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http://charts.mql5.com/2/302/usdjpy-...orex-group.png
we can see in the 1w chart
the pair trading down the 50.0
I see the pair will go to down way to 89.53
stochastic refers that the pair will go down
so our target sell from 97.48 and our target will 795pips
Good luck
:woo::happy:
Daily pivot Fibonacci points: Resistance levels: R1: 97.71 R2: 97.85 R3: 98.09 Support levels: S1: 97.16 S2: 97.00 S3: 96.72
Usd/jpy technical analysis
date : 08.18.2013
time : 03:30 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 49.48
2) MACD (26,12,9)
value: 0.0253
3) ADX (14)
value: 12.51
4)CCI(14)
value: 3.09
overall trend - slightly bearish.
usd/jpy last day's technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 19.08.13
timeframe : 1 hour
time : 0700
market trend : ranging
adx wilder(14) level
style : 11.87
+di : 23.63
-di : 18.86
adx(14) level
adx : 20.11
+di : 19.74
-di : 11.66
As you see in the following attached chart, the pair traded between a high of 97.77 and a low of 97.04 closed at 97.53. Today the pair trades below the resistance line of 98.70.
Downside Scenario: USDJPY could decline into the levels of 97.10, then 96.65, if the resistance line of 98.70 holds.
Upside Scenario: upside penetration of the resistance line of 98.70, could help the pair to see the levels of 99.50, then 100.10.
http://4.bp.blogspot.com/-4645K8gpQH.../s1600/jpy.jpg
USD/JPY intraday: Going BEARISH trend, the pair appears under its resistance
Pivot@ 98
My choice: Open SELL under 98 with targets at 96.95 and 96.4 in extension.
Alternate choice conditions: On top of 98 start looking for further up-side with 98.3 and 98.65 as targets.
http://dl.dropbox.com/u/51561036/scr...819-175035.jpg
USD/JPY analysis by using pivot indicator. (H4)
R3 98.160
R2 97.883
R1 97.712
pivot 97.435
S1 97.158
S2 96.987
S3 96.710
The following data is predicted based on indicators that we use for the currency pair USDJPY today, for today's resistance levels as follows: RI (97.98) R II (98.23) R III (98.63). and to this day support levels as follows: SI (96.99) S II (96.69) S IIII (96.37)
recommendation:
place your sell stop at 97.26 target profit at 97.06 (Seller zones)
place your buy stop at 97.46 profit target at 97.66 (buyer zone)
Usd/jpy technical analysis
date : 08.18.2013
time : 13:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 52.68
2) MACD (26,12,9)
value: -0.0680
3) ADX (14)
value: 22.51
4)CCI(14)
value: -36.74
overall trend - slightly bearish.
usd/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 19.08.13
timeframe : 1 hour
time : 1600
market trend : ranging
adx wilder(14) level
style : 19.13
+di : 26.44
-di : 14.55
adx(14) level
adx : 31.76
+di : 19.80
-di : 13.01