Usd/Jpy

[amnag]

today i like to sell this pair @ 97.95
my stop loss of the day @ 95.17
my half take profiit @ 97.55
and half @ 97.34

[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 stands below its new resistance and remains under pressure.

[Lily]

A pair of usd / jpy pop is still under strong bearish pressures, green moving perfectly acts as a sloping resistance also significantly offset fractals to the south, a pair of clamp to the 97.00 figure breakthrough which will open 96.40 and 95.90.

[Nortigo]

Continue to keep medium-term sales, a couple on the hourly chart has formed a converging triangle upper limit of which is a little stronger, the trend remains bearish, so even one sale going to open a breakthrough on the fact that the 97.00 figure should give impetus to 96.60 and 96.30.

[GunDuL]

see USDJPY market movements in the current H1 timeframe really vulnerable moment. because it could be two possibilities between up and down between 2 pieces of trendline. see the movement seems to still be blocked at the 38.2% Fibonacci point. should we wait for one of the trendline break it in first.

[noga mansour]

Pivot levels today:
R3: 98.37
R2: 98.02
R1: 97.71
PP: 97.36
S1: 97.04
S2: 96.70
S3: 96.38
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 96.16.

[pops]

Now the price is moving below the pivot point as you can see in the chart.
At this stage I will sell with take profit just above the Support at 97.05.00 and stop loss at 25 pips level.

[assouma]

With 98.20 minor resistance intact, deeper decline is still in favor as consolidation from 99.94 extends. But downside should be contained by 95.74 and bring rebound. An eventual upside breakout is still expected. Above 98.20 minor resistance will turn bias back to the upside. 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.

[gbp]

time frame- M30
the price is moving in the channel pattern. the pivot point is also acing as resistance at the 95.35 and here price is making doji pattern. we can long if this resistance is break to the target at 98.00 and stop loss at the 96.50
good luck

[Theresia]

bullish tendency are shown by two histograms from Accumulated Oscilator (AO), and Gator Oscilators which are positive value but Relative Vigor Index (RVI) is still indicating downtrend so pair is still in step by step bullish from 97.35 because after several days this pair only moves above 97.00 it means this bullish power is strong enough then pair is still in sideway near high level