Usd/Jpy

[Zeeshan420]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

[ismar]

current price very is potential to fly again. this pair price already touched daily resistance level 1 and above trend line. Now the price try to move Upward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Buy position today. pivot point will be first target . after that price maybe can go to first resistance . stop loss area around support 1 level

Recomend Today = Bullish Trend 85%

ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.

[SDK]

this yen is still sitting on the support area, i think this support will be broke soon

the fibo ratio for retracement on d1 is already broke so there is no way this pair will go up

[forexA]

my dear sir today of my tachnical analysis for this usdjpy buy to bullish trand strong,,

Resistance 109.84

Resistance 110.19

Resistance 111.18

Supporting 108.85

Supporting 108.19

Supporting 107.20

[Shair]

usd jpy

Forex Trading Strategy Based on Fundamental Analysis
Technicians do not find it necessary to know the reasons of market changes, but fundamentalists try to discover “why”. The latter analyze macroeconomic data of a specific country or different countries to forecast the given country’s currency behaviour in the nearest future. Based on certain events or calculations, they may decide to buy the currency in the hope that the latter will rise in value and they will be able to sell it at a higher price, or they will sell the currency to buy it later at a lower price.

[Muhammadfaizan]

On the other hand, the greenback is preserving its strength to help the pair push higher.

Today's data from the US showed that the ISM-NY Business Conditions Index in January rose to 45.8 in January from 39.1 in December and the IBD/TIPP Economic Optimism for February rose to 59.8 from 57.4. The US Dollar Index was last seen trading at 0.16% on the day at 97.96.

There won't be any significant macroeconomic data releases from Japan during the Asian session and the risk sentiment is likely to continue to drive the pair.

[Joni]

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[0307148]

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.

[Sadia260]

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[heel]

I predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.

money management is very effective for getting profits