Usd/Jpy

Analysis of Usd/Jpy

Today trend is: Bearish

Support levels for the pair is:
Support1:111.5
Support2:111.47
Support3:111.41

Resistance levels for the pair is:
Resistance1:111.55
Resistance2:111.58
Resistance3:111.64

after closing the previous week with a modest 40-pip gain, the usd/jpy started the new week in a calm manner and is having a difficult time determining its next short-term direction. at the moment, the pair is virtually unchanged on a daily basis at 111.47.


earlier today, the data from japan showed that the merchandise trade balance (adjusted) rose to +116.1 billion jpy from -254 billion jpy but the fact that imports declined 6.7% in the same period on a yearly basis didn't allow the market to show a positive reaction. other data from japan revealed that industrial production contracted by 3.4% on a monthly basis in january.

on the other hand, ahead of the na session, which won't offer any significant macroeconomic data releases from the u.s., the us dollar index is posting small losses below 96.50. later this week, the fomc's policy announcements and the updated dot plot chart will the primary catalyst for the greenback.

I figure it will fall more and break unsurpassed low which is around 78.88 soon, UJ is tumbling from a significant long time zero chance for USD to recuperate.

I think untouched low record is around 76, not around 78.88. In any case I was think it going to go up when it was around 80 and now it contact 80.35, I figure we can see around 80.70 in coming days.

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 of this pair is:
1# Resistance is: 111.79
2# Resistance is: 111.91
3# Resistance is: 112.11
Supporting level of this pair is :
1# Supporting is: 111.39
2# Supporting is: 111.27
3# Supporting is: 111.07

I try to make analysis for eurgbp pair today.Usd/Jpy
Recommendation Trend is :Sell
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :111.79
2 Resistance level :111.91
3 Resistance level :112.11
Support level
1 Support level : 111.39
2 Support level : 111.27
3 Support level : 111.07
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka

Pair:- Usd jpy

Signal:- Buy

----***SUPPORT***----

Support1: 111.41
Support2: 111.47
Support3: 111.50

----***RESISTANCE***----

Resistance1: 111.55
Resistance2: 111.58
Resistance3: 111.64

USDJPY Analysis


Support 111.24

Support 111.05

Support 110.74


Resistance 111.78

Resistance 112.15

Resistance 112.33

Today's market technical analysis for usd/jpy

price 111.50

market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as

1-Resistance level = 111.88
2-Resistance level = 111.99
3-Resistance level = 112.22

1-Support level = 111.32
2-Support level = 111.11
3-Support level = 110.88

USD/JPY

Overview:
Today Last Price: 111.55
Today Daily change: 7 pips
Today Daily change %: 0.06%
Today Daily Open: 111.48
Trends:
Daily SMA20: 111.22
Daily SMA50: 110.16
Daily SMA100: 111.3
Daily SMA200: 111.44
Levels:
Previous Daily High: 111.9
Previous Daily Low: 111.38
Previous Weekly High: 111.9
Previous Weekly Low: 110.88
Previous Monthly High: 111.5
Previous Monthly Low: 108.73
Daily Fibonacci 38.2%: 111.58
Daily Fibonacci 61.8%: 111.7
Daily Pivot Point S1: 111.27
Daily Pivot Point S2: 111.06
Daily Pivot Point S3: 110.75
Daily Pivot Point R1: 111.79
Daily Pivot Point R2: 112.11
Daily Pivot Point R3: 112.32

technical analysis of Usd/jpy

Connors RSI:sell
Current Price is ; 111.42
Pivot Point is:111.59

Resistance Price is :
1. Resistance Level:111.57
2. Resistance Level:111.69
3. Resistance Level: 111.80

Supporting price is :
1. Supporting Level: 111.30
2. Supporting Level: 111.18
3. Supporting Level: 111.05