Usd/Jpy

[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.

[chintan]

as we can see , the pair is trading between levels of 77.00 and 76.50 but it's so near from 76.50 , we have to notice if the pair succeeded in breaking 77.00 , it will head to 77.40 , and if the pair succeeded in breaking 76.50 , the pair will head to 76.25 then 76.00

[hetal]

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 76.50 sell only and do not buy. If price closes back above it again do nothing

The range 77.00 and 76.50 is neutral area, any trade done in between is personal decision and not part of this analysis

[chintan]

we can notice from the chart that the pair has closed it's daily candle under 77.00 , that's mean the down trend is expected and the pair might head to 76.60 then 76.35 , however the pair made a hourly correction

[hetal]

The USD/JPY soared to 77.08 after the release of jobless claims data in the US but retreated and lost all gains afterwards despite new economic releases and amid a decline in stocks in Europe and in Wall Street.

[chintan]

because of the moving under the level of 77.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 76.70 and then 76.50 how ever the pair made any hourly correction

[chintan]

the screenshot is showing the trading has ended with the pair under the level 77.00 and that's will make the movement continue in down trend to reach 76.50, and then the selling is suggested with a suitable stop loss level and targets equal 30 pips .

[chintan]

as you see above, the pair is moving in sideway for a long time
between two levels ,so any 15 M candle closed above 76.87
we will see strong up movements otherwise strong falling down
will be expected .

Good Luck