Page 4 of 6 FirstFirst ... 23456 LastLast
Results 31 to 40 of 53
 4 Attachment(s)    

Thread: USDJPY

  1. #31
    Banned
    Join Date
    Mar 2015
    Posts
    136

    Default



    The market fell massively just a couple of weeks ago, and here we are just hanging about in a fairly tight range. With this, we feel that this pair does eventually break out to the upside and reaches towards the 125 level. However, it obviously needs to get above the 122 handle in order to pick up enough momentum to go that high.

  2. #32

    Default

    This currency pair is locked between 119.04 and 120.99 levels. You'd better trade from these levels.

  3. #33
    Banned
    Join Date
    Sep 2015
    Posts
    121

    Default

    We can see a some triangle forming here. And it's gonna break its limits, so some upward correction is expected to appear soon.
    Attached Images Attached Images USDJPY-audusd-d1-riston-capital-ltd-2-png 
    Last edited by Samuray; 10-11-2015 at 13:24.

  4. #34
    Banned
    Join Date
    Sep 2015
    Posts
    121

    Default

    Intermediate resistance lies at 119.34. The decline may begin here. However, we must keep in mind 119.85 zone as well, which is ruled by the daily frame.

  5. #35
    Banned
    Join Date
    Sep 2015
    Posts
    121

    Default

    we may be headed to 120.00 as the next short-term move although much will depend upon the data due from the USA later today. The Yen has certainly been weakening over recent days, but it still looks as if overall this pair remains stuck within a very well-defined range.

  6. #36
    Banned
    Join Date
    Sep 2015
    Posts
    121

    Default

    The bearish trend line in the chart below is very short term but might provide a launching pad for a bullish move following a break above and retest.

  7. #37
    Banned
    Join Date
    Nov 2015
    Posts
    64

    Default



    The USD/JPY pair fell during the course of the session on Monday, but continues to hang about the consolidation area that we think will be the main driving factor of this pair in the short-term. We believe that it’s only a matter time before he break out to the upside, so pullbacks that show support below should be buying opportunities. Eventually, the market should reach towards the 125 handle, and perhaps even above there, offering a longer-term “buy-and-hold” type of situation. Pullbacks should find support all the way to at least the 121 handle, if not lower than that.

  8. #38
    Banned
    Join Date
    Nov 2015
    Posts
    64

    Default


    The USD/JPY pair fell during the day on Tuesday, testing the 122 region. The 122 level of course is previously supportive, so it would not be surprising at all to see this market bounce from here. We also believe that the 121 level should be supportive as well, as the market is most certainly in an uptrend. We believe that a move to the 125 level should be coming next, and as a result we are very bullish. Once we break above 125, the market should continue to go much higher. We have no interest whatsoever in selling this market.

  9. #39
    Banned
    Join Date
    Nov 2015
    Posts
    64

    Default



    The USD/JPY pair initially broke higher during the course of the session on Wednesday, and turned back around to form a bit of a shooting star. The shooting star of course offers a bit of a negative attitude for this market, but quite frankly even if we break down from here we are willing to buy supportive candles below and that’s the only play that we see. On the other hand, if we break above the top of the shooting star we may eventually have enough pressure to reach towards the 125 handle finally.

  10. #40
    Banned
    Join Date
    Nov 2015
    Posts
    64

    Default



    USD/JPY is still bounded in the consolidation pattern from 123.74 and intraday bias remains neutral. As long as 122.21 support remains intact, further rise is mildly in favor for 125.27/85 resistance zone. Decisive break there will confirm up trend resumption and will target 130 handle. Nonetheless, break of 122.21 will indicate short term topping and bring deeper fall back to 55 days EMA (now at 121.70) and below.

Similar Threads

  1. Correlation between USDJPY and gold
    By fxtester in forum Technical analysis
    Replies: 0
    Last Post: 12-17-2015, 17:52
  2. Historical data for USDJPY since 1970
    By fxtester in forum Technical analysis
    Replies: 0
    Last Post: 01-30-2015, 00:10
  3. Free Expert Advisor for USDJPY H1 (Trend EA)
    By FXVM in forum Commercial expert advisors
    Replies: 0
    Last Post: 12-23-2013, 04:27
  4. Replies: 0
    Last Post: 09-12-2013, 09:34
  5. My EA USDJPY 2 years
    By landofcash in forum Expert advisors live statements
    Replies: 13
    Last Post: 05-03-2010, 23:37

Tags for this Thread

indicators, long term, support

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •