Usd/Jpy

[chama]

this pair of currency is very hard to predict his movement although the economic idicators from japan is too bad so i think in the close future this pair is giong up till 79.56

[Jobs]

yes this is breakthrough for the Japanese currency, there seemed to consolidate above 78.70 ... and should be ... but then rise against the Bears ... so with such aggressiveness I'm not sure that the level of 78.00 will keep a couple ... so it can be renewed downtrend on daily chart ...

[Tyler7]

Today, for this pair is clearly visible in the downstream channel which is now trading course, I do expect to continue forming the southern waves to the lower slope of the channel, from which are going to catch the northern wave....

[Tyler7]

For this pair is clearly visible in the downstream channel which is now trading course, I do expect to continue forming the southern waves, the lower slope of the channel, which is going from north to catch the wave.

[hazem ahmed mohamed]

i think that we should sell USDJPY now as we have a resistance level on the H1 chart @38.2% so i predict that this pair will move downward on the short term our target point will be@50%.

[Emma]

The pair is trading within Ichimoku cloud, and is in a corrective phase, completion of which is expected around the level of 79.11 (Ceiling), fixing a lower figure of 79.00 will change the trend to the south.

[alley]

Remains in near-term corrective mode off 79.65, 20 Aug fresh high, where daily Ichimoku cloud capped the upside action. Temporary footstep was found at 79.15, marked as ideal reversal point, along with 79.00/78.90 zone, Fib 38.2% / 50% of 78.15/79.65 and 55 day EMA. However, still negative structure on hourly and indicators pointing lower on 4h chart, keep the downside vulnerable. From the other side, clear break above 79.65 is seen as a trigger for test of 80.00.

Res: 79.52, 79.65, 79.94, 80.09
Sup: 79.15, 79.08, 79.00, 78.90

[Opplus]

USD/JPY's consolidation below 79.65 temporary top continues and intraday bias remains neutral. Downside of retreat is expected to be contained above 78.78 minor support and bring another rise. Fall from 80.61 is finished at 77.90 and above 78.65 will target 79.96/80.61 resistance zone. Note that current development doesn't warrant the case that fall from 84.17 has reversed. And hence, we'll be cautious on topping signal at around 80.61.

[Gutsalo]

Well, the short-term chart pair broke through the top line of the rollback, so I think that the movement of the top of the renewed ... and the first goal of the day in 79.65 ... with growth opportunities and higher, up to 80.00 ....

[Opplus]

Intraday bias in USD/JPY remains neutral for the moment and some more consolidations would be seen below 79.65 temporary top. But downside is expected to be contained above 78.78 minor support and bring another rise. Fall from 80.61 is finished at 77.90 and above 78.65 will target 79.96/80.61 resistance zone. Note that current development doesn't warrant the case that fall from 84.17 has reversed. And hence, we'll be cautious on topping signal at around 80.61.