Usd/Jpy

March 20, 2015 update:

The price of the pair moves starting wave (119.31) It is noted that the limits of the line the main direction drawn to this wave along the between-level (120.66) and (121.07 is worth mentioning that the current wave goal access to the area (121.52) and with respect to trades that day will be watching the movement Price among level (121.21) and level (120.44) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (119.68) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (121.03) In the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (119.96) - the second support (119.14) - First resistance (121.32) - a second resistance (121.86).

pair- usd/jpy
time frame to analysis- m15

http://i59.tinypic.com/5cdm5f.jpg

the price is moving up with breaking resistance at 121.00 level but rejecting down side from the resistance at 121.20 level. its break the support support at 120.60 level. short with take profit at the 120.00 and stop loss at 121.27
good luck

Hafez dollar versus the yen on stability above the rising channel support after returning to trade above it yesterday, which keeps the scenario the main uptrend in place and effective, but the price needs to overcome the 50 moving average, which is instantaneous resistance at 120.95 to get a positive incentive reinforcing expectations rise, pending targeting 121.83 levels and then go away towards 124.00.

Negative current stochastic explain the reasons for the recent lateral oscillation, with reference to the stability above 120.35 is an important prerequisite for achieving positive goals mentioned above.

Expected trading range for today is between: Support and Resistance 120.00 122.00

Usdjpy
i think we can buy this pair from 118.60 -118.40
and for now i think we can open sell order with small lot size our target 118.80

analysis Monday 23 Marc 2015, USD JPY BUY LIMIT at level fibo 0.886 price 119.16 take profit 119.31, Stop Loss 118.78 . If you floating please average -50 POINT

Spoiler:

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The Bank of Japan did not resort during his recent statement to further facilitating procedures despite the decline in spending and inflation rates, as stated, Kuroda Governor of the Bank of Japan is expected to be accessible to the rates of target inflation at 2% by the end of 2015, but he pointed to the possibility of changing the date access to rates of inflation target, was the statement pointed out that the monetary policy committee is not willing to take a more facilitative measures in the coming period, a center in his three points, as the Japanese economy continues to recover at a moderate pace, as well as the emergence of the desired results of the monetary easing program, and that, according to the results of the monetary policy committee meeting. This yen has risen against the US dollar during the week, where the falling dollar yen pair to its lowest level for three weeks to reach the level of 119.28, before rising slightly estimated to reach approximately 120.14 level.

Hello to all members of the india Forum thank you very much on the subject I have benefited a lot from him at the moment I am a novice, I can not inform you that I hope that I can remember in the future and do not be stingy with even the word and thank you

resistance 3:121.58
resistance 2:121.38
resistance 1:121.00

pivot point :120.4

support 1:119.80
support 2:119.60
support 3:119.20

thank my dear brother, I hope to continue writing other topics alopecia for beginners like me and thank you very much

the weekly outlook of the usd/jpy stil side ways movment with possibility to go down if the price trade below the 113.40 the price is trading between the resistance level at 123.44 and the support level at 115.85 the rsi is above the50 level and the price but it indicat a possible reversal the weekly pivit is at 121.34 and the weekly resistance are at 122.06 , 122.72