Usd/Jpy

[suhermanto]

By jpy seems planned change of trend, bulls have significantly lost their fervor and bears are becoming stronger, cost only analyze the time schedule, there is a noticeable shift down the resistance level (first 84.60 then 84.43 and now 84.15) price closer and closer to the support tighten 83.88 (the lower zone of fractals) - breakout last add another sale.

[woi]

;i do really love tthe trend with this piar of curency that i am trading this is why i am here to make money and be very serious having this pair does give me enough.

[Irika]

None of what the South is not out of the question, the couple made ​​a sharp rebound from the bottom of the bullish channel, MASD also showed the northern light, the trend continues to the north, the target may be the current maximum is 84.60 but it seems that the upper boundary of the channel can be reached.

[Alex]

By jpy seems planned change of trend, bulls have significantly lost their fervor and bears are becoming stronger, cost only analyze the time schedule, there is a noticeable shift down the resistance level (first 84.60 then 84.43 and now 84.15) price closer and closer to the support tighten 83.88 (the lower zone of fractals) - breakout last add another sale.

[Boran7]

Pair formed a converging triangle, today there was a retreat from its lower boundary but still consider buying a little dangerous as bearish triangle (upper lower and lower highs and lower) and most likely it will break the lower boundary of the shape-support 83.89 (this will sell to the objectives about 83.20).

[Ravi77]

USD/JPY pair price is come back from support 84.01 but the bearish is still strong here. So, expect it going down again after retracements. Target is expected at 83.90.

[dollar]

Today’s technical analysis
Resistance 3- 85.16
Resistance 2- 84.80
Resistance 1- 84.59
Pivot point- 84.23
Support 1- 84.02
Support 2- 83.66
Support 3- 83.45

In h1 time frame price is again making double bottom so may be there is possibility that it will break this pattern. short at 83.85 and take profit is 83.66

[erespe]

The pair is breaking support level 84.00, it is possible to continue down towards 83.64, after that USDJPY will likely bounce up to correction.

[brac]

I think all time low record is around 76, not around 78.88. Some 20 yrs back, price was more then 300, around 10 years back price was around 150 and now 80, maybe after 5 yrs price goes to 50.

[winstead]

USDJPY made marginal new highs above its recent high at 84.48 yesterday. Monitor the support at 83.61, as a break would open the way for a deeper correction. The general overbought conditions favour a short-term phase of weakness. USDJPY is likely in a long-term bottoming process. The break of the key resistance at 80.62 opens the way for further medium-term strength.