Thread: USD/JPY Updated Analysis

USD/JPY

The pre-planned short positions from key resistance range levels have been implemented with attainment of minimal anticipated targets. OsMA trend indicator, having marked preservation of close parity of both party activity in the bigger picture, does not clarify the choice of planning priorities for today. Therefore, considering rate position within the borders of Ichimoku cloud as signal of probable rate range movement, we can assume probability of rate return to close 89,80/90,00 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 90,40/60, 91,00/20 and (or) further break-out variant up to 91,40/60, 92,00/20. The alternative for sales will be below 89,00 with the targets of 88,20/40.

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USD/JPY

The pre-planned buying positions from key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked priority of bullish party development, still favors preference of buying planning for today. Hence and considering current bearish cycle marked by OsMA indicator, we can assume probability of rate return to close borders at 90,60/80, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 91,20/40, 91,80/92,00 and (or) further break-out variant up to 92,40/60, 93,00/20, 93,60/80. The alternative for sales will be below 90,00 with the targets of 89,40/60, 89,00/20.

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USD/JPY

The earlier opened and held short positions did not have any positive result of attainment of the anticipated targets. OsMA trend indicator, having marked preservation of low activity of both parties, does not clarify the choice of planning priorities for today. Therefore, considering suppositions of further rate correction period with preference of choosing bearish party in planning trading operations for today, we can assume probability of attainment of 90,00/20 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of the formation of topping signals the targets will be 89,40/60, 88,80/89,00 and (or) further break-out variant up to 88,40 with the targets of 87,80/88,00, 87,20/40. The alternative for buyers will be above 90,20 with the targets of 90,60/80, 91,20/40.

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USD/JPY

The pre-planned short positions from key resistance range levels have been implemented with loss of several points in attainment of minimal anticipated target. OsMA trend indicator, having marked preserved low level of both party activity, does not clarify the choice of planning priorities for today. Hence, we can assume probability of rate return to close borders of Ichimoku cloud at 89,60/80 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 90,20/40 and (or) further break-out variant up to 90,80/91,00, 91,40/60. The alternative for sales will be below 89,20 with the targets of 88,40/60, 87,80/88,00.

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USD/JPY

The pre-planned buying positions from key supports have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked rise in bullish activity, suggests preference of this direction in planning trading operations for today. Hence and considering descending direction of indicator chart, we can assume probability of rate return to close 91,40/60 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for buying positions, on condition of the formation of topping signals the targets will be 92,00/20 and (or) further break-out variant up to 92,60/80, 93,20/40. The alternative for sales will be below 91,00 with the targets of 90,40/60, 89,80/90,00.

very interesting analysis

the fundamentals of this pair has been confusing for me the last year or so. perhaps reverting back to technicals will prove to be more lucrative at this point. thanks for the charts

USD/JPY

The estimated test of key supports has been confirmed with condition for implementation of the pre-planned buying positions. OsMA trend indicator, having marked preserved priority of bullish party activity in the bigger picture, favors holding of long positions with the targets of 91,40/60, 92,00/20 and (or) further break-out variant up to 92,60/80, 93,20/40. The alternative for sales will be below 90,80 with the targets of 90,20/40, 89,60/80.
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USD/JPY

The pre-planned break-out variant for sales has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked relative rise of sales activity at break of key supports, suggests preference of bearish direction in planning trading operations for today. Hence and considering ascending direction of indicator chart, we can assume probability of rate return to channel line 2 at 90,40/60 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 89,80/90,00 and (or) further break-out variant up to 89,20/40, 88,60/80. The alternative for buyers will be above 91,20 with the targets of 91,60/80, 92,10/20.

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USD/JPY

The estimated test of key resistance range levels has not been confirmed, however, some preserved minimal priority of bullish party activity as a result of further rate correction period suggests preservation of earlier designed trading plans practically unchanged. Namely, we can assume probability of reaching 89,50/60 resistance levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 89,10/20, 88,70/80 and (or) further break-out variant up to 88,20/40, 87,60/80, 87,20/40. The alternative for buyers will be above 90,00 with the targets of 90,40/60, 91,00/20, 91,60/80.

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