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For the Asian session USDJPY is likely to experience a correction to the level MS1: 97.83 or even more than that. Later in the European session will resume his trend up by hitting R1 or R2 98.48: 98.77 and can be even higher than that.
http://s11.postimg.org/4alsjw8zn/screenshot_458.jpg
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USDJPY for today's analysis by using a simple moving average on the 1 hour time frame
SIMPLE Moving average 5 98.186000 SELL
SIMPLE Moving average 10 98.168500 BUY
SIMPLE Moving average 20 97.942050 BUY
SIMPLE Moving average 50 97.751860 BUY
SIMPLE Moving average 100 97.542310 BUY
overall trend buy
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analysis for today 10 / 30 / 2013
My daily trading,I hope the day is a success ...
USD/JPY (Daily Trade)
Resistance : R1 98.85 R2 99.10 R3 99.30 R4 99.60
Support : S1 97.51 S2 97.26 S3 97.06 S4 96.76
Open : 98.17
High : 98.26
Low : 98.10
Range : 16 Pips
Running Price : 98.16
For intraday trade today suggest BUY at the level 98.16 stop loss at the level 97.51 target take profit at the level 99.30 or at the level 99.60
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The USD/JPY chart in May 22nd since the narrow interval internal rhythm within the range to run. From the map hour trend, the last trading day broke through the role of downward pressure line since October 17th short-term resistance, launched a rapid rise in. In the current basis functions of average system to maintain the gains, the last trading day up slope in the process of close to 90 degrees, continuity is very good, with the main trend of rhythm feature. The short-term high resistance around high building time signs, conducive to the further extension of USD/JPY short-term gains, expected dollar / yen after short-term adjustment still have further room to rise. Short term support resistance of 98.25,98.50 97.80,97.45.
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Dollar Yen (98.17) rallied nicely to break the important 98 level. We had noted the bear exhaustion on yesterday's morning brief. Now a break above 99-100 would give us the major bullish confirmation, failing which more range bound action would be expected.
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the pair price already touched daily support 1 level (98.00) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (98.80).
so buy now from 98.26
the pivot point will be my target
stop loss will be down the support 1 level (98.00)
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how are you
date : 28 october 2013
chart :30 min
I expect from this analyze that the price will go to up way
today I am giving one order
buy 0.01 at 98.23
sl :97.38
tp :98.57
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Pair = USDJPY
Date = Dayly / 2013.10.30
Tipe = Pivot Point
Result
R3 = 99.30
R2 = 98.78
R1 = 98,48
PP = 97,96
S1 = 97.66
S2 = 97.14
S3 = 96.84
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Pair = USDJPY
Camarilla pivot point dayly result
2013.10.30
R4 = 98.62
R3 = 98.40
R2 = 98.32
R1 = 98.25
S1 = 98.09
S2 = 98.02
S3 = 97.94
S4 = 97.72
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Usd/jpy analysis for 10.30.2013 by using pivot indicator.
r3: 99.27
r2: 98.77
r1: 98.47
pivot: 97.97
s1: 97.67
s2: 97.17
s3: 96.87