Usd/Jpy

[302]

USD/JPY's sharp fall today argues that recovery from 78.33 is finished at 78.84. Intraday bias is cautiously on the downside for 78.33 and break will target 77.90 support next. The overall outlook remains unchanged. That is, price actions from 77.66 are either a consolidation pattern that's completed with three waves to 79.65, or is a five wave triangle pattern. In either case, recovery attempt should now be limited well below 79.65 resistance. Break of 77.99 will indicate that fall from 84.17 is finally resuming for 75.56/84.17 support zone.

[302]

usdjpy has spiked higher on AZUMI comment and this move can start covering bearish trend at least for a while,the first resistance is 0.7994-0.8000 near the 50 % retracement of last small bearish wave.however the oscillator showing overbought and there is high probability to move back from 0.800 area .

[Shahzada]

think traders on this pair can go sell positions under 77.2 level and targets will be to 76.5 and 76.3 .

and if the price move and closed 15 min candle over 77.2 i think it will go upside to 77.75

[Shahzada148p]

Since market open in asian session this pair moving in 79.61-79.72 area. Yesterday the price down until 79.42 level then in american session retrace from this level and closed in level 79.62.

For technical analysis today :
ma 16 as short term trend indicator= wave form
ma 96 as medium term trend indicator= down
ma 480 as long term trend indicator = down
So the trend is down weak.

The price will touch weekly pivot if up trend occur. But if the price down strong, may be can fall to 79.06 as weekly support 2 level.

[Farmansali]

Usd.jpy
It is consider now markeet has bullish way to up side
& have buy position .it seems to be looking crunt rate
is 109.77 but asking point was 109.78 .now chart
Show us +0.01% i think it can buy at 54% for better
Moment.so thanks for it

[SA153P]

usd/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 15.08.13


timeframe : 1 hour
time : 0300
market trend : up

adx wilder(14) level

style : 30.06
+di : 9.86
-di : 26.60

adx(14) level

adx : 58.17
+di : 3.97
-di : 26.47

[Ayaztrader]

USDJPY is still dominated buyer. because a few days ago, the price moves up. but when tokyo open, prices began to weaken and look down. this makes LSMA pointing down, the current price environment is likely to retrace. then for the short term, most likely the price will go down. and cut loss when LSMA change color to lime. then open buy

[danish555]

dear mate i am trying to get market technical over view for USD/JPY

according to market technical analysis the market have up trend
the market trend is in buy position
expected resistance and support levels
market price ----------109.76

1- Resistance level----------109.90
2- Resistance level----------110.03
3- Resistance level----------110.14
1- Support level-------------109.61
2- Support level-------------109.48
3- Support level-------------109.38

[Shahzadahmed4850]

I think all time low record is around 76, not around 78.88. Anyways i was think it gonna go up when it was around 80 and now it touch 80.35, i think we can see around 80.70 in coming days.

[ah15]

in general, USDJPY is still dominated buyer. because a few days ago, the price moves up. but when tokyo open, prices began to weaken and look down. this makes LSMA pointing down, the current price environment is likely to retrace. then for the short term, most likely the price will go down. and cut loss when LSMA change color to lime. then open buy.