Usd/Jpy

[Gamabunta]

Achieved the dollar versus the yen strong breakout above 120.40 and is trying to stability above it, than it does the positive scenario on the intraday and short term, opening the way for the restoration of the main bullish trend and stop the downward correction that dominated the recent trade.

[Gamabunta]

Stochastic supports the expected decline, coupled with the negative pressure offered by SMA 50, with reference to the continuation of the bearish trend depends on the stability below 120.40.

[edmar6969]

2015-09-08 10:26 (GMT+2) USD/JPY
USD/JPY: wave analysis

A short-term downward trend is strong.

Assumingly, the first wave A of (4) within a "bearish" correction of the senior level continues developing. Locally, the third wave c of A seems to be forming within which the third wave (iii) is developing. If the assumption is correct, the pair continues declining towards 115.00. A critical for this scenario is the level of 120.75.
Scenario
Recommendation SELL
Entry Point 120.40
Take Profit 115.00
Stop Loss
Key Levels 115.00, 120.40, 120.75, 121.75, 125.00, 126.00

[Gamabunta]

Bounced trading dollar versus the yen down after testing the 38.2% Fibonacci turned resistance at 119.40 after a pre-broken, the price starts to test the pivotal support of 118.90, which represents the breaking confirm continuation of the bearish trend key during the coming period, to keep the bearish scenario exists effectively intraday and short term, with the reminder following our goals which are at 117.45 and then 116.65.

[nhawan429]

Economic event's 08.05.15

Japan.

Tuesday Sep 08, 05:00
Japan
Eco Watchers Survey: Outlook
Medium
51.9

Tuesday Sep 08, 05:00
Japan
Eco Watchers Survey: Current
Medium
51.6

Tuesday Sep 08, 23:50
Japan
Money Supply M2+CD (YoY)
4.1%

USA

Tuesday Sep 08, 10:00
United States
NFIB Business Optimism Index
Low
95.4

Tuesday Sep 08, 14:00
United States
Labor Market Conditions Index
Medium
1.1

Tuesday Sep 08, 15:30
United States
3-Month Bill Auction
Low
0.095%

Tuesday Sep 08, 15:30
United States
6-Month Bill Auction
Low
0.27%
Tuesday Sep 08, 17:00
United States
3-Year Note Auction
Low
1.013%

Tuesday Sep 08, 19:00
United States
Consumer Credit Change
Medium
$20.74
$18.0

[Gamabunta]

The pair succeeded against the yen, touching our first target at 118.25, showing a bounce upward from there influenced positively Stochastic approaching the re-previously breached neckline of the head and shoulders pattern that appears image test, as long as the price is below 119.75 and 120.40, the bearish scenario will remain in place and effective during the coming period, noting that the breach of 118.25 will extend the downside wave to areas of 117.45 and then 116.65.

[Muskan]

all time low was generate at the time of japan earth quake when we see history price keep on falling slowly once again this pair at this price level so we expect little bit more improvement

[truman]

I agree with you, buying a pair in the medium- term look really reasonable, we can expect a return to 125,82

[Ex.ness Support]

USDJPY: growth against the background of an increase of the index of leading economic indicators in Japan

USDJPY
Sept. 7, 2015, 09:43
Buy on a level breakthrough of 119.60 with 120.70 target. Stop loss = 119.10.

Reason for the trading strategy

In July, the index of leading economic indicators in Japan fell to 104.9 p, the lowest value of the year. The data is negative for the yen. At the level breakthrough of 119.6, opening long positions in the USD/JPY pair is worth considering.



USDJPY, H1

[Gamabunta]

reached sales positions to the first target at 119.45 and we are satisfied with the profits of the otherwise this place. Thus, we Soventjunb pair traded today because of the high volatility expected employment data in the non-agricultural sector Halzy will be issued later in the day.