Usd/Jpy

Usd/jpy technical analysis

date : 08.20.2013
time : 00:45 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 55.14

2) MACD (26,12,9)
value: 0.0142

3) ADX (14)
value: 17.41

4)CCI(14)
value: 125.50

overall trend - slightly bullish.

USD/JPY (Daily Trade)

Resistance : 98.03 99.12 99.93
Support : 97.44 96.38 95.79
High / Low : 97.68 / 97.54
Running Price : 97.55
for intraday trade today suggest sell at the level 97.44, stop loss at the level 97.73, target take profit at the level 96.46

http://charts.mql5.com/2/311/usdjpy-...orex-group.png



we can see in the 4h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 96.74
rsi refers that the pair will go down
so our target sell from 97.74 and our target will 100pips
Good luck

for 3 days USDJPY moves within a certain range, by the time tokyo open direct prices move up and start playing in the weekly LSMA. seems sellers began to weaken. This condition is also in line with the daily LSMA began to move horizontally, and price also play on LSMA daily. if the price of a few hours can make daily LSMA pointing up, then the trend is likely to commence buy. Secure transaction is buy. place a stop loss below LSMA weekly.

Spoiler:

http://i1345.photobucket.com/albums/...psfa8e4e4d.png

Daily pivot Fibonacci points: Resistance levels: R1: 97.97 R2: 98.15 R3: 98.44 Support levels: S1: 97.38 S2: 97.20 S3: 96.90

usd/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 20.08.13


timeframe : 1 hour
time : 0600
market trend : ranging

adx wilder(14) level

style : 13.44
+di : 20.38
-di : 21.03

adx(14) level

adx : 19.39
+di : 17.46
-di : 21.06

The USD/JPY In line 4H There are two consecutive summits
every top of the low of her pervious summit is
an indication of the low is uncertain,
and I expect his arrival to the resistance line at
the point of 97.12 and selling at this point

the pair trade down the down trend in 1h chart

stochastic refers to down way

so the pair will continue to down way
http://www13.0zz0.com/2013/08/20/09/226736258.png

USD/JPY pair price already touched daily support 1 level (97.274) and lower trend line. Now the pair price try to move up ward. I think the price may touch daily pivot point (97.698).

http://i1311.photobucket.com/albums/...ps581a5a86.jpg

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 (98.16) R II (98.50) R III (98.81). and to this day support levels as follows: SI (97.13) S II (96.88) S IIII (96.43)
recommendation:
place your sell stop at 97.49 target profit at 97.29 (Seller zones)
place your buy stop at 97.89 profit target at 98.09 (buyer zone)