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USD/JPY technical analysis

Your today's views about USD/JPY-> Bullish Bearish or Neutral?
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USD/JPY technical analysis

Postby Kikizyak » Sun Aug 02, 2015 11:27 am

Here I have a forecast for the USD/JPY pair for August 3-7. Dominant bias: Neutral. This currency trading instrument has been moving sideways since the middle of July 2015. A break above the supply level at 124.50 could result in a Bullish Confirmation Pattern in the market, and a break below the demand level 123.00 could also result in a Bearish Confirmation Pattern in the market.
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Re: USD/JPY technical analysis

Postby pipabode » Wed Aug 05, 2015 10:03 am

USD/JPY Technical analysis of 5th August 2015:
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In Asia, Japan will not release economic data today, but the US is expected to publish data on Crude Oil Inventories, ISM Non-Manufacturing PMI, Final Services PMI, Trade Balance, and ADP Non-Farm Employment Change. So, there is a strong probability than USD/JPY will move with low volatility during the Asian session, but with low to medium volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 125.00.

Resistance. 2: 124.75.

Resistance. 1: 124.51.

Support. 1: 124.21.

Support. 2: 123.96.

Support. 3: 123.72.
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Re: USD/JPY technical analysis

Postby pipabode » Mon Sep 21, 2015 1:12 pm

Technical analysis of USD/JPY for September 21, 2015
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In Asia, Japan will not release significant economic data because of a holiday, but the US will unveil economic news on Existing Home Sales. So, there is a strong probability that USD/JPY will move with low volatility during the Asian session, but with low to medium volatility during the US session.

TODAY TECHNICAL LEVELS:


Resistance. 3: 120.46.

Resistance. 2: 120.22.

Resistance. 1: 120.00.

Support. 1: 119.70.

Support. 2: 119.47.

Support. 3: 119.23.
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Re: USD/JPY technical analysis

Postby radex78 » Sat Jan 30, 2016 2:15 pm

Last market on usdjpy occur large movement, on daily timeframe figure out bullish strong pattern after news high impact for jpy was released, if trader they can getting best timing entry buy hence profit will very good on last week
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