USD/JPY pair price already touched Fibonacci 23.6 level and upper trend line. Now the price try to move down ward. I think the price may touch daily pivot point (98.415).
http://i1311.photobucket.com/albums/...psbcd76a9d.jpg
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USD/JPY pair price already touched Fibonacci 23.6 level and upper trend line. Now the price try to move down ward. I think the price may touch daily pivot point (98.415).
http://i1311.photobucket.com/albums/...psbcd76a9d.jpg
usd/jpy
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 31.23
+di : 25.11
-di : 21.60
adx(14) level
adx : 27.31
+di : 26.83
-di : 11.27
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0900 gmt
USD/JPY (a 4-hour chart)
19 September 2013
The current sell signal is strong and confirmed, as Chinkou span entrenched below the price and the price is below the Ichimoku cloud
Trading recommendations: The growth is postponed or maybe cancelled at all after surprising news from the USA. The pair fell to 97.90 where it stopped. After such a fall we believe that the pair stops for a while or may even pullback to 98.40.
http://dl.dropbox.com/u/51561036/scr...919-173157.jpg
Usd/jpy analysis :
date : 09.19.13
time : 09:30 GMT
time frame : 15 min
current rate :98.95
high : 98.99
low : 97.88
net change : 1.04%
overall trend : slightly bullish.
all time low record is around 76, not around 78.88. Anyways i was think it gonna go up when it was around 80 and now it touch 80.35, i think we can see around 80.70 in coming daysi agreed with you, that when we history it falling down only. Some 20 yrs back, price was more then 300, around 10 years back price was around 150 and now 80, maybe after 5 yrs price goes to 50
USD JPY touched our main waited target at 98.00, and the decline stopped at the previously breached bearish trend resistance level which turns into support now at 97.75, which keeps the trading inside the bullish channel that appears in the image. Now, we need to monitor the price behavior according to the next intraday trend keys, which are represented by 97.75 support and 99.15 resistance, where breaking the mentioned support will make the bearish trend extends towards 96.80 then 95.80, while breaching the resistance will push the price to be trading above 100.00 again.
http://charts.mql5.com/2/556/usdjpy-...orex-group.png
USD/JPY Currently trend is neutral yesterday pair break 98.00 level but now it recovered it and currently moving near 99.00 level possible may be it will go 99.40 level or 100.00 . Today we have some dollar important event after 2 hour so its better that if u making plan then follow it and then enter. Current important level 98.00 99.00 100.00
http://i.imgur.com/lePYu8b.png
Third Resistance | 100.5033
Second Resistance | 99.9167
First Resistance | 98.9233
Pivot Point | 98.3367
First Support | 97.3433
Second Support | 96.7567
Third Support | 95.7633
Currently near to First Resistance. If break take buy to second resistance if turn back set your sell target to first resistance and then pivot point.
Happy Trading
the pair trade down the down trend in 1h chart
stochastic refers to down way
so the pair will go to down way in next period
http://www11.0zz0.com/2013/09/19/11/573464461.png
The current market is in a period of strong down current revese after FOMC news release. buy the target is 98.85. I waited in this area to confirm, if the candle buy break of this level is still the possibility of further rises, but if the market will reject it again sell with a target sell candle close (97.93)