Usd/Jpy

[jhonystatham]

The new daily opening was lower than the last day opening to allow us to mention the down trend occurs on the last day.
Now according to the new data shown on the chart of the USDJPY pair the last arrow signal was a green up arrow below the price to indicate a bullish signal for the short term traders.
In this case I guess that the last opening at 107.05 should be used as a take profit area because it should act as a strong resistance that the price may face difficulties to break it up Finally I think using a trading system is the best way to enter the trades and then you should wait to see a clear blue line on the check indicator and at the same time trader indicator have to be green in order to make sure you are in the right bullish trend before opening any buy positions .

[shimy]

The price is getting to rise as it hits the down edge of the Bollinger bands indicator as you can see on the chart of USDJPY right now.
The volume of the market is now low as it has a value of 95 as you can see on the volume indicator at the bottom of the chart.
As you can see the price will face a strong Pivot level before it can be able to go upward then setting level 107.04 as the next resistance to the price as a primary take profit then the next resistance at 107.22 is recommended while you can cut the losses at the level 106.45 if the price heads down .
Another indicator could be useful to confirm the entry which is consists of three indicators as you can see on the middle of the chart image so entering with the cross of the CCI and moving average can be a good way to confirm the entry .
imagee

[nininini]

there are bullish channel drawn on the USDJPY hour chart as you can see at the picture and also you can mention the yellow color of the moving average which mean that the price is heading up for the current period.
The market opened today at a higher values than the daily pivot point at 106.75 and according to the data shown it seems that the price may keep going up till it can reach the first daily pivot resistance located at the price of 107 if the WPR indicator didn't show any opposite downward signals.
And in case of reaching the target you can keep buying till the next resistance at 107.25 which is a very strong resistance level to reach before the end of the day.

[moshiur277]

Usd/jpy analysis :

date : 10.22.14
time : 03:00 GMT
time frame : 15 min

current rate :106.86
high : 107.13
low : 106.85
net change : -0.11%

overall trend : slightly Bearish.

[alii.hassan]

the USDJPY pair is now moving at a bullish trend which can be recognized by the up blue arrow below the price and at the same time you can monitor the buy cross between the snake and T3_clean on the 1H chart Now to define the levels which may affect the direction you can use the resistance level at 107.15 as a good area to claim the profits or keep buying if the price breaks it up while on the other hand the level 106.25 could be used as a support which the stop loss level can be set Finally buying can be the right decision for now until an opposite sell cross occurs on the indicators or a red down arrow is shown .

[achyut]

Daily forecast: USDJPY 22 Oct. 2014.

Technical analysis for Daily forecast of USDJPY 22 October, 2014. In Daily chart USDJPY shows bullish trend. At present USDJPY above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 108.499.

Pivot: 106.742

Resistance levels

R1 107.242
R2 107.500
R3 108.000
R4 108.499

Support levels

S1 106.484
S2 105.984
S3 105.726
S4 105.467

[Ramzy.hassan]

A bottom is drawn via ZigZag indicator to show a good chance that the USDJPY pair may head up upon the coming hours.
And the price is at the moment moving near the up edge of the Donchin band indicator which is a sign that can�t be neglected that the price will face a big difficult if it tries to move upward Then I guess betting on the upward direction have a better odds but only if the price can be able to have a closed candle above the resistance of 107.15 which you can monitor it on the chart by the red dots and waiting for the 2 SMA indicators to make a buy cross can be a better way to catch a strong buy trades In this case thinking about the support line at 106.6 to be a stop level area can help in case of facing an opposite downward direction .

[hmmo]

The price hits the higher level of donchin channel on the USDJPY chart to perform a probably of bearish trend start by today As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bullish sign by having a green colored bars located above the 0 th level A quick look to the stostatic can inform you by a buy signal as the price near the level of 80 and there is a bullish cross between the two lines As a result of the previous signals I can bet on the bearish side by taking a sell trades wishing that the price reach the low edge of Donchin level which can be used as a good area for closing sell trades in profit

[aliali1]

A bullish trend is now in action as you can see the green arrow shown on the hourly USDJPY chart at the current time which is supported with a bottom located at 106.55 which can be also used as a very strong support that the price shouldn�t go below it if the bullish trend still strong.
Also the parabolic sar dots is showing below the candles which is a sign that the price is heading up for a while.
when buying trades take a place I think then the resistance 107.15 can be a good area in order to close some open positions as the price has a good chance to go south after hitting it.
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[troykilson]

A week bullish trend take a place on the hourly chart of the USDJPY as the Blade oscillator is now at 0.138 area above the level of balance and at the same time the indicator is blue colored which is a week indication of bullish direction on the short term. On the chart itself you can see the moving average 5 sloping UP and then you can consider the last bottom drawn by it at 107.02 as a good stop loss if you need it in case of buy orders which is very advised according to the indicators signals.