Usd/Jpy

[ahmed fakhry]

The USD / JPY pair fell to Y82.36 during the Asian session, retreating from the previous day's high. This fall of currency on the European session was caused by speculations that on the Japan elections next month the power will go to the opposition party, which advocates for more aggressive easing of monetary policy. The USD / JPY pair established a maximum at Y82.83 level.

[Bieela_cute]

Scenario for today
Elliott: impulse wave up 82.65
A corrective rise should ideally test 82.78 or even higher than 83.10. Supports are at 82.30. Stop loss below 81.95 zone.
Technical points
Key point 82.7400
Entry point 82.6100
Elliott 79.0800
Closing 82.4700
Projection 82.6500
Trendline 82.2800
Trendline 82.8700
Supports / Resistances
Res 2 83.1000
Ex-High 82.8400
Res 1 82.7800
Pivot 82.5200
Sup 1 82.2100
Ex-Low 82.2600
Sup 2 81.9500

[tradergalau]

The USD / JPY pair fell to Y82.36 during the Asian session, retreating from the previous day's high. This fall of currency on the European session was caused by speculations that on the Japan elections next month the power will go to the opposition party, which advocates for more aggressive easing of monetary policy. The USD / JPY pair established a maximum at Y82.83 level.

[mohamedsalah]

USDJPY has broken 82.44 level. Now, USDJPY is in down direction and may makes some correction movement to the lower support level at around 81.96. But if USDJPY can rise and break 82.44 level again, there's possibility of USDJPY to go up again and reach the next resistance level at around 82.98

[mossabfx]

usd/jpy support & resistance 23/11/2012
S3 81.68 S2 81.88 S1 82.09
R1 82.68 R2 82.88 R3 83.09
MOMENTUM(10) :buy
ROC(10) :buy
MACD(26,12,9) : natural

[romannil]

Usd/jpy technical analysis for 23.11.2012 by using : Auto pivot indicator.

resistance 3:83.40
resistance 2:83.12
resistance 1:82.81

pivot point :82.54

support 1:82.23
support 2:81.95
support 3:81.64

[poncoez]

USD / JPY traded at Extreme Overbought Territory

Former Japanese Prime Minister Shinzo Abe said on Wednesday that he wants to spearhead the economic recovery and to strengthen the Japanese military if his party get control back in next month's elections.

Abe promised that nominal economic growth will reach 3 percent through an intensive reform program over the next five years. He also set an inflation target of 2 percent, and he also promised to use bold monetary policy in order to reduce deflationary state.

While continuing U.S. economic recovery seems to work encouraged the business community to increase manufacturing activity. This is evident from the continued expansion of the manufacturing sector in October. The manufacturing index reached 52.4; higher than the predicted 51.2 and 51.0 points in September publications.

USDJ / PY has rallied above the 200 DMA and looks as seen in the graph H4.

The momentum has faded and the MACD has formed a negative divergence. In the pattern of RSI USD / JPY has been trading in extreme overbought territory and have formed a negative divergence.

[FREEDOM]

Fibonacci lines in H1 time frame :
0.0 : 82.25.
38.2 : 82.47.
61.8 : 82.61.
76.4 : 82.69.
100.0 : 82.83.
FE 38.2 : 82.03.
FE 61.8 : 81.89.
Scenario : the price could reach FE 38.2 AND next target is FE 61.8 or 76.4 for bearish trend.

[sheila]

Support: 81.94
Pivot: 82.51
Resistance: 83.08

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for USDJPY 80% Buy

[mszman]

TODAY TECHNICAL LEVEL: Resistance 3: 82.89.Resistance 2: 82.73.Resistance 1: 82.56.Support 1: 82.36.Support 2: 82.20.Support 3: 82.03. DESCRIPTION: Please pay attention to the level of Support. 3 (81.03 and Resistance. 3 (82.89). Generally, when these levels is achieved, USD / JPY is to rebound from the previous level of minimum 10 to 20 pips, but if the levels successfully