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1 Attachment(s)
Time Frame -1H
i think that the pair is still in a bearish trend even with the current movement which shows some positive trend .the target is at 112.45 and this will happen only if the pair does not breach 113.95 level. if it does than i think that 116.00 will be the next target .
Attachment 14268
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USDJPY: consolidation below the level of 114
USDJPY
March 14, 2016, 11:21
Buy on a level breakthrough of 114.00 with 114.55 target. Stop loss = 113.50.
Reason for the trading strategy
The Bank of Japan meeting will be held tomorrow. The regulator is likely to keep the parameters of the monetary policy unchanged, but may hint at the possibility of its softening in the future. Currently, the Bank of Japan is extremely concerned about the country's inflation rate being virtually zero.
USDJPY, H4
https://www.exness.com/media/media/2.../14/usdjpy.png
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on the chart the beginning price of USDJPY was today set almost below the middle pivot price which is at 113.35 which used to clarify the existance of a downward direction currently today. In agreement with the cross movements the fast MA20 settles below the slow 48MA to perform a state of bearish signal for a long stand. As the price settles above the levels of the trend magic indicator it could be said that we have a better favor for the upward trend for the moment. finally all of the aboce leads us to think about being at downward movement and it shouldn't break the resistance level at the price 113.95 and the profit claiming levels could be positioned close to the area of 112.55 for intial and then can seek 111.75 as good profit claiming levels for the sell orders you may still keeping
http://funkyimg.com/i/29cDz.gif
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http://s18.postimg.org/vj8fjidex/ciocio_27.jpg
In the picture is already apparent that there is the intersection of the four moving averages 5, 8 to 20, 30. This suggests there will be a strong signal to rise significantly in today. therefore I suggest to you to be more aggressive in this forex trading. By using good money management then you can put TP on level R2: 114.87, or may be more than that and install the SL at S1: 112.50.
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pair- usd/jpy
time frame- daily
technical analysis-
http://i67.tinypic.com/5xpytl.jpg
the price is moving in the channel pattern with having support at the 111.40 level and resistance at the 114.80 level. the price is now support and making bullish candle. long with the profit target at 114.50 and stop loss at the 110.10
good luck
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The pair is shown against the yen some tilt upward slightly to test the 112.00 barrier now, while the moving average lasts 50 to form a negative pressure in front of a short-term trading, as long as the price is below the level of 113.97, the expectations for the downside will remain effective for the coming period, pending a visit 110.00 levels then 106.63 mainly.
http://i.imgur.com/1saGyy9.png
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http://s12.postimg.org/qwlo3pwx9/screenshot_9.png
For those of you who like the pair USD JPY then you should use this opportunity to immediately take short positions. It is obvious that the trend down will begin. with the confirmation of Stoch indicator 525 which has been led down and exceeded the level of 80% then this indicates a strong sell signal. If you want to be patient waiting for confirmation of the moving average indicator then this will give a stronger signal in this analysis.
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pair- usd/jpy
time frame- h4
technical analysis-
http://i68.tinypic.com/k4e8gj.jpg
the price is showing overbought as stoch moving above 80 level and in the price chart it is also fibo resistance level 61.8 level. the up movement may rejecting with 113.20 level. short with profit target at 111.00 level and stop loss at the 113.80 level.
good luck
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usd/jpy hamesha se stock par dpeend hokar he market me move karta hai aur ess pair ne ess week me kaafi up kiya hai kyunki yen weak hua hai har pair ke saat me,yahan par dhyaan se he trader ko kaam karna chahioye..
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Crawls dollar versus the yen up to approaching a retest of the critical resistance level of 113.97, accompanied by the arrival of the stochastic overbought areas, which is a negative factor adds further strength to the mentioned resistance, along with the SMA 50 is a negative pressure continuously in front of a short-term trading.
http://i.imgur.com/ShyWmma.png