Usd/Jpy

Today this currency high : 119.48 & low: 119.14. I think usd / jpy go way down trend. I this currency better forex for profit from forex market. I do forex trading this currency. It is give profit me.

usdjpy daily signal
usdjpy price @ 119.627 and daily open price @119.150 dpendent on my strategy usdjpy its far away from daily open price so i suggest to wait.. or u can still open buy but with switching strategy when fail and remeber money management...
*im use this technical only for open reaction in dop [daily open price], i dont guaranted its 100% win, i guaranted if u use good money management

daily overview for Usd-Jpy
r3: 120.44
r2: 119.94
r1: 119.54
s1: 118.64
s2: 118.14
s3: 117.74
the pair broke fibo 23down
so our trade for the pair is sell

21, April 2015
USD/JPY (a 4-hour chart)
The US dollar decline against the Japanese yen is amid the low volatility. The pair USD/JPY increased and broke through the resistance level of 119.20 at the end of the yesterday’s trades.

The price is finding the first support at 119.20, the next one is at 118.30. The price is finding the first resistance at 120.40, the next one is at 121.60.

There is a confirmed and a strong sell signal. The price is under the Cloud and it is under the Chinkou Span. The Tenkan-sen shows a horizontal movement and the Kijun-sen shows a downward movement. The downward movement will be until the price is under the Cloud.
Trading recommendations

The price is likely to go to the resistance level of 120.40.

http://dl.dropbox.com/u/51561036/scr...421-205314.png

Yen pair climbed today after the return of the dollar to breathe with the support of the euro, which was ousted after the German ZEW index.
The euro's slide against the dollar last pay rise against some currencies including the Japanese yen, and this pair is waiting
Dawn Wednesday at 1:50 trade balance, which is expected to shrink its deficit compared with the previous.
Technically: - on the daily frame targeted pair today the initial resistance around 119.75 price approx.
Where to touch her husband today and bounced them to the bottom of the first touch, so we believe it to see more
Ascension must penetrate 119.75 and closing candle above the wearer's Day will be the next target is the line
The downtrend is Alaratcasen, if you stayed pair lowest 119.75 and above will be the failure of closure
That incentive to return to the landing towards former support at almost 118.70.

pair- usd/jpy
time frame-m15

http://i59.tinypic.com/2zgt45t.jpg

the price is making double top chart pattern with having resistance at 119.80 level and nick line of the support at 119.35. the rsi indicator is moving out from the overbought level 70 so its down movement can expected. short with take profit at 119.40 and stop loss at 119.93
good luck

SELL at 119.50
TP at 119.25
SL at 119.90

USDJPY traded positively yesterday to retest the intraday previously breached support which turns into resistance now at 119.45, as long as the price is below this level, we will continue tipping downward trend on intraday basis, pending the 117.90 level test mainly.

50 SMA put negative pressure on the price, while losing stochastic intention bullish on timeframes instantaneous, and therefore, these factors reinforce expectations to decline in the coming period, with reference to the break of 119.45 will lead the price of attempts to restore the main upside which targets start testing pre-recorded at 121.83 summit.

Expected trading range for today is among the 117.90 support and 120.00 resistance range

Main ye thread USD/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

Spoiler:

http://vvcap.net/db/VqAF5zX3tcJvYlwTjmVN.png

Daily Forecast

Major Trend: Bullish
Time Frame: H1
Reason: Market still going towards the Fibonacci 261.8, at the price of 119.95, then if it can break it will lead to 120.75
Recommendation: Buy