Usd/Jpy

[david Lynch]

USD JPY touched the bullish channel’s resistance which represents our main target in our last reports, bouncing lower normally now, which makes us suggest witnessing negative trading for today, targeting testing support levels begin at 100.80
Stochastic heads to the downside to support the expected decline, which remains valid unless breaching above 102.75

[forexgroove]

USD/JPY intraday: the bias remains bullish.

Pivot: 101.75
Our preference: Long positions above 101.75 with targets @ 102.85 & 103.25 in extension.
Alternative scenario: Below 101.75 look for further downside with 101.25 & 100.4 as targets.
Comment: the pair remains on the upside and is approaching its previous high.

[aliv]

whereas for the USDJPY pair for now, I think more down compared to the first EURJPY or GBPJPY, USDJPY is also because in the zone seller then I recommend you to put a sell order now, with a target of 101.88, and for the stoplose should always be your include 40 pips from your order

[muscle fx]

USD rally continues to push the pair higher on Thursday, scored new highs around 102.50.

According to the latest weekly report securities transactions by the Ministry of Finance, "Japanese investors continued modest net purchases of foreign bonds in May ... still remains the dominant flow of foreign net purchases of Japanese equities, most likely flow fenced to limit the impact of a weaker yen"

At this time, the pair is up 0.24% at 102.50 with next resistance at 102.77 (May 15, 2013 high) followed by the psychological level at 103.00 and then 103.06 (high October 14, 2008).
On the downside, a breach of 101.97 (May 16 low) will accelerate the decline towards 101.85 (low May 15) and then 101.25 (May 14 low).


Support: 102.48, 102.45, 102.43
Resistance: 102.57, 102.54, 102.52

[Mouseen]

USD / JPY bias remains bullish and is supported by an inclined level.Our pivot point stands at 101.75.- Preference: Long positions above 101.75 with targets 102.85 and 103.25.Alternative scenario: Below 101.75 opens the way to 101.25 and 100.4.Analysis: RSI is well directed.

[haderahmed2003]

I see the pair will go to down way to 101.33
stochastic refers that the pair will go down
so our target sell from 102.34 and our target will 90pips
Good luck

[Usman Ahmed]

Buy USD/JPY @ 102.50 SL 102.40 TP: 103.00

[Kerber]

Currency pair USD / JPY failed to build on the growth and now the quotes are near the level of 0% Fibonacci 102.75. Hence, expect prices rebound to the level of 38.2% Fibonacci which is the price 101.20. The MACD histogram is also reduced by 4-hour chart of the currency pair, confirming the weakness of bulls.

[brina]

usd/jpy market analysis on 16.05.13 by using : average directional movement index

adx : 28.9390
+di : 24.7738
-di : 8.7238

timeframe : 1 hour
time : 1200

[TomaSS]

USD / JPY is fully resumed northern trend repulsed from the bottom of the long-term channel is now forming a clear northern wave, goals today can become - 102.80 (the current local maximum), 103.30, the point of contact with the upper boundary of the channel.