Usd/Jpy

[jhonystatham]

On the last day we noticed that the trend was taking up direction and that's according to the new daily opening which was compared to yesterday higher than that of the last day.
On the USDJPY chart today we noticed that a red down arrow signal is currently located above the price implying to us that for the short term trading a bearish signal is taking place.
I do think that the price level 117.95 would be the best take profit level for now because it's also acting as a strong support and heading down after breaking such level would be really hard.
Finally like any strategy following the rules would be the wisest choice to avoid losses and that can be done if we waited for the check indicator to make a clear red line also red is the color the trader indicator should have in order to be sure that it is the correct bearish trend before making any attempt for sell positions.
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[osos]

The USDJPY chart shows a down trend signal as the 2 EMA 5 and 6 are moving below the slow EMA of 35 so I think that I will go for sell positions when the other indicators confirm the bearish direction .
For the parabolic sar indicator there are dots located above the candle that indicates a downward direction also the MACD indicator that is moving below the level 0 shows a sell signal the CCI line is at the lower level that performs a downward signal .
The EMA locations suggest selling until the price shows any opposite bullish signal .

[samoo]

According to my analysis on the USDJPY chart for today I believe the market is going to move in a bullish direction due to the green line above level 0 which is considered a bullish signal made by the histogram indicator.
A bullish direction signal is formed by the Market Emotion indicator as it shows a green line for the last candle.
As for the guru indicator it also does shows a great bearish signal which was deducted as the line is below the level 0 and the last bars were red the level 0 and the last bars were buy type made by the crossing of the two EMAs 9 and 152 then a bullish trend is to be considered on the upcoming candles.
According to that buying level located at 118.86 which is a take profit since it is the first resistance to be encountered by the price.

[troykilson]

by viewing the USDJPY chart of the day we conclude that weak bullish trend happened due to the blade oscillator of value 0.118 located above the balance level of the indicator which shows a red signal to conclude a weak indication that a bullish direction happen on the short run.
By the way the moving average 5 on the chart giving us a UP indication then the bottom placed at price 118.21 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them .

[ralf]

According to price position which is below the EMA indicator on the USDJPY chart I believe it will be taking a bearish direction throughout the day.
A sell signal is indicated by the RSI indicator according to the line which is currently below the center line of 35.
Using the MACD indicator we can see that the green lines are heading down which means that the market bears are the ones in control in the current period.
As a result to that I do believe that choosing the bears for the current day would be the best choice but that of course until we get an opposite buy signal via the EMA indicator when the price gets above the wave .

[halloiasan]

According to what I am witnessing now on the USDJPY chart the price now is giving us a signal that it might keep heading to a bearish trend based on the down channel drawn in front of us.
The lower edge of the donchain channel which got hit by the price giving us by that north signal.
The green bar shown by the awesome oscillator indicator is located below the level of 0 indicating by that a buy signal at the moment.
A bullish signal shown by the buy cross taking place on the stostatic indicator where the lines are located near the level of 20 The selling data shown in front of us could be the right call targeting by that the low level of the donchain channel but before entering any deal it would be wise to wait for a confirmation of down trend from the Awesome Oscillator increasing by that the chance for the sell trades to win almost near the down line of the channel

[BURHANFX]

analysis for today 12 / 10 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 119.11
Retracement (50%) 119.47
retracement (61,8%) 119.82

Extensions (61.8%) 116.06
Extensions (100.0%) 114.89
Extensions (138.2%) 113.72
Extensions (161.8%) 113.01
calculation based on a Fibonacci retracement then today I choose sell

[KAUL]

analysis for today 12 / 10 / 2014

USDJPY

Resistance : R1 119.43 R2 119.68 R3 119.88 R4 120.18
Support : S1 119.16 S2 118.91 S3 118.71 S4 118.41

Open : 119.68
High : 119.91
Low : 118.68
Range : 1.23 Pips
Running Price : 119.12

Strategy : SELL at the level 119.12 stop loss at the level 119.43 target take profit at the level 118.71 or at the level 118.41

[jhonystatham]

On the last day we noticed that the trend was taking down direction and that's according to the new daily opening which was compared to yesterday lower than that of the last day.
On the USDJPY chart today we noticed that a red down arrow signal is currently located above the price implying to us that for the short term trading a bearish signal is taking place.
I do think that the price level 119.6 would be the best take profit level for now because it's also acting as a strong support and heading down after breaking such level would be really hard.
Finally like any strategy following the rules would be the wisest choice to avoid losses and that can be done if we waited for the check indicator to make a clear red line also red is the color the trader indicator should have in order to be sure that it is the correct bearish trend before making any attempt for sell positions.
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---------- Post added at 09:50 AM ---------- Previous post was at 08:57 AM ----------

According to price position which is below the EMA indicator on the USDJPY chart I believe it will be taking a bearish direction throughout the day.
A sell signal is indicated by the RSI indicator according to the line which is currently below the center line of 35.
Using the MACD indicator we can see that the green lines are heading down which means that the market bears are the ones in control in the current period.
As a result to that I do believe that choosing the bears for the current day would be the best choice but that of course until we get an opposite buy signal via the EMA indicator when the price gets above the wave .

[hmmo]

On the USDJPY chart now you can indicate that the price is currently moving above the MBFX indicator's grey line which is the resistance area with a location at 119.01 Currently by looking on the last signal on vestro indicator it was a bullish saturation signal by going to +100 level of vestro which may be a good notification about going north for the current time if you decided to enter long then you can target the next level of support on MBFX indicator at area of resistance on MBFX indicator at area of 119.34 as first take profit and 119.67 as your next and final target as long as the price did not hit 118.48 which can be used also as stop loss for your buy trades.