Usd/Jpy

[KAUL]

analysis for today 2 / 20 / 2015

USDJPY

Resistance : R1 119.54 R2 119.79 R3 119.99 R4 120.29
Support : S1 118.35 S2 118.10 S3 117.90 S4 117.60

Open : 118.95
High : 119.10
Low : 118.79
Range : .31 Pips
Running Price : 118.85

Strategy : SELL at the level 118.85 stop loss at the level 119.54 target take profit at the level 117.90 or at the level 117.60

[DaniFastX]

The results of the pivot point calculations based on daily time frame prediction and analysis of price movements
Pair = USDJPY
Friday, February 20, 2015
High = 119.17
Low = 118.43
Close = 118.93
Pivot Point Result
R3 = 120.00
R2 = 119.58
R1 = 119.26
PP = 118.84
S1 = 118.52
S2 = 118.10
S3 = 117.78
analysis of price movements
If Buy Limit at = 118.61
TP = 119.17
SL = 118.19
IF Buy Stop at = 119.02
TP = 119.67
SL = 118.43
If Sell Limit at = 119.17
TP = 118.61
SL = 119.49
IF Sell Stop at = 118.43
TP = 118.01
SL = 118.75
Trend = Neutral

[pritishahfx]

USD JPY tests the critical support � Analysis - 19/02/2015

The USDJPY pair provided negative trading yesterday�s evening to settle near the critical support at 118.40, which represents the neckline of the bearish technical pattern that appears in the above chart, noticing that stochastic reaches the oversold levels to protect the mentioned support and keeps the chances valid for resuming yesterday- suggested bullish trend.

Therefore, we will wait for targeting 120.45 then 121.80 levels mainly, but we should be aware that breaking 118.40 then 117.90 level will push the price to decline sharply and visit levels that reach to 116.30.

Expected trading range for today is between 117.90 support and 120.00 resistance.

Expected trend for today: Bullish

---------- Post added at 06:27 PM ---------- Previous post was at 01:52 PM ----------

USD/JPY Technical Analysis: Stalling Below 120.00 Figure

Talking Points:

• USD/JPY Technical Strategy: Flat
• Support: 118.06, 117.17, 116.19
• Resistance: 120.82, 121.91, 123.88

The US Dollar is treading water against the Japanese Yen after retesting a broken Triangle formation top, now recast as support. A daily close above the December 23 highat 120.82 exposes the 121.84-91 area (December 8 high, 38.2% Fibonacci expansion). Alternatively, a turn below Triangle resistance-turned-support at 118.06 opens the door for a test ofthe January 21 low at 117.17.
A long trade seems tempting from a purely technical perspective but we will tactically opt to stand aside for now. Continued uncertainty surrounding the Greek debt impasse casts a cloud over sentiment trends, with the possible breakout of risk aversion threatening to derail upside potential.

---------- Post added at 06:29 PM ---------- Previous post was at 06:27 PM ----------

• USD/JPY remains in consolidation mode above the 3rd square root relationship of the 2014 high near 118.40
• Our near-term trend bias remains positive while above 118.40
• Interim resistance is seen around 119.65, but a move through 120.80 is really needed to signal that a more meaningful extension higher is underway
• A minor turn window is eyed early next week
• A close below 118.40 would turn us negative on the exchange rate
USD/JPY Strategy: Like the long side while 118.40 holds.
Instrument Support 2 Support 1 Spot Resistance 1 Resistance 2
USD/JPY 117.95 *118.40 118.85 119.00 *119.65

---------- Post added at 06:38 PM ---------- Previous post was at 06:29 PM ----------

USDJPY - The ratio of long to short positions in the USDJPY stands at 1.77 as 64% of traders are long. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the USDJPY may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

[ng1985]

pair- usd/jpy
time frame to analysis- m15



the price is making inverted head and shoulder chart pattern having the nick line of resistance at 118.80 level that has been break. the price is making correction from the 119.00 level may again pull up. long with profit target at 119.50 and stop loss at 118.74
good luck

[Gamabunta]

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

120.78: the highest level on 2 January

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 retracement accounted for 23.6% of the movement descending from 120.78 to 115.85.

117.20: The lowest level on 6 February.

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bearish
Time Frame: H1
Reason: Market has been rejected in the weak resistance at 118.77, the possibility of the market is still going down when seen from the RSI indicator. Target is in daily supprot second in 118.39
Recommendation: Sell

[pritishahfx]

13.02.2015 GMT+1 - USD/JPY Intraday: the upside prevails.

Pivot: 118.35

Our preference: Long positions above 118.35 with targets @ 119.5 & 119.9 in extension.

Alternative scenario: Below 118.35 look for further downside with 118 & 117.6 as targets.

Comment: The pair is pulling back on its support.

---------- Post added at 07:44 AM ---------- Previous post was at 06:58 AM ----------

USD/JPY Daily Outlook

Daily Pivots: (S1) 118.41; (P) 118.91; (R1) 119.28

4H

Outlook in USD/JPY is unchanged. Fall from 120.46 could extend to 116.86 support. But overall, the pair is still bounded in consolidation from 121.84. On the upside, break of 121.82 is needed to confirm larger up trend resumption. On the downside, any decline attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.

---------- Post added at 07:48 AM ---------- Previous post was at 07:44 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.

[MurdoFast]

Pair = USDJPY Thursday, February 19, 2015
Fibonacci pivot point calculations to predict the movement of market prices today
Open = 119.23, High = 119.41, Low = 118.54, Close = 118.78
Fibonacci pivot point calculation
R3= 119.78, R2= 119.45, R1= 119.24, PP= 118.91, S1= 118.58, S2= 118.37, S3= 118.04
Open Order
Sell = 118.78, TP= 118.50, SL= 119.11

[Ex.ness Support]

USDJPY: consolidation after the Bank of Japan meeting
USDJPY
Feb. 18, 2015, 08:41
Buy on a level breakthrough of 119.40 with 120.48 target. Stop loss = 118.90.
Reason for the trading strategy
The Bank of Japan has kept its goal of expansion of the monetary base by 80 trillion yen per year, as expected. The preservation of a soft monetary policy in the country will contribute to a stabilization of inflation expectations, but will put pressure on the exchange rate of the yen.
USDJPY, H4

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: Looks market toward the second daily resistance at 119.69, because there are areas that have not been corrected. After it is expected to reject the direction of 119.41.
Recommendation: Buy