Usd/Jpy

[yasrmohamd]

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)

---------- Post added at 10:21 AM ---------- Previous post was at 10:21 AM ----------

USD/JPY. The bias is bullish in nearest term especially if price able to make a clear break above 124.50 area to trigger further bullish momentum aiming 125.00 area. On the downside, immediate support is seen around 123.70 area, another consistent break below that area would bring the price to neutral zone as direction would become unclear in nearest term perhaps retesting 123.00 area before recovery to the upside.

---------- Post added at 10:22 AM ---------- Previous post was at 10:21 AM ----------

USD/JPY. The bias is bullish in nearest term especially if price able to make a clear break above 124.50 area to trigger further bullish momentum aiming 125.00 area. On the downside, immediate support is seen around 123.70 area, another consistent break below that area would bring the price to neutral zone as direction would become unclear in nearest term perhaps retesting 123.00 area before recovery to the upside.

---------- Post added at 10:23 AM ---------- Previous post was at 10:22 AM ----------

USD/JPY's downside is being reversed with a rally from the 123.80's in the US closing session today to leave the major in a positive space in the new upside of the 123.40 / 124/40 range formed this week.

[Ex.ness Support]

USDJPY: consolidation below the 124.45 resistance level

USDJPY
June 1, 2015, 09:17
Buy on a level breakthrough of 124.45 with 124.95 target. Stop loss = 123.95.

Reason for the trading strategy

Expenditure for the Japanese companies' capital investments in Q1 2015 increased by 7.3% (q/q) with a forecast of -0.1% (q/q). Growth of this indicator, included in the structure of the country's GDP, will provide some support for the yen. Meanwhile, the strong US macroeconomic statistics for Q2 2015 is pushing the USD/JPY pair to the 125 level.


USDJPY, H1

[selametdwi1]

USD/JPY. The bias is bullish in nearest term especially if price able to make a clear break above 124.50 area to trigger further bullish momentum aiming 125.00 area. On the downside, immediate support is seen around 123.70 area, another consistent break below that area would bring the price to neutral zone as direction would become unclear in nearest term perhaps retesting 123.00 area before recovery to the upside.

[Gamabunta]

The US dollar is facing rising pressure for the fifth consecutive day against the Japanese yen, and tested levels not seen since 2002. The closure Aleomevouk Fibonacci 100% extension at 124.49 paving the way for the level of 123.6% at 125.95 .bdla of it, move below the level of 76.4% at 123.04 paving the way for expansion of 61.8% at 122.13.

[ng1985]

pair- usd/jpy
time frame analysis- m15



the down movement of the price is not able to break the support at 123.65 level and making up movement. the stoch indicator is also at the overbought level 80. so price may again down side. short with profit target at 123.00 and stop loss at 124.40
good luck.

[Gamabunta]

In general, the main trend remains bullish in the short and medium term, supported by moving average 50, and the next major recall our goal, which resides at 125.75, and the requirement for stability above 122.00 for the continuation of the bullish tendency in the coming period.

[RaKalan]

USDJPY pair price had a bullish trend yesterday and touched a high of 124.43 but since then it has come down to trade just at its 20day moving average of 123.90 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 124.50

[Gamabunta]

Down: the price remains below the bottom of the rib channel levels, and resistance at 123.95 down prices and trading under them, It is the opportunity to sell the goals of up to 123.65 - 123.35.

[Gamabunta]

The pair shows the sideways trading against the yen around the 124.00 level, and negatively affected by price Stochastic which clearly appear on the daily time frame, making the need for a positive determination shown enough to pay the total price for the resumption of the bullish trend, which is organized within the ascending channel.

[selametdwi1]

USD/JPY. The bias is bullish in nearest term especially if price able to make a clear break above 124.70 area to trigger further bullish momentum aiming 125.50 area. On the downside, immediate support is seen around 123.70 area, another consistent break below that area would bring the price to neutral zone as direction would become unclear in nearest term perhaps retesting 123.00 area before recovery to the upside.