Usd/Jpy

[pritishahfx]

USD JPY gets the positive momentum

The USDJPY pair shows more tight trading which allowed stochastic to gain positive momentum on the four hours time frame, which supports the continuation of the overall positive overview, which mainly depends on holding above 117.90 and 117.20 levels, and it gets good support from the EMA50.

Breaching 119.15 will offer a strong positive motive that supports extend targets to reach 121.80 areas.

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

Expected trend for today: Bullish

---------- Post added at 02:39 PM ---------- Previous post was at 07:33 AM ----------

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 118.27; (P) 118.68; (R1) 119.03

4H

USD/JPY's rise from 116.86 is likely resuming after brief consolidation. Intraday bias remains on the upside and rise from 115.84 should target 120.82 resistance. Considering that the consolidation pattern from 121.84 might extend, we'd be cautious on strong resistance between 120.82 and 121.84 to limit upside and bring reversal. But break of 121.82 resistance will confirm larger up trend resumption. Meanwhile, below 118.32 would turn bias back to the upside for 116.86 support. In any case, downside attempts should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.

---------- Post added at 03:41 PM ---------- Previous post was at 02:39 PM ----------

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 support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.

[raks]

mujhe bhi usd ke sath trading krna achha lgta hai or hmesha isme kuchh na kuchh halchl hoti rhti hai to kbhi profit ho jata hai or kabhi loss bt agar mai full time du to bhut hi km time me mai usd ke sath achha profit bna skta hu.

[pritishahfx]

USD/JPY Daily Outlook

Daily Pivots: (S1) 118.27; (P) 118.68; (R1) 119.03

4H

Intraday bias in USD/JPY remains mildly on the upside for the moment. Rebound from 115.84 should extend to 120.82 resistance. Overall, consolidation pattern from 121.84 is likely a triangle pattern. Strong resistance from 120.82 will bring another fall to extend the pattern. But break of 121.82 resistance will confirm larger up trend resumption. Meanwhile, any downside attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.

---------- Post added at 05:32 AM ---------- Previous post was at 05:25 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 support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.

[forex trading]

usd/jpy downtrend start by trying to test support at 118.00 area. Break down this area could bring down even further jpy/USD to next support line at 117.70. While the resistance area at 119.30.

[ashraf55]

To day support and resistance date.10/2/2015
Resistance 1:119.00
Resistance 2:119.40
Resistance 3:119.83
Power pivot:118.64
Support 1:118.35
Support 2:118.00
Support 3:117.66
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.

[pritishahfx]

USD/JPY Mid-Day

Daily Pivots: (S1) 117.72; (P) 118.46; (R1) 119.77

4H
Intraday bias in USD/JPY remains mildly on the upside for the moment. Rebound from 115.84 should extend to 120.82 resistance. Overall, consolidation pattern from 121.84 is likely a triangle pattern. Strong resistance from 120.82 will bring another fall to extend the pattern. But break of 121.82 resistance will confirm larger up trend resumption. Meanwhile, any downside attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.

---------- Post added at 12:43 AM ---------- Previous post was at 12:37 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 support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.

---------- Post added at 12:54 AM ---------- Previous post was at 12:43 AM ----------

The pair inched higher and breached 118.70. Holding above the referred to level is positive and favors extending the upside move in the coming period and favors extending the bullish wave targeting 1119.45 and 119.75 and 120.45, while breaking 118.20 threatens to fail the suggested expectations.

Support 118.45 119.05 119.45 120.00 120.45
Resistance 117.90 117.70 117.05 116.90 116.10
Recommendation
Positive expectations above 118.70, risk-limit below 118.20.

[mianshabbir01]

USDJPY Analysis & Signals 09/02/15

Order BELOW
BUY LIMIT
Buy at 118.30
Take Profit at 119.10
Stop Loss at 118.10

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: Market can not penetrate the daily pivot point at 118.51, so you can bet the market will go back up in the price of 119.30. Views RSI remained above the 50 line
Recommendation: Buy now

[Bieela]

For the US session is likely USDJPY will tend to trend down to a level predicted MS2: 117.12, or maybe more than that. It was clear from some of the moving average indicator that has been cut. to the right once to sell at this price.

[pritishahfx]

4H
Daily Pivots: (S1) 117.72; (P) 118.46; (R1) 119.77

Intraday bias in USD/JPY remains mildly on the upside for the moment. Rebound from 115.84 should extend to 120.82 resistance. Overall, consolidation pattern from 121.84 is likely a triangle pattern. Strong resistance from 120.82 will bring another fall to extend the pattern. But break of 121.82 resistance will confirm larger up trend resumption. Meanwhile, any downside attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.

---------- Post added at 11:13 AM ---------- Previous post was at 08:54 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 support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.

---------- Post added at 11:26 AM ---------- Previous post was at 11:13 AM ----------

Weekly

In the long term picture, the strong impulsive look of the rally from 75.56 suggests that USD/JPY is now in a long term up trend. While momentum is still strong, the overbought condition as seen in monthly chart might start to limit upside momentum above 124.13 resistance.