Usd/Jpy

USD/JPY intraday: under pressure.
Pivot: 78.65
Our preference: Short positions below 78.65 with targets @ 78.05 & 77.9 in extension.http://www.tradingcentral.com/chart/...2730135025.GIF

USDJPY
two hours ago market was buy in the time you buy usdjpy now.......
bid ask
78.27 78.30

As evident in the jpy 4 hour chart sloping line of medium-term support, below which the rate is not allowed, I think that from this line to expect a reversal to the north, at least for the correction to the area of ​​79.10.

steam again resumed the southern movement and sent to the support level of 77.97, I think it will be a breakthrough at this level, as the bulls are not activated and the yen continues to rise in price, will sell at the break.

Provided dollar against the yen trading a negative yesterday and closed near 78.00, while preparing to provide stochastic signal bearish cross on the daily timeframe
Support 77.10
Resistance 79.20

USD/JPY intraday: the downside prevails.
Pivot: 78.4
Our preference: Short positions below 78.4 with targets @ 78.05 & 77.9 in extension.
http://www.tradingcentral.com/chart/...2731134652.GIF

I see = the bearish trend still here (USDJPY) but with weak move after price now on near that support area (77.94). With this look = I see - it's better to just wait and see - then, we can sell again here after truly price can break more down to that strong support line (77.94), of course.

No change in USD/JPY's outlook. Intraday bias in USD/JPY remains neutral as consolidation from 77.94 continues. Stronger recovery cannot be ruled out but upside should be limited below 79.13 support turned resistance and bring fall resumption. Below 77.94 should send USD/JPY through 77.66 low to 75.56/76.02 support zone.

In the bigger picture, firstly, there is no sign of reversal in USD/JPY yet and the larger down trend from 124.13 is still expected to continue. Nonetheless, consolidation pattern from 75.56 should extend for a while below 85.51 first. In anyway, we'd stay bearish as long as 85.51 resistance holds and expect an eventual downside breakout.

the most likely scenario

the pair can move up to test the 1st resistance on 78.30
alternative scenario

the pair can move down to test the 1st support on 78.10

couples who each go hand in hand is very difficult to predict because of the usd is growing and improving its economy as well as a new jpy rose from the tsunami that volatilits slightly