Usd/Jpy

[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.

[hyusenpa]

today USDJPY will be ranging after bullish attack week yesterday. we can see the support at 83.88 and the resisten at 84.60 . This pattern make bullish continuation, so that better looking for lower price to take long position.

[aabi]

dear let me explain more about this pair because i do trade daily in many pairs and dear listen this pair is cousin of eur.usd and at this time it have rise value 84.24 and dear this is good support time it may go down after one week .

[sulasih]

I think USDJPY will rise to resistance level at 81.79.

4H downtrend line was broken and retested so I think it is going to go upward.
What is more RSI is around 50 so it is not overbought.

Good luck

[Alex]

\\\\\Pair up again north trend, an attempt to break through the lower zone of the fractal-83.88 support failed, and the bulls again resumed the attack and began to develop the northern stochastic signal, now the pair has moved beyond the sliding alligator that gave an additional signal to the north, at the break of 84.60 local maximum (upper area of the fractal ) plan to buy more.````

[genjer fx]

Pre-Signal Analysis: be bearish
Recommendation: for price movement below 84.02 23.6 fib = yes ... we are looking for the best sell gold

[hamza661]

USD/JPY is consolidating with risks skewed lower after hitting 20-month high of 84.62 on Wednesday, as markets await Bank of Japan's monetary policy meeting decision- JPY would rally if BOJ does not boost its asset purchases or give lip service to Prime Minister-elect Shinzo Abe's idea of increasing its inflation target to 2%. USD/JPY is undermined by selling of yen crosses amid increased risk aversion (VIX fear gauge rose 11.62% to 17.38, S&P fell 0.76% overnight) as latest news from Washington suggested a setback in budget negotiations--White House said President Obama would veto a tax and spending plan proposed by House Speaker John Boehner, leading Mr. Boehner to warn of the "biggest tax increase in history." USD/JPY is also weighed by Japan exporter sales. But USD/JPY losses tempered by demand from Japan