Usd/Jpy

[idlogin]

Trading day has begun. Indicator pivot point has emerged. Let's use to trade in these critical levels.

Resistance 3= 102.20
Resistance 2= 102.12
Resistance 1= 102.05
Pivot point= 101.97
Support 1= 101.91
Support 2= 101.82
Support 3= 101.76

[hamza4916]

Bank of Tokyo Mitsubishi UFJ analysts believe that USD/JPY has a neutral bias and is set to trade between 100.00 and 103.50 for the week ahead.
They begin by noting that investor turmoil returned to the global equity market today triggered by Chariman Bernanke’s JEC testimony and the FOMC minutes. Additionally they see that the Nikkei 225 plummeted by 7.3% today and general risk aversion may persist for a period. They add that JGB selling was also strong, with the 10-year yield moving up close to 1.00%. Yen short positions were liquidated under the market stress, with the yen strengthening over the 101-level.

[sara59852]

I see the pair will go to down way to 100.66
stochastic refers that the pair will go down
so our target sell from 101.66 and our target will 100pips



thanks

[Mouseen]

The pair established a number of strong signal for trend change course managed to break through the sliding alligator (who practiced the role of trend lines) after what happened strong downward, now cost wait for the completion of the Northern correction and after the breakthrough lower fractal 101.35 (time schedule) open sale.

[TomaSS]

USD / JPY showed a sharp decline in the south, it seems the bulls are beginning to close their positions, the pair managed to break through a number of strong levels of support (among them the 102.00 figure), now the pair went into a small corrective phase, selling or planning to open at the approach to 102.00 or after a 100.80.

[mtrsumon]

Usd/jpy technical analysis

date : 05.23.2013
time : 12:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 46.73

2) MACD (26,12,9)
value: 0.1391

3) ADX (14)
value: 20.71

4)CCI(14)
value: 37.88

overall treand - slightly bullish.

[mody2000]

we can see in the m30 chart the pair will go up to fibo 50.0 I see the pair will go to up way to 102.31 so our target buy from 101.66 and our target will 65pips

[hamza4916]

The USD/JPY has continued its unwinding with the pair hovering over 101.00 recording 100.83 the session low.
Volatility is setting in, aka ‘noise’, with the Nikkei setting off flurries of selling in the pair, triggering stops and taking out very large orders with speculative trading exuberating the pressures to the down side.
So long as the pair can hold above 99.80, investors are likely to keep in mind the fundamentals supporting a weaker JPY and original targets for 105.00. With a clearer picture unveiled in yesterdays testimony from Bernanke, the market may settle down again, although anticipating a data sensitive market around US labour performances. Such data will be effecting the performance in USD/JPY while Bernanke also spoke of supporting the BoJ reforms in the Japanese economy, which underpin a weaker JPY.

[aliv]

for the currency pair being opposed jpy and chf to today have developed pressure of the two currencies, the same is happening for a successful bearish USDJPY strongly to this day the price touched S III (101.00). you can buy once again start doing from now on because I think the price will move in a reversal although not a strong movement

[Murraj]

Hello everyone. How vydno on the daily chart is bearish divergence and the pair starts to go down, the main goal of a monthly pivot 96.63. The weekly nachinaetsa too bearish divergence. Now a strong level of 101.85 is breached.