Usd/Jpy

Analysis Usd/Jpy using pivot indicator
Resistance 3: 102.85
Resistance 2: 102.32
Resistance 1: 101.52
Pivot: 100.99
Support 1: 100.19
Support 2: 99.66
Support 3: 98.86

"31/05/2013"

today i like to short this pair @ 100.90 and half @ 101.30
my stop loss for today @ 101.55
half take profit @ 100.60
and further half @ 100.20

H 4H D W M
R3 100.95 101.63 102.85 106.18 108.09
R2 100.80 101.34 102.33 104.95 104.01
R1 100.66 100.88 101.51 103.11 100.71
PP 100.51 100.59 100.99 101.88 96.63
S1 100.37 100.13 100.17 100.04 93.33
S2 100.22 99.84 99.65 98.81 89.25
S3 100.08 99.38 98.83 96.97 85.95

Note: after a great fall, hoping it'll reach 102 level cause I have one position bought since 101.60.

According to the 4H time frame the price is break the support at the 100.75 and moving to the downside. the price will try to hit the lower supporting trend line at the 99.45. we can hold our short position to this target and stop loss at the 102.00

Usd/jpy analysis for 05.31.2013 by using pivot indicator.

r3: 102.85
r2: 102.32
r1: 101.52

pivot: 100.99

s1: 100.19
s2: 99.66
s3: 98.86

Our preference: Short positions below 101.3 with targets @ 100.1 & 99.7 in extension.

Alternative scenario: Above 101.3 look for further upside with 101.8 & 102.2 as targets.

Comment: the pair has struck against its resistance and should face a weakness.

---------- Post added at 09:35 PM ---------- Previous post was at 09:34 PM ----------

Our preference: Short positions below 101.3 with targets @ 100.1 & 99.7 in extension.

Alternative scenario: Above 101.3 look for further upside with 101.8 & 102.2 as targets.

Comment: the pair has struck against its resistance and should face a weakness.

we can see in the 1h chart the pair will go to down way to the down trend line
i see the pair will go to down way to macd refers that the pair will go down
so our target sell from 100.94 and our target will 100pips


http://charts.mql5.com/1/691/usdjpy-...orex-group.png

Today, the first support is 80. 00 (large image) after 57 seventy nine (may, five). The initial resistance now eighty-one. 33 (June high pairs), followed by eighty-one. 77 (May 19)

without a doubt that you are suitable caused by japan soil quake it is slip quite a few pips.. although at this point we can easily view little progress next to 60. 04.. whenever all over again that set of two when it reaches this selling price levels and so most of us be expecting little far more progress.

Hi,,








in the chart 1h we can see the pair will go to up way in the future
I see the pair will go to 101.83
I expect from this analyze that the price will go to up way
so buy from 100.73 to 101.83
good luck