USD\JPY

[Seldy]

The USD/JPY market is surprisingly forming a down gap. I always stay long there but now It's time to open a sell.

 

[Seldy]

I guess the market will go up in the near future, so I'd rather stay long here.

 

[AliMuh]

Potential correction target is situated at the ascending trend line of 123.80. As long as the trend line remains safe, bullish potential preserves.

 

[Seldy]

The USD/JPY seems to start forming a sideways trend. Well, we'll see. It's 123.89 for now though.

 

[Dmitriy Ushakov]

Yesterday USA closed above 124.00, today Asia closed above 124.30-40 and I do not think that it will move downward. On the 4-hours' chart, the pair stood up near the resistance line and here may be a rebound to 124.50. If it is going to break through 125.00, you can try to sell against the trend.

 

[robin.bob]

Yen continues depreciation, approaching the resistance formed by the recent overHighs. We expect reversal of price and formation of a descending half-wave.

 

[robin.bob]

Long-term channel of the yen on weakening , started the last year, is still relevant. Local testing targets of the upper border

 

[Dmitriy Ushakov]

Yesterday the currency pair USD / JPY was in the range of 120.69 - 119.64, moving in a Southern direction and is now trying to build a movement, has tested the support level of 119.57. If this barrier does not withstand atack of sellers and indicators point to this, the pair is should be sold to the support level at around 119.08. Resistance levels today - 120.13 and 120.62.

 

[robin.bob]

The nearest outlook for Yen is the flat until a full finalization of oscillation of the Black Monday

 

[Dmitriy Ushakov]

The trading range of the currency pair US /JPY for yesterday's trading session made 135 points (121.32 - 119.97), but the daily candle was still Doji. Today, the pair is being traded just above the resistance level 120.63, but the indicators on the H4 chart hinted at the possibility of Selling the pair towards support levels 119.94 and 119.28. Resistance Levels - 120.63 and 121.29.

 

[Dmitriy Ushakov]

Now we can see that our pair is moving to the north, and indicators suggest that we are to continue buying to resistance levels 120.88 and 121.23, but on the condition that it will overcome the upper border of the trading channel. If the pairfails to pass this border, you should consider selling it to the support level at around 120.30 and 119.95.

 

[Dmitriy Ushakov]

USD/JPY continues to move within the flat, currently it is traded just above 119.89 support level, trying to enter the 120th figure. Today you should open Buy to the resistance level 120.67 above yesterday's High - 120.28 (1st resistance level), and sales can be considered below the support level 119.89 to the support level around 119.50.

 

[Dmitriy Ushakov]

The pair started the week in the negative mood. But it began to be sold and it was oversold, which influenced direction of the trend, and now it looks like bulls will test the level of resistance 120.55.

 

[Dmitriy Ushakov]

Weakening of the yen and raise of the dollar is moving the pair forward very well, but do not forget about the correctional wave. I will enter the market when the price is at the level of 123.60. Meanwhile I am considering a small take profit in 20 points

 

[Dmitriy Ushakov]

Now the chart of the currency pair USD/JPY shows that the pair is traded near the support level of 123.25, having bounced off the top of the trading channel. If the pair overcomes this barrier, and indicators point to this, it should be sold to the support level 122.83. Today you should consider purchases above the resistance level of 123.67 and the upper border of the channel.

 

[Dmitriy Ushakov]

The chart of the currency pair USD/JPY shows that by now it has rebounded from the upper border of the descending trading channel and already managed to pass the support level 122.54 . Indicators say that today the pair is worth selling to the support level of 122 ,20. Today, resistance levels are located at 122.89 and 123.23.

 

[Dmitriy Ushakov]

On Monday, USD/JPY pair was traded in the northern direction and passed about 150 points for the trading session, but still failed to gain a foothold in the 118th figure. H1 chart shows it between resistance levels 118.27 and 118.80 and support levels 117.48 and 116.95. Indicators hint at the possibility of selling the pair to the support level.

 

[Dmitriy Ushakov]

The pair USD/JPY is correcting on the H4 chart after the growth on Friday. It has already moved beyond the channel in a southerly direction and trying to overcome the barrier level of support 119,54. If it breaks through the support level, you should consider selling to the support level of 119,10. The long positions can be planned in case if the pair returns to the channel.

 

[Dmitriy Ushakov]

USD/JPY is going through to fall and is being traded at the top of the downward channel. If the pair consolidates above the channel, we should consider buying to the resistance level 113.93 and 114.67. If it bounces, it will be possible to plan sales to the support levels 112.79 and 112.05.

 

[Runo]

I think that USDJPYasset will go up.