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http://charts.mql5.com/2/25/usdjpy-h...orex-group.png
we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 100.23
stochastic refers that the pair will go up
so our target buy from 99.23 and our target will 100pips
Good luck
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time frame- H1
the price is moving in the up trend channel pattern and now price at the support side of the channel. it is rejected fromt he resistance at 99.70 with making a doji pattern and move to the pivot point at 99.00 if this is break the lower support at 98.80 short with the take prift at 98.00
good luck
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pair slows towards end of pennant formation
looks to be close to forming a pennant formation in the hourly chart
with price around support at 99.00
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Main ye thread USD/JPY ke discussion ke liye bana raha hainYes i was mitaken,. Yes i agreed with you, that when we history it falling down onlySome 20 yrs back, price was more then 300,i think we don't see price in future in 85 level. this is a bast job.....
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today i like to sell this pair @ 99.56
my stop loss of the day @ 99.92
half take profit for today @ 99.33
and further half take profit @ 99.00
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Very choppy last few days for the pair followed by tappering not yet on the cards ITs counterpart Franc get it all over the place but buying of Japanese yen was not so much But I wish to see a break of 98.50 and then 97.50 for a move towards 95.70 and 93.90 But If you manage to break above 98.52 more importantly 99.90 will call for correction is over and test of 101.56 is on the cards
I will try and post the chart tomorrow As it does not clear the picture to anybody.
regards
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usd/jpy last day market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 24.07
+di : 15.74
-di : 25.16
adx(21) levels
adx : 14.04
+di : 13.59
-di : 18.24
time : 2300
date : 13.07.2013
timeframe : 1 hour
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Hi All,
My preferance for the next week for Usd/Jpy is to buy from 99.21 and to stop loss at 98.21,
first take profit is at 99.51 and second at 99.71.
Good luck in trading ;)
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hi;;;
we can see in the 1w chart the pair will go down to fibo 38.2 I see the pair will go to down way to 92.71 and macd refers that the pair will go down
so our target sell from 99.20 and our target will 540pips
http://charts.mql5.com/2/30/usdjpy-w...orex-group.png
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The pair recently has broke the 9981 support, which now has turn into resistance. If price then retraced and rejected the 9981 level then we might find a short opportunity.