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Support: 83.64
Pivot: 84.09
Resistance: 84.54
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 buy
Technical Analysis for USDJPY 100% Buy
The yen fell approaching to the lowest level since April 2011 on the eve of the last in this year the Bank of Japan meeting, which will be held on December 19-20. The currency fell on speculations of announcing new measures for supporting the Japanese economy. The USD / JPY couple jumped to Y84.07 before the beginning of the European session.
The pair has broken resistance 83.933. If the pair stays above this level the pair will rise to 84.866.
Resistance: 83.933, 84.866, 85.960
Support: 83.065, 82.219, 81.399
USD/JPY Daily Outlook
Daily Pivots: (S1) 83.92; (P) 84.09; (R1) 84.37;
USD/JPY's rally resumed after brief consolidation and edges higher to 84.43 so far today. Intraday bias is back on the upside and current rally could extend towards 85.51 key resistance. As USD/JPY is now inside 84.17/85.51 resistance zone, we'll continue to be cautious on reversal signal. Though, break of 82.83 support is needed to indicate short term topping first. Otherwise, outlook will stay bullish.
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. However, decisive break of 85.51 will be a sign of medium term reversal and strong rise should then at least be seen to 55 months EMA (now at 87.42) and above.
Today, a pair of usd / jpy has managed to make up the next month after the course to cover the complete HepB he again resumed the northern trend and now entered on a short-term resistance level of 84.40, it was yet another signal to buy, now has to figure 85.
Usd-jpy
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.
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USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 83.92; (P) 84.09; (R1) 84.37;
USD/JPY's rally is still in progress for the moment and intraday bias remains on the upside for 85.51 key resistance. We'd continue to be cautious on reversal signal at this point. But break of 83.61 minor support is needed to be the first sign of reversal. Otherwise, outlook will stay bullish. Indeed, sustained break of 85.51 will have larger bullish implication and will pave the way for stronger rally ahead.
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. However, decisive break of 85.51 will be a sign of medium term reversal and strong rise should then at least be seen to 55 months EMA (now at 87.42) and above.
واصل زوج الدولار الامريكي مقابل الين الياباني الارتفاع ليستقر فوق 84.00 لأول مرة منذ أكثر من ثمانية أشهر مع ترقب المستثمرين لقرار الفائدة المرجعي مع الآمال بمزيد من التحفيز النقدي و هذا القرار الأول للبنك بعد أن أصبح شينزو آبي رئيس الوزراء الجديد لليابان بعد فوزه في الانتخابات العامة التي جرت يوم الأحد الماضي، و ليصبح رئيس الوزراء الياباني للستة أعوام القادمة، و يتداول الزوج حاليا حول مستويات 84.46 و سجل الأعلى عند مستويات 84.56 و الأدنى عند 84.15 مقارنة بسعر الافتتاح عند 84.18.
---------- Post added at 02:02 PM ---------- Previous post was at 02:02 PM ----------
USDOLLAR S1: 9917 m
S2: 9891 m
S3: 9866 m R3: 10044 w
R2: 10013 s
R1: 9977 m
On the hourly chart, price is above the 12 EMA (white) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 84.80
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.
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.Quote:
Originally Posted by selamet
USDJPY remains in uptrend from 82.11, the fall from 84.61 is likely consolidation of the uptrend.
Support is at 83.75, as long as this level holds, the uptrend could be expected to resume,
and another rise towards 86.00 could be expected after consolidation.
the previous week saw usdjpy failed to break support at 80.00.
it instead push much higher up to 80.79, but resistance is at 81.03 with indications of reversal at 80.79.
i think usdjpy is still bearish, but a break of 80.79 and then 81.03 would imply otherwise.
The pair has reached 83.933 and tries to stay above this level. MACD shows divergence and the pair may start corrections.
Resistance: 84.866, 85.960, 86.861
Support: 83.933, 83.065, 82.219
USD/JPY intraday: further advance.
Our preference: Long positions above 83.9 with targets @ 84.55 & 84.7 in extension.
Alternative scenario: Below 83.9 look for further downside with 83.6 & 83.3 as targets.
Key levels
85.1
84.7
84.55
84.221 last
83.9
83.6
83
Based on the daily chart, USDJPY looks in trend bearish evening star candlestick format. USDJPY possibility of further movement tried to break through support at 83.95 and managed to penetrate resistant if the next target is 83.72.
Trading Recommendations: wait and after a bullish move back through support at 84.40 could grab a sell position at 84.35.
I had to turn over to the south, the pair made a number of very strong signals for sale, 1. pair broke through the medium sloping trend line, 2. pair could break through the 84.00 figure, now consolidated around a course that gives her a good position to sell, stop above the 84.00 figure.
USD/JPY is consolidating with risks skewed lower after hitting 20-month high of 84.62 on Wednesday, as markets await Bank of Japan's monetary policy meeting decision- JPY would rally if BOJ does not boost its asset purchases or give lip service to Prime Minister-elect Shinzo Abe's idea of increasing its inflation target to 2%. USD/JPY is undermined by selling of yen crosses amid increased risk aversion (VIX fear gauge rose 11.62% to 17.38, S&P fell 0.76% overnight) as latest news from Washington suggested a setback in budget negotiations--White House said President Obama would veto a tax and spending plan proposed by House Speaker John Boehner, leading Mr. Boehner to warn of the "biggest tax increase in history." USD/JPY is also weighed by Japan exporter sales. But USD/JPY losses tempered by demand from Japan
Pre-Signal Analysis: be bearish
Recommendation: for price movement below 84.02 23.6 fib = yes ... we are looking for the best sell gold
\\\\\Pair up again north trend, an attempt to break through the lower zone of the fractal-83.88 support failed, and the bulls again resumed the attack and began to develop the northern stochastic signal, now the pair has moved beyond the sliding alligator that gave an additional signal to the north, at the break of 84.60 local maximum (upper area of the fractal ) plan to buy more.````
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
dear let me explain more about this pair because i do trade daily in many pairs and dear listen this pair is cousin of eur.usd and at this time it have rise value 84.24 and dear this is good support time it may go down after one week .
today USDJPY will be ranging after bullish attack week yesterday. we can see the support at 83.88 and the resisten at 84.60 . This pattern make bullish continuation, so that better looking for lower price to take long position.
USDJPY made marginal new highs above its recent high at 84.48 yesterday. Monitor the support at 83.61, as a break would open the way for a deeper correction. The general overbought conditions favour a 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.
I think all time low record is around 76, not around 78.88. Some 20 yrs back, price was more then 300, around 10 years back price was around 150 and now 80, maybe after 5 yrs price goes to 50.
The pair is breaking support level 84.00, it is possible to continue down towards 83.64, after that USDJPY will likely bounce up to correction.
Today’s technical analysis
Resistance 3- 85.16
Resistance 2- 84.80
Resistance 1- 84.59
Pivot point- 84.23
Support 1- 84.02
Support 2- 83.66
Support 3- 83.45
In h1 time frame price is again making double bottom so may be there is possibility that it will break this pattern. short at 83.85 and take profit is 83.66
USD/JPY pair price is come back from support 84.01 but the bearish is still strong here. So, expect it going down again after retracements. Target is expected at 83.90.
Pair formed a converging triangle, today there was a retreat from its lower boundary but still consider buying a little dangerous as bearish triangle (upper lower and lower highs and lower) and most likely it will break the lower boundary of the shape-support 83.89 (this will sell to the objectives about 83.20).
By jpy seems planned change of trend, bulls have significantly lost their fervor and bears are becoming stronger, cost only analyze the time schedule, there is a noticeable shift down the resistance level (first 84.60 then 84.43 and now 84.15) price closer and closer to the support tighten 83.88 (the lower zone of fractals) - breakout last add another sale.
None of what the South is not out of the question, the couple made a sharp rebound from the bottom of the bullish channel, MASD also showed the northern light, the trend continues to the north, the target may be the current maximum is 84.60 but it seems that the upper boundary of the channel can be reached.
Spoiler: