Currency Pair is: Usd/jpy
Trend: Bullish
Support and Resistance:
Support 1; 109.62
Support 2; 109.47
Support 3; 109.38
Resistance 1; 109.68
Resistance 2; 109.74
Resistance 3; 109.89
Thread: Usd/Jpy
Currency Pair is: Usd/jpy
Trend: Bullish
Support and Resistance:
Support 1; 109.62
Support 2; 109.47
Support 3; 109.38
Resistance 1; 109.68
Resistance 2; 109.74
Resistance 3; 109.89
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JamesX9 (2019-05-15), WardatulJannah (2019-05-15)
the pair is hovering below important resistance at 82.00 ,also approaching to top of the descending channel,and 120 period moving average also,oscillator shows overbought and evreything is prepared fot going short at the market with good risk/reward rathio . my tp is placed at 80.0
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hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 109.40 and the pair will continue to go down to the next level level at 109.18 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 109.49 stop loss at the level 109.04 and target take profit at the
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Hi traders Good Morning, I think USDJPY provided positive trades yesterday to breach 109.44 level and settles above it, which might push the price to test the most important resistance 110.08 before turning back to decline again, noticing that the EMA50 meets the mentioned resistance to add more strength to it, while stochastic shows clear negative signals now.
Therefore, believe that the chances are valid to resume the correctional bearish trend in the upcoming sessions, which targets 108.80 level as a next main station, which its continuation conditions holding below 110.08.
The expected trading range for today is between 108.80 support and 110.20 resistance The expected trend for today is Bearish. best of luck traders.
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USD / JPY fell to 109.02, but recovered quickly. However, with the resistance 110.04 intact, a further decrease is expected. As noted earlier, the entire bounce from 104.69 has already ended at 112.40. The current fall from 112.40 should last to a minimum of retesting 104.69. However, a minor breakthrough of 110.04 resistance will indicate a short-term bottom. Longer consolidation can be seen before the next decline.
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BilalMughal (2019-05-15), danish555 (2019-05-30), forexA (2019-05-15), soniyafx (2019-05-15), Zeeshani (2019-05-15)
I think all time low record is around 76, not around 78.88. Anyways i was think it gonna go up when it was around 80 and now it touch 80.35, i think we can see around 80.70 in coming days.
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usd/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 15.08.13
timeframe : 1 hour
time : 0300
market trend : up
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the pair is hovering below important resistance at 82.00 ,also approaching to top of the descending channel,and 120 period moving average also,oscillator shows overbought and evreything is prepared fot going short at the market with good risk/reward rathio . my tp is placed at 80.00
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Today,Initial support is located at 80.00 (Big figure support) followed by 79.57 (May 5 low). Initial resistance is now at 81.33 (Jun 2 high) followed by 81.77 (May 19 high)
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USD /jpy is the most popular cruncey
Pair in the world.
Todays my major analysis.
Market trend is buy position this time.
Resistance and Supporting level today,s.
Resistance level today,s is
First Resistance is: 109.85
Second Resistance is: 109.94
Third Resistance is: 110.17
Supporting levels today,s is
First Support is: 109.38
Second Support is: 109.25
Third Support is: 108.98
Good luck.
You trade at your own risk.
Best of luck to all members of forax community.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
146 (2019-05-15)
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