today offers opportunities to convert intraday trading download
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today offers opportunities to convert intraday trading download
The daily pivot is at 84.17.
The price is trading way above daily pivot so we can go long in this pair. Currently the price is testing daily R2 after a break from it.
So a pull back to daily R1 or at R2 will be good place to buy this pair.
So unexpectedly opened today, a pair of strong convergence to the north and has even broke the 85.00 mark on older charts course also managed to strengthen above the 200 MA (which was held in figure 85.00) seems to be postponed sale, the purchase will be considered when re-approaching 85.00 mark or the breakout of the current maximum of 85.50.
http://i49.tinypic.com/24cfxo0.png
The price is trapped between the support and resistance while the bulls are trying to break the significant high oh 85.53 recorded on April 06, 2011 but the combination of RSI 7 and RSI 14 shows extremely overbought condition. At this position we should be neutral over intraday basis but break above the 85.55 with a daily closing will join bulls.
USDJPY may rise towards 85.79, and after that if will likely goes down towards 85.33and may continue to 85.06
Yeah, As i have agreed for you, that after you past the application falling over downward primarily. Various 20 years once again, rate is alot more then simply 299, available a once again rate is available 160 and here sixty, it's possible that when 5 years rate takes it to 50.
I think the bullish trend on USDJPY still strong until now and there's no significant reversal signal yet. So, in my view, USDJPY will try to reach the resistance level at 85.76 today. Then, if USDJPY also can break that resistance, it will open a way for USDJPY to continue the bullish trend again and reach the next resistance level at around 86.32.Spoiler:
USD-JPY price here also on still sideways, we see the price difficult to more up that resistance 85.72. But, for next probably price move, we can search for additional buy OP here if truly that resistance 85.72 can be break up too by strong buyer.
By jpy again climbed into buying the pair formed a clear upward channel and continues to grow after his release from the lower boundary, a bit annoying double divergence MASD if this will break sloping channel line and break of support at 85.60 OVER sale.
http://i45.tinypic.com/11kgtp1.png
The pair has successfully break the high recorded on April 06, 2011 at 85.53 by neglecting the extreme overbought condition shows on the combination of RSI 7 and RSI 14 indicator as how in the provided daily chart. According to my chart analysis, I prefer to buying the pair around 85.60 with target 87.00 and stoploss is below 84.80.