USD/JPY Trading Room

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EUR / USD
1.13006
USD / JPY
106.92
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1.26227
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0.94120
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1.35953
EUR / JPY
120.826
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0.6948

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abu85

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Technical analysis of USD/JPY for June 05, 2017


USD/JPY is under pressure. The pair retreated from 143.95 and broke below the 20-period and 50-period moving averages. The relative strength index is mixed to bearish. In addition, the key resistance at 143.05 should limit the upside potential. Hence, as long as this key level is not surpassed, look for another decline to 141.95 and even to 141.45 in extension. Graph Explanation: Black line shows the pivot point, present price above pivot point indicates the bullish position and below pivot points indicates the short position. Red lines shows the support levels and green line indicates the resistance levels. These levels can be used to enter and exit trades. At present, the pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short position is recommended with the first target at 110.20. A break below this target will move the pair further downwards to 109.85. The pivot point stands at 111.05. If the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 111.35 and the second one at 111.55. Strategy: SELL at highs, Stop Loss: 111.05, Take Profit: 110.20 Resistance levels: 111.35, 111.55, and 111.75 Support levels: 110.20, 109.85, and 109.50

Read more: https://www.instaforex.com/forex_analysis/92561
 
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tyco

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Membaca graf usdjpy

[ame]http://www.youtube.com/watch?v=7G6WeGuKA68&feature=youtu.be[/ame]
 

abu85

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USD/JPY dropping perfectly, remain bearish for a further drop.

Price has dropped perfectly from our selling area as expected and is on track to reaching our profit target. We remain bearish below 110.66 resistance (Fibonacci retracement, horizontal overlap resistance, descending resistance) for a further push down to at least 108.23 support (Fibonacci extension, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance below our 96% level and has good downside potential. Sell below 110.66. Stop loss at 111.25. Take profit at 108.23.

 

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Technical analysis of USD/JPY for June 15, 2017



In Asia, Japan today will not release any Economic Data, but the US will release some Economic Data, such as TIC Long-Term Purchases, Natural Gas Storage, NAHB Housing Market Index, Industrial Production m/m, Capacity Utilization Rate, Philly Fed Manufacturing Index, Import Prices m/m, Empire State Manufacturing Index, and Unemployment Claims. So, there is a probability the USD/JPY will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 110.14. Resistance. 2: 109.92. Resistance. 1: 109.71. Support. 1: 109.44. Support. 2: 109.23. Support. 3: 109.01. Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
 

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Ichimoku indicator analysis of USD/JPY for June 28, 2017

The USD/JPY pair rallied yesterday from 111.50 to 112.50 where we previously mentioned that this is important resistance area. USD/JPY could reach 112.85 where the blue trend line resistance from the previous highs is found.



Price has broken out of the cloud but will have to stay above it and break above the blue trend line in order for the trend to remain bearish. Important daily support is at 111.70. If this support level is lost, we should expect prices to fall hard and start a new downward move to 104.



In the 4-hour chart price remains above the tenkan- and kijun-sen. Trend is bullish. Support is at 111.95 and at 111.70. Breaking below these two levels will also change short-term trend to bearish.

 

مايكل سكوتفيلد

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USD/JPY is under pressure. The pair is trading below its 20-period and 50-period moving averages, which play resistance roles and maintain the downside bias. The relative strength index is capped by a bearish trend line since July 25. Therefore, as long as 110.95 is not surpassed, look for a further drop to 110.30 and even to 109.80 in extension. Alternatively, if the price moves in the opposite direction, a long position is recommended above 110.95 with a target at 111.70. Chart Explanation: The black line shows the pivot point. The current price above the pivot point indicates a bullish position while the price below the pivot point is a signal for a short position. The red lines show the support levels and the green line indicates the resistance level. These levels can be used to enter and exit trades. Strategy: SELL, Stop Loss: 110.95, Take Profit: 110.30 Resistance levels: 111.30, 111.70, and 112.00 Support Levels: 110.30, 109.80, 110.25

Read more: https://www.instaforex.com/forex_analysis/95610
 

مايكل سكوتفيلد

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Analysis of wave counting: As expected, yesterday's USD / JPY trades started with a downward movement after a short delay near the level of 110.50 and it reached the level of 110.20 at the end of the day. At the same time, it can be assumed that the currency pair remained in the formative stage of the receiving five-wave structure, the 3rd wave, in the future C, E, (B). If this is the case, the currency pair will continue to decline in the direction of the first settlement targets for this 3rd wave, C, E, (B), located in the range between the levels of 109.80 - 108.30. Targets for a downward wave option: 109.79 - 61.8% by Fibonacci 108.30 Targets for an upward wave option: 111.00 - 112.00 General conclusions and trading recommendations: The instrument completed the construction of the wave E, C, (B). In the framework of the construction of wave 3, C, E, (B), the decrease in quotations may continue with the targets near the level of 109.79, which is equivalent to 61.8% Fibonacci, and lower about 108 figures. An unsuccessful attempt to breach the level of 112.09 led to the completion of the construction of the correctional wave 2. The downward corridor preserves the prospects for constructing a downtrend section of the trend.

Read more: https://www.instaforex.com/forex_analysis/187246
 

مايكل سكوتفيلد

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In Asia, Japan today will not release any Economic Data but the US will release some Economic Data, such as Natural Gas Storage, Factory Orders m/m, ISM Non-Manufacturing PMI, Final Services PMI, Unemployment Claims, and Challenger Job Cuts y/y. So, there is a probability the USD/JPY will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 111.26. Resistance. 2: 111.04. Resistance. 1: 110.82. Support. 1: 110.56. Support. 2: 110.34. Support. 3: 110.12. Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Read more: https://www.instaforex.com/forex_analysis/95856
 
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