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MFTRADER ,
04-19-2012, 10:28 PM
the pair is hovering below important resistance at 82.00 ,also approaching to top of the descending channel,and 120 period moving average also,oscillator shows overbought and evreything is prepared fot going short at the market with good risk/reward rathio . my tp is placed at 80.00
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Ye pair downtrend ke movement par hain par agar ye 80.71 touch hota hai to 81.21 tak jaa sakta hain. Maine 80.66 me sell kiya tha aur 80.12 me closed kar diya.
Today analysis for the pair of : Usd/Jpy
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 110.95
2# Resistance is: 111.11
3# Resistance is: 111.38
Supporting level of this pair is :
1# Supporting is: 110.42
2# Supporting is: 110.26
3# Supporting is: 110.00
Today usdjpy currencies Price is 110.535
Today by checking the all previous routine of the chart I think that the most profitable next sell point will be 110.472
And the most profitable next buy point will be 110.653
Hope you will follow me so you will get more money because I posted this after checking the market carefully Good luck my friend
My all best wishes are with you
Please don't forget to thank me
Thanks for reading my post
Ye pair downtrend ke movement par hain par agar ye 80.71 touch hota hai to 81.21 tak jaa sakta hain. Maine 80.66 me sell kiya tha aur 80.12 me closed kar diya.
At the moment trend is bullish but price action has been held by the trendline resistance around 78.55 area and we are coming back into the trendline next area of target is 78.49 but close above pivot will make us see 78.70-78.90 area...lets be careful of news out of japan with the government saying they will be out of cash by october
I try to make analysis for usdjpy pair today.
I see this pair still in strong bullish movement . If this pair can break the 110.70 resistance level, I predict this pair will go up to the next resistance level at 111.18 But if this pair go down and break 110.19 support level, I predict this pair will make some correction to the next support level at around 109.67
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 110.33 and take profit at 111.20
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
bullish trend seems to be taking place on the usdjpy pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 110.44 and strong support at level 110.24 in hourly time frame. there is possible chance price will move to up side. then next high price is 110.94
I suggest to entry BUY with stoploss at 110.09 and take profit at 110.94
I hope you can earn consistent profit from my signal, good luck
Technical analysis of Usd/Jpy is bullish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:110.54
2> Resistance level is: 110.68
3> Resistance level is: 110.79
Supporting level is
1> Supporting level is: 110.26
2> Supporting level is: 110.13
3> Supporting level is: 109.97
Technical analysis of Usd/Jpy is bullish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:110.54
2> Resistance level is: 110.68
3> Resistance level is: 110.79
Supporting level is
1> Supporting level is: 110.26
2> Supporting level is: 110.13
3> Supporting level is: 109.97