Usd/Jpy

[ng1985]

pair- usd/jpy
analysis time frame- m30



the price movement in the up trend side but its rejecting from the resistance at 108.30 level the rsi is also moving down side. this down movement is hold at the pivot support 107.89 level. if this is break 107.50 then short with take profit at 106.80 and stop loss at the 108.90
good luck

[alii.hassan]

the USDJPY pair is now moving at a bearish trend which can be recognized by the down red arrow above the price and at the same time you can monitor the sell cross between the snake and T3_clean on the 1H chart Now to define the levels which may affect the direction you can use the support level at 107.65 as a good area to claim the profits or keep selling if the price breaks it down while on the other hand the level 108.35 could be used as a resistance which the stop loss level can be set Finally selling can be the right decision for now until an opposite buy cross occurs on the indicators or a blue up arrow is shown .

[maggie]

the USDJPY pair for today seems to be on bullish trend according to the green color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is red colored which indicate a sell signal by the way.
Now the signals show a week bullish trend and a buy trades can take a place as soon as the Nonlog indicator changes to confirm the direction.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be red or if the price hits the support at the area of 107.15 which may mean that the bullish direction is over.
.

[mary]

According to the chart of USDJPY there are a main up trend signal as the 2 EMA 5 and 6 moving Above the slow EMA of 35 then I guess I will take a buy positions once the other indicators confirm the bullish direction.
There are a dots above the candles for parabolic sar indicator to indicate a downward direction and also I can monitor a buy signal on the MACD indicator which moving above the level 0 for now beside the CCI line is at the lower level to perform a downward signal.
As I said before according to the EMA locations buying is my favorite side for today as long as the price didn�t show any opposite bearish signals.
.

[Ramzy.hassan]

A top is drawn via ZigZag indicator to show a good chance that the USDJPY pair may head down upon the coming hours.
And the price is at the moment moving near the down edge of the Donchin band indicator which is a sign that can�t be neglected that the price will face a big difficult if it tries to move downward Then I guess betting on the downward direction have a better odds but only if the price can be able to have a closed candle below the support of 107.15 which you can monitor it on the chart by the blue dots and waiting for the 2 SMA indicators to make a sell cross can be a better way to catch a strong sell trades In this case thinking about the resistance line at 108.35 to be a stop level area can help in case of facing an opposite upward direction .

[achyut]

Daily forecast: USDJPY 24 Oct. 2014.

Technical analysis for Daily forecast of USDJPY 24 October, 2014. In Daily chart USDJPY is flat. At present USDJPY on the pivot point. It is important to break support or resistance levels to identify the trend.

Pivot: 107.890

Resistance levels

R1 108.705
R2 109.154
R3 109.969
R4 110.784

Support levels

S1 107.441
S2 106.626
S3 106.177
S4 105.728

[hmmo]

The price hits the higher level of donchin channel on the USDJPY chart to perform a probably of bearish trend start by today As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bearish sign by having a red colored bars located above the 0 th level A quick look to the stostatic can inform you by a buy signal as the price near the level of 80 and there is a bullish cross between the two lines As a result of the previous signals I can bet on the bearish side by taking a sell trades wishing that the price reach the low edge of Donchin level which can be used as a good area for closing sell trades in profit

[samoo]

The price hits the higher level of donchin channel on the USDJPY chart to perform a probably of bearish trend start by today As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bearish sign by having a red colored bars located above the 0 th level A quick look to the stostatic can inform you by a buy signal as the price near the level of 80 and there is a bullish cross between the two lines As a result of the previous signals I can bet on the bearish side by taking a sell trades wishing that the price reach the low edge of Donchin level which can be used as a good area for closing sell trades in profit

[ali90]

The USDJPY now is on a bullish direction according to Henkin Ashi candles color which is blue at this moment in associated with up arrow to indicate up trend When trying to analyze Snake vs T3-Clean you can see a buy signal due to intersection happens And to make sure you can take a look on the trend session indicator and you can see the blue bar to confirm a buy signal for current period Another important thing that you need to keep in mind is the resistance located at 108.82 which may get the price reversed to down levels if it fails to break it

[troykilson]

A week bullish trend take a place on the hourly chart of the USDJPY as the Blade oscillator is now at 0.11 area above the level of balance and at the same time the indicator is blue colored which is a week indication of bullish direction on the short term. On the chart itself you can see the moving average 5 sloping UP and then you can consider the last bottom drawn by it at 108.22 as a good stop loss if you need it in case of buy orders which is very advised according to the indicators signals.