Usd.jpy
Markeets movement show us bearish trend to downward
& have a buy option as 109.25 by opening at 109.35
Chg.-0.9% . as it has now 54 % buy value to trade best.
Thread: Usd/Jpy
Usd.jpy
Markeets movement show us bearish trend to downward
& have a buy option as 109.25 by opening at 109.35
Chg.-0.9% . as it has now 54 % buy value to trade best.
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.
alwah (2019-01-29), Hamzagoroo (2019-01-29), Qasim14 (2019-01-29), SA153P (2019-01-29), SDK (2019-01-29), tradersahab (2019-01-29)
Pair is : Usd/Jpy
Today trend is : sell
today resistance and supporting level is:
Resistance is :
1,Resistance level is :109.42
2,Resistance level is : 109.53
3,Resistance level is :109.62
Support is :
1,Supporting level is :109.11
2,Supporting level is :109.01
3,Supporting level is :108.90
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alwah (2019-01-29), Farmansali (2019-01-29), SDK (2019-01-29)
Daily analysis of the pair
today trend is: sell
Resistance level:
1- Resistance : 109.42
2- Resistance : 109.52
3- Resistance : 109.63
Supporting level :
1- Supporting : 109.29
2- Supporting : 109.26
3- Supporting : 109.20
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This pair is moving on a triangle as shown in the H4 chart , after becoming so close for the 2 trends , the priority here is to beyond or break the newer trend and go along the older one , so i think this pair will continue move down , but i don't like to gamble we just have to wait a little to see which trend will be broken , then we have to decide even if we will buy or sell it will be safer to do that but in my expectation it will go up making a trending up channel
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Usd jpy is showing bearish trend and it will go down the day
Signal:- Sell
Support and resistance levels:-
S3 109.1
S2 109.18
S1 109.23
R1 109.31
R2 109.35
R3 109.43
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Technical Analysis for USD/JPY
Market Trend is : BEARISH
Resistance Level are:-
1= Resistance Level is : 109.38
2= Resistance Level is : 109.47
3= Resistance Level is : 109.56
Supporting Level are:-
1= Supporting Level is : 109.15
2= Supporting Level is : 109.08
3= Supporting Level is : 109.01
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technical analysis of this pair usd/jpy is bullish trend today.
1. Resistance level is.
1st. 109.62
2nd. 109.82
3rd. 110.04
2. Supporting level is.
1st. 109.18
2nd. 108.97
3rd. 108.75
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I pay attention to the four hour chart is trading below H1 usd jpy is under the control of bears but it is understandable to continue to seek entry points to sell resistance points are located on the following points 110.10 support levels are found 108.32 the improvement and development of the downward movement with the goal of pair promotion is 108.35 an alternative scenario considers the increase
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USDJPY showed bearish inclined yesterday to test the support triangle that limits the recent trade and whose limbs 119.00 support and 119.85 resistance,, price needs to break through one of these levels to select the next track more accurately, which makes us continue to neutral so far.
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alwah (2019-01-29), jellybelly2017 (2019-01-29), PAK (2019-01-29), SA148P (2019-01-29), SDK (2019-01-29)
USD/JPY's sharp fall today argues that recovery from 78.33 is finished at 78.84. Intraday bias is cautiously on the downside for 78.33 and break will target 77.90 support next. The overall outlook remains unchanged. That is, price actions from 77.66 are either a consolidation pattern that's completed with three waves to 79.65, or is a five wave triangle pattern. In either case, recovery attempt should now be limited well below 79.65 resistance. Break of 77.99 will indicate that fall from 84.17 is finally resuming for 75.56/84.17 support zone.
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.
alwah (2019-01-29), jellybelly2017 (2019-01-29), PAK (2019-01-29), SA148P (2019-01-29), SDK (2019-01-29)
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