Usd/Jpy

[gururaj]

the pair is trading under the level of 79.00 , that's mean if the pair succeeded in breaking 79.00 it will continue in uptrend to 79.30 and then 79.50 , but if the pair bounced from 79.00 , it will continue in the down trend heading to 78.70 and 78.40

[fravash]

The pair has skyrocketed over 90 pips in 1 minute to peak at 79.40, only to lose most of its gains in the next 5 minutes, now back at 78.70.

yes brother, they even testing 78.4 on my chart at the moment, they may reach 77.80 before the market closed, on a higher time frame it still look a side ways for me, we shall see what happened next week

[niteshforex]

The pair has skyrocketed over 90 pips in 1 minute to peak at 79.40, only to lose most of its gains in the next 5 minutes, now back at 78.70.

[fravash]

The pair soared to 80.23 after BOJ intervened markets this Thursday, yet the strong risk aversion triggered by the ECB has pushed the pair back lower. Hourly chart shows corrective movement may extend towards key 78.45 price zone that should keep the downside limited at least for today.

they soared just temporary since then they fell through 78.50 in my chart, personally i prefer to wait before any further action ahead of the NFP, if the NFP is worse than expected 77.10 is achieve able

[gururaj]

The pair soared to 80.23 after BOJ intervened markets this Thursday, yet the strong risk aversion triggered by the ECB has pushed the pair back lower. Hourly chart shows corrective movement may extend towards key 78.45 price zone that should keep the downside limited at least for today.

[fravash]

Despite dlr's anticipated cross-inspired' brief bounce to 77.83, lack of
follow-through buying n subsequent swift retreat suggests y'day's
recovery fm a 4-month low at 76.29 has possibly made a top n below
77.20 wud confirm this view, yield 76.85/90.
Stand aside n sell on upmove for day trade or on recovery once
initial sup at 77.20 is penetrated.

they currently sit on my second support at 78.7 in my chart after suffering a great "constant" fall today, i will stop my trade on this pair at the moment, but my preference is more decline to 3rd support before the market closed

[niteshforex]

Despite dlr's anticipated cross-inspired' brief bounce to 77.83, lack of
follow-through buying n subsequent swift retreat suggests y'day's
recovery fm a 4-month low at 76.29 has possibly made a top n below
77.20 wud confirm this view, yield 76.85/90.
Stand aside n sell on upmove for day trade or on recovery once
initial sup at 77.20 is penetrated.

[gururaj]

With the BOJ intervention, usdjpy has jump by more than 300 pips this morning,
currently high at 80.23. it is quite interesting to know the effect of this
news in the long-term. in my view, it would be (most possibly be) up for usdjpy.
the BOJ initiates measure to devaluate yen against the dollar.

[niteshforex]

USD/JPY came alive in Asian trade, confirming what everyone had been expecting as the BoJ intervened in the forex market.

[gururaj]

This is the news come out after the big up movement from USD/JPY that influence all the Yen pair to go up 100 pips in fast. Nikkei: Bank of Japan intervenes. Separate report: Ministry of Finance confirms intervention. let's see how far the intervention will effect on the chart. since its going up for the Yen pair. while other pair remain silence.