the pair can not close up the broken down trend line
I see the pair will go to down way to 96.55
stochastic refers that the pair will go down
so our target sell from 97.55 and our target will 100pips
http://www6.0zz0.com/2013/06/08/20/521664460.png
Printable View
the pair can not close up the broken down trend line
I see the pair will go to down way to 96.55
stochastic refers that the pair will go down
so our target sell from 97.55 and our target will 100pips
http://www6.0zz0.com/2013/06/08/20/521664460.png
usd jpy has start the first june week strongly
it touched 94.98 and i think this value will be touched again during the next week and maybe less
i prefer a sell position from any high point
usd jpy is main talking pairs around the world with it is directly related with us yeilds and world second largest economy and perhaphs the second most traded currency after USD and EURO NOw if you ask me seriously it is going down towards possibly 89.00 area because the current swing are equally measured by Market makers I will show you the chart
http://img853.imageshack.us/img853/2...djpydailyb.png
Uploaded with ImageShack.us
the pair will go up to fibo 38.2
I see the pair will go to up way to 99.02
stochastic refers that the pair will go up
so our target buy from 97.55 and our target will 150pips
http://charts.mql5.com/1/753/usdjpy-...orex-group.png
:respect::peace::happy:
In my opinion the pair USDJPY growth to continue, but until now there is a small correction to the level of 96.80, which implies buying the pair with a stop at 96.50, with the first target for the growth of the level of 99.00.
the pair can close up the up trend line
i see the pair will go to up way to 99.95
stochastic refers that the pair will go up
so our target buy from 97.95 and our target will 200pips
Good luck
http://charts.mql5.com/1/755/usdjpy-...orex-group.png
USD/JPY approaches initial resistance near 98.00
The USD/JPY is slightly higher in Asia trade, up 30 pips from the close of last Friday at 97.90. Market participants should be aware of the Japan GDP figures which will be released later in the session at 23:50GMT.
Trend Index remains in strongly bearish set up on the daily chart, while the ob/os index reads neutral. Short term moving averages area also in bearish set up, with price sitting below both the 9 and 20 dma’s. Furthemore, the 9dma has crossed below the 20dma which may help to limit advances. However, it should be noted the sharp reversal on Friday did help form a bullish hammer candle which is a positive development for the bulls as we head into the new week.
Initial resistance sits at 98.00 (supply candles on 1 hour chart), followed by 98.50 (previous support, now resistance on daily chart). A move through here could help trigger the next wave of buying up towards 99.31 (the 9dma). First support sits at 97.48 (the 9dma on 1 hour chart), followed by 96.87 (the 20dma on 1 hour chart). A break below here may help open the doors to further support at 94.99 (low from last week)
I think that they give and break the all time low, is about seventy eight 88 drops a fairly strong ability to recover soon, the UJ dollars.
hi;;;
the pair can close up the up trend line and the pair will go to up using by trend line
i see will buy 98.06 and take profit:10.06 @profit:200pips
http://charts.mql5.com/1/755/usdjpy-...ex-group-2.png
time frame- M30
price is making a inverted hannging man candlestick pattern and the parabolic sar is also giving us down trend signal. we can short this pair with breaking last day close and cover gap at the 97.56 with the target pivot point support at 96.77
good luck