Usd/Jpy

[wench]

the price seems to move in upward trend today on the USDJPY chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 106.8233 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 109.1533 .
In other scenario if the price can break the support 106.8233 and get a bearish signals by a red dots then it�s expected to keep going south till the support of 106.0067 as the next weekly Pivot point.
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[aliali1]

A bullish trend is now in action as you can see the green arrow shown on the hourly USDJPY chart at the current time which is supported with a bottom located at 106.2 which can be also used as a very strong support that the price shouldn�t go below it if the bullish trend still strong.
Also the parabolic sar dots is showing below the candles which is a sign that the price is heading up for a while.
when buying trades take a place I think then the resistance 106.65 can be a good area in order to close some open positions as the price has a good chance to go south after hitting it.
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[hatrik]

A clear cross is occurs on the momentum indicator on the USDJPY chart as the blue line goes above the red one to perform a good buying signals for the current time By the way the blue color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the USDJPY To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the blue color on the arrows to perform a upward signal on the short term Now according to these data I think a upward trend should be in action as long as the momentum buy cross still on the chart and a buy trades can be taken as long as the ATR indicator keep showing a buying signals.
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[maggie]

the USDJPY pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is blue colored which indicate a buy signal by the way.
Now the signals show a week bearish trend and a sell 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 green or if the price hits the resistance at the area of 106.05 which may mean that the bearish direction is over.
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[ng1985]

pair- usd/jpy
analysis time frame- m30



the price is moving in the channel pattern with having the support at 105.50 and the resistance at 106.35 level. the price is making equal low with macd indicator is lower to high side. if this break 106.35 then long with take profit at 107.25 and stop loss at the 105.00
good luck

[osos]

There is a good selling signals appear today on the hourly chart of the USDJPY as the price have a red arrow as the last signal to show by the EMA crossover indicator which uses a 2 exponential moving averages with different shifts and you can see the red line crossing below the blue one to perform the sell signal.
The same also happens on the QQE indicator which you can see below the chart where you can find the lines Below the fifty levels and showing a Sell cross.
I'm going to sell targeting the area of 105.15 as a support or till I can get a new buy cross by the 2 exponential moving averages.
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[achyut]

Daily forecast: USDJPY 16 Oct. 2014.

Technical analysis for Daily forecast of USDJPY 16 October, 2014. In Daily chart USDJPY shows bearish trend. At present USDJPY below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support levle is 101.843.

Pivot: 106.279

Resistance levels

R1 107.106
R2 108.309
R3 109.136
R4 109.963

Support levels

S1 105.076
S2 104.249
S3 103.046
S4 101.843

[ANDRIAS]

http://prntscr.com/4wmt3i
analysis for today 10 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 10 / 15 / 2014
OPEN 107.04
HIGH 107.49
LOW 105.19
CLOSED 105.91

The third resistance (R3) 107.49 - ( 106.20 - 105.19 = 1.01 x 2 = 2.01 )= 109.50
The second Resistance (R2) 106.20 + 107.49 - 105.19 = 108.50
First resistance (R1) 106.20 x 2 = 212.39 - 105.19 = 107.20
pivot points 107.49 + 105.19 + 105.91 = 318.59 / 3 = 106.20
Support for the first (S1) 106.20 x 2 = 212.39 - 107.49 = 104.90
Support second (S2) 106.20 - ( 107.49 - 105.19 = 2.30 ) = 103.90
Third Support (S3) 105.19 - ( 107.49 - 106.20 = 1.29 x 2 = 2.59 )= 102.60

[mikedmontier]

Pair: USDJPY
Type of analysis: Technical
Time frame: H1
Channel line: Bearish under pivot
Fibonacci Indicator: Bearish expansion
William %R Indicator: Bearish (overbought)

Final decision: Bearish

[mary]

According to the chart of USDJPY there are a main down trend signal as the 2 EMA 5 and 6 moving below the slow EMA of 35 then I guess I will take a sell positions once the other indicators confirm the bearish direction.
There are a dots below the candles for parabolic sar indicator to indicate a upward direction and also I can monitor a sell signal on the MACD indicator which moving below 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 selling is my favorite side for today as long as the price didn�t show any opposite bullish signals.
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