Usd/Jpy

Hi All :),
My preferance for Usd/Jpy is to sell from 97.67 and to stop loss at 98.67,
first take profit is at 97.17 and second at 96.67.
God Be with you in trading :)
:yahoo::happy::happy::yahoo:

time frame- M30
the price has been break the support at the 97.93 level and move to the daily support at 97.58 level. the price is also having a strong down trend signal with the macd and parabolic sar indicator. this will try to move at the 97.00 level. short this with the stop loss at 98.20
good luck

today i like to buy this pair @ 97.60
my stop loss of the day @ 97.44
half take profit for today @ 97.80
and further half take profit @ 98.05

Hi,,








in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 99.36
I expect from this analyze that the price will go to up way
so buy from 97.78 to 99.36
good luck

USD/JPY analysis by using pivot indicator. (H4)

R3 98.973
R2 98.578
R1 98.334

pivot 97.939


S1 97.544
S2 97.300
S3 96.905

USDJPY, the monthly prices are trending down after yesterday in conditions ranging. a weekly basis, prices are also trending down after ranging. although it is still in MA weekly monthly normal area, seems to be out of the normal area monthly. the daily rates are trending down strongly, with the condition MA8 hours and M4 pointing down. the focus to sell, wait MA8 in flat conditions and open transactions sell when the price is at the upper BB MA8.

Spoiler:

http://i1345.photobucket.com/albums/...psa5a73fab.png

Usd/jpy technical analysis

date : 08.07.2013
time : 03:45 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 40.71

2) MACD (26,12,9)
value: 0.0689

3) ADX (14)
value: 19.07

4)CCI(14)
value: -65.19

overall trend - slightly bearish.

USD/JPY continues to fall well, reaching 96.76 and support border. It is now possible to increase the level of pairs of 97.30, a break of which will rise to 97.67 resistance with a likely further return. The alternative - that's the breakdown of 96.76 and slope down to the level of 96.20, where there will be new growth.

USD/JPY pair is now down trend. The price already touched daily support 2 level (96.879). I think the price may touch lower trend line.

http://i1311.photobucket.com/albums/...ps9e8283ab.jpg

it is said that this pair will go down always as the japenese economy is in big recession and more stimulus is needed if you ask me that is true