Usd/Jpy

[ashaab]

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 78.50 and key resistance at 81.05. Based upon my chart analysis, I prefer to buying the pair around 79.50 with target 81.05 and stoploss is below 78.60.

[romannil]

Usd/jpy technical analysis for 31.10.2012 by using : Auto pivot indicator.

resistance 3:80.94
resistance 2:80.55
resistance 1:80.07

pivot point :79.67

support 1:79.20
support 2:78.80
support 3:78.33

[suzonbmw]

Yes i agreed with you, that when we history it falling down only. 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.you are right due to japan earth quake its fall many pips..but now we can see little bit improvement near 80.16..and once again this pair at this price level so we expect little bit more improvement.

[nurdiantofxwave]

Usd/jpy starting to show sideways condition after yesterday it could retraced up more than 20 pips. Price still move not far from daily pivot level (79.67). But, price predicted will go down today, because usually, retracement up that occured is first step to back down.

[raihan8212]

The dollar was also lower against the yen, with USD/JPY down 0.27% to 79.58 after fresh easing steps by the Bank of Japan disappointed market expectations for more aggressive measures.

The BoJ increased the size of its asset purchase program by JPY11 trillion at Tuesday�s policy meeting, amid concerns over the deteriorating economic outlook and growing political pressure to step up measures to combat deflation.

[najmul.djd]

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

adx : 24.6828
+di : 24.6172
-di : 13.5208
timeframe : 1 hour

time : 1800
date : 30.10.2012

[raihan8212]

The dollar was also lower against the yen, with USD/JPY down 0.27% to 79.58 after fresh easing steps by the Bank of Japan disappointed market expectations for more aggressive measures.

The BoJ increased the size of its asset purchase program by JPY11 trillion at Tuesday�s policy meeting, amid concerns over the deteriorating economic outlook and growing political pressure to step up measures to combat deflation.

---------- Post added at 10:42 PM ---------- Previous post was at 10:27 PM ----------

The U.S. dollar was broadly lower against its major counterparts and close to a one-week low against the yen on Monday, after easing measures by the Bank of Japan underwhelmed investors, while market sentiment found some support after the initial damage caused Hurricane Sandy appeared to have been less severe than some had feared.

During European afternoon trade, USD/JPY was down 0.35% to 79.52 after fresh easing steps by the BoJ disappointed market expectations for more aggressive measures.

The BoJ increased the size of its asset purchase program by JPY11 trillion at Tuesday�s policy meeting, amid concerns over the deteriorating economic outlook and growing political pressure to step up measures to combat deflation.

[hodhod2000]

The trading range for today is among key support at 78.50 and key resistance now at 81.05.

The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact.

[Robi]

Yen a few hours ago, there was a retreat from the bottom of the channel, now the pair began to form a new wave of North, the potential for growth there, the course can easily go to the upper boundary of the channel-level 80.00.

[hictor23]

USD/JPY
BUY
Entry :- 79.760
TP1 :- 80.231
TP2 :- 80.702
SL :- 78.823

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