Usd/jpy pivot levels by using fibonacci pivot indicator.
r3: 99.72
r2: 99.48
r1: 99.33
pivot : 99.09
s1: 98.85
s2: 98.70
s3: 98.47
Printable View
Usd/jpy pivot levels by using fibonacci pivot indicator.
r3: 99.72
r2: 99.48
r1: 99.33
pivot : 99.09
s1: 98.85
s2: 98.70
s3: 98.47
USD / JPY - first of all expect a rebound from the inclined level around which the pair is trading now.Our pivot point stands at 99.1.Our view: Short positions below 99.1 with targets 98.6 and 98.4.Alternative scenario: The upside penetration of 99.1 will call for 99.5 and 99.75.Analysis: RSI mixed and calls for caution.
http://charts.mql5.com/1/503/usdjpy-...orex-group.png
we can see in the 1h chart
the pair trading down the 50.0
I see the pair will go to down way to 98.30
rsi refers that the pair will go down
so our target sell from 98.71 and our target will 40pips
Good luck
see movement in the market USDJPY H4 timeframe seems bearish still the dominant force for the time being though somewhat weakened. likely reversal at 38.2% Fibonacci point to the point of the Fibonacci 50% maximum.
https://lh4.googleusercontent.com/-o...5BUNSET%5D.png
http://charts.mql5.com/1/504/usdjpy-...orex-group.png
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 99.82
stochastic refers that the pair will go up
so our target buy from 98.82 and our target will 100pips
http://charts.mql5.com/1/505/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 96.10
rsi refers that the pair will go down
so our target sell from 98.56 and our target will 270pips
http://charts.mql5.com/1/506/usdjpy-...ex-group-2.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 99.99
stochastic refers that the pair will go up
so our target buy from 98.99 and our target will 100pips
Good luck
USDJPY,H1
Date 2013.05.09
Time 01:00
Open 98.93
High 98.97
Low 98.91
Close 98.92
Volume 53
SMA(5) 98.92
SMA(10) 98.88
SMA(20) 98.89
SMA(50) 98.99
SMA(100) 98.89
SAR 98.62
Indicator window 1
Stoch(5,3,3) 72.7273
Signal 74.6938
Indicator window 2
RSI(14) 49.9209
Indicator window 3
MACD(12,26,9) -0.018
Signal -0.041
Indicator window 4
%R(14) -24.4444
based on combination of indicators above,
trend : NEUTRAL
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: 98.34
SL:99.23
The spot rate approaches the upper limit of its medium term bearish channel to 80.20.
A break of these levels would free up significant potential and initiate a bullish trend.
hahahahahaha:peace:
Spoiler: