Usd/Jpy

[redstar]

price move at narrow range, so at TF 4H create triangle simetric that if breakout can create new trend.
price move between range support : 78.00 and resistance : 78.80.

[nurdiantofxwave]

Price retraced up from weekly support 1 level (78.01) in this week. But price can not up strong and hold by weekly pivot level (78.43). This condition occure because there is up trend in long term.

[deka14]

Im not much of one for Technical Analysis but ive attached a pic here of a trend Ive been keeping an eye on. It is a daily chart and trend starts around April.
What are your thoughts on this descending triangle?
Seems nearly everytime 78 level is hit however that theres some strong buying going on.

[Bieela_cute]

USDJPY next week

Elliott: flat correction up 78.96
It should try higher up to 78.58 - 78.79. Entry point 78.37 or 78.17. After this rise, a correction is expected.
Warning: Harami
Technical points
Key point 78.4400
Entry point 78.2800
Elliott 77.4400
Closing 78.3900
Projection 79.2200
Trendline 78.0900
Trendline 78.2000
Supports / Resistances
Res 2 79.1800
Ex-High 78.7600
Res 1 78.7900
Pivot 78.3700
Sup 1 77.9700
Ex-Low 77.9500
Sup 2 77.5500

[hazem ahmed mohamed]

we have a resistance level on the daily chart @23.6% so i predict that USDJPY will move downward on the short term our target point will be@0%.

[winstead]

The main trend is moving down in price channel, prices seen moving in correction towards 78.50, then potentially bounce down the main trend to continue.

[forexking2]

usd/yen unable stability without resistance for the descending channel yesterday, positively influenced by stochastic and is now trying to bypass the MA 50.
This factor we're back to neutral in order to monitor the disposal price for levels of support 78.00 and resistance 79.20

[raihan8212]

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

USD/JPY was trading at 78.35, up 0.02% at time of writing.

The pair was likely to find support at 77.95, Thursday�s low, and resistance at 78.71, Monday�s high.

[Mr.Strong]

Trend is expected today: UP

District powerful Today: 78.30

The pair above 78.30 to buy the following objectives 78.50 and then 78.75

The pair down 78.30 for sale the following objectives 78.05 and then 77.80

[Marki]

Couple sandwiched inside converging triangle on the daily chart, while catching what or motion-dangerous occupation, must wait for a trend, which I think will start at the break of one of the edges of the triangle.