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USD/JPY intraday: further upside.
Pivot: 95.45.
Our preference: LONG positions above 95.45 with targets @ 96.5 & 96.8.
Alternative scenario: The downside penetration of 95.45 will call for 94.8 & 94.35.
Comment: the pair remains on the upside and should reach its previous high, the RSI stands above its neutrality area and is turning up.
Usd/jpy analysis for 03.11.2013 by using pivot indicator.
r3: 98.53
r2: 97.54
r1: 96.77
pivot: 95.78
s1: 95.01
s2: 94.02
s3: 93.25
usdjpy test 96.25 again today and it has already tested 96.55 on us job data .there are so much talks about it to post 100 mark which looks very easy at the moment. if market keep posting new highs and keep weakening than 100 mark can be achieve within this week.so buy usdjpy on dips
http://charts.mql5.com/1/132/usdjpy-...orex-group.png
we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 95.18
stochastic refers that the pair will go down
so our target sell from 96.15 and our target will 95pips
Good luck
:good::respect::peace::accute:
Isnt 95 pips a huge difference.I guess there is a resistance at the level of 95.80, so it may go down till that, if it breaks the resistance then 95.18 can be a profitable business.
in the M30 time frame the price is moving in the range of support and resistance. the support is 95.90 and the resistance is 96.30. at the time the stoch indicator is also moving to the side of overbought. so may be it is break the resistance and move to the 97.00
http://charts.mql5.com/1/134/usdjpy-...ex-group-3.png
hi
how are you
we can see in the 1h chart
the pair can close up the up trend line
i see the pair will go to up way to 97.62
stochastic refers that the pair will go up
so our target buy from 96.62 and our target will 100pips
Good luck
Pair : USDJPY
Updated : Tue, Mar 12 08:17
Price : 96.51, respectively
Movement : 23.5 Pips
Movement : 0.24%
Support : 95.75
Pivot : 96.18
Resistance : 96.62
Usd/jpy technical analysis by using moving averages.
date : 03.12.2013
time : 03:15 GMT
time frame : 15 min
sma200 : 95.94 signal- buy.
sma100 : 96.25 signal- buy.
Usd/jpy analysis for 03.12.2013 by using pivot indicator.
r3: 96.84
r2: 96.60
r1: 96.43
pivot: 96.19
s1: 96.02
s2: 95.78
s3: 95.61