Usd/Jpy

Usd/jpy analysis for 08.20.2013 by using pivot indicator.

r3: 98.746
r2: 98.428
r1: 97.988

pivot: 97.670

s1: 97.230
s2: 96.912
s3: 96.472

Usd/jpy technical analysis

date : 08.20.2013
time : 11:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 46.43

2) MACD (26,12,9)
value: 0.0317

3) ADX (14)
value: 19.45

4)CCI(14)
value: -2.28

overall trend - slightly bullish.

As you see in my following chart, the pair traded between a high of 98.12 and a low of 97.35 closed at 97.55. Today the pair trades below the resistance line of 98.70.
Downside Scenario: USDJPY could decline into the levels of 97.00, 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://3.bp.blogspot.com/-UciG1DQ-T1.../s1600/jpy.jpg

USD/JPY thought Mr Kuroda was tucked up in bed with a hot cocoa and promptly does a little 28 pip jig. Down to 97.04 then up to 97.32. Japan’s economic improvement is steadily proceeding, seeing signs of positive cycle of output, income and spending Sales tax hike won’t derail economic recovery or hamper 2% inflation target Delaying steps to restore Japan’s fiscal health may create problems in future

Trading Signal - 20/8/2013 - 10:00 GMT+3
Instrument: USD/JPY
60min CHART
Downwards Weak
The TP1 has been attained. We closed 50% of our position and have moved the Stop loss at the lock in profits level (97.45). Provided the market conditions will remain the same the TP2 will be reached soon.
http://dl.dropbox.com/u/51561036/scr...820-221801.jpg

today i like to buy this pair @ 97.07
my stop loss of the day @ 96.88
half take profit for today @ 97.27
and further half take profit @ 97.44

http://charts.mql5.com/2/317/usdjpy-...orex-group.png



how are you

we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 96.14
so our target sell from 97.14 and our target will 100pips

:woo::happy::respect:

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 : 1900
market trend : down

adx wilder(14) level

style : 23.62
+di : 11.71
-di : 22.25

adx(14) level

adx : 29.60
+di : 7.95
-di : 16.44

Hi,,








in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 96.36
I expect from this analyze that the price will go to down way
so sell from 97.29 to 96.36
good luck

Once in the prediction of several indicators for the technical analysis of currency pairs USD/JPY on the market today are at the 97.69 pivot then I recommend you to do the open position BUY with some criteria such as the following
You put a take profit at 97.55 positions
You put a stop loss at 96.95 positions
Support and resistance at (R3 = 98.65), (R2 = 98.35), (R1 = 98.01), (Pivots = 97.69), (S1 = 97.37), (S2 = 97.1), (S3 = 96.82)
For long-term targets remain BUY with a target of 72 pips profit