Usd/Jpy

[aniket]

as we can see from the chart the pair has success in breaking the level of 76.50 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 76.25 then 76.00

[netra]

If a M15 close above 77.00 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 77.00 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis

[vikas]

This is a market that looks like it trying very hard to establish some form of a base after recently setting fresh record lows just under 76.00

[aniket]

The pair is still being held afloat in the 76 area, as traders simply haven�t been able to test the resolve of the Bank of Japan openly

[vikas]

USDJPY was undecided yesterday. The immediate bias is neutral for now until a clear break below 76.20, but on long term the bias still remains bearish especially if price maintains around 76.60, making new historical lows.

[aniket]

Because of this – we cannot sell, but finding a longer-term buying opportunity is going to be tricky at this point. For the long-term trader, waiting is simply going to be the name of the game in this pair.

[vikas]

the pair and as we can see from the chart has closed it's daily candle under the level of 76.50 , so , that's mean the down trend is still standing and the pair is heading to 76.20 then 76.00

[aniket]

price just broke the recent resistance and now move around for 1st re-test.
there is indicate a bull flag pattern as well.
will wait for the break of the pattern for safer entry.

[vikas]

we can see that the pair has failed in breaking 76.50 and bounced from it , so that's mean the down trend is expected and the pair might head to 76.20 and then 76.00

[aniket]

I think it will fall more and break all time low which is around 75.88 soon, UJ is falling from quite a long time no chance for USD to recover.