Usd/Jpy

[maggie]

A bearish trend is currently taking place as you can see in front of us according to the super trend indicator which is currently showing us a red signal on the USDJPY signal on the blue color shown on the nonlong indicator encouraging us to start a buy order at the current moment.
If the as soon as the Nonlog indicator changes to confirm the direction.
then i do recommend considering bearish trend on the pair and to start thinking about sell trades as the ideal orders.
In order to know where to put our stop loss we can think of the resistance located at the price 118.05 and according to the super trend indicator signal if it does turn to green then we should know that a bearish trend is currently over .

[mary]

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 .

[wench]

the price seems to move in downward trend today on the USDJPY chart as there are a red dots above the bars and as long as the price keeps lower than the strong resistance of 117.45 which is also the weekly Pivot point then it seems that the price may keep going south till it can hit the weekly pivot support at 114.48 .
In other scenario if the price can break the resistance 117.45 and get a bullish signals by a blue dots then it�s expected to keep going north till the resistance of 118.62 as the next weekly Pivot point.
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[ANDRIAS]

http://prntscr.com/58hvnh
analysis for today 11 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 11 / 20 / 2014
OPEN 117.94
HIGH 118.97
LOW 117.75
CLOSED 118.22

The third resistance (R3) 118.97 - ( 118.31 - 117.75 = 0.56 x 2 = 1.13 )= 120.10
The second Resistance (R2) 118.31 + 118.97 - 117.75 = 119.53
First resistance (R1) 118.31 x 2 = 236.63 - 117.75 = 118.88
pivot points 118.97 + 117.75 + 118.22 = 354.94 / 3 = 118.31
Support for the first (S1) 118.31 x 2 = 236.63 - 118.97 = 117.66
Support second (S2) 118.31 - ( 118.97 - 117.75 = 1.22 ) = 117.09
Third Support (S3) 117.75 - ( 118.97 - 118.31 = 0.66 x 2 = 1.31 )= 116.44

[ducd3vaizo]

Daily Forecast

Pair: USDJPY
Major Trend: NEUTRAL
Time Frame: H4
Reason: Price today opened and has touched the pivot point at 118.30, For now the price is only a correction to the broken support area at 117.83, then the price can go back to continue the movement to support 115.58 for the long term. Stochastic has reached the oversold area, although there are still opportunities to penetrate the RSI line 50 and headed down.
Recommendation: SELL with a target of 117.07

[Ex.ness Support]

20.11.2014 7:07 USDJPY
In the short term, the dollar pair may rise to 120 yen.

Buy on level breakthrough of 119.00 with 119.63 and 120.00 targets. Stop loss = 118.50.

Reason for the trading strategy

Despite the publication of good statistics on foreign trade in Japan, the USDJPY currency pair continues to reach new highs. Market participants act out the news about the postponement of the sales tax rise in Japan.

USDJPY, H4

[ng1985]

pair- usd/jpy
analysis time frame- m15



the up movement of the price is rejecting from the daily resistance level two at the 118.83 level and falling down side with breaking the supporting trend line. the rsi is now up side it may be again in major trend side. long with stop loss at 117.75
good luck.

---------- Post added at 06:46 PM ---------- Previous post was at 06:44 PM ----------

pair- usd/jpy
analysis time frame- m15



the up movement of the price is rejecting from the daily resistance level two at the 118.83 level and falling down side with breaking the supporting trend line. the rsi is now up side it may be again in major trend side. long with stop loss at 117.75
good luck.

[nininini]

the bullish channel drawn on the USDJPY hourly chart mentioned the red color if the moving average so we recognized that the price is heading down for the current period The opening of the market today is at a higher values than the daily pivot point at 117.61 and due to the data given the price may keep going down untill they reach the first daily pivot support located at the price of 117.38 if the WPR indicator didn't indicate any opposite upward signals.

Then I guess that selling order will take place untill the next support at 117.16 which is a very strong support level to reach before the end of the day.

.

[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 117.25 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

[troykilson]

by viewing the USDJPY chart of the day we conclude that weak bearish trend happened due to the blade oscillator of value 0.128 located below the balance level of the indicator which shows a blue signal to conclude a weak indication that a bearish direction happen on the short run.
By the way the moving average 5 on the chart giving us a down indication then the top placed at price 118.31 can be taken as a stop loss point for the sell orders given by the indicators that we deal with them .