Usd/Jpy

[Gamabunta]

Since the focus was mostly on the euro at the end of last week, the pair has not so much, although it continued to move to the top of the support region. There are local resistance close above the current price level around 119.50 currently, and in the bottom support remains at 118.00.
There are no ads scheduled today for important news on the Japanese yen or the US dollar. Therefore, it is likely to be a very quiet day for the pair.

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: Seen reject market at 118.84, the market will go back to the second daily resistance at 119.39, due to the previous movement has not been touched.
Recommendation: Buy

[ng1985]

pair- usd/jpy
time frame to analysis- m30



the price is break the resistance at 119.15 level and moving to the higher resistance at 119.40 level. its not able to break and again falling down side. if the price is move below the 118.90 short with profit target at 118.35 and stop loss at 119.90
good luck

[Gamabunta]

Basic levels for USD/JPY:

120.50: medium-sale offers.

120.00: medium-sale offers.

119.60: Fibonacci retracement level of 61.8% of the movement descending from 120.48 to 118.18.

119.42: the highest level for the pair on February 18.

119.35: the highest level for the pair throughout the day.

119.11: the current exchange rate.

118.88: the lowest level for the pair throughout the day.

118.73 / 70: a moving average to close the 55-day, 61.8% Fibonacci emerging movement from 118.30 to 119.35 per correct.

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.

[KAUL]

analysis for today 2 / 23 / 2015

USDJPY

Resistance : R1 119.76 R2 120.01 R3 120.21 R4 120.51
Support : S1 118.42 S2 118.17 S3 117.97 S4 117.67

Open : 119.11
High : 119.17
Low : 119.01
Range : .16 Pips
Running Price : 119.09

Strategy : BUY at the level 119.09 stop loss at the level 118.42 target take profit at the level 120.21 or at the level 120.51

[Gamabunta]

I think that we should wait until the price break the support level at 118.20, then we get in short position with take profit at 115.72.

[pritishahfx]

USD JPY around the moving average – Analysis - 20/02/2015

The USDJPY pair bounced bullishly after testing the key support 118.40, to fluctuate around the EMA50, and we are waiting to get enough positive momentum to support resuming the main bullish wave, which mainly depends on holding above 118.40 and 117.90 levels.

Our main targets begin at 120.45 and extend to 121.80, taking into consideration that breaking the above mentioned levels will push the price to return to the bearish correctional track again.

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

Expected trend for today: Bullish

---------- Post added at 08:27 PM ---------- Previous post was at 07:44 PM ----------

• USD/JPY has come under steady downside pressure over the past week
• The lack of volume during the recent push higher raises concerns that consolidation is not yet finished
• The persistent decline in daily OBV over past few weeks is also a warning sign that a deeper decline may be unfolding
• A close under 116.35 on above average volume would turn us negative on the exchange rate

---------- Post added at 08:48 PM ---------- Previous post was at 08:27 PM ----------

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 118.52; (P) 118.84; (R1) 119.26

4H

Outlook in USD/JPY is unchanged. 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, 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.
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.

---------- Post added 02-21-2015 at 05:57 PM ---------- Previous post was 02-20-2015 at 08:48 PM ----------

USD/JPY Weekly Outlook

D1
USD/JPY stayed in the consolidation pattern from 121.84 last week. Initial bias stays neutral this week first. 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 06:16 PM ---------- Previous post was at 05:57 PM ----------

Weekly

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.

---------- Post added at 06:57 PM ---------- Previous post was at 06:16 PM ----------

Monthly

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.

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: There is a surge in bullish pattern. Market has been a correction in 118.68, the possibility of the market will lead to 119.15, towards the close of the market.
Recommendation: Buy

[ng1985]

pair- usd/jpy
time frame to analysis- m30



the up movement of the price is not able to break the resistance trend line and its again down trend side. now the price is having up trend with the parabolic sar and macd indicator. long at the 118.90 level with stop loss at 118.50
good luck

[mianshabbir01]

USDJPY Analysis & Signals 20/02/15

Order BUY ABOVE
BUY LIMIT
Buy at 118.00
Take Profit at 118.55
Stop Loss at 117.77