Usd/Jpy

[edmar6969]

USD/JPY (a 4-hour chart)
6 May 2014
The first support is 101.60, the next one is 101.00. The first resistance is 102.23, the next is one 103.00.
There is a weak and non-confirmed sell signal. The price is under the Cloud and it is above the Chinkou Span.
The downtrend movement will be until the price is under the Kijun-Sen.
The MACD histogram is at zero area.
Trading Recommendations
The potential growth target is the repeatedly checked on the strength resistance level 102.65. Its break opens the way up to 103.90.

[BURHANFX]

analysis for today 5 / 6 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 102.01
Retracement (50%) 102.06
retracement (61,8%) 102.10

Extensions (61.8%) 101.62
Extensions (100.0%) 101.47
Extensions (138.2%) 101.32
Extensions (161.8%) 101.23
calculation based on a Fibonacci retracement then today I choose sell

[mianli123]

On the daily charts, the usd/jpy is below 102.34, but the exchange rate continues for the price, the exchange rate last Friday once on the 100 day moving average resistance around the 102.87 tested, but then the callback. Unless the exchange rate above this resistance, otherwise the trend is still unknown.
Support and resistance, support at 102 points and 101.15 first and 100 psychological barrier; resistance at 102.87 line and 103.21 line.

[gjbanget]

and once again this pair at this price level so we expect little bit more improvement. I think it will fall more and break all time low which is around 78.88 soon, UJ is falling from quite a long time no chance for USD to recover.

[RAGGEL]

USD/JPY analysis for today 5 / 5 / 2014


Resistance 3 103.16
Resistance 2 102.86
Resistance 1 102.66
Pivot Point 102.20
Support 1 101.45
Support 2 101.25
Support 3 100.95

BUY STOP 102.66 STOP LOSS 101.45 TAKE PROFIT 102.86
SELL STOP 101.45 STOP LOSS 102.66 TAKE PROFIT 101.25

[Bieela]

Daily analysis for USDJPY
USDJPY elongated flat correction down 101.54, lower, new daily low close to first daily support 101.90

Elliott 103.02
Closing 102.23
Ex-Low 102.14
Ex-High 103.02

Support 1 101.91
Support 2 101.59
Resistance 1 102.78
Resistance 2 103.36

[achyut]

Trading analysis for 05th May, 2014. In Daily chart USDJPY shows bearish trend. At present USDJPY breaks 1st support level. If USDJPY continue to sell then next strong support level is 100.417.

Pivot: 102.435

Resistance levels

R1 102.746
R2 103.315
R3 103.626
R4 103.937

Support levels

S1 101.866
S2 101.555
S3 100.986
S4 100.417

[KAUL]

analysis for today 5 / 5 / 2014

USD/JPY

Resistance : R1 102.61 R2 102.86 R3 103.06 R4 103.36
Support : S1 101.50 S2 101.25 S3 101.05 S4 100.75

Open : 102.20
High : 102.25
Low : 101.86
Range : 39 Pips
Running Price : 101.87

Strategy : SELL at the level 101.87 stop loss at the level 102.61 target take profit at the level 101.05 or at the level 100.75

[umairsario]

Currently fall down to Key Point 101.88 ,,, will it go UP? or further down

[caius]

Daily technical analysis for USDJPY 05-05-2014
USDJPY are initial signs of a good corrective recovery to at least 102.62 or even above 102.79. Supports at 102.18 and 101.90 zone.

Key Point 101.88
Entry Point 102.45
Trendline 1 102.18
Trendline 2 102.19

Support 1 101.90 Support 2 101.58
Resistance 1 102.79 Resistance 2 103.35