Usd/Jpy

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: Market still be penetrated 121.60, if successful then the market will retest on 122.08 resistance. However, it appears that the daily pivot point at 121.31 untouched.
Recommendation: Buy

[pritishahfx]

USD JPY is facing solid resistance – Analysis - 11/03/2015

The USDJPY bounced lower clearly after testing the previously recorded top at 121.83, where the price needs to breach it to confirm the continuation of the main bullish trend, where we wait for targeting 124.00 levels on the short- term basis.

In general, the bullish trend will remain valid for today, supported by the EMA50 and the positive signal that comes from stochastic, pointing that holding above 119.65 level is important to keep the chances of achieving the suggested targets.

Expected trading range for today is between 120.50 support and 122.60 resistance.

Expected trend for today: Bullish

---------- Post added at 08:22 PM ---------- Previous post was at 08:01 PM ----------

Even if the USDJPY did test eight years highs on Tuesday, ascending trend channel top, near 122 psychological mark, restricted pair's up-move; however, this doesn't signal a major pullback into the pair prices as it continue its upward trajectory on Tuesday and is likely to re-test the resistance line before accelerating it advance towards testing 61.8% FE of its October – December 2014 up-move, near 123.30. Moreover, sustained trading above 123.30 could provide addition fuel to the pair to test 2002 highs, near 125.80 with 124.15, 2007 high being intermediate resistance. Alternatively, resistance-turned-support line, near 120 mark, could provide immediate support to the pair, breaking which the 50-day SMA and the channel support, near 118.75, could restrict near-term decline of the pair. Further, a break of 118.75 could extend the pair's decline towards 117-116.90 horizontal support-zone.

[mianshabbir01]

USDJPY

Get PENDING
Sort BUY RESTRICT
Buy in 120. 85
Take Income at 121. 57
End Loss in 120. 50.

[naziakhan]

abi jpy croos sabhi pair ma kafi zaida movement ho rahi hay aur movement ko samjhna bilkul bi asaan nh hay , es liyay mera mashwara hay k abi in pairs ma hamay wait hi karna cahiyay aur jald bazi nh karni cahiyay .

[pritishahfx]

USD/JPY Daily Outlook

Daily Pivots: (S1) 120.69; (P) 121.35; (R1) 121.80

With 120.60 minor support intact, further rally is still expected in USD/JPY. Sustained trading above 121.84 will confirm up trend resumption and target 124.13 key resistance. However, break of 120.60 will argue that the up trend is not ready to resume yet and would turn bias back to the downside for retreat.

In the bigger picture, whole medium term up trend from 75.56 is still in progress and should target a test on 124.13 resistance next. Break there would pave the way to 135.20/147.68 key resistance zone. On the downside, break of 110.08 resistance turned support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.

[ng1985]

pair- usd/jpy
time frame to analysis- m30



the down movement of the price is hold at the support 120.85 level and moving up side with having parabolic long signal. if this is move above the 121.60 level then hold the long entry with profit target at 121.90 and stop loss at the 121.00
good luck

[pritishahfx]

USD JPY begins to test the top – Analysis - 10/03/2015

The USDJPY succeeded to hit our main target at 121.80, which represents the recorded top in the last year, and the price begins attempts to breach this level as a signal that the bullish bias will remain the dominant on the short and medium term basis.

The USDJPY price continues to move within the bullish channel that appears in the chart, and it gets a continuous support from the EMA50, therefore, these factors supports the extension of the bullish wave to reach 124.00 areas, where its continuation requires holding above 119.60 level.

Expected trading range for today is between 121.00 support and 123.00 resistance.

Expected trend for today: Bullish

[mianshabbir01]

USDJPY

Order PENDING
Type PURCHASE LIMIT
Buy at 120. 80
Take Profit at 121. 50
Quit Loss at 120. 50.

[pritishahfx]

USD/JPY Daily Outlook

Daily Pivots: (S1) 120.69; (P) 121.05; (R1) 121.50

USD/JPY rises to as high as 121.75 so far today and intraday bias remains on the upside for 121.84 resistance. Current development argues that larger up trend is resuming. Break of 121.84 will confirm this bullish case and target 124.13 key resistance next. On the downside, below 120.60 minor support will delay the bullish case and turn bias neutral first.

In the bigger picture, whole medium term up trend from 75.56 is still in progress and should target a test on 124.13 resistance next. Break there would pave the way to 135.20/147.68 key resistance zone. On the downside, break of 110.08 resistance turned support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.

[ng1985]

pair- usd/jpy
time frame to analysis- m15



the price is making double top chart pattern with having resistance at 122.00 and nick line of the support at 121.60 level. the rsi indicator is at the level 20 so down movement may hold at the support 121.10 level. hold the short entry with stop loss at 122.50
good luck