Printable View
On the 4 hour chart MASD formed a clear signal to sell, to the same pair went on a release from the top of the medium-term channel formed a bearish engulfing, also worth noting that attempts to fix a pair of oxen 91.00 above figures were unsuccessful, and they seem to have lost their power forward to continuing southern reduce the 90.00 figure.
http://www5.0zz0.com/2013/01/28/20/840955879.gif
we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 90.11
stochastic refers that the pair will go down
so our target sell from 90.76 and our target will 40pips
Good luck
usdjpy is looking that it will remain on the higher side and make new peaks so buy on dip and target atleast 94.80 because after 90 breakage its the only strong resistance in my point of view , you can also use adding strategy buy at 90.30 when it breach 91.30 add one more there and target 94.60/80
http://www5.0zz0.com/2013/01/28/20/542366468.gif
we can see in the 1h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 91.77
stochastic refer that the pair will go down
so our target sell from 90.77 and our target will 100pips
Good luck
as per my analysis now we can short this pair. because we can see from last days it was not able to break the higher resistance at 91.50 and its also moving to down side try to change its trend. we can take our short position with stop loss 91.50 and take profit is 90.20
the combine and as we could see direct from chart has closed its daily candle below the level of 77. 00, thus, thats mean the down trend continues to be standing and also the combine is heading to actually 76. 60 then 76. 40
http://www13.0zz0.com/2013/01/29/01/100812902.gif
we can see in the 4h chart
the pair will go down to fibo 23.6
I see the pair will go to down way to 90.15
stochastic refers that the pair will go down
so our target sell from 90.51 and our target will 25pips
Good luck
:good::))):)
Analysis result USD JPY 29-01-2013
SIDEWAYS, UP TREND (WEAK)
Signal 20 pips : BUY @ 91.07 Set S/L @ 90.77 Set TP @ 91.27
Signal Breakout : BUY @ 91.27 Set S/L @ 90.97 Set TP @ 91.47
Reversal Prediction HIGH : 91.47
USDJPY climb up and trying to break its pivot level 90.88, if it broken, the pair may continue climbing to 91.21 or higher, but if it fails to break the level, the pair may go back down towards 90.52 or lower.