Usd/Jpy

My preferance for tomorrow for Usd/Jpy is to sell from 98.05 and to stop loss at 99.05,
first take profit is at 97.55 and second at 97.05.
God Be with you in trading

USD/JPY's sharp fall today argues that recovery from 78.33 is finished at 78.84. Intraday bias is cautiously on the downside for 78.33 and break will target 77.90 support next. The overall outlook remains unchanged. That is, price actions from 77.66 are either a consolidation pattern that's completed with three waves to 79.65, or is a five wave triangle pattern.

Today market is buy

>R1) 111.915
>R2) 111.926
>R3) 111.938
.........................

>S1) 111.895
>S2) 111.886
>S3) 111.975

today's market technical over view for usd/jpy

according to market technical analysis the market have sell trend
the market trend could remain in this position
expected resistance and support levels
market price ----------111.93

1- Resistance level----------112.00
2- Resistance level----------112.04
3- Resistance level----------112.09
1- Support level-------------111.92
2- Support level-------------111.88
3- Support level-------------111.84

we can see in the 1w chart
the pair trading down the 38.2
I see the pair will go to down way to 92.69
macd refers that the pair will go down
so our target sell from 98.05 and our target will 536pips

Ye pair downtrend ke movement par hain par agar ye 80.71 touch hota hai to 81.21 tak jaa sakta hain. Maine 80.66 me sell kiya tha aur 80.12 me closed kar diya.

once in the prediction of several indicators for the technical analysis of currency pairs USDJPY on the market today are at the 111.64 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 112.49 positions. You put a stop loss at 111.62 positions

that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend Up

The following resistance and supporting level of this pairs is as below :
The First Resistent ----------- 112.34
Second Resistent ----------- 112.46
Third Resistent ----------- 112.59
The First Support ----------- 111.64
Second Support ----------- 111.51
Third Support ----------- 111.39

my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please.. share your analysis, so we can discuss in this forum to maximize our profit

Pivotal Points: 112.01


Resistance 3: 112.34

Resistance 2: 112.22

Resistance 1: 112.13


Support 1: 111.92

Support 2: 111.80

Support 3: 111.71

This pair usd/jpy

Technical analysis of today is bearish

Pivot Point. 112.01

Current Price. 111.92

Resistance level
1st. 112.03
2nd. 112.14
3rd. 112.25

Supporting level
1st. 111.81
2nd. 111.70
3rd. 111.59

bullish trend seems to be taking place on the USDJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.

This pair can continue bullish trend, now current price at 111.96
and strong support in hourly time frame at level 111.74
there is possible chance price will move to up side. then next high price is 14

I suggest to entry BUY with stoploss at 14 and take profit at 14

use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit