Usd/Jpy

[Gamabunta]

Basic levels for USD/JPY:

120.48: the highest level for the pair on February 11.

120.00: strong sales offers.

119.84 / 94: the highest level for the pair on February 24, Fibonacci retracement level accounted for 76.4% of the movement descending from 120.48 to 118.18.

119.56: Fibonacci retracement level accounted for 76.4% of the movement descending from 119.84 to 118.63.

119.50: medium-sale offers.

118.68 / 63: the lowest level for the pair throughout the day, moving average to close to 21 days.

118.50: Buy requests medium.

118.18 / 16: the lowest level for the pair on February 16, Fibonacci retracement level of 50% of the ascending movement from 115.85 to 120.48.

117.62: Fibonacci 61.8% for the emerging movement from 115.85 to 120.48 correct.

117.50: Buy requests medium.

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bearish
Time Frame: H1
Reason: It appears that the market has been rejected in the first resistance at 118.68, Bollinger bands pursed. Indication of the market will reverse direction, dirpediksi will lead to 119.11.
Recommendation: Buy

[edmar6969]

26, February 2015
USD/JPY (a 4-hour chart)
The price is finding the first support at 118.00, the next one is at 117.00. The price is finding the first resistance at 119.20, the next one is at 120.40.

The price is in the Cloud and it is above the Chinkou Span. The Tenkan-sen and the Kijun-sen show a horizontal movement and form a �Golden Cross�.

Trading recommendations

If the pair breaks 119.20 up it will open the way to the level of 120.40 and then to 121.60.

[Gamabunta]

Basic levels for USD/JPY:

120.00: medium-sale offers.

119.84 / 94: the highest level for the pair on February 24, Fibonacci retracement level accounted for 76.4% of the movement descending from 120.48 to 118.18.

119.56: Fibonacci retracement level accounted for 76.4% of the movement descending from 119.84 to 118.63.

119.50: medium-sale offers.

119.23: Fibonacci retracement level of 50% of the movement descending from 119.84 to 118.63.

118.63 / 56: the lowest level for the pair throughout the day, moving average to close to 21 days.

118.50: Buy requests medium.

118.18 / 16: the lowest level for the pair on February 16, Fibonacci retracement level of 50% of the ascending movement from 115.85 to 120.48.

118.00: Sentry purchase requests.

117.62: Fibonacci 61.8% for the emerging movement from 115.85 to 120.48 correct.

117.50: Buy requests medium.

[Bieela]

It is clear from the Moving Average indicator that the USDJPY will be down to the level of S2 or may be lower than that. Therefore, I recommend to do this with a lot SELL be honored in accordance with the management of your money. do not forget to put proper SL.

[KAUL]

analysis for today 2 / 25 / 2015

USDJPY

Resistance : R1 119.37 R2 119.62 R3 119.82 R4 120.12
Support : S1 118.24 S2 117.99 S3 117.79 S4 117.49

Open : 118.95
High : 118.99
Low : 118.62
Range : .37 Pips
Running Price : 118.70

Strategy : SELL at the level 118.70 stop loss at the level 119.37 target take profit at the level 117.79 or at the level 117.49

[pritishahfx]

USD JPY builds support base – Analysis - 24/02/2015

The USDJPY pair keeps its stability above the breached resistance that turns into support base now at 118.70, which reinforces the chances of continuing the short term positive scenario, while we get positive signals from the EMA50 and stochastic, these factors encourage us to continue suggesting the bullish trend that its next targets reach 120.45 then 121.80.

It is important to note that breaking 117.90 level will push the price to return to the bearish correctional trend that its next targets located at 115.50.

Expected trading range for today is between 117.90 support and 120.45 resistance.

Expected trend for today: Bullish

---------- Post added at 07:30 PM ---------- Previous post was at 06:36 PM ----------

USD/JPY Technical Analysis: Stalling at Channel Support

Talking Points:

• USD/JPY Technical Strategy: Flat
• Support: 118.51, 117.17, 115.48
• Resistance: 120.82, 121.91, 123.88

The US Dollar continues to stall, with prices oscillating in a narrow range below the 120.00 figure against the Japanese Yen. Near-term resistance is at 120.82, the December 23 high, with a break above that on a daily closing basis exposing the 121.84-91 area (December 8 high, 38.2% Fibonacci expansion). Alternatively, a push below rising channel floor support at 118.51 clears the way for a challenge ofthe January 21 low at 117.17.
Prices are too close to support to justify entering short from a risk/reward perspective. On the other hand, the absence of a defined bullish reversal signal suggests that taking up the long side is premature. With that in mind, we will remain flat for now.

---------- Post added 02-25-2015 at 03:49 AM ---------- Previous post was 02-24-2015 at 07:30 PM ----------

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 118.57; (P) 118.96; (R1) 119.19

4H

Intraday bias in USD/JPY remains neutral for the moment. On the downside, below 118.22 will bring deeper fall to 116.86 and below. But further decline attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47. On the upside, break of 121.82 is needed to confirm larger up trend resumption.

---------- Post added at 03:53 AM ---------- Previous post was at 03:49 AM ----------

D1

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.

[Gamabunta]

The pair has seen a substantial rise since the beginning of the trading day, where testing is currently level 119.40 and closes above heading pair towards resistance 120.50-121.17 area, and on the other hand, the pair needs to close the lowest price level 118.33 (moving average to close 21 days) to reduce the pressure SPV to target 117.20- support area 75.

[rohanraja]

dear in my view usd is to great pair and those beings day then we will be to popular and i think today they will go to down and that is the main think that what we will analysis about him my friend and we will earn income with him hope you earn

[Gamabunta]

The most important technical levels expected for USD/JPY during the day:

120.50: the highest level on 11 February.

119.98: resistance to the four hours on 8 January

119.40: resistance to the framework of time on February 17.

118.33: The lowest level on February 9.

117.75: Fibonacci 23.6% for the movement of the descending from 120.78 to 115.85.

117.20: The lowest level on 6 February.