Usd/Jpy

[moshiur277]

Usd/jpy analysis :

date : 10.22.14
time : 16:45 GMT
time frame : 15 min

current rate :107.24
high : 107.39
low : 106.78
net change : 0.23%

overall trend : slightly Bullish.

[ng1985]

pair- usd/jpy
analysis time frame- m30



the price is moving up side from the fibo support at 61.8 and now at the resistance 107.31 level. the price is overbought with rsi indicator. this may rejecting up movement and again falling. short at the 107.00 with take profit at 106.10. stop loss above 107.50
good luck

[RaKalan]

Decline in the USD / JPY strongly during yesterday's trading with the increasing demand for the yen as a safe haven on the heels of US stocks fall sharply which pushed the pair to test the level of 108.45, which bounced him up for the resumption of the bullish wave of the pair opened the European session today more trades positive in an attempt new to the breach of 109.20 (summit in September 2008), which formed a barrier to the continued rise yesterday, taking into account that penetrate and weekly closing above today strengthens along the bullish wave of public goals of starting near 110.69 (summit in August 2008) to keep the bullish scenario exists unless succeed in breaking the 108.20 level, which may extend from the descending corrective wave towards the 107.80 level.

[ANDRIAS]

http://prntscr.com/4yjqrw
analysis for today 10 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 10 / 21 / 2014
OPEN 106.94
HIGH 107.01
LOW 106.25
CLOSED 106.99

The third resistance (R3) 107.01 - ( 106.75 - 106.25 = 0.50 x 2 = 1.00 )= 108.01
The second Resistance (R2) 106.75 + 107.01 - 106.25 = 107.51
First resistance (R1) 106.75 x 2 = 213.50 - 106.25 = 107.25
pivot points 107.01 + 106.25 + 106.99 = 320.25 / 3 = 106.75
Support for the first (S1) 106.75 x 2 = 213.50 - 107.01 = 106.49
Support second (S2) 106.75 - ( 107.01 - 106.25 = 0.76 ) = 105.99
Third Support (S3) 106.25 - ( 107.01 - 106.75 = 0.26 x 2 = 0.52 )= 105.73

[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 106.9 which may mean that the bullish direction is over.
.

[clark]

As you can see on the chart of USDJPY the prices is now lower than the EMA line of 15 which could be used as a good sign of bearish trend for today.
Also the power line indicator is now above the 50 level which indicates a good upward direction signal.
One important thing else is the power momentum indicator which as you can see show a high power of the bearish trend which can be used to filter the entry of sell positions.
.

[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 below the candles for parabolic sar indicator to indicate a upward 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 Higher level to perform a upward 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.
.

[jhonystatham]

The new daily opening was lower than the last day opening to allow us to mention the down trend occurs on the last day.
Now according to the new data shown on the chart of the USDJPY pair the last arrow signal was a green up arrow below the price to indicate a bullish signal for the short term traders.
In this case I guess that the last opening at 107.05 should be used as a take profit area because it should act as a strong resistance that the price may face difficulties to break it up Finally I think using a trading system is the best way to enter the trades and then you should wait to see a clear blue line on the check indicator and at the same time trader indicator have to be green in order to make sure you are in the right bullish trend before opening any buy positions .

[shimy]

The price is getting to rise as it hits the down edge of the Bollinger bands indicator as you can see on the chart of USDJPY right now.
The volume of the market is now low as it has a value of 95 as you can see on the volume indicator at the bottom of the chart.
As you can see the price will face a strong Pivot level before it can be able to go upward then setting level 107.04 as the next resistance to the price as a primary take profit then the next resistance at 107.22 is recommended while you can cut the losses at the level 106.45 if the price heads down .
Another indicator could be useful to confirm the entry which is consists of three indicators as you can see on the middle of the chart image so entering with the cross of the CCI and moving average can be a good way to confirm the entry .
imagee

[nininini]

there are bullish channel drawn on the USDJPY hour chart as you can see at the picture and also you can mention the yellow color of the moving average which mean that the price is heading up for the current period.
The market opened today at a higher values than the daily pivot point at 106.75 and according to the data shown it seems that the price may keep going up till it can reach the first daily pivot resistance located at the price of 107 if the WPR indicator didn't show any opposite downward signals.
And in case of reaching the target you can keep buying till the next resistance at 107.25 which is a very strong resistance level to reach before the end of the day.