Usd/Jpy

USD / JPY Technical:girl:

Resistance 3: 82,89.
Resistance 2: 82,73.
Resistance 1: 82,56.
Support 1: 82,36.:good:
Support 2: 82,20.
Support 3: 82.03.:respect:

Uptrend USDJPY from 79.07 extends to as high as 82.58. Further increases may be seen after minor consolidation, and next target would be at 83.00 area.

http://img703.imageshack.us/img703/5695/imagedz.gif

Close pair USD / JPY yesterday, higher than the level of 82.35 to reinforce the upward trend in the short term

Next target there at the level of 83.45 but may hang a bit because of saturation on Stochastic, which could push ensure the correct bit or oscillation to gain strength to complete his rise

I just trade based on bollingger band.yesterday a doji was formed.today i assume the market will go down.ill wait for sell today.what say you?

for all .., The USDJPY can be more bearish. And this bearish still play here as long as the price (on today move) can still move bellow that strong resistance (82.83). Of course - make plan to search for sell here is better idea but with SL max. on above that resistance (82.83)

TODAY TECHNICAL LEVEL: Resistance 3: 82.89.Resistance 2: 82.73.Resistance 1: 82.56.Support 1: 82.36.Support 2: 82.20.Support 3: 82.03. DESCRIPTION: Please pay attention to the level of Support. 3 (81.03 and Resistance. 3 (82.89). Generally, when these levels is achieved, USD / JPY is to rebound from the previous level of minimum 10 to 20 pips, but if the levels successfully

Support: 81.94
Pivot: 82.51
Resistance: 83.08

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for USDJPY 80% Buy

Fibonacci lines in H1 time frame :
0.0 : 82.25.
38.2 : 82.47.
61.8 : 82.61.
76.4 : 82.69.
100.0 : 82.83.
FE 38.2 : 82.03.
FE 61.8 : 81.89.
Scenario : the price could reach FE 38.2 AND next target is FE 61.8 or 76.4 for bearish trend.

USD / JPY traded at Extreme Overbought Territory

Former Japanese Prime Minister Shinzo Abe said on Wednesday that he wants to spearhead the economic recovery and to strengthen the Japanese military if his party get control back in next month's elections.

Abe promised that nominal economic growth will reach 3 percent through an intensive reform program over the next five years. He also set an inflation target of 2 percent, and he also promised to use bold monetary policy in order to reduce deflationary state.

While continuing U.S. economic recovery seems to work encouraged the business community to increase manufacturing activity. This is evident from the continued expansion of the manufacturing sector in October. The manufacturing index reached 52.4; higher than the predicted 51.2 and 51.0 points in September publications.

USDJ / PY has rallied above the 200 DMA and looks as seen in the graph H4.
http://i48.tinypic.com/w5wcj.jpg
The momentum has faded and the MACD has formed a negative divergence. In the pattern of RSI USD / JPY has been trading in extreme overbought territory and have formed a negative divergence.

Usd/jpy technical analysis for 23.11.2012 by using : Auto pivot indicator.

resistance 3:83.40
resistance 2:83.12
resistance 1:82.81

pivot point :82.54

support 1:82.23
support 2:81.95
support 3:81.64