USDJPY extended impulse wave up 102.63, testing second daily resistance 102.88
Elliott 99.57
Closing 102.42
Ex-Low 102.12
Ex-High 102.61
Support 1 102.15
Support 2 101.89
Resistance 1 102.65
Resistance 2 102.88
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USDJPY extended impulse wave up 102.63, testing second daily resistance 102.88
Elliott 99.57
Closing 102.42
Ex-Low 102.12
Ex-High 102.61
Support 1 102.15
Support 2 101.89
Resistance 1 102.65
Resistance 2 102.88
hi to all
pair: usdjpy
price: 103.04
date : 2 december 2013
high to low : 86
open to low : 27
open to hi: 59
the pair trade in down trend
we will sell at: 103.03
our target1 : 102.03
our target2: 101.03
the pair price already touched daily support 1 level (102.60) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (103.50).
so buy now from 103.06
the pivot point will be my target
stop loss will be down the support 1 level (102.60)
analysis for today 12 / 3 / 2013
My daily trading,I hope the day is a success ...
USD/JPY (Daily Trade)
Resistance : R1 103.58 R2 103.83 R3 104.03 R4 104.33
Support : S1 102.40 S2 102.15 S3 101.95 S4 101.65
Open : 102.94
High : 103.15
Low : 102.83
Range : 32 Pips
Running Price : 103.07
For intraday trade today suggest BUY at the level 103.07 stop loss at the level 102.40 target take profit at the level 104.03 or at the level 104.33
I use technical analysis of currency pairs USDJPY in the market at 05:10 which is the current market position is at 103.09 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = Oversold, MACD = Up Trend, Parabolic SAR = Up Trend, Stochastic = Break High,
but it is by looking at the position on the market today gained 102.91 points pivots, yesterday high at 103.27 and yesterday low at 102.37 so support and resistance
R3 : 104.35
R2 : 103.81
R1 : 103.45
Pivots : 102.91
S1 : 102.55
S2 : 102.01
S3 : 101.65
of some of the analysis contained in the signal TREND UP at currency pairs USDJPY, so the best step to open position SELL by set take profit at 102.79 and stop loss at 103.39. good luck
http://s30.postimg.org/ox5kuqf0h/screenshot_36.png
USDJPY attempted hold up of up to 103.25 area then the downtrend will start to look towards 102.87-102.67 pullback can happen at the pivot point 102.76.
analysis of several indicators that I use on usd/jpy currency with M30 and H1 timeframes are in the form of pivots indicator R3=103.07, R2=103, R1=102.88, Pivots=102.81, S1=102.69, S2=102.62, S3=102.5 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Break Low on market position 102.88 so that the most appropriate step is to conduct an open position SELL with a stop loss of 103.18 and take profit at 102.58
pair- usd/cad
chart analysis time frame- M30
http://i44.tinypic.com/214s9bp.png
the price is break the strong resistance at the 102.55 level and make some retracement at the 103.10 level. this is again make new low and hold at the 102.80 level. this is again make a pull up so we can long with the profit target at 104.00
good luck
Attachment 9566
TECHNICAL ANALYSIS
USDJPY
TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH
TREND: BULLISH
Regarding to indicators
Price now is : 103.25
Most indicators refers to down way
So sell now
Tp / 103.05
SL / 103.45
http://charts.mql5.com/3/224/usdjpyr...rectdealer.png