Usd/Jpy

[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: 77.98

[amni570]

EURUSD drifting higher in stagnant trade, small short position looks valid at current levels, but with limited moves

[Irika]

It looks like the northern correction came to an end, formed Stochastic divergence and a sell signal, as a course could not be strengthened above the moving alligator and above 78.40 resistance and opened the sale, profit - the level of 77.50 + -.

[Marki]

The pair continues to trade within a converging triangle, yesterday there was a rebound from the top of a sloping boundary of the figure, today entered into a small pair of corrective phase, but at the end it will sell to the objectives of around 77.50.

[secret alibi]

The bias is bearish after prices falling below
MA200 on H1 chart, but we need another
consistent break below 77.80 – 78.00 area to
trigger further bearish momentum aiming
77.30 region. But overall I still prefer a bullish
scenario due to long-term bottoming process
and is oversold in the medium-term time
frame. On the upside, immediate resistance is
seen around 78.45 area, a clear break above
that area should change the intraday bias
back to neutral as direction become unclear in
nearest term.

Resistance Level : 78.45, 78.70, 79.20
Support Level : 77.80, 77.30, 77.15
Trading Range : 77.30 – 78.45
Trend : Bearish

[mahmoud mohamed tawfik]

long positions at 78.3740 with 78.5470 and 78.7260 as next targets

the break out of 78.2340 will call for arebound towards 78.0770

[alskndry]

USDJPY had touched and had been rejected by the support level at 78.19. Now, I think USDJPY is trying to test that support level again. If USDJPY can break that support, this pair may continue falling to the next support level at 77.70. But if fail to break, USDJPY will rejected again and rebound here.

[smart]

Conducted dollar against the yen attempts yesterday to break the retest level at 78.15, but it was not yet able to confirm, while stochastic continues negative pressure on intraday trading constitutes an incentive to return to the downward path.
We can not tipping downward trend certainly did not give us price daily closing below 78.15, and that's what keeps us on the sidelines now in order to monitor the disposal price for levels of 78.15 and 79.20

Expected trading range for today is between: Support 76.30 Resistance 79.00



General tendency is expected for today: neutral

[romannil]

Usd/jpy technical analysis for 09.10.2012 by using : Auto pivot indicator.

resistance 3:79.42
resistance 2:79.10
resistance 1:78.72

pivot point :78.40

support 1:78.01
support 2:77.69
support 3:77.31

[nurdiantofxwave]

USD/JPY for long term trend had shown sideways, but in short term, this shown in bullish trend. Until now price still in under weekly pivot level (78.43), whereas in some days ago, price is in upper this level. But after opening asian market ago, price move with positif sentiment and price able up until hold in daily pivot level (78.38).