Usd/Jpy

[saso]

Our preference: Short positions below 79.7 with targets @ 79.3 & 79.2 in extension.

Alternative scenario: Above 79.7 look for further upside with 79.8 & 80 as targets.

Comment: the pair is under pressure and is challenging its support.

[khaled24]

After facing the downtrend line shown in the chart , the pair moved down and i expect it to continue moving down until it reach the support level @ 79.11 (38.2%) or close to it , then the pair will start moving up a gain until it hit the trend line again and make retest , i support now to sell the pair with target above the indicated support level with a few pips , Good Luck

[Sondag]

This pair is try to retest the support level at 79.25. If is it broken, I expect this pair can go lower to 79.15. But if is it fail, I dont expect too much for rebound. As usual, this pair went slowly. Maybe this pair will try to reach agan the level price of 79.65

[Melsayed]

My weekly analysis :

in the shown chart we have Avery strong daily support range 79.67-79.55 now the last week price closes inside the range so i will wait until the price completely go out of the range even up or down and then i will give the command in the similar direction



my expected direction is : down

[ashaab]

The pair continued hovering around the important level of 79.55 while RSI 14 remains neutral. SMA 100 continued covering the pair�s movements while the price actions couldn�t confirm the breakout above the resistance of the descending channel. Therefore, we keep our neutral stance intact for the rest of the day .



Recommendation : Based on the charts and explanations above our opinion is, staying aside until an actionable setup presents itself to pinpoint the upcoming big move.

[delpacing]

Be careful with the break area of ​​78.88, and the correction may be only up to 79.79 area ....
If at the end of this week or next week there are daily closing at 79.80 ata area the testing area to 80.20, closing the opposite if there is the area below it will be testing 78.88 to 78.33 area
Resisten : 79.79, 80.42
Support : 79.38, 79.19
Range : 79.40 - 80.20

[Sondag]

Yeah, this pair is slighlty bullish. But as usual, it goes within the slow moving range. I expect this pair can reach the level price of 79.80 today, not so high as usual. If it could reach the level price of 79.90, I think it'll be rebound for minimum 5 pips before it continues the trend

[nurdiantofxwave]

yesterday, the save haven pair, usdjpy, had crossed up weekly pivot (79.51) .this move up until now. the next ressistance level (79.70) is being tried price to break. if price can brek up it, price is expected could gain more until psychology level 79.81.

[simpleforex68]

Let's have a look at the H1 chart of the pair. Although the price is under the Ichimoku Kumo Cloud, there is an uptrend line. The Ichimoku Kumo Cloud is flat. It attracts the price. The MACD is above the zero line. So, I think the price will be up.

[delpacing]

Monthly Report of the Bank of Japan (BOJ), the statistics of the BOJ Policy Board members to evaluate their latest rate decision and give perspective to the current financial condition and future.
Tokyo Core Consumer Price Index (CPI), an indicator in assessing changes in prices of goods and services at the consumer level, (with no fresh food) remained as -0.5% last month.
Resisten : 79.92, 80.42
Support : 79.06, 78.70
Range : 79.00 - 79.79