Usd/Jpy

USD/JPY: BREAK RESISTANCE

RECOMMEND : BUY above 99.80 tp 104 .4 https://fbcdn-sphotos-h-a.akamaihd.n...64415333_o.jpg

usd/jpy market analysis by using : average directional movement index wilder(14) & average directional movement index(21)

adx wilder(14) level

style : 15.19
+di : 29.21
-di : 14.27

adx(21) levels

adx : 22.20
+di : 25.96
-di : 8.52

time : 0900
date : 18.07.2013
timeframe : 1 hour

The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair may continue the bullish trend. try to find good support and set Long order on it. Today SNR :
R3 : 100.95
R2 : 100.47
R1 : 99.95
Pivot level : 99.45
S1 : 99.05
S2 : 98.65
S3 : 98.17

Pair of fully resumed northern trend, the rate was able to break through the psychologically important level of 100.00, and continues to increase, while the main objective for the bulls is - to break the resistance of the horizontal 100.40 (week high) - this will open the way to 101.50 (medium resistance), do not consider the south.

As you see in my following attached chart, the pair traded between a high of 99.93 and a low of 99.03 closed at 99.58. Today the pair trades below the bearish trend line at the price of 100.95.
Downside Scenario: USDJPY could decline into the levels of 99.50, then 98.90, if the bearish trend line at the price of 100.95 holds.
Upside Scenario: upside penetration of the bearish trend line at the price of 100.95, could help the pair to see the levels of 101.40, then 102.00
http://4.bp.blogspot.com/-gX47spxikb.../s1600/jpy.jpg

saw the movement of in timeframe H4 USDJPY the possibility also still will moving go up, however unfortunately have not in support with break resistant (area). So it is still likely to happen before there forwarding sideway trend. confidence for the current trend is still up, if broken then the chances are resistant to the point of further resistant 101 230

http://i.imgur.com/hQbv8JI.png

h4 chart MACD situation following approaches zero and one should expect the transition of the indicator in the positive zone as the capacity is more bulls than bears. Move forward to a minimum level of 100.45. Was the first wave up and I hope that will be the second and the continuation of how long it will be possible to predict when ...

USD/JPY Trading Signal - 18/7/2013 - 10:00 GMT+3 60min CHART Upwards Weak
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (99.20).
Provided the market conditions will remain the same the TP2 will be reached soon.
http://dl.dropbox.com/u/51561036/scr...718-170012.jpg

The pair is still forming the northern wave, the rate has appreciated steadily moving up the alligator and was able to overcome the top-fractal 100.00 figure on the daily chart is working off the northern stochastic signal, the growth is poised to continue to the local maximum of 101.50.

USD/JPY pair price already breakout daily resistance 1 level (99.998) and touched upper trend line. Now the price is down trend. I think the price may touch Fibo 100.0 level.

http://i1311.photobucket.com/albums/...psce5d82aa.jpg