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Usdjpy_long

Multi timeframe analysis on YEN vs USDhere is my take on this pair on 3 different time frames : Monthly : We hit a major trend line dating back to 2002. Considering this pair has been a bull since 2012. what we see here is basically a pull back that took place from 1/7/15 till today. if by any chance we break the trend line, then this pair shall be officially bearish and may go back to 2012 low''s. We also just got out of RSI oversold position. I doubt we are going to visit it again. my take is bullish unless we break the trend line. Daily : We have a small trend line break out, which is already broken in 4hr time frame and a bigger trend line which am expecting the price go to. Based on the analysis on the monthly, we should break the bigger bigger trend line too. but till we reach there I will remain bullish and watch for price action. We are also just getting out of oversold RSI territory and MACD shows bullish signs. 4hr : Minor trend line is broken, expecting a small pull back and movement to the upside at least to 107.450 This is just a analysis and my take on this pair, please do your own research before taking any positions or even considering to do so.
Long
by OG-Tellz
Forex Analysis And Trading Tips - USDJPY LONG!USD/JPY 113.78 Market managed to hit below 112.50 yesterday in a sign that market may have another dip toward 111.50-60 zone before resume the rebound correction toward 115.10 zone short-run still showing ability to continue trading zone between 111.00 – 115.10 , while below 111.00 expect 110.00 zone and below Support Resistance Level 1 112.15 113.40 Level 2 111.50-60 114.00 Level 3 111.00 115.10 www.tradingsignalreviews.com
Long
by TheBanker
1
Daily Market Report - USD/JPY - 10th Feb 2016USD/JPY Japanese Yen sustain advance against most counterparts on safe-haven demand after global equity drop on Global Economy growth concern Market managed to break below 115.50 zone which add more pressure to sustain advance toward first target 113.60 As short-run sustain trades below 116.00-50 resistance zone expect farther drop toward 113.60 Mid-Run: market showing strong bearish signals after breaking below uptrend channel which may lead the mid-run toward farther drop toward 106.60 www.tradingsignalreviews.com
Short
by piponomics
3
Forex Market Analysis - 7th Feb 2016 The primary trend of USD/JPY is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is below 200 day SMA and 50 day SMA indicating downtrend of the pair. It is having an important level of 116.80. If it breaks its trend-line (black line) on the downside and sustains below it then we can expect it to show further bearish movement in the pair. If the pair breaks the level of 116.81, then we can expect it to test the levels of 118. INDICATORS:- MACD is sustaining in its negative territory although has crossed on the daily indicating a change in trend in the pair. RSI is leaving its selling zone indicating the upcoming bullish trend in the pair. STRATEGY: USD/JPY is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. Please like and comment your ideas and good luck! :) www.tradingsignalreviews.com
Long
by piponomics
1