Usd/Jpy

[VANDA_S]

Analysis based on the TF today H1
Price Action is above the MA 200, the best option is to buy
CCI is above 200 level 0, the best option is to buy
Target: 84.35 resistent today
SL: 83.01

[jawaid123]

I told you I was rolling the dice and that was about the only thing I got right. Anyway had my short stops in so didn't get hurt too much. On the daily that was ~160 pip run up so it will need to go down a bit to position for a buy. Monthly indicators show a big trend on the up--monthly's doesn't help too much for trading but does give an overall direction. It will probably test the 111.xx area.

[mhmh2003]

The pair was able to penetration of the resistance for the sideway range shown on the attached chart at 82.80, now it is testing a force barrier of 83.45 which represent the most important short-term uptrend level.
We now expect that the upward trend would continue, but with the achievement of the two major conditions, the first break of 83.45 to open the way to 85.60, and the second stability above 81.70
Expected trading range for today is between: Support 82.80 Resistance 85.60

General tendency expected for the day: UP

[dollar]

Time frame H1-
in H1 time frame we can see that price break it resistance at 83.53 but not able to make continue in up direction price again falling and hit 83.30.
trading is in the direction of break out direction. as per my analysis we can see the break out in down side we can short this pair at 83.20 and take profit is near 82.80

[ahmed fakhry]

The pair continues rising and aiming to 83.933.
Resistance: 83.933, 84.866, 85.960
Support: 83.065, 82.219, 81.399

[santiika]

Daily Pivots: (S1) 82.73; (P) 83.01; (R1) 83.54;

USD/JPY rises to as high as 83.63 so far today and is gaining strong momentum. Intraday bias remains on the upside and current rise from 77.13 should now target 84.17 key resistance level next. We'd be cautious on topping signal after USD/JPY breaks this resistance. But after all, break of 82.11 support is needed to be the first sign of near term reversal. Otherwise, we'll stay bullish.

In the bigger picture, rise from 77.13 is viewed as a leg inside the consolidation pattern from 75.56. Such rally could extend to 84.17 and above. But after all, there is no clear indication of long term trend reversal yet. As long as 85.51 resistance holds, we'd expect the downside from 124.13 to resume sooner or later to a new low below 75.56.

[secret alibi]

After a sideways consolidation, USDJPY breaks above 82.83 resistance and reaches as high as 83.43,
suggesting that the uptrend form 79.07 has resumed. Further rise could be expected after a minor consolidation,
and next target would be at 84.00 area. Support is at 82.85, as long as this level holds, the uptrend will continue.

[ahmed fakhry]

The yen fell 0.25% to Y82.78 level against the U.S. dollar after the Japanese government informed of the launch of rockets from North Korea around 9:49 am on Japan time. The rocket headed south, passing Okinawa and fell into the sea east of the Philippines. During the European session the yen continued to weaken falling to its lowest level in more than eight months against the dollar amid the speculation that the central bank of the U.S. and Japan will conduct measures to support their economies. The issue caused reducing of the demand for safe haven assets. The USD / JPY pair rose to Y82.93 level.

[forexking2]

the price now on was move on near that so strong supply zone (83.25). So, just wait and see for the price candle reaction . it's more better action for now.

[niknik]

No change: “Trade since 8283 may compose a triangle. Friday’s FX Technical Weekly provides a detailed look at what may be going on longer term. Near term, the 4th wave interpretation suggests a terminal thrust higher through 8283. Watch 8356 for a reversal.”

FOREXTrading Strategy: Continue looking higher. I expect a reaction at 8356 if reached. Risk on longs is now 8211 and 8283 (former resistance) is probably support.

LEVELS: 8230 8255 8283 8356 8117 8500