Usd/Jpy

[ardam]

Pair : USDJPY
Updated : Thu, May 02 06:06
Price : 97.29
Movement : -8.9 Pips
Movement : -0.09%

Support : 96.71
Pivot : 97.36
Resistance : 98.00

[forexgroove]

USD/JPY intraday: under pressure.

Pivot: 97.75
Our preference: Short positions below 97.75 with targets @ 96.95 & 96.55 in extension.
Alternative scenario: Above 97.75 look for further upside with 98.2 & 98.5 as targets.
Comment: the pair has struck against its resistance and should face further weakness.

[GunDuL]

see movement in the market USDJPY H4 timeframe seems still sideways in the area Fibonacci 0% and 23.6%. when it penetrates 0% Fibonacci point or support it in the estimate will reach the point of long term fibonacci 50%.

[pops]

As you can see in the chart that the price is moving above the pivot point now.
It is a good idea to buy at this stage with take profit just below the Resistance 1 at 98.00 and stop loss just below the support 1 at 97.90

[koky90]

in the chart 1h we can see the pair will go to up way in the
future
I see the pair will go to 97.18
I expect from this analyze that the price will go to down way
so sell from 97.54 to 97.18


good luck

[assouma]

Intraday bias in USD/JPY remains mildly on the downside consolidation from 99.94 extends. But downside should be contained by 95.74 and bring rebound. An eventual upside breakout is expected and break of 100 should send USD/JPY to 161.8% projection of 77.13 to 96.70 from 92.56 at 104.65 next.

In the bigger picture, whole decline from 124.13 should have already completed at 75.56. Stronger medium term rally could be seen back towards 101.65 key support turned resistance level. We'll see how USD/JPY responds at around 100 to judge the underlying medium term momentum for stronger up trend. Sustained break there should at least push USD/JPY through 61.8% retracement of 124.13 to 75.56 at 105.57. Meanwhile, break of 92.56 support is needed to be the first sign of medium term topping. Otherwise, we'll stay bullish.

[aliv]

whereas for USDJPY currency pair today are still in the pivot area would allow for moving in both directions, up or down will be seen when the price touched 97.72 then it is a great position to start a buy order, and if it comes down to the 97.32 area is the area good to sell,

[VANDA_S]

On the hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI line cross above the 50 area, indicates the trend is still up
Recommendation: BUY
Take profitt: 98.64
Stop Loss :96.40

[mitali277]

Usd/jpy pivot levels by using fibonacci pivot indicator.

r3: 98.67
r2: 98.23
r1: 97.96

pivot : 97.52

s1: 97.09
s2: 96.82
s3: 96.38

[noga mansour]

Pivot levels today:
R3: 99.21
R2: 98.66
R1: 98.09
PP: 97.54
S1: 96.96
S2: 96.41
S3: 95.83
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 95.83.