Technical Outlook For Usd-Jpy 24-8-2015

Technical Outlook For Usd-Jpy 24-8-2015

Usd-Jpy pair moved last Friday in the average price movement of 169 Pips, it recorded the highest level at 123.48 and the lowest levels at 121.80 levels and closed at 122.03 to Lose 136 pips According to Friday’s economic data.

The pair opened today at 121.88 oscillatory between the 120.70 and the 121.00 levels during the Asian session in a trading average of 30 pips for the limitation of the market liquidity, and in the European session the pair went down to 120.24

The pair is trading in down corrective waves after breaking the wedge

It is expected that the pair Usd against the Jpy will go to targeted level at 119.30 in the next few hours.

And the Relative Strength Indicator "RSI" show us distribution operations at the market and the control of Bears on the market

Medium term trend: down

Support levels: 121.39 and 120.75 and 119.71
Resistance levels: 123.07 and 124.11 and 124.75
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Technical Outlook For Usd-Jpy 3-8-2015

Technical Outlook For Usd-Jpy 3-8-2015

Usd/Jpy pair moved last Friday in the average price movement of 85 Pips, it recorded the highest level at 124.36 and the lowest levels at 123.51 levels and closed at 123.93 to Lose 19 pips According to Friday’s economic data.

The pair opened today at 123.84 oscillatory between the 123.84 and the 124.11 levels during the Asian session in a trading average of 27 pips for the limitation of the market liquidity.

The pair is trading in up impulse waves above ascending trend line after breaking the channel

It is expected that the pair Usd against the Jpy will go to targeted level at 124.50 in the next few hours.

And the Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Medium term trend: UP

Support levels: 123.50 and 123.08 and 122.65

Resistance levels: 124.35 and 124.78 and 125.20

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Technical Outlook for USD-JPY 28-7-2015

Technical Outlook for USD-JPY 28-7-2015

Usd/Jpy pair moved yesterday in the average price movement of 82 Pips, it recorded the highest level at 123.82 and the lowest levels at 123.00 levels and closed at 123.23 to lose 50 pips According to yesterday’s economic data.

The pair opened today at 123.23 oscillatory between the 123.06 and the 123.30 levels during the Asian session in a trading average of 24 pips for the limitation of the market liquidity, and in the European session 123.70

The pair is trading above the trend line so it is expected to make new Highs.

We saw the pair achieved our target today at 123.70

It is expected that the pair Usd against the Jpy will go to targeted level at 124.00 in the next few hours.

And the Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Medium term trend: UP

Support levels: 122.88 and 122.53 and 122.06

Resistance levels: 123.70 and 124.17 and 124.52

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Technical Outlook For USD-JPY 7-7-2015

Technical Outlook For USD-JPY 7-7-2015

Usd/Jpy pair moved yesterday in the average price movement of 105 PIPs, it recorded the highest level at 122.93 and the lowest levels at 121.87 levels and closed at 122.57 to Gain 54 pips According to yesterday’s economic data to close the Gap over.

The pair opened today at 122.57 oscillatory between the 122.52 and the 122.80 levels during the Asian session in a trading average of 28 pips for the limitation of the market liquidity.

The pair is trading below the trend line so it is expected to make new lows.

It is expected that the pair Usd against the Jpy will go to targeted level at 121.90 in the next few hours.

And the Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Today at 12:30 we are looking for Trade Balance from USA

Medium term trend: Down

Support levels: 121.98 and 121.39 and 120.92

Resistance levels: 123.04 and 123.51 and 124.10
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