Usd/Jpy

[bhanu]

i see in this chart that the candle is going to uptrend in one hour frame so if you buy now make for you two targets you will be able to get them your first target at ( 76.198 ) and the second at ( 76.298

[narendra]

If a M15 close above 77.00 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing

The range 77.00 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

[bhanu]

It seems that the pair has stated it's trading week under the level of 76.5 and that's mean that the down trend is still standing and the pair might head to 76.00 and then 75.60 but also the pair will make some correction before continue down

[hetal]

Only a sustained breach of said resistance at 77.03 would suggest low is possibly formed earlier and bring test of previous resistance at 77.34.

[aryan]

All eyes continue to focus on Europe and what kind of a solution we may see from the troubled region. There is no data in Japan and the US that we feel will drive price action

[hetal]

USDJPY plummeted to a record low of 75.88 early in the New York session. Traders were long dollars and had built up too many positions from last week when risk sentiment was low due to eurozone debt concerns so they were adjusting positions before the weekend and sold off the excess dollars.

[chintan]

up movements expected because:
rebounding from the historical support
reversal candle stick has been appeared

[hetal]

the screenshot is showing the trading has ended with the pair under the level 76.50 and that's will make the movement continue in down trend to reach 76.10 , and then the selling is suggested with a suitable stop loss level and targets equal 30 pips .

[chintan]

we can notice from the chart that the pair has closed it's daily candle under 76.50 , that's mean the down trend is expected and the pair might head to 76.00 then 75.75 , however the pair made a hourly correction

[hetal]

The USD / JPY has validated a top out of his range 76.50/76.80 giving us a buy signal.
However, resistance was 77 and the parity is currently a correction.
The indicators are neutral.