Usd/Jpy

[exceedingpips]

We have about 4 minutes before the non farm payroll comes out, traders should close all open trades or at best move stop loss to break even because I foresee a lot of spike. After the news when the dust has settled, then you can resume trading.

[edmar6969]

Trading Signal - 06/08/2015 - 10:00 (GMT +3)
Instrument: USDJPY
Time : 60min CHART
Trend & Condition : 60min CHART
A Medium probability, entry signal to go LONG was given at 124.60 after the market found support at 124.00. Only the
downward break of 124.00 would cancel the bullish scenario.
Support & Resistances :
124.72 125.01
124.54 125.30
124.25 125.48

[Gamabunta]

It enables the dollar versus the yen, breaking through the 124.20 level, and close daily candle above it, to build a good base of support constantly reinforce expectations the upside in the short term, as we believe that the road is now open to move towards 125.84 next major station.

[dareking]

bhai usd/jpy agar dekha jaye to usd strong hone ke wajah se movement ismein kafi jayda uper ki aur ho rahi hai, humare liye is pair par kafi acha mauka hai bhai buy long term mein acha kamane ka bhai.

[Gamabunta]

This penetration is required to confirm open the way towards 125.84 next major target, which represents a break along the key upside wave towards 127.00.

Expected trading range for today is among the 123.20 support and 125.00 resistance scale

General tendency is expected for today: UP

[voipkolkata]

I think today we have seen that the Japanese stock market including the Asian stock market closed at the negative side and I am hoping that USDJPY will fall because I have observed the Japan Stock stock fall means USDJPY fall, but the technical is on the neutral sides. so I am waiting for deep buy.

[Gamabunta]

The pair appears against the yen further volatility near the pivotal resistance level of 124.20, where they continue to SMA 50 forming the floor of strong support keep our positive outlook list so far, with reference to the stochastic starts junction process positively on the time frame of four hours, to provide a positive incentive wait to pay the price to break through the resistance mentioned.

[wasim345]

http://postimg.org/image/qmn22c8jh/

resistance levels: 124.35/124.79/125.21
support levels: 123.50/123.08/122.64

technical analysis summary:

momentum H1: strong buy
indicators: strong buy
moving averages: strong buy

intraday trend H4: strong buy
indicators: buy
moving averages: strong buy

short term trend daily: strong buy
indicators: strong buy
moving average strong buy

[Ex.ness Support]

USDJPY: consolidation below the level of 124.11

USDJPY
Aug. 3, 2015, 09:02
Buy on a level breakthrough of 124.11 with 124.58 target. Stop loss = 123.64.

Reason for the trading strategy

In July, the business activity index in Japan's manufacturing sector rose from 50.1 p to. 51.2 p. but was worse than the forecast of 51.4 p. The statistics is moderately negative for the yen. At the level breakthrough of 124.11, opening long positions in the USD/JPY pair is worth considering.

USDJPY, H1

[Gamabunta]

From here, we will continue tipping upward trend in the coming period, provided that the price maintains stability above 123.20.

Expected trading range for today is among the 123.00 support and 125.00 resistance scale

General tendency is expected for today: UP