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in this chart 1h we can see the pair will go to down way in the
future
the pair now is between triangle
I see the pair will go to 81.98
RSI also refers to down way
I expect from this analyze that the price will go to down way
so sell from 82.19 to 81.98http://www6.0zz0.com/2012/12/10/12/253369201.gif
The pair is working out the Triangle figure. The end of the figure maybe expected at 83.330.
Resistance: 83.330, 86.836, 90.909
Support: 80.244, 76.535, 73.126
http://xa.mg40.mail.yahoo.com/ya/dow...d=YahooMailNeo
Dollar’s retreat after last week’s brief rise to 82.84 (failed to penetrate indicated upper range of 82.84) has retained our view that further choppy trading within recent established range of 81.69-82.84 would be seen, risk remains for retreat to 82.00-05, however, support at 81.73 should limit...
We dont have any well-defined signal,but trend is upward.
Buy from 89.85
USDJPY still sideway movement tends to persist in the area of 82.66 - 81.82 and it is possible for USDJPY to breakout from the sideway area. If the area of the upper-sideway 82.66 permeable, it USDJPY has a chance to move up to achieve the level of 83.30. Meanwhile, if the area of the lower-sideway range 81.82 an impenetrable area, the potential for further reduction target in the range of 81.00 level area.
The pair is breaking the pivot and moving above it, so I think USDJPY will touch 82.61, but if the pair fall again below its pivot (82.36), it is possible to fall towards 82.09
The USD/JPY pair is probably going to be the most interesting market of 2013. I currently see that this market has one major driving factor behind the sudden bullishness, and that would be the opposition leader in Japan. Mr. Abe has already suggested that if he wins election, and it is expected that he will, that he is going to put significant pressure on the Bank of Japan to continue to print "unlimited Yen."
Support: 81.85
Pivot: 82.37
Resistance: 82.89
trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel hold
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDJPY 60% Buy
Intraday bias in USD/JPY remains neutral as consolidation from 82.83 extends. On the upside, break of 82.83 will extend the rise 77.13 to 84.17 resistance. Though, we'd be cautious on topping signal there. On the downside, below 81.68 will extend the consolidation lower. But in that case, downside should be contained above 80.67 resistance turned support and bring rally resumption.
In the bigger picture, rise from 77.13 is viewed as a leg inside the consolidation pattern from 75.56. Such rally could extend to 84.17 and above. But after all, there is no clear indication of long term trend reversal yet. As long as 85.51 resistance holds, we'd expect the downside from 124.13 to resume sooner or later to a new low below 75.56.
http://img89.imageshack.us/img89/606/imagefmg.gif
Still USD / JPY oscillates between levels are support 81.70 and resistance at 82.80, and should exceed price of one of these levels to confirm the next trend in the short term.
Stochastic neutral now and does not provide a preference for one direction over the other.