Usd/Jpy

[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.

118.87: Fibonacci retracement of 61.8% of the movement descending from 120.78 to 115.85.

118.33: The lowest level on February 9.

117.20: The lowest level on 6 February.

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: Market could not penetrate support at 118.31, then the market will retest at the resistance at 118.80, but before going to a correction in the pivot point at 118.50
Recommendation: Buy limit in 118.50

[KAUL]

analysis for today 2 / 17 / 2015

USDJPY

Resistance : R1 118.98 R2 119.23 R3 119.43 R4 119.73
Support : S1 117.77 S2 117.52 S3 117.32 S4 117.02

Open : 118.47
High : 118.52
Low : 118.23
Range : .29 Pips
Running Price : 118.39

Strategy : SELL at the level 118.39 stop loss at the level 118.98 target take profit at the level 117.32 or at the level 117.02

[ashraf55]

To day support and resistance date.17/2/2015
Resistance 1:118.73
Resistance 2:119.00
Resistance 3:119.35
Power pivot:118.40
Support 1:118.10
Support 2:117.80
Support 3:117.45
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.

[mianshabbir01]

USDJPY Analysis & Signals 16/02/15

Order BUY ABOVE
BUY LIMIT
Buy at 118.45
Take Profit at 119.20
Stop Loss at 118.00

[pritishahfx]

USD JPY completes the bearish pattern – Analysis - 16/02/2015

The USDJPY pair opened today’s trading with a bearish bias to begin attempts to break the neckline of the head and shoulders pattern that appears in the above chart, this level is located at 118.40, and four hours close below it will confirm the completion of the pattern and activates its negative effect, which will push the price towards 116.30 levels mainly.

Stochastic and the EMA50 are providing negative signals now, and that makes us keep our intraday bearish bias expectations, which will remain valid and active unless breaching 119.15 level and holding above it.

Expected trading range for today is between 117.00 support and 119.15 resistance.

Expected trend for today: Bearish

[Gamabunta]

The most important technical levels expected for a couple of dollar yen during the day:
120.78: the highest level on 2 January
119.98: resistance to the four hours on 8 January
118.87: Fibonacci retracement of 61.8% of the movement descending from 120.78 to 115.85.
118.57: the current exchange rate.
118.33: The lowest level on February 9.
117.25: The lowest level on 22 January

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: sideways
Time Frame: H1
Reason: Market can not penetrate the second daily support at 118.31. Predicted the market will move to 118.79, or higher to retest the resistance at 119.09
Recommendation: Buy with a target of 118.79

[pritishahfx]

USD/JPY Daily Outlook

Daily Pivots: (S1) 118.36; (P) 118.78; (R1) 119.15

4H

As noted before, the rebound from 115.84 is likely finished at 120.46. Intraday bias in USD/JPY is mildly on the downside for 116.86 support. 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 11:58 AM ---------- Previous post was at 11:08 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.

[d5358]

As noted before, the rebound from 115.84 is likely finished at 120.46. Intraday bias in USD/JPY is mildly on the downside for 116.86 support. 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