Usd/Jpy

[yulbang111]

bullish trend seems to be taking place on the USDJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.

This pair can continue bullish trend, now current price at 111.44 and strong support at level 111.24 in hourly time frame. there is possible chance price will move to up side. then next high price is 111.94

1 Supporting : 111.12
2 Supporting : 110.82
3 Supporting : 110.63
1 Resistance : 111.54
2 Resistance : 111.81
3 Resistance : 111.98

I suggest to entry BUY with stoploss at 111.09 and take profit at 111.94

use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit
I hope you can earn consistent profit from my signal, good luck and doing trade like a boss

[Qasim14]

We expect that the negative pressure continues to dominate on the pair in the coming sessions, depending on the breach of 61.8% Fibonacci resistance, which is now at 121.53, indicating that the breach of this level followed by the 122.00 level will spur price to stop the current negative pressure and then restore the main track rookie .

[forexA]

my dear sir today of my tachnical analysis isusd jpy sell to bearish trends

1# Resistance is: 111.54

2# Resistance is: 111.75

3# Resistance is: 112.08

1# Supporting is: 110.88

2# Supporting is: 110.67

3# Supporting is: 110.34

[Qasim14]

Achieved the dollar versus the yen strong break to the level of 122.00 and fell sharply, touching 76.4% Fibonacci correction of the rise, this level is at 120.50, and breaking it would extend losses pair to reach the bottom level registered in advance at 118.87.

[khizar1]

Today analysis for the pair of : usd/jpy
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck

Resistance level

1 Resistance : 111.55
2 Resistance : 111.80
3 Resistance : 111.99

Supporting level

1 Supporting : 111.10
2 Supporting : 110.80
3 Supporting : 110.60

[lal765]

Currency pair is : usdjpy

Trend is : sell

Resistance and supporting level


Resistance level

1 Resistance is: 111.50
2 Resistance is: 111.70
3 Resistance is: 111.90

Supporting level

1 Supporting is: 110.99
2 Supporting is: 110.70
3 Supporting is: 110.40

[goldmaster]

USDJPY Analysis


Support 110.75

Support 110.38

Support 109.87


Resistance 111.68

Resistance 112.05

Resistance 112.42

[AliAbbasNaqvi]

usdjpy minor trend has spiked above dmas upon the formation of the hammer at 107.656 levels, shooting star counters at 111.882 levels. while bulls are attempting to test support at 21-dmas.
upon any breach below these levels, more slumps seem to be likely as both leading oscillators ( rsi & stochs) indicate overbought pressures.
on the flip side, the major trend has been in the consolidation phase, while trend indicators indecisive, we see bullish invalidation on retrace below 50%. although hammer pattern has occurred at 106.260 levels, ever since then the minor price trend has been spiking through range-bounded trend, hanging man has occurred at 112.942 levels to counter.
well, we see stiff resistance at 112.369 and strong supports at 110.294 levels (on daily charts ). the major trend, bulls seem to be exhausted at 61.8% fibonacci levels from the lows of june 2016, (refer monthly plotting), the trend on this timeframe, is stuck in tight range.
trade tips: contemplating above technical rationale, it is wise to bid tunnel spreads with upper strikes at 111.438 and at 110.733 levels. the strategy is likely to fetch leveraged yields as long as the underlying spot fx keeps dipping but remains well above lower strikes on the expiration.

alternatively, on hedging grounds, long-term investors are advised to stay short in futures contracts of mid-month tenors. the writers of the futures contract are expected to maintain margins in order to open and maintain a short futures position.

currency strength index: fxwirepro's hourly usd spot index was at -4 (which is neutral), while hourly jpy spot index was at 66 ( bullish ) at 08:58 gmt .

[5150]

USD/JPY
USD/JPY is the forex ticker used to represent the US Dollar and Japanese Yen exchange rate on currency markets. It is used to ascertain the value of the US Dollar against the Yen, telling traders how many Yen are needed to buy a US Dollar. The Dollar-Yen combination is one of the most commonly traded forex pairs – second only to EUR/USD – because it values two of the largest and most influential economies in the world. Traders can use the live USD/JPY chart as an indicator of not only Japan’s economy, but as a benchmark for Asian economic health and even the global...

[Billions]

Todays analysis for the pair Usd jpy.

The trend is showing a bullish movement for this pair.

Buy signal for the hourly time frame.

Support levels:-

S1 110.91
S2 111.04
S3 111.12

Resistance levels:-

R1 111.25
R2 111.30
R3 111.43