Usd/Jpy

[Marki]

the main point from which you can catch the movement I think will be the bottom line is sloping channel, which is sent to the course, a couple of late is very quiet and I do not think she would be able to break 78.00.

[ashaab]

The short term trend of the pair is to the upside. Intraweek trading range of the pair for this week is among major support at 77.00 and major resistance at 80.00. Based upon my chart analysis, I prefer to buying the pair around 78.30 with target 79.90 and stoploss is below 77.60.

[dollar]

USDJPY has been rejected by the resistance level at 78.61
I think USDJPY will fall and may reach the support level at 78.19
But if USDJPY can break the last Friday's high at 78.76, USDJPY may go up to the next resistance level at 79.16

[Orel]

The dollar yen continues to consolidate in a narrow range.

This currency pair is completely ignored issues in Europe. We continue to consider the former scenario for the reduction and refinement of objective 77.60.

With the breakdown of the level of 78 sales increase. Then - out of the market and expect a reversal in market growth.

[Gutsalo]

The Japanese currency continued to walk in sideways from the 78.80 resistance level ... I think in this situation is very bad working stochastics, so now expect to reduce back to previous lows couples ...

[Gutsalo]

Benign morning. Couple all still flat. This motion is also visible on other currency pairs that are traded with the Japanese yen. Will soon see what a good move in either of the parties, as flat for quite some time following the trend will last long.

[ladyheart]

Intraday trading signal.

Usdjpy m60.

Bull price has broke above the upper trendline.
The 1st target is at 77.83.
You mat set your take profit at that level or use trailing stop.

[Rozumovski]

In spite of the strong movement of the dollar either side of a pair of runs with the Japanese currency in peace in the hall 78.65 - 77.90 while maintaining the trend of the south, so I think these price levels will determine the fate of a pair of ...

[dollar]

This pair has broken 1 hour trendline support and trend is solidly bearish on both 1 hour and four hour timeframes, NFP should determine this if it is positive we could see a stronger usd and next destination will be around 78.46

[misqeq]

The breach of 77.94 argues that recent fall from 80.61 might be resuming. Intraday bias is cautiously on the downside for a retest on 77.66 low. However, downside momentum is not too convincing for the moment. A strong rebound and break of 78.67 resistance will in turn argue that a short term bottom is formed and will bring further rise back to 79.13 and above.

In the bigger picture, firstly, there is no sign of reversal in USD/JPY yet and the larger down trend from 124.13 is still expected to continue. Nonetheless, consolidation pattern from 75.56 should extend for a while below 85.51 first. In anyway, we'd stay bearish as long as 85.51 resistance holds and expect an eventual downside breakout.