Usd/Jpy

[Emad M]

This should be the case , Hopefully as I'm very confused for the past two days,
Market is going crazy, Not predictable, not reasonable, especially with all these news,

[Gamabunta]

I think that we can get in long position from the support level at 117.40 with take profit at 117.75.

[edmar6969]

21, November 2014
USD/JPY (a 4-hour chart)
Despite the fact that the trading volumes show the upward trend easing, there is a bearish sentiment in the market.
The buyers has broken through the upper bound of the rising channel at the level of 118.00.
The price is finding the first support at 118.00, the next one is at 117.00. The price is finding the first resistance at 119.20.
Trading recommendations
The potential growth target is the resistance levels of 119.20.

[Ex.ness Support]

21.11.2014 9:09 USDJPY
USDJPY: under pressure after the speech given by Japan's Minister of Finance

Buy on rebound from 117.02 level with 118.00 and 118.99 targets. Stop loss = 116.50.

Reason for the trading strategy

Today, Japan's finance minister expressed concern about the rapid decline of the yen against the US dollar. This led to the recording of a profit in the USDJPY pair. After the pair's likely testing of the of 117.02 support level, opening other long positions should considered.

USDJPY, H4

[img]https://www.exness.com/2014/11/21/usdjpy.png/img]

[alii.hassan]

A bearish trend is taking place because of the down red arrow located above the price on the USDJPY pair right now.
You can confirm it even more using the sell cross between the snake and T2_clean.
In order to be safe a strong support level should be determined to act as a take profit and I believe the level 117.35 would serve that purpose since it�s a strong support level at the current time.
But of course if it got broken it would mean that the price would head further down and so we would keep selling as a result.
But if the price headed to the other direction it would be wise to use 118.95 as a stop loss level for it�s a really strong resistance As a result to what we said earlier I do believe that selling would be the best decision at the moment unless either a buy cross signal appears or a blue up arrow is shown

[hmmo]

On the USDJPY chart now you can indicate that the price is currently moving below the MBFX indicator's blue line which is the balanced area with a location at 117.81 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 short then you can target the next level of support on MBFX indicator at area of support on MBFX indicator at area of 117.23 as first take profit and 116.87 as your next and final target as long as the price did not hit 118.39 which can be used also as stop loss for your sell trades.

[osos]

some good selling signals shown today on the hourly chart of the USDJPY as the price have a red arrow as the last signal that viewed by the EMA crossover indicator which uses a 2 exponential moving averages with an unsimilar shifts and you can see the red line crossing below the blue one to act as a sell signal.
it happens also on the QQE indicator that is clear on the chart lines below the fifty levels and showing a sell cross.
We target the area 118.7 by performing sell orders until I can get a new buy cross by the 2 exponential moving averages.
.

[hatrik]

The moment indicator indicates that there is good selling signal on our pair USDJPY and that�s because of the cross taking place where the blue line�s location is below the red line at the moment The oracle strength indicator.
on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown.
If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the red colors on the arrows could be acting as downward signals.
Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.

[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 bearish direction signal is formed by the Market Emotion indicator as it shows a red 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 sell type made by the crossing of the two EMAs 9 and 152 then a bearish trend is to be considered on the upcoming candles.
According to that selling level located at 117.19 which is a take profit since it is the first support to be encountered by the price.

[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 bullish trend based on the up 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 buying data shown in front of us could be the right call targeting by that the high level of the donchain channel but before entering any deal it would be wise to wait for a confirmation of up trend from the Awesome Oscillator increasing by that the chance for the buy trades to win almost near the up line of the channel