Technical analysis 14 mei 2012
1. Trend analysis today with sma system:
sma 16 as short term trend indicator = up
sma 96 as medium term trend indicator = up
sma 480 as long term trend indicator = up
So the trend is up strong.
2. Pivot,ressistance and support level this day:
p: 79.88
r1: 80.03
r2: 80.14
r3: 80.29
s1: 79.77
s2: 79.62
s3: 79.51
Technical analysis 15 mei 2012
Mrenstein signal indicator now:
tf m15: 67.86
tf m30: 72.41
tf h1: 71.87
tf h4: 54.17
tf d1: 65.44
USD / JPY today tend sideways around the area between daily pivot (79.90) and the weekly pivot (79.81). The trend is also demonstrated by the sideways movement of 480 ma, so it can be said that the trend is still sideways.Ma 16 that has been cut ma 96 be a sign that the movement of prices can go up to the point of first daily resistance (80.13).