Usd/Jpy

Opened just sell the pair failed to strengthen above 90.00 figure and after a brief consolidation goes south again, it seems a bit exhausted bulls and the MASD showed a sell signal and RSI - formed a divergence at the break 89.77 will be adding one more sale.

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After breaking the 89.00 levels the pair trigger the upside move. The Linear Regression Indicators supports the bullish movement of the pair. The stability above the 89.55 levels will extends the bullishness of the pair. According to my chart analysis, I prefer to buying the pair above 89.55 with targets 90.20, 90.85 then 91.50 and stoploss with four hour candle closing below 88.80.

After the last course still broke the resistance 89.69 pair made a new high for the month, the trend continues to the north, while for growth to overcome the pair 90.00 figure, visible support for the new formed 89.70 below which a couple is not allowed (it also held about moving alligator) keep buying, stop while below 89.60, another purchase open upon breaking 90.00.

sell usd/jpy at the level 90.00 with targets at 89.32 and 88.77, but in case of breaking the level 90.41, then buy at this level with targets at 91.98 and 92.59

Given obscheyu tendency for growth of the dollar index and the overall trend of strong jpy opened shop, the couple still tend to increase as the hourly timeframe visible horizontal level of 89.78) on which there is a strong buyer, will soon open the U.S. session (which should still Doda gasoline) so possible today and the formation of a new month high.

During the Asian session the USD / JPY pair was held under slight pressure in response to concerns that the outcome of the January meeting of the Bank of Japan, which will take place next week, would betray the expectations of many investors. On the next following session the currency started to decline against its counterparts amid comments of the Minister of Economy of Japan Mr. Amari who said the yen will continue its adjustement after the excessive growth and his previous comments had been incorrectly interpreted. During the European session the pair rose to a new intraday high of Y89.55.

USDJPY Technical Analysis
Time Frame = 1H

http://img20.imageporter.com/i/01776/tkawu0vaa0pw_t.jpg

indicator =
1) HEIKEN Ashi = white bullish indication
2) CCI = -34.8830 weak bullish indication because it is close to the limit to buy CCI = 100
3) Supertrend = blue flat into a sharp bullish indication sideway

= pair analysis still shows a fairly strong bullish indicator supertrend, and is increasingly bullish near 90.00 levels to new highs to be tested for the reversal of direction because at this level is the upper limit CCI sale

trend continues .. worked very well the trend line, and today the couple drew up next, is attached above the resistance level of 89.60 and the price continues to consolidate ... so technically is a beautiful spot for a long entry ...@>-

USD / JPY making new highs yesterday suggests that the underlying uptrend has continued. Support per hour can be found at 89.64 (intraday low) and 89.23 (intraday low). The next major resistance is at 92.89.
We have updated our purchasing strategy given past price behavior.
USD / JPY has validated the formation of long-term bullish trend reversal to explicitly break resistance at 85.53. The long term goal of the first is the major resistance at 94.99. Other major resistance can be found at 101.45.

Weekly analysis of dollar yen pair I expect the pair climb to the levels of 92.40 and rebound, but in the case of breach expect possible climb to 93.50 and then climb to 94.90 and rebound as in the case of landing expect possible down to 88.00 if broken expect fall to 85.00 and rebound