Usd/Jpy

USDJPY
Nice bulls. And look more bulls + good for Buy OP = If on today move; the price (buyer) also can break up to that 84.36. On simple say - just wait and see for break up price to that 84.36 = for start search new buy (of course).

Last hour candle was correctional south, now the pair went to the alligator slide that act as support levels sloping trend, while I wait for them to resume the main trend, the alternative scenario, the breakdown of the lower fractal (level 84.20) and strengthening below the moving flip the gator for sale .

the pair and as we can see from the chart has closed it's daily candle above the level of 77.50 , so , that's mean the up trend is still standing and the pair is heading to 78.10 using a directed up movement base , good luck .

Opened another purchase on usd / jpy pair because just went to the bottom of the rising channel, near her left off and turning to the north, the trend seems to be resumed again, I think we will once again see the mark of 84.57 at a minimum.

USDJPY up yesterday. It is now challenging its recent highs at 84.48. The general overbought conditions and the strong resistance at 84.18 suggest an upcoming short-term phase of weakness. USDJPY is likely in a long-term bottoming process. The break of the key resistance at 80.62 opens the way for further medium-term strength. A strong long-term resistance is at 85.53

Time Frame -H4
the stoch indicator is giving us short signal with cross out but as per me the price is pull up again and the price levvel 83.96 will hold this pair. short can if this level is breaked.
today pivot point are-
Resistance 3- 85.03
Resistance 2- 84.82
Resistance 1- 84.60

Pivot point- 84.39

Support 1- 84.17
Support 2- 83.96
Support 3- 83.74

USDJPY regained its bullish momentum yesterday. The bias remains bullish in nearest term testing 85.15 region, another consistent break above that area should trigger further bullish pressure targeting 85.60 key resistance area. On the downside, immediate support is seen around 84.25 – 84.00 area, a clear break below that area could bring the price to bearish correction phase in nearest term testing 83.40 key support area but any downside pullback now is normal and overall remain bullish as long as price stays above 81.80 region.

Support: 83.93
Pivot: 84.39
Resistance: 84.84

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for USDJPY 80% Buy

The yen fell against its rivals on expectations that the Bank of Japan will expand monetary stimulus program during the two-day meeting, which began today. The USD / JPY pair rose to Y84.42 during the Asian session and strengthened up to Y84.60 during the European one.

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Originally Posted by selamet

Intraday bias in USD/JPY remains neutral as it's staying in range of 81.68/82.83. Consolidation from 82.83 could extend further and below 81.68 will bring deeper pull back. But downside should be contained above 80.67 resistance turned support and bring rally resumption. Break of 82.83 will extend the rise from 77.13 to 84.17 resistance and above.

In the bigger picture, rise from 77.13 is viewed as a leg inside the consolidation pattern from 75.56. Such rally could extend to 84.17 and above. But after all, there is no clear indication of long term trend reversal yet. As long as 85.51 resistance holds, we'd expect the downside from 124.13 to resume sooner or later to a new low below 75.56.

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i even see a fall during this combine, it's already over bought because it moves from 78. 00 out to 82. 50 in merely the previous couple of trading weeks. n my opinion, in consecutive 3 months, the all time low could be tested once more at 74. 50 region.