Dear sir,yesterday,Initial support is located at 85.00 (Big figure support) followed by 79.67 (march 14 low). Initial resistance is now at 81.33 (march 3 high) followed by 81.77 (march 19 high)
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Dear sir,yesterday,Initial support is located at 85.00 (Big figure support) followed by 79.67 (march 14 low). Initial resistance is now at 81.33 (march 3 high) followed by 81.77 (march 19 high)
http://charts.mql5.com/1/239/usdjpy-...ex-group-2.png
we can see in the 1d chart
the pair trading down the 23.6
I see the pair will go to down way to 92.42
stochastic refers that the pair will go down
so our target sell from 94.32 and our target will 189pips
Good luck
:good::respect::peace::accute::)))
elliott flat correction down 93.64 market should hold major support at 93.94 befor rising towards 94.33 or even 94.49 limit
support and resistances
res2 94.49
res1 94.33
pivot 94.15
sup1 94.00
sup2 93.81
The position of the current price is below the 50 EMA on the hourly chart, the momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target today:92.99
In the M30 time frame the the price is braked the strong support at the 93.85 and in the day chart it is also break the supporting trend line. now this pair will start to move lower side. but for the short entry we can make long entry with the target 93.80
This pair has so much fallen in the last 3 weeks, it is trading at 93.50 region right now. It is to be noted that with the new dollar strenght and he currency non-farm payroll coming on friday, we should be ready for the new next trend in forex
After broke jpy 93.90 (strong level), with the beginning of this week decided to take another course to test this mark but as the resistance of it and I'm going to sell as building figures below 94.00 and the general tendency for growth jpy should withdraw again couple to 93.30, 93.00 minimum. (stop and a possible coup to buy above 94.00).
I wanted to share a little about my daily life in the trade, this time about the pair Usd/Jpy.
I Buy Stop 93.45
by SL: 40 pips
do not forget to take profit at 93.81 S2
Info:
Support 1:94.00
Support 2:93.81
Support 3: 93.64
pivot: 94.15
Resistant 1: 94.33
Resistant 2: 94.49
Resistant 3: 94.68
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 01-Apr-2013
Happy trading
http://charts.mql5.com/1/242/usdjpy-...orex-group.png
we can see in the 4h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 94.60
stochastic refers that the pair will go up
so our target buy from 93.67 and our target will 90pips
Good luck
:good::happy:
Decided to completely turn over to sell at usd / jpy, steam steadily strengthened below the moving alligator, as there was a break of the lower zone of the fractal (was broken support level 93.90 + -), which opened the way to the 93.00 figure, still practiced sell signal RSI, and by 4 hour schedule came to a close short corrective wave.