Usd/Jpy

[raihan8212]

The U.S. Dollar was lower against the Japanese Yen on Friday.

USD/JPY was trading at 80.04, down 0.32% at time of writing.

The pair was likely to find support at 79.22, Monday�s low, and resistance at 80.38, Thursday�s high.

[alskndry]

USDJPY has touched the 80.31 resistance level and it seems will be rejected by that resistance. But, I think the up trend still strong enough. If USDJPY can break that resistance level, I expect this pair will continue going up more higher and the next target is at around 80.86 resistance level

[hodhod2000]

The trading range for today is among key support at 77.60 and key resistance now at 81.50.
The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact.

[ahmed fakhry]

The USD / JPY pair rose to a new high of Y80.20 during the European session. The yen weakened against all major currencies in anticipation of the next meeting of the Bank of Japan, which will take place next week. The weak economic data from the country put pressure on the Bank of Japan, which at the upcoming meeting will likely to reduce the economic outlook and may announce further easing of its monetary politics. The government of Japan plans to add about 200 billion yen ($ 2.5 billion) in economy, without going into the details of the source of these funds.

[adikutta]

USDJPY continued it's bullish
momentum earlier today slips
over 80.00. The bias remains
bullish in nearest term testing
80.50 or higher.

[Andra FX]

The movement of USD / JPY today is expected to occur breakout from sideway area from 79.69 to 79.95. With the U.S. Dollar which tends to be favored, then the chances of a break-larger high. With the increase in the target logical USD / JPY today would be possible to reach the area above the level of 80.00 yen to the range of resistance that formed the area from 80.21 to 80.55.
While the potential for movement down the USD / JPY only be indicated if the movement could fall through the lower area of ​​the lower-sideway 79.69, the target reduction in the USD / JPY is the next area of ​​support in the range of 79.40 -79.17

[romannil]

Usd/jpy technical analysis for 26.10.2012 by using : Auto pivot indicator.

resistance 3:81.13
resistance 2:80.75
resistance 1:80.53

pivot point :80.14

support 1:79.92
support 2:79.53
support 3:79.31

[raihan8212]

The U.S. Dollar was lower against the Japanese Yen on Thursday.

USD/JPY was trading at 80.27, down 0.04% at time of writing.

The pair was likely to find support at 79.22, Monday�s low, and resistance at 80.38, today�s high.

[nurdiantofxwave]

USD/JPY continued strenghthening position since yesterday. Price success break up weekly ressistance 2 level (80.17). Trend for medium and long term also look up. this can add support for price to go up again in this day. Signal stochastic in tf h1 and m 30 also shown in oversold area, so price predicted will rise strong.

[Bieela_cute]

The USDJPY rallied after consolidating for 2 days. To review, price formed a “JS Thrust (JST) day Monday. JST days are useful in establishing reference points to trade from, especially at high risk levels (like now) where being bullish feels like chasing. The last 4 bullish breakout bars (daily) are Monday, 8/16, 6/21, and 2/9. The only one that worked was 2/9 although it worked amazingly. This is why 7920 is so important.” Levels to keep an eye on moving forward are 8064 and 8150.

FOREXTrading Strategy Implications: Market risk is higher but still against 7921. One cannot dismiss a drop below 7969 before bullish continuation as per near term wave structure.

LEVELS: 7886 7921 7969 8065 8100 8148