Usd/Jpy

[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

[ng1985]

pair- usd/jpy
time frame- m15

technical analysis-



the price is having strong up trend from the support at 123.40 level but now the daily resistance level two 124.46 is rejecting down side. if the price is moved below the support at 124.20 then it may be falling. hold the long entry with stop loss at 124.25

good luck.

[Gamabunta]

It enables the dollar versus the yen from skipping SMA 50 and stabilizing above it, approaching the critical resistance level of 124.20, waiting for a breakthrough this level to confirm the continuation of the bullish trend towards pre-recorded at 125.84 Summit.

[wasim345]

http://postimg.org/image/mzo22fbw3/

technical analysis summary:

resistance levels: 124.18/124.44/124.86
support levels: 123.49/123.06/122.80

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

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

short term trend Daily: strong buy
indicators: strong buy
moving averages: strong buy

[Gamabunta]

Frame on our four hours bearish channel is composed of three Artkazat in both kidneys ribs or lower the upper. Price is currently trading at the upper side of the Guenahh quite bearish and of the falling trend line, so the success of the status of the pair The breach of the downtrend and the highest closing candle above four hours then we will see further rise of the pair towards resistance Next to 124.45 but must pass before the second resistance located in the center of almost 124.15 on the road. About landing if the Federal BIANET negative came to dollars may come back down toward the horizontal support and Protein content about prices Almost 123.00.

[ng1985]

pair- usd/jpy
time frame- m30

technical analysis-



the up movement of the price has been break the resistance at 123.80 level but the stoch indicator is showing overbought so price may again down side. if this down movement is moved below the 123.70 then short with profit target at 123.34 and stop loss at the 124.00

good luck.

[Gamabunta]

Even now, we are continuing tipping the overall trend bullish as long as the price above the level of 123.20, the price needs to break through the 124.20 level to open the way towards 125.84 next major target.

Expected trading range for today is among the 122.50 support and 124.50 resistance scale

General tendency is expected for today: UP

[Qurat]

mujhe bht dukh ho raha hai k mein app ki help nhi kar paoo gi cuz mujhe is k barey mein kuch nhi pata... app ne mujhe sekhney k liye ek naya topic bat diya hai is k liye mein app ki bht shukar guzar hun.... aur mein ix ko zaroor sekh lun gi ta k agey mein sab ki help kar sakhun..

[Gamabunta]

The pair found strong resistance against the yen shape SMA 50 yesterday, pushing the price to provide negative trading closer test of the pivotal support of 123.20, with a note that the Stochastic is a negative pressure pays an additional price for the current decline.