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After analyzing the market of this pair USD/JPY it shows that the trend is SELL
Current Rate is 108.50
According to my analysis the resistance and support will be as
1) Resistance : 108.67
2) Resistance : 108.85
3) Resistance : 109.07
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1) Support : 108.34
2) Support : 108.20
3) Support : 108.00
BEST OF LUCK...
Forex Forecast with price level
USD/JPY - pair in focus.
Current Price - 108.57
main support level - 108.53
main resistance level - 108.61
Pair likely to be in Sell today.
USD/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
108.10 - 108.29 - 108.41
Resistance 1 - Resistance 2 - Resistance 3.
108.71 - 108.91 - 109.02
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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.
At this point in time, consider buying on USDJPY. On the H1 timeframe, take the position opening point - 109.651. If the price reaches the level of 109.522, you need to close the position at a loss. And for profit, we have three levels 1) 109.779; 2) 109.907; 3) 110.035. We will close by the floor of the position at the first two levels, and at the last we close the remainder.
Usd/jpy > BEARISH
PIVOT POINT > 108.77
S1 > 108.49
S2 > 108.32
S3 > 108.05
R1 > 109.04
R2 > 109.21
R3 > 109.49
USDJPY
Today Market Trend Is Bearish
Pivot Point 108.77
1# Supporting 108.47
2# Supporting 108.31
3# Supporting 108.07
1# Resistance 109.01
2# Resistance 109.25
3# Resistance 109.47
USD/JPY's sharp fall today argues that recovery from 78.33 is finished at 78.84. Intraday bias is cautiously on the downside for 78.33 and break will target 77.90 support next. The overall outlook remains unchanged. That is, price actions from 77.66 are either a consolidation pattern that's completed with three waves to 79.65, or is a five wave triangle pattern. In either case, recovery attempt should now be limited well below 79.65 resistance. Break of 77.99 will indicate that fall from 84.17 is finally resuming for 75.56/84.17 support zone.
yes you are right due to japan earth quake its fall many pips..but now we can see little bit improvement near 80.16..and once again this pair at this price level so we expect little bit more improvement.
Usdjpy forex ke trading main yeh ek best pair hai trading krne ke liye yeh pair per agar ap log watch kr ke trading krte ho tu mje umed hai ke yeh bht he best pair hai yeh kam time main bht juld up and down hota hai es pair main profit hai ap log zida se zida es pair ko watch kr ke trading kr sakte ho or new user ke liye bhe best pair hai yeh aj kafi uper ke traf jaega so ap apne risk se trading kren pip +80
R 1..... 108.80
R 2..... 109.00
R 3..... 109.30
S 1..... 108.30
S 2..... 108.00
S 3..... 107.60