Usd/Jpy

[bundu]

since 30 October 2012, UDS / jpy start rising trend, has successfully passed the 80.13 resistance and possibly now going towards 80.47 resistance, and if successful a break that level, then usd / jpy will likely be to the level of 80.61 ..

[tradergalau]

I think USDJPY is trying to touch the resistance level at 80.31 now. Then, if USDJPY can break that resistance level, I expect USDJPY will continue going up today and may reaches the next resistance level at 80.86. But if fail to break, look the 26th October's high, USDJPY may forms a double top pattern and it will be a good reversal signal. If that happens USJPY will reverse and fail to continue the up trend.

[Bieela_cute]

Elliott: elongated flat correction up 80.58
Currently uptrend should end around 80.43 - 80.31 area. A correction down to below 79.89 is expected. A rise above 80.47 will abort the expected correction.
Warning: Imminent end of bullish move
Technical points
Key point 80.3100
Entry point 80.1200
Elliott 79.2800
Closing 80.1500
Projection 80.6800
Trendline 79.8400
Trendline 80.0400
Supports / Resistances
Res 2 80.4700
Ex-High 80.2100
Res 1 80.3100
Pivot 80.0500
Sup 1 79.8900
Ex-Low 79.7800
Sup 2 79.6200

[najmul.djd]

usd/jpy technical analysis by using : average directional movement index

adx : 45.1741
+di : 28.3636
-di : 7.4379
timeframe : 1 hour

time : 2000
date : 01.11.2012

[winstead]

USDJPY has formed a cycle bottom at 79.27. Further rise to test 80.37 resistance could be expected, a break above this level indicates that the uptrend from 77.43 has returned, then a further increase to the 81.00 area.

[forexking2]

Expectations remain positive, supported by the moving average also 50, to target levels of 80.70 first, then 81.70, while achievable requires stability above 79.20

[Hammersonic]

Failure to pass back double top 80.13, USDJPY seems to be turned down again tried to penetrate the 79.98 level again.
The success of penetrating 79.98 then the next target in the near future is the 79.75 level,
but if you persist in this area is likely to rebound back to test 80.13 resistance.

[great white]

USDJPY has formed a cycle bottom at 79.27 on 4-hour chart. Further rise to test 80.37 previous high resistance could be expected, a break above this level will indicate that the uptrend from 77.43 has resumed, then further rise towards 81.00 area could be seen. Initial support is at the lower line of the price channel, and the key support is at 79.27, only break below this level will suggest that the uptrend from 77.43 has completed at 80.37 already, then the following downward move could bring price back to 77.00 zone.

[hodhod2000]

Focus in USD/JPY remains on 80.12 minor resistance. Break will indicate that the correction from 80.37 has completed and will turn bias back to the upside. In such case, recent rally from 77.13 should be resuming for 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65). Before that, another fall could still be seen as correction from 80.37 extends. But we'd expect downside to be contained above 78.86 support (61.8% retracement of 77.93 to 80.37 at 78.86) and bring rally resumption eventually.

[hictor23]

USD/JPY
BUY
Entry :- 79.860
TP1 :- 80.270
TP2 :- 80.680
SL :- 79.044

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend