Printable View
in the m30 chart the price is making a doji pattern at the support at 93.18 but this support is break and price will try to move support side. the price is also overbought but it will be move to the support at 92.80 we can short this pair with the target and stop loss is 93.55
Pair : USDJPY
Updated : Tue, Mar 05 11:57
Price : 93.08
Movement : -39.1 Pips
Movement : -0.42%
Support : 92.90
Pivot : 93.45
Resistance : 94.00
:):)
USD/JPY intraday: under pressure.
Pivot: 93.65.
Our preference: SHORT positions below 93.65 with 92.7 & 92.35 in sight.
Alternative scenario: The upside penetration of 93.65 will call for 93.9 & 94.3.
Comment: the pair has broken below its support and remains under pressure, the RSI is badly directed but is approaching its oversold area.
Usd/jpy analysis by using : moving averages.
date : 03.05.2013
time frame : 15 min
ema5 : 93.11 signal-sell.
ema10:93.10 signal-sell.
ema20:93.14 signal-sell.
time : 08:15 GMT
Usd/jpy analysis for 03.05.2013 by using pivot indicator.
r3: 94.33
r2: 94.03
r1: 93.75
pivot: 93.46
s1: 93.18
s2: 92.89
s3: 92.61
USD/JPY : is still revolving and rising slowly , it broke the bullish channel on the 4 hours time frame , it may land to 92.47 then 92.21 then bounce , but in the rising case it may rise to 93.68 then 94.19 and if it broke that resistant it may climb to 94.52 then bounce .
USD/JPY technical analysis for 05.03.2013 by using : Stochastic indicator (8.3.3)
If the currency pair made it through resistance at 93.76 levels will likely potential targets towards next resistance level at 94.04 and 94.29 furthest ranges - 94.70. And if instead got through support at 93.06 would likely potential targets towards next support at 92.85 level and the furthest range of 92.65 - 92.20.
Stochastic indicator (8.3.3), the second line of cutting and pointing upward indicate the direction of the potential to rise.
Kisaran Pergerakan :
Pendek : 93.00 - 93.80
Normal : 92.60 - 94.35
Lebar : 92.10 - 94.75
Tren Pasar :
Short-Term : Consolidation
Medium-Term : Bullish
Long-Term : Bearish
Based on the daily chart,
USDJPY bearish trend in candlestick format with evening star.
The next movement is likely to try to break through support at USDJPY 92.99
and if it managed to penetrate the target support next is 92.62.
Trading recommendations:
Wait to move back, and when the bullish break through support at 93.44 take position sell at 93.40.
SELL stop (pending order) at 1.3024. Take profit is at 1.3010. Stop loss is at 1.3034. Alternative: BUY stop (pending order) at 1.3051. Take profit is at 1.3065. Stop loss is at 1.3041.
USD / JPY may be trying to take on sale, the continuing decline of the southern, as seen here working out a clear mirror level (when pierced Support 93.20 acted as resistance) increases the signal to sell well as a false breakdown (last hour candle), the goal until 92.50, when break 93.00 will be adding more sales.