Usd/Jpy

the trading now above the level of 76.50 will make the uptrend expected and the pair might

continue in it's upmovements heading to 76.75 and then 77.00 and that's before bouncing from the resistance levels

wxwwxxwx:yahoo:

bearish signal is starting from level 98.85 after confirmation from Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators are in negative value as very strong dowtrend movement indication, then both of fast stochastic line and slow line are crossing each other bottom upward near buy border level 20, it means strong reversal is being started now

for this pair my plan is buy @ 98.55
my stop loss of the day @ 98.44
my half take profit of the day @ 98.74
and half @ 98.94

usd/jpy technical analysis by using : adx

adx : 33.3176
+di : 5.7489
-di : 29.4466

timeframe : 1 hour
time : 0900
date : 09.05.2013

USD/JPY intraday: capped by a negative trend line.

Pivot: 99.10.
Our preference: SHORT positions below 99.1 with 98.6 & 98.4 as next targets.
Alternative scenario: The upside penetration of 99.1 will call for 99.5 & 99.75.
Comment: the pair is capped by a declining trend line and is challenging its support.

Pivot levels today:
R3: 99.79
R2: 99.47
R1: 99.23
PP: 98.91
S1: 98.66
S2: 98.34
S3: 98.10
Comment: Price now is below the daily pivot level, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 98.10.

USD / JPY on the hourly chart has formed a clear converging triangle, under the rules of technical analysis to determine the need to wait for the further growth of a breakthrough one of the boundaries, this triangle has a more bearish tone (is offset to the south of the upper maxima), so when you break 98.64 will sell a 98.00 goals .

USD/JPY intraday: BEARISH, capped by a negative trend line.
Pivot@ 99.1
My choice: SELL positions beneath 99.1 with targets @ 98.6 & 98.4 in extension.
Alternate choice conditions: Over 99.1 start looking for further up-side with 99.5 & 99.75 as targets.
Remark: the pair is still capped by a decreasing trend line and is challenging its support.
http://dl.dropbox.com/u/51561036/scr...509-164939.jpg

hi , good moorning everybody

in the chart 1h we can see the pair will go to down way in the future
i see we can sell and our target will be 50 pips
I expect from this analyze that the price will go to down way
so sell from 98.70 to 98.20


good luck

different from the eur jpy and GBPJPY, USDJPY currency pair barely had to bullish day yesterday, is due to the weakening of virtual money usd, and to this day has also been touched USDJPY 98.70 seller zones, see the condition of h1 and h4 candle I recommend you to do the sell order