Usd/Jpy

elliott extenxion wave down 97.40 one more dip to 97.30 is likely followed by a grind higher to 98.76 - 99.15 after which it can resume it down trend
support and resitansec
res2 100.21
res1 99.15
pivot 98.36
sup 1 97.30
sup2 96.50

Usd/jpy analysis for 04.30.2013 by using pivot indicator.

r3: 99.03
r2: 98.61
r1: 98.18

pivot: 97.76

s1: 97.33
s2: 96.91
s3: 96.48

Spoiler:

http://sadpanda.us/images/1568241-3J0SCHX.png

On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI cross the line below area 50 ,indicates the trend is still down
Recommendation: SELL
Take profit: 96.48
SL:98.18

Analysis Usd/Jpy using pivot indicator
Resistance 3: 99.01
Resistance 2: 98.61
Resistance 1: 98.16
Pivot: 97.76
Support 1: 97.31
Support 2: 96.91
Support 3: 96.46

"30/04/2013"

Our preference: SHORT positions below 98.45 with 97.2 & 96.55 in sight.

Alternative scenario: The upside penetration of 98.45 will call for 98.95 & 99.6.
USD/JPY intraday: watch 97.2

Pivot: 98.45.

I am creating this thread to discuss the trades regarding USD/JPY.All the members are welcome to post their analysis and trades here.

I have just entered a short on USD/JPY at 83.07 with a take profit of 20 pips.I might close the trade earlier as this pair is really slow

Usd/jpy pivot levels by using fibonacci pivot indicator.

r3: 98.65
r2: 98.32
r1: 98.11

pivot : 97.77

s1: 97.44
s2: 97.23
s3: 96.90

time frame- M30
the price is rejecte from the resistance at the 98.15 and it has a support 97.30. here we can see a bullish signal and the rsi 21 is also moving up side with touching the level 30. long this to the target 98.15 and stop loss at the 97.00
good luck

http://charts.mql5.com/1/445/usdjpy-...orex-group.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 95.35

stochastic refers that the pair will go down

so our target sell from 97.71 and our target will 240pips

Good luck
:good::respect::happy::doubt:

USD/JPY intraday: key ST resistance at 98.45.

Pivot: 98.45
Our preference: Short positions below 98.45 with targets @ 97.2 & 96.55 in extension.
Alternative scenario: Above 98.45 look for further upside with 98.95 & 99.6 as targets.
Comment: the pair stands below its new resistance and remains on the downside, the RSI is badly directed.