Usd/Jpy

[anchitkole]

The Asian session opened with a plunging across the board to a low of 77.62. From there, the USD/JPY spent its time recovering the loss, but once the European session was ahead, the pair returned to the downside.

[anitagala124]

because of the moving under the level of 78.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 77.55 how ever the pair made any hourly correction , good luck .

[anchitkole]

If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

[anitagala124]

this pair already retested the trend
and fell down from this trend , i think we will see another fall as long as this pair moving below this trend

[anchitkole]

If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 77 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 77 is neutral area, any trade done in between is personal decision and not part of this analysis

[anitagala124]

the pair and as we can see from the chart has closed it's daily candle above the level of 77.50 , so , that's mean the up trend is still standing and the pair is heading to 78.10 using a directed up movement base , good luck .

[anchitkole]

If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

[anitagala124]

up movements is predictable as a result of the trading now above the level of 77.50 and the pair might continue in it's upmovements heading to 77.90 and and that's before bouncing from the resistance levels , good luck .

[anchitkole]

If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing

The range 78 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

[anitagala124]

Candle is below Bollinger Band Stop in 60 Minutes chart so I think it�s still standing for downtrend and this pair might head at first level 77.40 and the second level at 77.20. Place your stop loss 40 points from your open position or at appropriate points from your own analysis. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Good luck