The pair has started corrections. The first level is at 87.728, the next at 86.861. The pair has unclosed gap at 84.866 and this will support deep corrections.
Resistance: 88.640, 90.045, 92.580
Support: 87.728, 86.861, 85.960
Printable View
The pair has started corrections. The first level is at 87.728, the next at 86.861. The pair has unclosed gap at 84.866 and this will support deep corrections.
Resistance: 88.640, 90.045, 92.580
Support: 87.728, 86.861, 85.960
In relation to the yen dollar rebounded today of strong resistance at 87.80 which is now in a state of fluctuation I expect Les rise to the levels of 88.90 and rebound, but in the case of continued ascent expect possible go to 0.8950 and was them rebound
http://www14.0zz0.com/2013/01/17/00/661347634.gif
we can see in the 4h chart
the pair will go to up way to the up trend line
i see the pair will go to up way to 89.60
stochastic refers that the pair will go up
so our target buy from 88.61 and our target will 100pips
Good luck
If we look on H4 time frame, we can see that the current candle is trying to break the resistance level at 88.68. Then, if USDJPY can break this resistance successfully and this current candle can close above that resistance level, this pair may continue going up to the next resistance level at around 89.30.
Usd / jpy जोड़ी बुधवार को सत्र के दौरान गिर गया, लेकिन पर्याप्त 87.25 रेंज में समर्थन करने के लिए एक अच्छा दिखने हथौड़ा फार्म पर्याप्त उछाल पाया. यह हथौड़ा हाल ही में एक स्विंग उच्च के शीर्ष पर बैठता है, तो निश्चित रूप से यह समझ में आता है कि यह यहाँ दिखाई चाहिए.
On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI cross the line below area 50 ,indicates the trend is still down
Recommendation: SELL
Take profit: 86.75
SL:88.85
short positions at 88.70 with 88.40 and 88.10 as next targets
the breakout of 88.95 will call for arebound towards 89.25
buy usd/jpy at the level 88.66 with targets at 89.15 and 89.45, but in case of breaking the level 88.34, then sell at this level with targets at 87.77 and 87.28
A pair recovers to 88.60/61 area Has influenced statements contained Japan prior to the meeting of the monetary policy of the bank of Japan next week
the price action of the pair clearly where severely disrupted with he statements issued by senior official
http://i46.tinypic.com/vdn4oy.gif
The pair is trying to move upside but limited below the Linear Regression Indicator as shown in the provided chart. The stochastic also shows the negative cross which supports our expectation. According to my chart analysis, I prefer to selling the pair below 88.20 with targets 87.90, 87.45 then 87.00 and stoploss with four hour candle closing above 89.00.
Spoiler: