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The market is showing a move that took people by surprise because this pair has been following the XXX/USD rather than USD/XXX.
So with this pair going up could it be that it will be the start of a bullish trend or just retracement?
We'll follow the progress on the daily time frame.
USDJPY on the market today are at the 109.81 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit positions at 110.56 You put a stop loss positions at 109.69 that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BULLISH TREND
The following resistance and supporting level of this pairs is as below :
The First Resistance 110.31
Second Resistance 110.53
Third Resistance -110.66
The First Support -109.81
Second Support -109.58
Third Support -109.46
the market before active intervention by the PBoC. Relatively strong data from the United States, released the day before, confront weaknesses in Asia. Due to this data, the dollar received additional support, and stock purchases intensified.
he Parabolic Indicator gives a bearish signal.
The Bollinger bands have narrowed, which indicates low volatility. Both Bollinger bands are titled down.
The RSI indicator is below 50. It has formed a weak, negative divergence.
The MACD indicator gives a bearish signal.
Pivotal Points: 109.72
Resistance 3: 110.73
Resistance 2: 110.35
Resistance 1: 110.13
Support 1: 109.47
Support 2: 109.09
Support 3: 108.84
USD/JPY INTRADAY: CAPPED BY A NEGATIVE TREND LINE.
Pivot: 110.20
Our preference: short positions below 110.20 with targets at 109.70 & 109.35 in extension.
Alternative scenario: above 110.20 look for further upside with 110.40 & 110.55 as targets.
Comment: technically the RSI is below its neutrality area at 50.
usdjpy
Is time ke price ye chal rhe he......... 110.04
Resistance level 1 # 110.34
Resistance level 2 # 110.67
Resistance level 3 # 110.99
Support level 1 # 108.80
Support level 2 # 108.50
Support level 3 # 108.20
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
Usd jpy pair say bbe huma acha profit mil sakhta hai us leay huma soch smjh ka he agr us ma work kara ga tu huma us ma say acha profit bhe huma asani say huma mil sakhta hai
My analysis of Usd/jpy
Current Price is ;110.10
Resistance and supporting level is
Resistance level is :
1<<< Resistance Level:110.59
2<<< Resistance Level:110.73
3<<< Resistance Level: 111.07
Supporting level is :
1<<< Supporting Level: 109.92
2<<< Supporting Level: 109.88
3<<< Supporting Level: 109.77
USDJPY
I see this pair still in strong bullish movement . If this pair can resistance level at 110.32 I predict this pair will go up to the next resistance level at 110.80 But if this pair go down and break support level at 109.81 I predict this pair will make some correction to the next support level at around 109.29. Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with and take profit at 110.80 and put StopLoss at 109.95
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.