Seems to be bearish today .. probably we hitted top at 88.40 yesterday and we will see some profit taking .. in medium term my target is 91.00, but now i expect testing 85 - 86 levels.
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Seems to be bearish today .. probably we hitted top at 88.40 yesterday and we will see some profit taking .. in medium term my target is 91.00, but now i expect testing 85 - 86 levels.
On the Hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profitt: 89.79
SL: 86.77
http://www2.0zz0.com/2013/01/07/14/549894331.gif
we can see in the 1h chart
the pair can not close up the broken down trend line
I see the pair will down to way 87.10
stochastic refers that the pair will go down
so our target sell from 87.81 and our target will 100pips
Good luck
This look on still sideways . price candle till now on still move so near / bellow that Resistance 88.42. Just wait and see with this condition is better. Then, if the Resistance 88.42 can also be break by strong bulls candle . just be aware with more bulls continuation here.
Today(8-1-13 ) pivot point are-
Resistance 3- 88.96
Resistance 2- 88.66
Resistance 1- 88.22
Pivot point- 87.92
Support 1- 87.48
Support 2- 87.18
Support 3- 86.74
short positions at 87.60 with 87.30 and 87.10 as next targets
the breakout of 88.00 will call fro arebound towards 88.40
Who can get a good deal on the purchase, the couple is still in the northern trend rate at its correctional wave approached the strong level of 87.35 which began about consolidation, also worth paying attention to the northern signal stochastics.
decline in jpy currency pair is the bias of the strong uptrend that has terjadi.jadi I prefer to do a buy order on the USDJPY. but before it USDJPY likely want to try to penetrate the low area on h4 timeframe 8719
It seems there is a change trend, the pair managed to break through the medium level sloping trend, then the time schedule was already noticed by other pan-resistance of which is perfectly possible to try to catch the south, along with support for convergent 87.25 formed bearish triangle (much lower upper maxima) reduce waiting .
In the 1-hour chart movement, USDJPY has been successful through the 87.23 level and immediately wanted to approach the level of 86.85. This correction occurs due to the yen failed to survive diarea 0% Fibo level at 87.50 and is now an initial resistance.
This trading week was noted by the early formation of the correctional southern movement, the pair managed to break several important support levels among them 87.34 (which is now the pair has tested again but this time as the resistance) it was my point of aim to sell at least 200 of which is moving around lower limit of unconfirmed channel.
Today(9-1-13 ) pivot point are-
Resistance 3- 88.49
Resistance 2- 88.14
Resistance 1- 87.59
Pivot point- 87.24
Support 1- 86.69
Support 2- 86.34
Support 3- 85.79
http://i45.tinypic.com/k0sh2f.gif
The pair is trading below the ascending channel support. The bearish movement of the pair may continue if the remains stable below the 87.85 levels. According to my chart analysis, I prefer to selling the pair below 87.85 with targets 87.45, 87.15 then 86.80 and stoploss with four hour candle closing above 88.25.
Pullback bulls play here for now. The bulls pinbar look pullback up from that pivot 86.94. Make plan for buy OP with use SL on bellow that pivot 86.94 yes, wise idea, I see.
On the Hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 88.52
SL: 86.86
usdjpy rises to the level 87.50
led waves of selling that has the pair usdjpy during the first hours of Asian trading session to average levels stable at area 87.00 after the U.S trading session concluded yesterday at 87.00
long positions at 86.70 with 87.00 and 87.30 as next targets
the breakout of 86.50 will call fro arebound towards 86.10
After the course, met with 200 sliding pair showed good growth and even managed to break through the sloping resistance level, course now come to another strong resistance around 87.66 which began to consolidate from him still waiting for the beginning of the fall, but my feet - a coup to buy above 87.75 .
Yesterday the pair attempted to go beyond gliding alligator but strengthened following their course failed and today left little to the north in the area of moving, is not clear - renewal is the main trend or is it all of a small correction after which it will decline, so will be a signal to sell breakdown of support 87.35, and if the couple will be able to become stronger still above 87.70, then again in the purchase.
On the 1 hour chart the movement, USDJPY has been successful through the 87.23 level and immediately wanted to approach the level of 86.85. This correction occurs due to the yen failed to survive in the area of 0% Fibo level at 87.50 and is now an initial resistance.
Still very bullish with 89.50 target, before bigger retracement and after another bullish trade :D
Today will be announced very important data from US, 10 years bond auction, which will tell us about BOJ action more :)
I think the JPY will be corrected to dollars first, before continuing trend.
do not forget to look at the stochastic indicator, so that no one open potition.
Opening the market USD / JPY today, Wednesday, January 9, 2013 was 87.05 and the range is priced between the two equilibrium values and areas of support. Seen since the opening of the market, prices tend to go up to successfully penetrate both the equilibrium value in the price range 87.41. Maybe it happened because o3.00 at dawn, out data releases USD Consumer Credit m / m that positively impact the USD.Selanjutnya flat prices tend to move in between the first and the equilibrium value of the equilibrium value of the second.
Until this afternoon, USD / JPY was at 87.60 price range. If the price will tend to rise, and if the price can break through the first equilibrium value in the price range 87.74, the price is expected to rise towards resistance area at 88.39 price range. Conversely, if the price will tend to fall toward the equilibrium value both in the price range 87.41. If prices can penetrate these values, it is likely prices will continue to fall until the area of support in the 86.76 price range, and may even continue.
The course still broke through the upper boundary of the triangle and continues to form the northern wave of selling until you can score, the goal again is like a mark of 88.35, it seems the trend is not so easy to break, waiting for my entry point to purchase, at the break of 88.35 going to buy more.
Time frame- H4
the price is not able to break its support level at 86.95 and it again moving to up side but in upper side price level 88.40 is also offering a resistance. we can trade in the break out direction.
Today(10-1-13 ) pivot point are-
Resistance 3- 89.47
Resistance 2- 88.74
Resistance 1- 88.30
Pivot point- 87.57
Support 1- 87.13
Support 2- 86.40
Support 3- 85.96
The current price has moved up to touch R1 see Kumo conditions are still not showing saturation indicates that price movements will continue to go up, but while it made the correction to the price movements between the R1 and the pivot, after which the price will likely go up.
http://i47.tinypic.com/dbk42b.gif
A slight downside movement after breaking the ascending channel the pair now move to the upside and parabolic also supports the bullish movement but stochastic reached at the overbought levels and the pair also trading below the ascending channel which indicates the negative movement. Therefore at this point i prefer to stay aside from the pair until we get a confirm signal for the upcoming big move.
This also to be bearish. On today move (4H TF), I see this can be more bearish if price can still move on bellow that 23.6 fib (bellow price 87.77). Search for sell but make sure that SL for sell above that 23.6 fib 87.77
Again, look to the south, the pair failed to break the previous high of 88.33 and from this level began to form a parabolic circle, MASD with the RSI shows a sell signal, the stop for the 88.40 mark, while strengthening the lower figure of 88.00 still selling.
Pair up again north trend on the hourly chart is vyrisovalas below 88.00 support which the rate is not allowed, for her and tucked my feet, now the main task will be to break the bulls local maximum of 88.40.
Also climbed on sale for JPY, the pair formed a clear side channel and after the course went to the top of the boundary - 88.30 level began consolidation also considerably forming a double bottom + MASD also skirts the southern signal target figure of 87.00.
Today(11-1-13 ) pivot point are-
Resistance 3- 89.98
Resistance 2- 89.38
Resistance 1- 89.07
Pivot point- 88.47
Support 1- 88.16
Support 2- 87.56
Support 3- 87.25
but in this case the analysis of those worked very well, the price strayed from 86.80 support and just shot at the break as the action ... so that a very strong movement in the top continues ... waiting to enter the rollback position ...
On the Hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 90.00
SL: 88.09
http://i45.tinypic.com/28cg9iq.gif
The pair breaks the 88.25 levels which confirms the further bullish movement. The stability above 88.25 levels is must for the bullish movement if the pair breaks below this levels than it negates the upside move. According to my chart analysis, I prefer to buying the pair above 89.00 with targets 89.60, 90.10 then 90.85 and stoploss with four hour candle closing below 88.25.
this is a pair of currencey that has the best trends in the market and being that it has go9t the best in the market that we can trade with then i can say that we have to make some very serious adjustment .
An interesting situation is traced by jpy, amid the sharp fall of the dollar in almost all majors (especially the euro) jpy was even weaker against the weak dollar and yesterday still broke through strong resistance 88.30 and reached a new high, against the trend seems better not to go while waiting for the completion of corrective steps to open the shop.
decided to add another purchase, the couple worked fine yesterday my signal to the north and broke through a strong area of fractals (Resistance 88.38) is a course again looms support around 88.85 which was already a lower fractal, also in the region are moving alligator and 89.00 figure, can now order become a figure of 90.00.
For USDJPY this more to be nice bulls of course. Look that this nice bulls can still play as long as that ex. resistance (near price 88.42) can not be break down again by seller.
Pair seems to have found a buyer in the oblique medium level from which to pick up again forming the northern waves, now the course is moving back to the area of the current day high of 89.30, if the course will be able to overcome it then reopen the shop, this breakthrough should open the way to the 90.00 figure, which I think and will be the main purpose of the bulls.
Spoiler: