USDJPY Is Bullish | Free Forex Signals | Currency Trading

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Today we are sharing USDJPY Currency Trading Signals

Daily Forex Signals

SUMMARY : 

The primary trend of USD/JPY is bullish but from the past few trading sessions, prices are no more sustaining at higher levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 120. Today if the pair breaks its support level & managed to sustain below it, then we can expect it to test the level of  119.60/119.30 in today's session.

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USD/JPY ( 30 Minutes ) :

INDICATORS :

RSI is sustaining near the selling territory, indicating the upcoming bearish trend in the pair.

MACD has recently breached the zero line, indicating the upcoming bearish trend in the pair.

STRATEGY : 

USD/JPY is looking further bearish on charts. 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	1.0997	1.1059	1.1102	1.1164	1.1207	1.1269	1.1312
GBP/USD	1.4992	1.5040	1.5080	1.5128	1.5168	1.5216	1.5256
USD/JPY	119.63	119.80	119.97	120.14	120.31	120.48	120.65
USD/CHF	0.9223	0.9265	0.9301	0.9343	0.9379	0.9421	0.9457
AUD/USD	0.7754	0.7777	0.7807	0.7830	0.7860	0.7883	0.7913
EUR/GBP	0.7297	0.7323	0.7347	0.7373	0.7397	0.7423	0.7447
USD/CAD	1.1957	1.2020	1.2057	1.2120	1.2157	1.2220	1.2257
NZD/USD	0.7452	0.7479	0.7508	0.7535	0.7564	0.7591	0.7620

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