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 green up arrow signal is currently located below the price implying to us that for the short term trading a bullish signal is taking place.
I do think that the price level 119.45 would be the best take profit level for now because it's also acting as a strong resistance and heading up 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 blue line also green is the color the trader indicator should have in order to be sure that it is the correct bullish trend before making any attempt for buy positions.
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4

[edmar6969]

03, December 2014
USD/JPY (a 4-hour chart)
At the high volume sellers broke through the support level of 118.60 and returned the price back to the upper channel lower bound of 118.10. Near this mark a short-term consolidation was formed.
The price is finding the first support at 118.00, the next one is at 117.00. The price is finding the resistance at 119.20.
Trading recommendations
The buyers need to break above 119.20 for a steady growth.

[hmmo]

On the USDJPY chart now you can indicate that the price is currently moving above the MBFX indicator's blue line which is the balanced area with a location at 119.23 Currently by looking on the last signal on vestro indicator it was a bearish saturation signal by going to -100 level of vestro which may be a good notification about going south 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 119.66 as first take profit and 119.93 as your next and final target as long as the price did not hit 118.8 which can be used also as stop loss for your buy trades.

[troykilson]

by viewing the USDJPY chart of the day we conclude that strong bullish trend happened due to the blade oscillator of value 0.13 located above the balance level of the indicator which shows a blue signal to conclude a strong indication that a bullish direction happen on the short run.
By the way the moving average 5 on the chart giving us a down indication then the bottom placed at price 119.29 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them .

[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 above the fifty levels and showing a sell cross.
We target the area 119.45 by performing sell orders until I can get a new buy cross by the 2 exponential moving averages.
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[samoo]

According to my analysis on the USDJPY chart for today

[ralf]

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

[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 blue colors on the arrows could be acting as upward 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.

[aliali1]

As a result of the green arrow that we are seeing at the moment on the USDJPY chart we conclude that a bullish trend would be taking place now on the top of that the bottom located at the price 118.25 which is a strong support at the moment and the price shouldn�t be able to go below it if the bullish trend stayed strong.
A down direction is to be taking place because of the parabolic sar�s dots which are located above the candles.
And for a take profit the price level 119.35 would be perfect since it's a resistance when we are buying because there might be a good chance for the price to start hitting south after hitting it.

[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 upper edge of the donchain channel which got hit by the price giving us by that south signal.
The red bar shown by the awesome oscillator indicator is located above the level of 0 indicating by that a sell signal at the moment.
A bearish signal shown by the sell cross taking place on the stostatic indicator where the lines are located near the level of 80 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