Usd/Jpy

[0307148]

Ye pair downtrend ke movement par hain par agar ye 80.71 touch hota hai to 81.21 tak jaa sakta hain. Maine 80.66 me sell kiya tha aur 80.12 me closed kar diya.

[0307148]

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)

[MARandhawa]

Current trend
This week, the pair is corrected downwards due to weak economic statistics from Japan.
Tankan Large Manufacturing Index in Q2 2018 dropped from 24 to 21 points and Manufacturing PMI in June dropped from 53.1 to 53.0 points.
Also, JPY is under pressure of the decision of the People's Bank of China not to use the yuan as a weapon in the trade war with the US. This was announced by the head of the Chinese regulator Yi Gang. In general, the potential to strengthen JPY as a safe haven asset remains, especially if the US-China trade conflict continues to worsen.
In addition, on Wednesday, the Japanese Bank of Japan board member Yutaka Harada addressed the leaders of Japanese business. The official noted that the current level of unemployment in the country (2.2%) is too high and to achieve inflation level of 2.0% it is necessary to further reduce it. Therefore, the Bank of Japan intends to continue soft monetary policy.
Support and resistance
The price has fallen to the midline of Bollinger Bands to 110.15. The breakdown of this level will give the prospect of further decline to 109.37 (Murrey [4/8], the bottom line of Bollinger Bands) and 108.59 (Murrey [5/8]). This possibility is indicated by Stochastic which has left the overbought area. The key to the "bulls" is 110.93 (Murrey [6/8]), which was tested unsuccessfully in May. Consolidation of the price above it will cause an increase to 111.72 (Murrey [7/8]) and 112.50 (Murrey [8/8]).
Support levels: 110.15, 109.37, 108.59.
Resistance levels: 110.93, 111.72, 112.50.

Trading tips
Buy positions can be opened above 110.93 with targets at 111.72, 112.50 and stop-loss at 110.50.
Sell positions may be opened below 110.15 with targets at 109.37, 108.59 and stop-loss at 110.40.
Implementation period: 3-5 days.

[sadiq.86]

USD/JPY: US Dollar falls even as Harada warns of more QE may be needed. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

[MARandhawa]

Quotes of USD/JPY fell to the area of the level of 110.35. Yesterday's positive statistics from the US and today's weak data on the Markit Services PMI are ignored by the market. The decrease of the USD/JPY rate is of a technical nature against the backdrop of fixing profit on long positions. Markit Services PMI in Japan grew to 51.4 points in June against the forecast of 51.6 points (the previous value is 51.0 points).

[Fiya]

usdjpy in buy trend today and i give you usdjpy price movement prices and today support aor resistance level details , see the prices of usdjpy give below ------------------------

Resistance levels: R1: $111.30 R2: $111.50 R3: $111.70.

Support levels: S1: $110.10 S2: $109.90 S3: $109.70.

[batool]

usdjpy ka trend strong sell ka hay aor usdjpy ki abhi tk ki price movement 110.28 sy 110.61 tk ki howi hay aor Trader usdjpy ko 111.00 ya 111.40 tk ki price sy sell kar sakta hay aor Trader usdjpy ko take profit 109.70 , 109.20 aor 109.00 tk ka laga sakta hay aor Trader usdjpy ko stop loss 111.40 tk ka laga kr trading safe kar sakta hay

[zulfiqar5564]

Usd/Jpy pair in strong buying and Usd/Jpy pair no chance to move back price level 109.50 to 109.00 and recommend for buy the Usd/Jpy prices below 109.80, 110.10 and 110.40 with adjustment of take profit on prices above 110.90, 111.20 and 111.50 and must set the stop loss on price below 109.70 or 109.40 and must analyze the pair first and follow the right direction of Usd/Jpy and make good profit with Usd/Jpy pair trades.

[lal765]

usd/jpy maximum price 111.44 and minimum 110.22
Support Level 1 : 110.77 Weekly R3 : 110.44 Monthly
Support Level 2 : 110.99 Short term R2 : 110.28 Short term
Support Level 3 : 111.23 Monthly R1 : 110.04 Weekly
**************************** Trend : buy *********************************

[MARandhawa]

Current trend
USD is growing against JPY, renewing local highs since May 22, 2018, supported by political problems in EU and ambiguous Japanese macroeconomic statistics. Monday data on Tankan PMI turned out to be controversial. In Q2 2018, Non-Manufacturing PMI grew from 23 to 24 points, while the Large Manufacturing Index fell from 24 to 21 points.
Today the pair is trading in different directions. After renewing the local highs, USD was corrected downward, and at the moment the instrument is near the opening levels. On Tuesday, traders will focus on ISM NY index – Business Conditions and May Factory Orders.
Support and resistance
On the daily chart, Bollinger bands are moderately growing. The price range is widening, but not as fast as the "bullish" mood develops. MACD is growing, keeping a weak buy signal (the histogram is above the signal line). Stochastic reached its highs and is reversing horizontally, reflecting that USD can become overbought in the short term. It is better to wait until the situation is clear.
Resistance levels: 111.11, 111.38, 111.85.
Support levels: 110.47, 110.25, 110.00, 109.76.

Trading tips
Long positions can be opened after the breakout of the level of 111.11 with the targets at 111.50 or 111.85–112.00 and stop loss 110.80–110.70.
Short positions can be opened after the breakdown of the level of 110.47 with the targets at 110.00 or 109.50–109.45 and stop loss not far than 111.00.
Implementation period: 2–3 days.