Usd/Jpy

[Gamabunta]

I think that we can put a sell limit order at the resistance level at 120.77 with take profit at 118.84.

[pritishahfx]

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 12:55 PM ---------- Previous post was at 12:31 PM ----------

The pair inched higher and is trading around 119.55. Holding above 119.45 extends the upside move in the coming period targeting 119.75 and 120.45 and 121.10, as trading above 118.70 is positive and support the upside move, while breaking 117.90 threatens to fail the suggested expectations.

---------- Post added at 01:14 PM ---------- Previous post was at 12:55 PM ----------

Support 119.45 120.00 120.45 120.75 121.10
Resistance 119.05 118.45 117.90 117.70 117.05
Recommendation
Positive expectations above 119.45, risk-limit below 118.20.

[lokeshkharb]

USDJPY appears to us even now very likely to guide RI bullish on the buying price of 100. 85 or even effective at leading R II with info. sixty price observed time period h1 that looks like the particular bullish break higher chances it will have stronger mainly because it arises throughout even GB.

[Bieela]

USDJPY will continue to rise to the level of R2: 120.37, or maybe more than that price therefore I recommend to my to do with TP OP buy at that price. Do not forget to install the SL according to MM you use. Happy trading.

[fxearner]

usd/jpy ne kal apna range upward ki taraf break kiya hai aur ab ye pair he up he jayengaess pair me kaafi achha option hai agar aap esko buy karke chalte hai to aur kaafi jada movement ess pair me nfp ke baad dekhne ko mila hai..

[pritishahfx]

USD/JPY Daily Outlook

Daily Pivots: (S1) 118.67; (P) 119.14; (R1) 119.89

4H

USD/JPY's rally continues today and reaches as high as 119.78 so far. Intraday bias remains on the upside. Current 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.

[KAUL]

analysis for today 2 / 11 / 2015

USDJPY

Resistance : R1 120.05 R2 120.30 R3 120.50 R4 120.80
Support : S1 118.91 S2 118.66 S3 118.46 S4 118.16

Open : 119.45
High : 119.66
Low : 119.30
Range : .36 Pips
Running Price : 119.54

Strategy : BUY at the level 119.54 stop loss at the level 118.91 target take profit at the level 120.50 or at the level 120.80

[pritishahfx]

USD JPY succeeds to breach

The USDJPY pair managed to breach the mentioned critical resistance yesterday, which turns into support now at 119.05, reinforcing the bullish trend scenario on the intraday and short- term basis, which gets a continuous support from the EMA50, waiting for visiting the last year recorded top at 121.83 as a next main station.

Stochastic current negativity might push the USDJPY price to retest the above- mentioned support base before resuming the bullish trend, which will remain valid and active unless breaking 119.05 and the most important 117.90 levels.

Expected trading range for today is between 119.00 support and 121.00 resistance.

Expected trend for today: Bullish

[sultankhan]

bhai me apki bat se agree hon mhe pta he k k trading ek esa busssniss he jis me hamen kafi rsk k sth kam krna prta he is me hamen kaifloss bhi hota he and hamen kafo profit bhi hota he is liye ham ksi bhi pair pr kam kren tu uski pori knowedg hona lazmi he wrna hamen kafi loss bhi ho skhta he

[forex trading]

usd/jpy downtrend start by trying to test support at 119.20 area. Break down this area could bring down even further usd/jpy to next support line at 118.70. While the resistance area at 120.00.