Usd/Jpy

Today's technical analysis for the pair Usd jpy.
The current price of the pair is 111.53 and the pair is showing a bearish movement.
Signal for today:- Sell

Analysis For Usd/Jpy

Today's Trend is: Bearish

Support levels for the pair is :
Support 1: 111.39
Support 2: 111.3
Support 3: 111.07

Resistence levels for the pair is :
Resistence 1: 111.62
Resistence 2: 111.76
Resistence 3: 111.99

To-day usd/jpy Resistance & Support

Resistance level
1 Resistance level 111.31
2 Resistance level 111.40
3 Resistance level 111.67
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Support level
1 Support level 111.35
2 Support level 111.23
3 Support level 111.08

Usd/Jpy

Resistance and Supporting level today,s

indicator is :

Moving Average:Bearish trend
MACD:Bearish trend


Resistance level today,s is

First Resistance is:111.78
Second Resistance is: 111.92
Third Resistance is: 112.04


Supporting levels today,s is

First Support is: 111.53
Second Support is:111.41
Third Support is:111.27

USD/JPY
USD/JPY is the forex ticker used to represent the US Dollar and Japanese Yen exchange rate on currency markets. It is used to ascertain the value of the US Dollar against the Yen, telling traders how many Yen are needed to buy a US Dollar. The Dollar-Yen combination is one of the most commonly traded forex pairs – second only to EUR/USD – because it values two of the largest and most influential economies in the world. Traders can use the live USD/JPY chart as an indicator of not only Japan’s economy, but as a benchmark for Asian economic health and even the global economy.

USD/JPY is looking mixed and we don't know what will happen in the upcoming days to please be care full while placing any trade in this pair kindly watch some support and resistance levels below.


Support Resistance
111.51 111.86
111.33 112.02
110.99 112.36
Key Trading Level: 111.67

USD/JPY was under pressure amid no progress in trade talks, mixed data, and also Brexit.
A big bulk of US figures will give a clearer picture of the situation.
The technical picture is still somewhat bullish.
This was the week: Trade going nowhere, mixed data
US data was mixed. Retail sales came out better than expected in January with the critical Control Group rising by 1.1%. However, the disastrous data from December became even worse with the most recent release, keeping economists perplexed.

US inflation was more straightforward and came out slightly below expectations: 2.1% YoY on the Core and 1.5% on the headline. Durable goods were not that straightforward, but were decidedly positive: the non-defense ex-air measure rose by 0.8%, significantly above expectations. It shows investment is on the rise once again.

The spot rate approaches the upper limit of its medium term bearish channel to 80.20. A break of these levels would free up significant potential and initiate a bullish trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 80.20 with a 1st objective of 81.00, then 81.30. A break in 79.90 would invalidate this scenario.

Today analysis for the pair of : usd/jpy
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck

Resistance level

1 Resistance : 111.80
2 Resistance : 112.10
3 Resistance : 112.40

Supporting level

1 Supporting : 111.20
2 Supporting : 110.90
3 Supporting : 110.60

The pair opened today's trading session with a significant drop to test the support of the ascending channel appearing in the picture, and the pair is rising again and moving above 111.07, keeping the bullish scenario intact so far, waiting for initial testing at 112.07, Rising wave to reach 113.00 as the next target.
http://www9.0zz0.com/2019/03/15/23/234257686.png