Usd/Jpy

[nurdiantofxwave]

After hma 32 crossed down hma 192 yesterday, price down strong until market is closed. This condition make price fell down until now. Monthly pivot point (78.08) become holding point for price. If price can break down this point, it predicted will down strong until formed a new lowest price in this week.

[Bieela_cute]

Dollar’s near term sideways trading is expected to continue and expect the Ichimoku cloud top (now at 78.48) to limit upside, bring another decline, below support at 78.09 would extend the retreat from 78.88 for a deeper correction of the rise from 77.44 to 78.00, however, support at 77.80 (last week’s low) should limit downside and bring another rise later. A break of the upper Kumo would bring retest of said resistance at 78.88, above there would extend recent rise from 77.44 to 79.00, then previous resistance at 79.23

[tradergalau]

The USD / JPY is currently trading in a downward channel with a resistance level 78.08 resistance1 77.78,
and support 78.20,support1 78.42

[Vamos]

Judging from the overall picture, USD / JPY forms tapering formation, shows that they formed a mini level at 78.40 and now the price goes down, I think that the pair is moving in the direction of 77 70 or 77 .50 .. but we'll see ...

[Irika]

Prevent further growth moving alligator from which also have a high probability and the resumption of the southern movement, hold a short position, still think that the decline will continue and its purpose will be 77.50.

[Marki]

It seems the pair found strong support for the bulls in the region of 200 sliding from her apparent reversal pattern formed by continued growth, the first goal is inclined (78.70) but have a feeling that it will be broken.

[VANDA_S]

On the H1 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
RECOMMENDATION: SELL
Take profit: 77.88

[smart]

The pair continues the dollar against the yen attempts to return to the descending channel, supported by Stochastic, while we remain constant in our neutral position to give us daily closing price below 78.10 to confirm this return.
In contrast, penetration 79.20 would be a positive signal may cause a shift in the path towards intraday rise.
Expected trading range for today is between: Support 76.30 Resistance 79.00

General tendency is expected for today: neutral

[kakpay]

As couples save haven, USD / JPY followed the euphoria downward trend occurring in other major currencies. And if you see a strengthening dollar higher than the yen. but the fact was reversed by the movement of the yen is much stronger than the dollar. can be concluded that the dollar and the yen are equally strong. In this pair on this morning looked sideways movement that is showing the occurrence of saturation for both buyers and sellers.

[romannil]

Usd/jpy technical analysis for 10.10.2012 by using : Auto pivot indicator.

resistance 3:78.74
resistance 2:78.60
resistance 1:78.43

pivot point :78.29

support 1:78.12
support 2:77.98
support 3:77.81