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Technical analysis of Usd/Jpy is buy
Resistance and Supporting levels is :a
Resistance level is
1> Resistance level is:110.33
2> Resistance level is: 110.66
3> Resistance level is: 110.99
Supporting level is
1> Supporting level is: 109.77
2> Supporting level is: 109.44
3> Supporting level is: 109.11
Today's trading session showed that usd was a sell off against the yen, now the pair has baseline support on 1 hour time frame and could definitely show some upward retracement, we are not at oversold so this tells us that we might not have the go ahead to give a buy signal yet, I would probably wait for 78.41 area to buy this pair rather than buy now
Achieved the dollar versus the yen strong break to the level of 122.00 and fell sharply, touching 76.4% Fibonacci correction of the rise, this level is at 120.50, and breaking it would extend losses pair to reach the bottom level registered in advance at 118.87.
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.
Candle is below Moving Average period 20 in 30 Minutes chart so I think it�s still standing for downtrend . First target must be at 76.60 and second target at 76.50 for next time. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Happy green pips�
Usd/jpy
Today live rate is 110.078
By searching all previous results of charts
i suggest that
the buying rate will be 110.431
and selling rate will be 110.003
.
Good luck
US Dollar gains momentum amid higher US yields and a rally in Wall Street.
Yen posts mixed results across the board, off highs.
The USD/JPY pair found support around the 109.50 area and bounced to the upside, erasing losses. It rose to test again the 110.00 zone but failed to break higher and pulled back modestly.
USD/JPY Today Analysis
Market Trend Bullish
Pivot Point 110.06
S 1 110.30
S 2 110.60
S 3 110.90
R 1 109.80
R 2 109.60
R 3 109.40
Usd jpy is going up and we can have a buy trade on this pair
Support and resistance levels:-
S3 109.68
S2 109.80
S1 109.87
R1 109.99
R2 110.03
R3 110.15
current price still move between 80.00~80.35, I think UJ will still continue rising if price still can maintain move above 80.08 . And the next resistance level will see at 80.42~80.47 if price later is going up and able to breakout 80.35. Otherwise price will continue back with downtrend if not able to break 80.35.