time frame- H1
the price is movign in the symmetrical triangle it has a support at the pivot point 98.57and the resistance 99.00. we can short with breakout. the price will try to break support so short with the take profit at 98.15
good luck
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time frame- H1
the price is movign in the symmetrical triangle it has a support at the pivot point 98.57and the resistance 99.00. we can short with breakout. the price will try to break support so short with the take profit at 98.15
good luck
My analysist for usdjpy today,11 june 2013 using open market price strategy
buy stop 98.94 tp 99.14 sl 98.34
sell stop 98.54 tp 98.34 sl 99.14
happy enjoy trading...
Usd/jpy analysis for 06.11.2013 by using pivot indicator.
r3: 101.02
r2: 100.14
r1: 99.45
pivot: 98.57
s1: 97.88
s2: 97.00
s3: 96.31
today i like to sell this pair @ 98.50 to 98.70 range
my stop loss of the day @ 98.90
half take profit @ 98.10
and half @ 97.67
The following data is predicted based on indicators that we use for the currency pair USDJPY today, for today's resistance levels as follows: RI (99.71) R II (100.21) R III (101.08). and to this day support levels as follows: SI (97.55) S II (96.95) S IIII (96.24)
recommendation:
place your sell stop at 98.38 profit targets at 98.18. (Seller zones)
place your buy stop at 98.78 profit targets on 98.98 (buyer zone)
Current decline is powerful and has weakness really can be seen in the back ground and Now we should see a break beow 97.52 for a move to test the 95.54 support which hold on friday But I am eyeing at least 90.89 which would be the end of Wave IVth and then wave Vth towards the new high check the chart this is only for intraday purpose
http://img4.imageshack.us/img4/7420/usdjpyh1.png
Uploaded with ImageShack.us
Our preference: LONG positions above 97.5 with targets @ 99.5 & 100.4.
Alternative scenario: The downside breakout of 97.5 will open the way to 96.9 & 96.3.
Comment: the pair is rebounding on its support, the RSI lacks downward momentum.
USD/JPY intraday: BULLISH trend dominates.
Pivot@ 97.50.
My choice: Open BUY trade on top of 97.5 with targets @ 99.5 & 100.4.
Alternate choice conditions: The down-side breakout of 97.5 could open the way to 96.9 & 96.3.
Remark: the pair is bounce back on its support, the RSI falls short of downward momentum.
http://dl.dropbox.com/u/51561036/scr...611-154051.jpg
Yes, I'm with you, if we only in the story felt. Twenty years ago, the added value of three hundred, about ten years ago there were about one eighty-five years, maybe worth to go to fifty.
Usd/jpy technical analysis
date : 06.11.2013
time : 08:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 40.88
2) MACD (26,12,9)
value: 0.1057
3) ADX (14)
value: 21.73
4)CCI(14)
value: -74.76
overall trend - slightly bearish.