Usd/Jpy

[Pioner3]

\\\\pair again came to the strong resistance of 78.88 which repeatedly went to the south, while waiting for the consolidation of sales, but if all the same course will be able to overcome this level, then you should forget about sales.\\\\

[raihan8212]

The U.S. dollar climbed to a one-week high against the yen on Monday as concerns over a slowdown in global economic growth eased following encouraging Chinese data, but gains were limited as uncertainty over a Spanish bailout persisted.

USD/JPY hit 78.66 during European morning trade, the pair�s highest since October 8; the pair subsequently consolidated at 78.53, gaining 0.12%.

The pair was likely to find support at 78.32, the session low and resistance at 78.86, the high of October 5.

China posted better-than-expected trade data over the weekend, with official data showing that the trade surplus unexpectedly widened in September as export demand increased, easing concerns over a slowdown in the world�s second largest economy.

Investors remained cautious after Spain did not request financial aid over the weekend, disappointing some market expectations and a request for a bailout is now seen as unlikely ahead of regional elections on October 21.

Elsewhere in the euro zone, Greek Prime Minister Antonis Samaras said Sunday his country was facing the �last hurdle� before recovery and expressed confidence that the government will reach an agreement with international creditors ahead of Thursday�s European Union summit.

[kakpay]

Technical Analysis For Short-Term (Short Term: 1-7 days) 40% Buy
trendspotter sell
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator sell
20 Day Bollinger Bands hold

Technical Analysis for the Medium Term (Mid Term: 2-4 Sunday) 25% Buy
40 Day hold commodity channel index
50 Day MA VS Price buy
20-100 Day MACD Oscillator
sell
50 Day parabolic time / price buy
20-50 Day MACD oscillator sell

Technical Analysis For Long Term (Long Term: 1-3 Months) 67% Sell
60 Day hold commodity channel index
100 Day MA VS Price sell
50-100 Day MACD oscillator sell

[forexking2]

We note that the breach of 79.20 will pay the price initially about the levels of 80.70, while break of 77.95 will put price within the descending channel again.

[Miki]

USD / JPY pair has come close to the sloping resistance level (upper limit of converging triangle), I expect out of it and break the line going to buy in order to 69.60.

[forexking2]

Expected trading range for this week between: Support 76.30 Resistance 80.70
General tendency is expected for this week: neutral

[ispgamer]

Although USDJPY only moved in flat movement on the last Friday, I think the tendency of USDJPY still in bullish sentiment. Now, I think USDJPY will reach the resistance level at 78.61. Then, we can see the price action there to determine the next trade decision. If USDJPY can break that resistance, this pair will continue going up to the next resistance level at 79.16. But if fail to break, USDJPY may makes a reversal movement there.

[forexking2]

the pair shows some tendency upward away from the descending channel's resistance previously breached, where affected positively Stochastic, while still our neutral stand in the long intraday, as the price needs to go beyond a level pivotal between support 77.95 and resistance 79.20 to assure usnext destination.

[romannil]

Usd/jpy technical analysis for 15.10.2012 by using : Auto pivot indicator.

resistance 3:78.84
resistance 2:78.69
resistance 1:78.57

pivot point :78.43

support 1:78.31
support 2:78.16
support 3:78.04

[Bieela_cute]

Elliott: irregular flat correction up 78.83
Our preferred view is for a drift down to 78.27 or below 78.16. Resistances is at 78.35. A rise above 78.52 would delay but not abort this expected fall.
Warning: Harami
Technical points
Key point 78.5200
Entry point 78.4900
Elliott 77.9500
Closing 78.3900
Projection 78.5900
Trendline 78.2900
Trendline 78.6300
Supports / Resistances
Res 2 78.6500
Ex-High 78.5400
Res 1 78.5200
Pivot 78.4000
Sup 1 78.2700
Ex-Low 78.2900
Sup 2 78.1600