Usd/Jpy

Weekly analysis:
As you see in my following attached chart, the upside move starting from the bottom at 93.78 is a retest to the previously broken key support level of the ascending channel shown on graph. Also the resistance level that has been formed brings back bearishness if the pair traded below 101.60 this week. Stochastic is showing a negative crossover, as the pair is stable below Linear Regression Indicator 34. Therefore, a downside move might be formed this week.
Attachment 8650

Usd/jpy analysis for 07.22.2013 by using pivot indicator.

r3: 102.10
r2: 101.48
r1: 101.05

pivot: 100.43

s1: 100.00
s2: 99.38
s3: 98.95

On the hourly chart is clearly seen that the pair came to the horizontal mid-term level of 99.89, near the mark has already begun lateral consolidation, as long lower wick candles indicate the activity of buyers, + formed lateral consolidation and a buy signal MACD, waiting northern retreat from 99.89.

From USD / JPY I expect just north of the script as the 4-hour chart perfectly noticeably closer to the long-term trend line (the point of tangency 99.90) - about which are also moving an alligator, a pair of lateral consolidation has already started and the Stochastic is in the lower zone, the target level I think today will be 100.70 + -.

The pair continues to trade on today in the uptrend, the level of 100.55 and broken at the moment I think is rolled on a pair, I buy a couple of the current level with a stop at 99.61, the transaction is in the medium term goals to fix profit at the level of the maximum and the resistance level 101.73

elliott irregular flat correction up 101.09 it looks more likley that it would rise to 100.86 from 100.10 or 99.85 after which a down side move is expected
support and reistances
res2 101.37
res1 100.86
piovt 100.36
sup1 99.85
sup2 99.35

time frame- h1
the macd indicator is showing us strong down trend signal and in the price chart it is supported at the 99.80 level if this support is break then price will try to move at the lower support value 99.30. the parabolic sar is also giving us short signal so short with the stop loss at 100.20
good luck

As you see in my following attached chart, the pair traded between a high of 100.86 and a low of 99.80 closed at 100.34. Today the pair trades below the bearish trend line at the price of 100.95.
Downside Scenario: USD JPY 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://1.bp.blogspot.com/-z40j6p92U9.../s1600/jpy.jpg

Usd/jpy pivot levels for 22.07.2013 by using fibonacci pivot indicator.

resistant 1:101.52
resistant 2:101.11
resistant 3:100.86

pivot point :100.45

support 1:100.03
support 2:99.78
support 3:99.37

http://charts.mql5.com/2/92/usdjpy-w...orex-group.png


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 92.94
stochastic refers that the pair will go down
so our target sell from 99.55 and our target will 655pips

Good luck