Theforexsignalspro USDJPY Daily Analysis

Pivot: 78.35.

Our Preference: LONG positions above 78.35 with 78.85 & 79 in sight.

Alternative scenario: The downside penetration of 78.35 will call for 78.2 & 78.05.

Key levels Comment

79.2** Intraday resistance
79** Intraday resistance
78.85** Intraday resistance
78.587 Last
78.35** Intraday pivot point
78.2** Fib retracement (38.2%)
78.05** Fib retracement (50%)

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Pivot: 78.30.

Our Preference: LONG positions above 78.3 with targets @ 78.7 & 78.85.

Alternative scenario: The downside breakout of 78.3 will open the way to 78.05 & 77.95.

Key levels Comment

79** Intraday resistance
78.85** Intraday resistance
78.7** Intraday resistance
78.377 Last
78.3*** Intraday pivot point
78.05** Fib retracement (61.8%)
77.95** Intraday support

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Pivot: 78.65

Our preference: Short positions below 78.65 with targets @ 78.25 & 78.05 in extension.

Alternative scenario: Above 78.65 look for further upside with 78.85 & 79 as targets.

Key levels
79
78.85
78.65
78.210 last
78.25
78.05
77.85

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Pivot: 78.45.

Our Preference: SHORT positions below 78.45 with targets @ 78.05 & 77.85.

Alternative scenario: The upside penetration of 78.45 will call for a rebound towards 78.65 & 78.85.

Key levels Comment

78.85** Intraday resistance
78.65*** Intraday resistance
78.45*** Intraday pivot point
78.343 Last
78.05*** Intraday support
77.85** Intraday support
77.75** Intraday support

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Pivot: 78.45.

Our Preference: SHORT positions below 78.45 with 78.05 & 77.85 as next targets.

Alternative scenario: The upside penetration of 78.45 will call for a rebound towards 78.65 & 78.85.

Key levels Comment

78.85** Intraday resistance
78.65*** Intraday resistance
78.45*** Intraday pivot point
78.276 Last
78.05*** Intraday support
77.85** Intraday support
77.75** Intraday support

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Pivot: 78.35.

Our Preference: SHORT positions below 78.35 with 77.85 & 77.75 as next targets.

Alternative scenario: The upside penetration of 78.35 will call for 78.45 & 78.65.

Key levels Comment

78.65** Intraday resistance
78.45*** Intraday resistance
78.35*** Intraday pivot point
78.001 Last
77.85** Intraday support
77.75** Intraday support
77.65** Intraday support

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Pivot: 78.25.

Our Preference: LONG positions above 78.25 with targets @ 78.55 & 78.65.

Alternative scenario: The downside penetration of 78.25 will call for a slide towards 78.1 & 77.95.

Key levels Comment

78.75** Intraday resistance
78.65** Intraday resistance
78.55*** Intraday resistance
78.447 Last
78.25** Intraday pivot point
78.1** Intraday support
77.95** Intraday support

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Pivot: 78.35.

Our Preference: LONG positions above 78.35 with 78.65 & 78.75 in sight.

Alternative scenario: The downside penetration of 78.35 will call for a slide towards 78.25 & 78.1.

Key levels Comment

78.9** Intraday resistance
78.75** Intraday resistance
78.65*** Intraday resistance
78.561 Last
78.35** Intraday pivot point
78.25** Intraday support
78.1** Intraday support

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Pivot: 78.60.

Our Preference: LONG positions @ 78.65 with 79 & 79.15 in sight.

Alternative scenario: The downside penetration of 78.6 will call for 78.45 & 78.25.

Key levels Comment

79.25** Intraday resistance
79.15** Intraday resistance
79** Intraday resistance
78.902 Last
78.6*** Intraday pivot point
78.45** Intraday support
78.25*** Intraday support

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Pivot: 78.60.

Our Preference: LONG positions above 78.6 with 78.85 & 78.95 in sight.

Alternative scenario: The downside penetration of 78.6 will call for a slide towards 78.45 & 78.25.

Key levels Comment

79** Intraday resistance
78.95** Intraday resistance
78.85** Intraday resistance
78.670 Last
78.6*** Intraday pivot point
78.45** Intraday support
78.25*** Intraday support

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Pivot: 78.90.

Our Preference: LONG positions above 78.9 with 79.2 & 79.4 as next targets.

Alternative scenario: The downside penetration of 78.9 will call for a slide towards 78.8 & 78.6.

Key levels Comment

79.5** Intraday resistance
79.4** Intraday resistance
79.2*** Intraday resistance
79.048 Last
78.9** Intraday pivot point
78.8** Intraday support
78.6*** Intraday support

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Pivot: 79.05

Our preference: Long positions above 79.05 with targets @ 79.5 & 79.7 in extension.

Alternative scenario: Below 79.05 look for further downside with 78.95 & 78.8 as targets.

Key levels
79.9
79.7
79.5
79.327 last
79.05
78.95
78.8

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Pivot: 79.1

Our preference: Long positions above 79.1 with targets @ 79.7 & 79.9 in extension.

Alternative scenario: Below 79.1 look for further downside with 78.95 & 78.8 as targets.

Key levels
80.1
79.9
79.7
79.598 last
79.1
78.95
78.8

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Pivot: 79.65.

Our Preference: LONG positions above 79.65 with targets @ 80.1 & 80.35.

Alternative scenario: The downside penetration of 79.65 will call for a slide towards 79.4 & 79.1.

Key levels Comment

80.6*** Intraday resistance
80.35* Intraday resistance
80.1*** Intraday resistance
79.841 Last
79.65** Intraday pivot point
79.4*** Intraday support
79.1** Intraday support
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Pivot: 79.65.

Our Preference: LONG positions above 79.65 with 80 & 80.1 as next targets.

Alternative scenario: The downside breakout of 79.65 will open the way to 79.4 & 79.1.

Key levels Comment

80.35** Intraday resistance
80.1* Intraday resistance
80*** Intraday resistance
79.872 Last
79.65** Intraday pivot point
79.4*** Intraday support
79.1** Intraday support

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Pivot: 79.65.

Our preference: LONG positions above 79.65 with 80.1 & 80.35 in sight.

Alternative scenario: The downside penetration of 79.65 will call for a slide towards 79.4 & 79.1.

Key levels Comment

80.6** Intraday resistance
80.35* Intraday resistance
80.1*** Intraday resistance
80.145 Last
79.65** Intraday pivot point
79.4*** Intraday support
79.1** Intraday support

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Pivot: 80.2

Our preference: Short positions below 80.2 with targets @ 79.65 & 79.4 in extension.

Alternative scenario: Above 80.2 look for further upside with 80.35 & 80.6 as targets.

Key levels
80.6
80.35
80.2
79.921 last
79.65
79.4
79.15

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Pivot: 79.9

Our preference: Short positions below 79.9 with targets @ 79.4 & 79.15 in extension.

Alternative scenario: Above 79.9 look for further upside with 80.1 & 80.35 as targets.

Key levels
80.35
80.1
79.9
79.691 last
79.4
79.15
78.95

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Pivot: 79.75

Our preference: Short positions below 79.75 with targets @ 79.3 & 79.2 in extension.

Alternative scenario: Above 79.75 look for further upside with 79.9 & 80.1 as targets.

Key levels
80.1
79.9
79.75
79.590 last
79.3
79.2
78.95

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Pivot: 79.75

Our preference: Long positions above 79.75 with targets @ 80.3 & 80.4 in extension.

Alternative scenario: Below 79.75 look for further downside with 79.65 & 79.5 as targets.

Key levels
80.5
80.4
80.3
80.004 last
79.75
79.65
79.5

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