Usd/Jpy

Looks like USDJPY is still bullish, looking at weekly chart it still has room to 100 but it need to break 94.25 level
Just be caution, do not buy on the top (94), it will be hard to put SL

In general, the chart will look mainly at the top, and this channel for 30 min chart, starts a little break in the northern side, the histogram has crossed its signal line and begins to climb ... just fought off and stochastics oversold area and goes to the top ... so I think that the northern trend is not over yet, and most likely will see the price of their previous highs ...

http://charts.mql5.com/1/115/usdjpy-...nies-group.png



hi

how are you

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 92.31

stochastic refer that the pair will go down

so our target sell from 93.31 and our target will 100pips

Good luck

Pair : USDJPY
Updated : Wed, Mar 06 08:56
Price : 93.10
Movement : -17.8 Pips
Movement : -0.19%

Support : 92.63
Pivot : 93.24
Resistance : 93.86

USD/JPY analysis for March 06,2013 based on daily median

Upwards scenario:

If price move above 93.27 expected target are:

R1 : 93.38
R2 : 93.53
R3 : 93.69

Downwards scenario:

If price move below 93.27 expected target are:

S1 : 93.06
S2 : 92.91
S3 : 92.75

USD / JPY Pressing 93.00

While there is still a period of consolidation above 93.00, volatility in the USD / JPY started to increase, with the rejection of impulsive 93.50 in the last 24 hours trading. Price is currently testing the patience of the buyer back to the level of 93.00, after the second rotation away from 93.50 in the North American session and then.

The up side still looks difficult because there is no interest in buying the lot. Graphics by one hour shows indicators flat in positive territory, although the SMA 100 SMA menyilangi 200, which showed a further increase towards 93.80 major resistance level. While risk appetite is likely to prevent this pair of drop out 92.80 support area, the increase was also seen limited by 94.00 price zone / 10, where the seller is coping. "

On the fundamental side, the Japanese government confirmed that the country's upper house will hold hearings for candidates BoJ chief Kuroda on March 11, while Iwata and Nakaso hearing scheduled for March 12.

Support: 93.03, 92.94, 92.89
Resistance: 93.32, 93.23, 93.18

USD/JPY : is changed his way to rising and it's moving in a bullish channel on the daily time frame , expectation it may rise to 94.55 then bounce , in the case of landing it may land to 92.17 then 90.95 then bounce . the currency would have a tough move with the american non - farm news .

USD/JPY intraday: the downside prevails.

Pivot: 93.50.
Our preference: SHORT positions below 93.5 with 93 & 92.7 as next targets.
Alternative scenario: The upside penetration of 93.5 will call for 93.65 & 93.9.
Comment: the pair is under pressure and is challenging its support, the RSI stands below its neutrality area and is turning down.

Usd/jpy analysis by using : moving averages.

date : 03.06.2013
time frame : 15 min

ema5 : 93.29 signal-buy.
ema10:93.27 signal-buy.
ema20:93.24 signal-buy.

time : 08:15 GMT

USDJPY continues to trade above the 8 period moving averages.
The scenarios stated yesterday being an approach to this average for the possibility of a bounce that takes out the previous HH or a break beneath this and the 34 period averages would once again possibly push USDJPY back in the direction of the 25th February low are still valid.

Trend = Long