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USDJPY: Bull Pressure Turns To The 99.94 level
USDJPY: With a rally seeing the pair strengthening further during Friday trading session, further upside offensive looks to target the 99.94 level. Above here is required to resume its medium term uptrend towards the 100.50 level. We may see a pullback from here but if broken, further upside could follow towards the 101.00 level and then the 101.50 level. Its daily RSI is bullish and pointing higher suggesting further upside. Support comes in at the 97.63 level where a violation will target the 96.00 level and then the 95.00 level. All in all, USDJPY remains biased to the upside medium term with eyes on the 99.93 level.
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i think k dobar agle new week k start hi sa hm is ma up trend ko dekhen ge lekin kia keha ja skta
ha Forex ma koi b trader 100% nai ho skta is liye trade at your own risk.
hahahha:peace:
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You can see the movement of the Usd / Jpy last on Time Frame H1, H1 showed we could take a Sell limit at Fibo 100, and can take a sell limit at 99.98 with a target price not too much is 20 pips or 30 pips only. Given the trend is still up.
Sell Order : 99.98
Stop Loss : 100.15
Take Profit : 99.50
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usd/jpy is the best pair but i can seldon use this pair. if the man can proper invest in this pair then man can earn the money well about this pair.
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the couples did not crack below 79.69 assistance and rebounded from 80.00, indicating that back and forth activity is ongoing, variety dealing between 79.58 and 82.22 is predicted to go on in the near future.
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The pairs failed to ruin below 79.69 validation and rebounded from 80.00, suggesting that oblique happening is current, constitute trading between 79.58 and 82.22 is unsurprising to go on in the nearest future.
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My analysist for today, 22 april 2013 using open market price strategy
buy stop 100.01 tp 100.21 sl 99.41
sell stop 99.61 tp 99.41 sl 100.21
happy enjoy trading...
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volatility of pair is almost stable which is show by RVI oscillator almost zero but fast stochastic line is crossing slow line up downward near sell border level 80 as trend reversal to bearish and this pair will become slighly bearish because still have bullish drive to increase this pair near high level 99.90
http://charts.mql5.com/1/382/usdjpy-...ex-group-3.png
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Usd/jpy analysis for 04.22.2013 by using pivot indicator.
r3: 101.66
r2: 100.66
r1: 100.09
pivot: 99.09
s1: 98.52
s2: 97.52
s3: 96.95
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From 01:06 22-Apr-2013 GMT
Till 05:06 22-Apr-2013 GMT
Sell
Sell at 99.87
Take profit* at 99.42
Stop loss at 100.12
Spoiler: