Usd/Jpy

price continues to fletovat, I have two buy signals crossing the green line of Ichimoku ching span w 2. "golden cross", but to confirm the growth of the northern pair must also be overcome and the lower boundary of the cloud.

The trading range for today is among the key support level at 77.00 key resistance now at 80.10
The general trend in the short term is bullish targets as long as the level 87.45 75.20 level is still in place

The USD / JPY pair continued its previous downtrend during the Asian session and dropped to the lows of Y78.42 thus updated the low of this week. The currency rose against all major currencies due to the factors which supported the Japanese currency as an asset with the safe haven status. Some of them were: still existed concerns of slow economic recovery and protracted decision-making process of taking actions by European leaders for resolving the debt crisis in the region.

USD / JPY pair reached the levels of support if he can not shutdown the day beneath it is possible to go back for the rise especially as the stochastic regions resides at saturation to sell me

http://www7.0zz0.com/2012/07/20/12/516113465.png

This pair is major pair in the Forex market because when we open a new mt4 platform then this pair always open with this, in the recent year USD going up against the JPY means japani Jen and i like to trade in this pair.

My Weekly Analysis :

the pair has three steps towards the historical low level at 75.57

the next week has a target at 77.68 then if it close under it that means the second target level at 76.43 is coming and the third and last is 75.57

see the chart

Attachment 2928

the last support in the chart is the historical low level means that the price will record a low price for the first time in the history of the pair

USD / JPY pair fell strongly this week and the pair became close to the rising trend if he will break the pair is moving towards more downside, but I expect to bounce upward from him especially that the stochastic regions resides at saturation to sell me on a daily Frame

http://www13.0zz0.com/2012/07/22/17/132973786.png

http://i45.tinypic.com/28s4rrp.png

The short term trend of the pair is to the upside. Intraweek trading range of the pair is expected among key support at 76.50 and key resistance at 80.00. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

now usd is more powerfull impact ,i think usd/jpy go to 78.38.

There is also the first goal of the bears will be around the level of support 77.68, and from it most likely will be formed north of the correction after the sharp fall in the breakout of this level has not yet believe.