Usd/Jpy

As you see in my following attached chart, the ascending channel has been broken downy, and now the pair is moving within small descending channel, so falling down till the lower line of this channel are expected firstly before the strong bullish movements with the general trend.
http://charts.mql5.com/1/732/usdjpy-...ex-group-4.png

jpy still strengthened against all his opponents including the jpy, USDJPY still bearish potential for deeper, sellers are in the price zone (99.29-99.09), according to my own will still move bearish price, daily breakout toward the lower the price of 98.86, the potential reversal would occurs when the USDJPY able towards SI (98.33) S II (97.95) recommendation of my day is putting a limit buy at S II (97.95)

Approximately 76%, think it's all time record low of eight. 88. I used to assume that they will, once had about 80 bits is 80 years old. 35 and I think we will see some 80 days old.

elliott elongated flat correction down 99.52 if market stays below 100.23 a fall to 99.44 is expected if market breaks the point 100.52 it could reash the sky
res2 101.01
res1 100.52
pivot 99.93
sup1 99.44
sup2 98.85

hi

i see the pair will go to up in the futre Supported Bastkham the fibo 50.0

good luck

http://charts.mql5.com/1/733/usdjpy-...ex-group-2.png

:accute::yahoo:

Incredible fall out till 95,90 value... Great loss in my positions. Now it's trying to recover it's previous values.

http://charts.mql5.com/1/737/usdjpy-...orex-group.png



the pair will go up to fibo 50.0
I see the pair will go to up way to 98.34
stochastic refers that the pair will go up
so our target buy from 97.18 and our target will 118pips

:accute::peace:

the pair can not close up the broken down trend line I see the pair will go to down way to 96.00 moving average refers that the pair will go down so our target sell from 97.00 and our target will 100pips


http://charts.mql5.com/1/738/usdjpy-...orex-group.png


:woo:

---------- Post added at 10:53 PM ---------- Previous post was at 08:36 PM ----------

http://charts.mql5.com/1/738/usdjpy-...ex-group-2.png


the pair can close up the up trend line
i see the pair will go to up way to 101.32
stochastic refers that the pair will go up
so our target buy from 97.32 and our target will 420pips

Good luck

Usd/jpy analysis for 06.07.2013 by using pivot indicator.

r3: 102.486
r2: 100.968
r1: 98.961

pivot: 97.443

s1: 95.436
s2: 93.918
s3: 91.911

Japanese Yen – Three weeks ago I wrote plainly in favor of a JPY bounce (USDJPY decline) as sentiment seemed exceedingly one-sided. Indeed, a USDJPY-short position remains one of my favorite trades for the same reasons.

Trade Implications – USDJPY: Retail forex traders are now their most aggressively net-long the USDJPY since the pair traded below ¥80 in November, and our contrarian sentiment-based trading strategies have gone aggressively in the opposite direction.

Our Breakout2 system recently went short from ¥99.67, and I like the position as long as we stay below critical resistance at ¥100.50. The fact we’ve now broken key reaction lows at ¥98.60 leaves subsequent targets at May lows near ¥97.00.