Usd/Jpy

[John202]

Yen was down on profit-taking. I always prefer to buy USD / JPY on dips (119-119.30) with stop loss below 118.70 with 120 .50 in sight. USD / JPY, according to DB data is also in trend (down) and breaking on a relative basis.

[Gamabunta]

Basic levels of USD/JPY:

121.00: Medium sales offers, stop orders.

120.63: Correction Phipponach level of 50% of the movement descending from 122.03 to 119.22.

120.50: Sentry sale offers.

120.36: moving average to close to 21 days.

120.17 / 21: the highest level of the husband on March 23, Fibonacci retracement level of 50% of the movement descending from 121.20 to 119.22.

119.83 / 97: the highest level for the pair throughout the day, correct Fibonacci level representing 38.2% of the movement descending from 121.20 to 119.22.

119.51: the lowest level for the pair throughout the day.

119.22 / 11: the lowest level of the husband on March 24, a moving average to close 55 days.

119.00: Sentry purchase orders, stop orders.

118.81: moving average to close 100 days.

118.50: Buy requests medium.

[krish2168]

The major pair of currency in forex markets is USD/JPY is one of the best pair to make huge profit with high level of long movements of pips in the trading platform. so we can get around 500 to 600 pips in any day of the weekand working days.

[Gamabunta]

Conducted dollar versus the yen initial test of the level of support for the sideway range, which shows the image, which resides at 119.30, where this level represents a trend following keys in addition to 121.83 resistance, to continue the sideway range control of the intraday trading price.

Thus, we continue tipping lateral movement to be able to penetrate the price levels one mentioned above, and to know the details of the expected goals of impenetrable, please refer to our previous report.

Expected trading range for today is between: Support and Resistance 118.70 120.70

[hors]

the pair and as we can see from the chart is trading under level 119.34 , so , that's mean the down trend is still standing and the pair might head to 118.34 and then 118.00 how ever the pair made any hourly correction

[Gamabunta]

March 25, 2015 update:

The price of the pair moves starting wave (121.20) It is noted that the limits of the line the main direction drawn to this wave along the between-level (119.80) and (119.51 is worth mentioning that the current wave goal access to the area (119.31) and with respect to trades that day will be watching the movement Price among level (119.80) and level (119.54) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (119.22) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (119.98) In the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (119.31) - the second support (118.89) - First resistance (120.07) - a second resistance (120.41).

[ng1985]

pair- usd/jpy
time frame to analysis- m15



the price is making higher to low and the break the support at 119.50 level. the rsi at the level 30 but the price having lower support at 119.30 level. hold the short entry with stop loss at 119.85 and profit target at 119.35
good luck

[Gamabunta]

Basic levels of USD/JPY:

121.00: Medium sales offers, stop orders.

120.66: Fibonacci retracement level of 50% of the movement descending from 122.03 to 119.30.

120.50: Sentry sale offers.

120.31: moving average to close to 21 days.

120.00: medium-sale offers.

119.87: the highest level for the pair throughout the day.

119.30: The lowest level of the husband on March 18.

119.10: moving average to close 55 days.

119.00: Sentry purchase orders, stop orders.

118.76 / 71: a moving average to close 100 days.

118.50: Buy requests medium.

118.30: the lowest level for the pair on 20 February

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: Market managed to penetrate and get to the top of the first support at 119.60, selanutnya market is predicted to arrive at 120.03, to end today.
Recommendation: Buy

[Gamabunta]

The pair appears against the yen traded narrowly shy of supporting the shaded side-band image above level, and whose limbs 119.30 support and resistance 121.83, and as we pointed out in our last report, the price needs to break through one of these levels to determine the next destination, more precisely, which keeps the control range Lateral based on intraday trading.

We recall that break the above mentioned support will push the price to move toward levels start at 117.90 and extends to 115.50 in case of breaking the previous level, while the penetration resistance is a positive factor supporting the continuation of the bullish trend that next year its target resides at 124.00.

Expected trading range for today is between: Support and Resistance 118.70 120.70