USDJPY Is Bullish | Free Forex Signals | USDJPY Chart Today

Get daily free forex signals on your mobile, by our research experts, based on fundamental and technical analysis.

Today's Report Is  On USD/JPY Signals.

SUMMARY:

The major trend of USD/JPY is bullish on charts. In its 4 hourly chart, prices are no more sustaining at higher levels and consolidating with strong negative bias to give break out at downside. 30 and 200 DMA are also supporting the downside movement in the prices. The pair is having an important support at the level of 118.70. If it breaks its major support mark of 118.78 and sustains below it then we can expect it to test the levels of 118.20/117.70. 

SIGN UP FOR DAILY-FREE FOREX SIGNALS

USD/JPY ( 4 Hourly )

USDJPY Chart Today

INDICATORS:-

RSI is sustaining near the selling territory supporting further bearish trend in the pair. 

MACD is also sustaining in selling territory supporting the bearish trend in the pair.

STRATEGY:- 

USD/JPY looking bearish on charts for next few session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

PIVOT POINTS :

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.0455	1.0539	1.0650	1.0734	1.0845	1.0929	1.1040
GBP/USD	1.4678	1.4744	1.4839	1.4905	1.5000	1.5066	1.5161
USD/JPY	117.97	118.37	118.69	119.09	119.41	119.81	120.13
USD/CHF	0.9315	0.9426	0.9493	0.9604	0.9671	0.9782	0.9849
AUD/USD	0.7548	0.7608	0.7705	0.7765	0.7862	0.7922	0.8019
EUR/GBP	0.7097	0.7129	0.7168	0.7200	0.7239	0.7271	0.7310
USD/CAD	1.1917	1.2028	1.2107	1.2218	1.2297	1.2408	1.2487
NZD/USD	0.7467	0.7521	0.7596	0.7650	0.7725	0.7779	0.7854

SIGN UP FOR DAILY-FREE FOREX SIGNALS