Usd/Jpy

Usd /jpy

Todays my technical analysis of usd /jpy

Trend is bearish

Bid point is=111.55

Resistance and Supporting levels

1 RESISTANCE =111.66

2 RESISTANCE =111.74

3 RESISTANCE =111.83


1 Supporting =111.50

2 Supporting =111.46

3 supporting =111.43

bearish 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 sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 111.70 and strong resistent in hourly time frame at level 111.92 there is possible chance price will move to up side. then next low price is 111.19

I suggest to entry SELL with stoploss at 112.05 and take profit at 111.20

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

this is my analysis for USDJPY, hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 111.44 and the pair will continue to go down to the next level level at 111.22 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 111.53 stop loss at the level 111.08 and target take profit at the level 111.88

Resistance1 : ------- 111.91
Resistance2 : ------- 112.14
Resistance3 : ------- 111.87
Support 1 : -------- 111.46
Support 2 : -------- 111.27
Support 3 : -------- 111.83

if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.

pivot point;111.72

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is: 112.05
2> Resistance level is: 112.57
3> Resistance level is: 112.91


Supporting level is

1> Supporting level is: 111.20
2> Supporting level is: 110.87
3> Supporting level is: 110.37

JPY broke through minor support for 111.69 for a short while, but quickly recovered. Intraday offset remains neutral. On the other hand, a steady breakthrough 112.13 will resume all growth from 104.69 for the 100% projection of 109.71 to 111.82 and 110.84 to 112.95. On the other hand, a solid break of minor support 111.69 will reverse the bias to support 110.84. A break will bring a deeper drop back to support 109.71.

This pair usd/jpy

Technical analysis of today is bearish

Pivot Point. 111.74

Current Price. 111.63

Resistance level
1st. 111.74
2nd. 111.85
3rd. 111.96

Supporting level
1st. 111.52
2nd. 111.41
3rd. 111.30

usdjpy

Hellow Everyone, My Dear Sir Today Of My Technical Analysis Is usdjpy Sell To Strongly And time frame H1 and H4 moving average indicator RSI (14) and stochastic oscillator (5,3,3)
and
Daily Support And Resistance Level Of This Pairs,,,,,,,


1-Resistance level = 113.54
2-Resistance level = 113.41
3-Resistance level = 113.10

1-Supporting level = 112.85
2-Supporting level = 112.64
3-Supporting level = 112.41

USDJPY ANALYSIS

Expected trend for today: Bearish

Support 111.74

Support 111.35

Support 111.12


Resistance 112.48

Resistance 112.75

Resistance 113.22

The dollar firmed against the yen on Thursday ahead of the release of the latest Chinese purchasing managers index.

Hopes for a strong number sent the Japanese currency falling in anticipation for a risk-on trading session, though markets remained in a wait-and-see mode that was bullish for the greenback.

In Asian trading on Thursday, USD/JPY was trading at 79.89, up 0.15%, up from a session low of 79.85 and off a high of 79.90.

The pair was likely to find support at 79.52, Wednesday's low, and resistance at 79.96, Wednesday's high.

Later Thursday, China will release official data on manufacturing activity, a leading indicator of economic health.

A similar report from HSBC Holdings is due out as well.

Hopes for improvements from previous reports sent the yen falling.

The dollar, meanwhile, saw gains on weak output data at home.

The Institute for Supply Management-Chicago reported earlier that its October index of Midwest business activity rose to 49.9 from 49.7 in September, though analysts were expecting a reading of 51.0.

A reading of below 50.0 indicates a contracting sector.

The numbers dampened appetite for risk in the U.S., sending investors to the safety of the dollar.
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Usd/Jpy
Today Market analysis and trend:sell

Indicators bhi market ke down hony ka bata rahe hain

Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye