Break above (76.400) may trigger further recovery of the USDJPY. Going bellow latest swing low at (75.735), however, would confirm continuation of the bearish trend, towards next objective downwards (74.604).
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Break above (76.400) may trigger further recovery of the USDJPY. Going bellow latest swing low at (75.735), however, would confirm continuation of the bearish trend, towards next objective downwards (74.604).
key level at 75,94 and 75,79.this level are strong support and need strong seller to break this level.we can put buy order in this are,because it change valid support while yesterday price can not break it.
Candle is below Moving Average period 20 in 30 Minutes chart so I think it’s still standing for downtrend . First target must be at 75.80 and second target at 75.70 for next time. Place your stop loss 40 points from your open position.
If a M15 close above 77.00 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 75 sell only and do not buy. If price closes back above it again do nothing
The range 77.00 and 75 is neutral area, any trade done in between is personal decision and not part of this analysis
the picture is showing the pair has been ended it's trading today above level 76.00 and that's will lead the movement to up trend to reach 76.55 , so the buying is suggested with a appropriate stop loss level and targets equal 30 pips at least
If a M15 close above 76.50 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 75 sell only and do not buy. If price closes back above it again do nothing
The range 76.50 and 75 is neutral area, any trade done in between is personal decision and not part of this analysis
USDJPY has a bad dream and if tokio will not rise jpy will and BOJ could be in problem tonight. We will see what is going to be.
it will find a floor in the 76 range. Because of this, we would like to buy this pair on dips, but only for short-term trades. The range should continue to grind between 75.50 and 78 for the foreseeable future – barring that intervention.
because of the moving under the level of 76.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 75.65 and then 75.40 how ever the pair made any hourly correction
The Dollar continues under downward pressure, pushing through fresh post-WW II lows against the Yen. USD/JPY failed to extend recovery above 76.30 on Wednesday, and dropped again on Thursday, hitting a new long-term low at 75.65, to remain capped below 76.30 in Asia.