Usd/Jpy

[nurdiantofxwave]

yesterday, Usd/jpy fell down from level 80.55 and until market closed, price can not retraced up or tried to up. Now, price still continuing down movement and has shown in under daily support 1 level (80.10). Price predicted go down again because of pressure from bearish medium term that occured.

[VANDA_S]

On the H1 chart, the price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 79.51

[great white]

USDJPY stays in a upward price channel on 4-hour chart, and remains in uptrend from 77.43, the fall from 80.67 is likely consolidation of the uptrend. Support is at the lower line of the price channel, as long as the channel support holds, the uptrend could be expected to resume, and another rise towards 81.00 is possible after consolidation. On the other side, a clear break below the channel support will indicate that lengthier consolidation of the uptrend is underway, then range trading between 79.27 and 80.67 could be seen to follow.

[Bieela_cute]

Elliott: elongated flat correction up 80.68
It looks more likely that it would rise to 80.52 - 80.74 from 80.22 or 80.11. After which a downside move is expected.
Warning: Harami
Technical points
Key point 80.3700
Entry point 80.3500
Elliott 79.2800
Closing 80.2900
Projection 80.6800
Trendline 80.3600
Trendline 80.3700
Supports / Resistances
Res 2 80.7400
Ex-High 80.5600
Res 1 80.5200
Pivot 80.3400
Sup 1 80.1100
Ex-Low 80.1500
Sup 2 79.9300

[hodhod2000]

The trading range for this week is among key support at 79.00 and key resistance now at 81.50.

The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact.

[Vamos]

despite the rise in the dollar market Japanese currency managed to show some teeth, and roll back .... but I think such a strong level of support to be a mark of 80.00 which is likely to continue to grow a pair .. so I'm waiting for a stop or consolidation to be able to enter with a short stop. .

[najmul.djd]

usd/jpy technical analysis by using : average directional movement index

adx : 43.9412
+di : 11.7731
-di : 23.4323
timeframe : 1 hour

time : 1900
date : 05.11.2012

[winstead]

If level determinants 80.35 a pullback by not penetrate the area is lower than the area, the movement of the USDJPY will then be very likely to re-test 80.68 resistance area.

[Robi]

The pair really is a change of trend, the rate could not be strengthened above 80.34 resistance, and again he was returned under this level, but so far to confirm the reversal (for the basic sales) have to wait a short breakdown of the support level 80.20.

[new-FX]

The pair was able usd/ jpy from access to the main goal is expected at 80.70, where the bounce down from there because of the strength and sensitivity of this level.

Now control the disposal price for critical levels between the above-mentioned resistance and support 79.40, as the penetration of 80.70 will open the door to further gains in the short term, while breaking the 79.40 price will return to the downward path again.