I think USDJPY will rise to resistance level at 81.79.
4H downtrend line was broken and retested so I think it is going to go upward.
What is more RSI is around 50 so it is not overbought.
Good luck
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I think USDJPY will rise to resistance level at 81.79.
4H downtrend line was broken and retested so I think it is going to go upward.
What is more RSI is around 50 so it is not overbought.
Good luck
still continue to fight rising prices. the price of trying to penetrate the line ema62 d1.
always cautious, because prices can form a sideway trend.
all positions are still valid, we just watch it.
http://i1123.photobucket.com/albums/...0115-59-01.png
buy two positions are floting profit,
I think the trend is still up,
so for now I leave all of these positions is open until tomorrow.
http://i1123.photobucket.com/albums/...0116-06-15.png
Overall the price is not trending, making a lot of false breakout/breakdown between 79.70 –82.20 range area. Aggressive intraday traders can still long around 80.00 – 79.55 with tight stop loss below 79.55 or short around 82.20 also with tight stop loss.
Resistance Level : 82.20, 82.60, 83.45
Support Level : 80.00, 79.55, 79.00
Trading Range : 79.70 – 82.20
Trend : Neutral
smua position is still valid, we are just waiting for the price moves up
and gives us a lot of profit.
turns almost all pairs bouncing on line ema.
This can be a learning for us all.
http://i1123.photobucket.com/albums/...0116-02-19.png
buy two positions have seen profit,
trend of trying to get past the line ema62d1.
prices seem to still hold up.
I will leave the position floting until tomorrow morning.
http://i1123.photobucket.com/albums/...0115-44-53.png
http://i55.tinypic.com/2h5qog9.gif
right time now this pair at top line of bb and up trend line see the chart. i think now this pair go doen.
first tp is - 80.86
this pair achived my tp + 60pipsQuote:
Originally Posted by s19
a very big defeat. result in very big news in these pairs.
tf we look at candle on d1, still inside the lines sma5daily.
if tomorrow candle made it out of line, it's a sign we need to cut losses.
http://i1123.photobucket.com/albums/...0115-47-49.png
whether the trend can be changed by the news nfp? we 'll see, after the close prices below the sma5,
then that means the trend has turned down. because the price was still in between the lines sma5,
then there are still opportunities for the UP, and change a loss into a profit position.
http://i1123.photobucket.com/albums/...0117-49-52.png
usdjpy ka bahut strong down trend chal raha hai aur ye abhi 78.98 ke paas hai..
4 hour ki candles ke hisab se iska trend abhi change nahi hua hai lekin is vaklue pe ye thoda stable hua hai..
agar next 4 hour ki cadnle me ye nahi neeche jata to yaha se isko buy kiya ja sakta hai for short as well as long term
mere khyal se aajusd jpy niche jayega. isliye 78.64 me ek buy order de raha hoon. tp and sl 30pips. tp may be 78.27. but after cross 30 pips then if cross 40 pips from order then give another.
aaj main ek buy pending order dunga 79.22 me. tp 30 pips or 79 .53
sl 30 pips.
aaj sure ye pair niche jayega.
sell at 79.00 tp 78.80 or 30 pips and sl 79.20
today one sell pending order at 78.90 tp 78.77and sl 79.20
another buy pending at 79.18 tpde raha hoon 79.57 and sl hoga 78.88
age dekhte he kya ota he.
USD / JPY 78.69 पर बुधवार को तली, छह दिनों में निम्नतम स्तर है. अमेरिकी डॉलर चढ़ाव पर rebounded और नुकसान छंटनी लेकिन ऊपर 79.00 नीचे छाया हुआ था. अंतिम घंटे में जोड़ी स्थिर 78.80 और 78.95/00 के बीच एक छोटी सी श्रृंखला में बढ़ बने रहे.
kaal ek baria tp ke sath aapka balance vi nargaya hoga.
aaj ek aur sell order di he at 78.72. tp 1st trget 30 pips ya 2nd terget 78.36 or the 3rd terget is 78.26. sl 30 pips.
aaj upor uthne ka koi chance nazar nehi aa raha he.
aaj usd jpy ka niche ane ka full chance he
sell pending at78.42 and tp 78.27 or more sl 30 pips.
one buy pending at 78.87 tp 20 pips to 30 pips.
sell pending at 78.32 tp ans sl 30 pips.
and buy pending at 78.56 tp and sl 30 pips.
aaj usd jpy ek upor ke or jane ke baad abhi niche ayega.
abhi ek sell order at 78.11
tp and sl 30 pips thik rahega.
maine right entry point kho di he. aaj usd jpy ka upor jane ka chance he. isliye main abhi pending order de raha hoon.
buy pending at 78.07
tp 78.37
sl 30 pips
The Dollar is the best performer so far during the American session and is rising even against the Yen despite risk aversion. USD/JPY is recovering ground after bottoming at 77.55,
waise aaj ek reversal buy anewala he par main abhi ek sell order dunga.
sell usd jpy at 77.78
tp 1st 20 to 30 pips
sl 30 pips
From bank sources:
large stops spotted in -76.25/75.00.
Offers in 78.00-10.
More offers 78.25/50 stops building above these levels
The latest daily close below 79.50 certainly compromises our constructive outlook with the market breaking down below some solid multi-day range support in the 80.00 area and dropping into the 77.00’s thus far.
This now puts the pressure back on the downside and opens the door for a retest and potential break below the record lows from March by 76.30. At this point, a daily close back above 78.70 would be required at minimum to relieve downside pressures.
This now puts the pressure back on the downside and opens the door for a retest and potential break below the record lows from March by 76.30.
USDJPY during the Asian of the session saw a further decline. Strengthening yen could still be worse to dampen Japan's industrial production and also of leading economic index. Price and kept overnight supporte line that is still closest to supporte 77.42
The pair is moved down to test the support on 77.56
if this is breaked we can see the pair move down
if this support is not breaked we can see the pair move up to test the 1st resistance on 77.69
USD/JPY's rebound from 75.98 low was held by medium term long term falling trend line as well as the 55 weeks EMA. Thus, down trend from 124.13 could still be in progress.
On the upside, another move back above 78.24 could lead price to neutral zone in nearest term but as long as price stays below 79.55 my overall technical bias remains strongly to the downside.
now i suggeste for traders on this pair can go for sell positions down 77.4 levels with targets at 76.7 and 76.3 in extension.
and go buy if the price head above 77.4 level we can look for further upside with 77.65 and 78.05 as targets.
The short term trend to the upside, the goal at 87.45 as long as the regions of 76.40 fixed.
Support 77.10 76.75 76.40 75.25
Resistance 77.65 77.80 78.35 79.30
i think traders on this pair can go for short positions below 77.4 with targets at 76.7 and 76.5 in extension.
and if the trend move above 77.4 look for further upside with 77.65 and 78.05 as targets.
good hunt
The pair trended lower throughout the session and finished below 77.00 level. Of note, given the pressure that the BoJ is under to curtail the recent surge in JPY, the BoJ’s Governor Shirakawa said the central bank will need to carefully examine economic and price developments with an eye on the effect of recent JPY rises
This is the news come out after the big up movement from USD/JPY that influence all the Yen pair to go up 100 pips in fast. Nikkei: Bank of Japan intervenes. Separate report: Ministry of Finance confirms intervention. let's see how far the intervention will effect on the chart. since its going up for the Yen pair. while other pair remain silence.
USD/JPY came alive in Asian trade, confirming what everyone had been expecting as the BoJ intervened in the forex market.
With the BOJ intervention, usdjpy has jump by more than 300 pips this morning,
currently high at 80.23. it is quite interesting to know the effect of this
news in the long-term. in my view, it would be (most possibly be) up for usdjpy.
the BOJ initiates measure to devaluate yen against the dollar.
Despite dlr's anticipated cross-inspired' brief bounce to 77.83, lack of
follow-through buying n subsequent swift retreat suggests y'day's
recovery fm a 4-month low at 76.29 has possibly made a top n below
77.20 wud confirm this view, yield 76.85/90.
Stand aside n sell on upmove for day trade or on recovery once
initial sup at 77.20 is penetrated.
they currently sit on my second support at 78.7 in my chart after suffering a great "constant" fall today, i will stop my trade on this pair at the moment, but my preference is more decline to 3rd support before the market closed:)Quote:
Originally Posted by niteshforex