Update: 11 December 2013
resistance3: 103.82
resistance2: 103.34
resistance1: 102.90
Key point: 102.58
support1: 102.09
support2: 101.76
support3: 101.14
Buy: 102.61
Short target: 102.98
Long target:103.45
Printable View
Update: 11 December 2013
resistance3: 103.82
resistance2: 103.34
resistance1: 102.90
Key point: 102.58
support1: 102.09
support2: 101.76
support3: 101.14
Buy: 102.61
Short target: 102.98
Long target:103.45
fibo lines today 11-DEC 2013
fibo 100% = 102.094 & fibo 61% = 102.412
fibo 50% = 102.510 & fibo 38% = 102.608
fibo 23% = 102.730
target buy to 103.343
target sell to 101.965
http://www14.0zz0.com/2013/12/11/04/625778834.png
http://s30.postimg.org/zcleei7wh/screenshot_154.png
we can consider again the bias Intraday USD / JPY that consolidation from 102.47 could still be in progress. we suggest that if there was a slight increase in order to remain within the possibilities carefully up and then tried to pass Resistance 102.93 103.28 but can be continued bearish because of support from 103.05 to 102.29.
camarilla levels today
W-R 38% @ 103.284
WP @ 102.620
W-S 38% @ 101.956
W-S 100% @ 100.873
W-S 138% @ 100.209
order buy @ 102.753
http://www13.0zz0.com/2013/12/11/05/705260656.png
http://charts.mql5.com/3/299/usdjpyr...rectdealer.png
Date: 11-12-2013
Time frame: 1h
High and low prices
High today is: 102.94
Low today is: 102.56
Total pips today: 38
So sell from: 102.71
Our target 1 is: 102.26
Our target 2 is: 101.88
Daily & weekly support and resistance level
Daily R3 = 104.102
Daily R2 = 103.654
Daily R1 = 103.284
Weekly pivot = 102.620
Daily pivot = 102.927
Daily S1 = 102.470
Daily S2 = 102.113
Daily S3 = 101.656
http://www7.0zz0.com/2013/12/11/06/663760614.png
Support and resistance today
R3: 103.88
R2: 103.43
R1: 102.95
Pp: 102.51
S1: 102.02
S2: 101.54
S3: 101.00
sell from: 102.63
target1: 102.09
Stop loss: 104.11
Good luck for all
Standard pivots
R3 103.951
R2 103.451
R1 103.284
PIVOT 102.927
S1 102.470
S2 102.113
S3 101.656
http://www6.0zz0.com/2013/12/11/08/331646434.png
the pair price already touched daily resistance 1 level 102.85
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 102.00
so sell now from 102.53
the pivot point will be my target
stop loss will be above the resistance 1 level 102.85
The pair continues to decline in the correction, and it is likely a small growth on the level of 102.30, this growth can be assumed as a correction to decrease, and the pair will be able to try again to continue reducing the support level 101.90, where correction is likely completion and beginning of a new growth of the pair.