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while still a high probability of resistance testing range 80.00-80.20, where the 50 - and 100-day SMA, as well as the 38.2% correction from the reduction of 84.16-77.64. The breakthrough and consolidation above this range will pave the way towards the restoration of a mark 84.00.
Drawing attention to the 4-hour chart, you may notice that the second week in a row trades do not go beyond the price range of 79.20 - 79.70.Gistogramma MACD is still in positive territory, at the moment trying to cross its signal line from the bottom up and thus form a buy signal. Stochastic Oscillator has entered into the overbought zone and already gives such a signal as the% K line rises above the% D, but as long as 79.70 resistance level is not broken, I would not recommend to enter the market ..!
The RSI is mixed bearish. Short position is preferable with price targets of 79.25 and 79.1. If the price goes above 79.75 then we can expect upward movement of 79.85 and 80 as price targets.
JPY pair has met very strong resistance level of 79.71 which is not able to overcome several days in a row, I think on this level will be the resumption of the southern movement brought Ichimoku sell signal, crossing the green line of the price chart.
It seems the pair will go down to the very strong level of 79.70 which is still beyond the power of the bulls, now struck the Mini level of 79.50, and the couple had already entrenched below this mark, so I think that the pair should fall .. approximate target 79.10 ..
i think that we should sell USDJPY now as i predict that USDJPY will move down as we have a movnig down trend on the daily chart our tp1 will be @77.9 as we have a support level @ this level.
USD / JPY exchange rate continues to trade in fletovom channel, today there was a rebound from the top of this hour and the rate of close to 79.18 support level, I think that will be the breakdown of this level, then the goal of 78.00.
JPY again, walked up to the level of support 79.17, the pair formed by three H1 peak hour like this breakdown occurs 79.17 support level that will pave the way for further depreciation in the flesh to a local minimum of 78.00 + -.
USD / JPY for more than five days and the pair is trying to penetrate the areas of resistance but to no avail but it shutdown under 23 to engage in a Fibonacci sale
http://hh7.an3m1.com/Sep/an3m1.com_e79daa76fa1.png
The pair is still trading above $ 79.00. In this daily chart RSI is in neutral zone.Proryv and securing higher levels of 80-80.20 would pave the way towards the restoration of a mark 84.00. Otherwise, the reverse is expected to fall below the 200-day SMA for support 77.65, which again will aim to overcome a couple of the reduction in the direction of key support 75.55-76.00 ..... so waiting for activity in a pair