Usd/Jpy

[winstead]

Upward movement USDJPY extends to as high as 80.00. Support is at 79.50, as long as this level holds, uptrend could be expected to continue, and next target would be at 80.50 area.

[forexking2]

The trading range for today is among the key support at 77.50 and key resistance now at 81.00.
The general trend over short term basis is to the upside targeting 87.45 as long as the levels of 75.20

[forexking2]

Recent break to the level of 79.20 makes us keep our expectations to rise further which aims to test the intraday level of 80.70 initially, and break open the door to further rise towards 81.75 as next major station.

[hictor23]

USD/JPY
buy
Entry :- 79.920
TP1 :- 80.317
TP2 :- 80.716
SL :- 79.128

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

[turabawan8]

23/10/2012 USD/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 79.65

Our preference: LONG positions to target with 79.7 to 80.1 and 80.35 in extension.

Alternative scenario: Below 79.65 we expect further downside with 79.4 and 79.1 of the target.

Technical Comments: the RSI is to support further uphill.

[ahmed fakhry]

The USD / JPY pair grew up at the Asian session after during the weekend Economy Minister of Japan Mr. Maehara in an interview on the local TV channel Fuji urged monetary authorities for further stimulation of the Japanese economy, warning of possible down****e the credit rating of the country. After the publication of current data of exports volumes of Japan, which significantly reduced to the maximum values of the year due to the earthquake in the country, the yen fell again against its competitors. The fact has reinforced the expectations that the central bank will decide soon to expand the asset purchase program. The exports from Japan in September fell by 10.3% in year to year time frame from the August values of decrease by 5.4%. Also, the report on trade balance for September, where the deficit widened to 980.3 billion yen and did meet the expectations of analysts, was as a further evidence of deterioration of the country economic perspectives. The USD / JPY pair was able to climb to Y79.87 area at the European session.

[Alex]

The couple began yuzhnoyu correction after yesterday's strong growth practicing signal MASD, the end of correction, I expect support around 79.40, on the way to her emptiness + is the closest level from which you can easily make purchases /.

[Macintosh]

Yes indeed couple went even further to the top, and now op 30 min chart shows that they formed something like a head and shoulders, like trying to break down, but so far just ask ... but still go down if I think 79.40 will be a good support ..

[poly]

On the heels of massive Yen rally in summer 2007, later named by main stream press the "unwind of the carry trade",we published an article about anticipated direction of GAP-JOY. For details please see previous writing "Trading Forex- GAP-JOY outlook".

[Bieela_cute]

Elliott: exagerated impulse wave up 80.17
Uptrend is still intact in a triangle configuration. It should continue to rally to 80.11 or 80.20 if support around 79.71 hold. After which a pullback to 79.71 - 79.58 zone is possible.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 80.3000
Entry point 79.7000
Elliott 78.6200
Closing 79.9400
Projection 80.1700
Trendline 79.3700
Trendline 79.4200
Supports / Resistances
Res 2 80.4500
Ex-High 79.9600
Res 1 80.2000
Pivot 79.7100
Sup 1 79.4500
Ex-Low 79.2200
Sup 2 78.9600