Usd/Jpy

[FM2127]

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.
pair- usd/jpy
time frame- m15



technical analysis-

the down movement of the price is making correction from the support at 120.50 level. this up movement may not able to break resistance at 121.60 and wil again down side. short with take profit at 120.80 and stop loss at 121.75

[Sing]

USD / JPY on the hourly chart the pair approached the lower limit of the medium-term bullish channel (point of tangency 100.20), after a meeting with the mark of the pair has already demonstrated the pulse height, but the course decided to try this one more time on the strength of the mark, given the strong decline in the last few days of waiting back at least to the area north of correction 100.00.

[00923027642346]

Yes i was mitaken, that all time low was generate at the time of japan earth quake, When we see history price keep on falling slowly i think we don't see price in future in 85 level.

[ba33]

USD / JPY pair is a struggle between buyers and sellers at 78.56 and closed areas today is what will separate in the future direction for the pair
pair is sandwiched between two strong levels above the lower boundary of Ichimoku cloud, and on the south side of the slope of the level of support you need to follow some of the levels is breached price chart.

[Shahzada]

current price still move between 80.00~80.35, I think UJ will still continue rising if price still can maintain move above 80.08 . And the next resistance level will see at 80.42~80.47 if price later is going up and able to breakout 80.35. Otherwise price will continue back with downtrend if not able to break 80.35.

[FM1881]

I would like to analyze in long term view of the pair. In H4 chart, the price is in downtrend because it is below the Ichimoku Kumo Cloud and EMA 200. So, I think the price will increase slightly to the Kumo Cloud and then it will decrease strongly.
The RSI is mixed bullish. Long position is preferable at 79.15 with price targets of 79.85 and 80.10. If it goes to below 79.1 then we can expect downward movement at price targets 78.9 and 78.75.

[ah15]

the U.S. sovereign credit rating downgrade by Standard and Poor’s triggered a strong selloff across global bourses, where investors abandoned risky assets and shifted their investments to the yen, which increased expectations for another intervention from the BOJ.
The USDJPY is testing its record low and a break would shift focus to a Fibonacci measurement at 7258 (161.8% extension of initial decline from April high). A bounce should see resistance at 7785-7830 (50-61.8 Fibonacci and former pivot levels).

[00923027642346]

It is the time to sell now , the pair has corrected its direction because of facing the strong resistance represented in the downtrend line , i think this pair will continue moving down in the downtrend channel shown in the H4 chart , so i think it will be good deal to sell now . Good Luck

[FA148P]

current trend of an upward trend and then target 81.10 if the price went to the lowest point 80.65,

[Shahzada]

Yes i was mitaken, that all time low was generate at the time of japan earth quake, When we see history price keep on falling slowly i think we don't see price in future in 85 level.