Usd/Jpy

[ducd3vaizo]

Daily Forecast

Major Trend: Bearish
Time Frame: H1
Reason: Correction on the Fibonacci 61.8 has been completed. And trendline still indicates the market will bottom towards the Fibonacci 161.8 at 121.22. Stochastic is still heading downwards
Recommendation: Sell

[Gamabunta]

Conducted JPY The pair attempt to break the 124.20 level but returned to settle above it again, and begins trading today Askew bullish supports the chances of resuming the main upside trend, which is supported by SMA 50 along with the positivity on Stochastic.

[selametdwi1]

USD/JPY. Bearish bias in the nearest term and a downtrend needs a confirmation of a break below support 123.75. Further bearish would target lower support that is seen near 123.00 or even key support 122.50. On the other hand, a break above resistance 124.75 could trigger an uptrend with next resistance located near 125.35 and 125.85 area.

[Gamabunta]

The US dollar fell against the Japanese yen as expected, where the form of pattern cover of dark clouds that formed a bearish candle, which now points to further losses in the coming days. It settles near-term support at 124.20, a 23.6% Fibonacci retracement, with a break below that on the basis of the daily closing reveals the way for the 38.2% level at 123.18. Instead, move above the 14.6% Fibonacci at 124.83 paving the way for a summit June 5 at 125.85.

[Gamabunta]

We will keep the positive expectations for the coming period unless the breach of 124.20, as the break of this level will push the price to visit the 123.20 level initially, with reference to the positive goals stretching up towards 127.00.

[Gamabunta]

The pair fell against the yen significantly yesterday after approaching the barrier 126.00, for being bearish for the last bullish wave correction as seen on the secondary image, which is approaching the price of the test level of 23.6% Fibonacci at 124.20, with reference to the Stochastic is trying to gain positive momentum ****ually , while 50 SMA continues to provide support to the price from below.

[ducd3vaizo]

Daily Forecast

Major Trend: Bearish
Time Frame: H4
Reason: To this day, the market still has not touched the pivot point, the prediction market will be to 124.81 and ended up at 123.96
Recommendation: Sell limit at 124.81

[selametdwi1]

USD/JPY. Bearish bias in the nearest term and a break below support 124.10 could trigger a bearish momentum. Next support is seen around 123.70 and key support located near 123.00. On the other hand, an uptrend would need a confirmation of a break above 125.85 to set the price targeting higher resistance around 126.40 and 127.00.

[asifzahid]

hi guys now i am sharing my experience with all of you against usd/jpy, now you can buy usd/jpy at rate of 124.50 and take profit at 125 and stop lose at 124 after few hrs it return and tomorrow its reach 124 after touch 125, it's mean if you want to wait then wait when usd/jpy reach at 124.90 or above sell it and after that take profit at 124 and stop lose at 125.50

[Gamabunta]

The US dollar resumed its rise against the Japanese yen, which rose to its highest level in 13 years. Daily closing above 38.2% Fibonacci expansion at 126.10 pave the way for the 50% level at 126.83. Instead, move without the 23.6% Fibonacci level at 125.20 paving the way for expansion of 14.6% at 124.64