Usd/Jpy

[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.

[dollar]

USDJPY has broken the support level at 78.19
I think USDJPY will fall today and the next target is at around 77.70 as the next support level of USDJPY

[d3d3]

BID PRICE 78.09
SIMPLE MA 5 78.11 SELL
SIMPLE MA 10 78.12 SELL
SIMPLE MA 20 78.16 SELL
SIMPLE MA 50 78.22 SELL
SIMPLE MA 100 78.23 SELL
EXPONENTIAL MA 5 78.11 SELL
EXPONENTIAL MA 10 78.12 SELL
EXPONENTIAL MA 20 78.15 SELL
EXPONENTIAL MA 50 78.19 SELL
EXPONENTIAL MA 100 78.23 SELL
RSI 14 41.3 NEUTRAL
STOCHASTIC 5,3,3 14.29 OVERSOLD
PARABOLIC SAR 0.02/0.2 78.18 SELL
MACD 12,26,9 -0.03 SELL
WILLIAM %R 14 -75 SELL

Support & Resistance
R3 R2 R1 P S1 S2 S3
78.52 78.4 78.26 78.14 78 77.88 77.74

USDJPY STRONG SELL
Last Update : 2012-08-01 06:02:50

[susanto]

couples who each go hand in hand is very difficult to predict because of the usd is growing and improving its economy as well as a new jpy rose from the tsunami that volatilits slightly

[copinedekatia]

the most likely scenario

the pair can move up to test the 1st resistance on 78.30
alternative scenario

the pair can move down to test the 1st support on 78.10

[misqeq]

No change in USD/JPY's outlook. Intraday bias in USD/JPY remains neutral as consolidation from 77.94 continues. Stronger recovery cannot be ruled out but upside should be limited below 79.13 support turned resistance and bring fall resumption. Below 77.94 should send USD/JPY through 77.66 low to 75.56/76.02 support zone.

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.

[marwa]

I see = the bearish trend still here (USDJPY) but with weak move after price now on near that support area (77.94). With this look = I see - it's better to just wait and see - then, we can sell again here after truly price can break more down to that strong support line (77.94), of course.

[sobusbd]

USD/JPY intraday: the downside prevails.
Pivot: 78.4
Our preference: Short positions below 78.4 with targets @ 78.05 & 77.9 in extension.

[zola18]

Provided dollar against the yen trading a negative yesterday and closed near 78.00, while preparing to provide stochastic signal bearish cross on the daily timeframe
Support 77.10
Resistance 79.20