Usd/Jpy

[Ex.ness Support]

USDJPY: consolidation below the 120.22 resistance level

USDJPY
May 11, 2015, 10:26
Buy on a level breakthrough of 120.22 with 120.84 target. Stop loss = 119.72.

Reason for the trading strategy

As expected, in April, the US unemployment rate fell to 5.4%. However, the number of jobs in February and March 2015 was revised downwards by 39 million. In April, the average hourly wage in the US rose by only 0.1% (m/m), with a forecast of a 0.2% (m/m) growth. The statistics put pressure on the US dollar, which rolled away from the resistance level of 120.22 yen. The breakthrough of this level will serve as a signal to buy the world's reserve currency.



USDJPY, H4

[fxearner]

usd/jpy ne abhi etna down nahi hua jetna dxy usa ka down hai,kyunki jpy currency abhi bahut down ya weak hai esme abhi clear trend nahi samajh aaraha hai lekin aap esme buy karke chal sakte hai..

[John202]

The USD / JPY will be weak if prices will remain below the resistance of 120.10 / 20 (downtrend line). An hourly support lies at 119.20 (the highest and lowest intraday 04/29/2015) and then 118.53. Another strength is provided by the recent peak at 120.50, followed by 120.84 (the highest of 04/13/2015). A long-term bullish bias will be promoted as long as the solid support of 115,57 (lowest of 16.12.2014) will hold good. A ****ual progression towards key resistance of 124.14 (higher 22/06/2007) is favored. The pair may meet a key support at 118.18 (lowest of 02/16/2015), while key resistance is located at 121.85 (see also long-term downtrend channel).

[ahmadpunjab]

forex ke trading main yeh ek acha pair hai trading ke liye agar hum log watch kr ke traing krnte hain tu yeh best pair hai traidng ke liye es se best erning kr skte hain hum log,

[edmar6969]

08, May 2015
USD/JPY (a 4-hour chart)
The price is finding the first support at 119.20, the next one is at 118.30. The price is finding the first resistance at 120.40, the next one is at 121.60.

There is a confirmed and a strong buy signal. The price is above the Cloud and it is above the Chinkou Span. The Tenkan-sen shows a downward movement and the Kijun-sen shows a horizontal movement. The upward movement will be until the price is above the Cloud.
Trading recommendations

After the support level of 119.20 breakthrough down the way to the support 118.30 will be opened.

[RaKalan]

USDJPY break the 117.75 support will push the price to test the 23.6% Fibonacci at 117.90 from a new correction, while penetrating 120.okh resistance will provide a positive incentive for the initial price paid for the resumption of the upside again, and targets start at 121.83.

[ng1985]

pair- usd/jpy
time frame analysis- m15



the price is moving above the daily pivot point at 119.54 level but may not able to break the daily resistance at 120.04 level and will again down side. if this is move below the 119.90 then short with take profit at 119.60 and stop loss at 120.15
good luck

[Gamabunta]

JPY The pair passively quiet trading yesterday to move between the parties to the triangle that limits the recent dealings, and whose support 119.00 and resistance 119.95, and as long as the price is between these two levels, we continue to remain neutral until we have a clear breach of this triangle.

We recall that break the above-mentioned support will pay the price to test the level of 117.90 initially, while the penetration resistance will lead the pair to visit the pre-recorded summit at 121.83, which represents a penetration rookie restore the main direction of the new key.

Expected trading range for today is among the 118.50 support and 120.50 resistance range

[John202]

USD / JPY is likely to remain in a ranks a little longtemps.The opportunities shorting the JPY might be more attractive in the face of currencies that actually have higher rates such as AUD.

[edmar6969]

Trading Signal - 07/05/2015 - 10:00 (GMT +3)
Instrument: USDJPY
Time : 60min CHART
Trend & Condition : Downwards Strong
Waiting for a retracement higher towards the 119.70 resistance level, or alternatively the break of the 119.10 support level, in order to reinstate SHORT positions.
Support & Resistances :
119.10 119.70
118.90 120.00
118.40 120.50