Usd/Jpy

http://charts.mql5.com/3/321/usdjpyr...rectdealer.png
Date: 13-12-2013
Time frame: 1h
High and low prices
High today is: 103.92
Low today is: 103.34
Total pips today: 58
So buy from: 103.75
Our target 1 is: 104.23
Our target 2 is: 104.87

analysis for today 13 / 12 / 2013
USD/JPY (Daily Trade)

Resistance 3 104.64
Resistance 2 104.34
Resistance 1 104.14
Pivot Point 103.37
Support 1 103.11
Support 2 102.91
Support 3 102.61


SELL 103.11 STOP LOSS 104.14 TAKE PROFIT 102.91 OR 102.61

USD/JPY broke over the critical resistance or 103.73 to go as high as 103.92. The pair found resistance ahead of 104.00 to move down to 103.52. This resistance was natural because entering 104.00 ranges means the readiness to break the psychological barrier of 105.00. However the break over 103.79 has opened the doors for a test of 105.00. We now expect a support in the range of 103.20 to 103.39 and with that support USD/JPY should target 104.30 to 104.40 resistance first. A decisive break over 104.40 will open the roads for a test of 105.00. However, we will expect a very strong resistance in the range of 104.60 to 104.80. On a longer-term basis we will expect a test of 105.00 sooner or later

virtual Day USDJPY

13-12-2013

DAY -OPEN 103.360

DAY-HIGH 103.917

DAY-LOW 102.375

BY using pending orders

buy limit from 102.360

sell limit from 103.930
http://www2.0zz0.com/2013/12/13/10/115881600.png

http://s30.postimg.org/4hvrxt8qp/screenshot_213.png

Our estimates rally will be followed by taking 103.37 to as high as 103.66 so far. Below 102.14 support will indicate a short term topping and turn bias back to the downside for 100.61 resistance turned support first. Momentum reversed somewhat inconclusive and we will remain cautious on resistance at 103.73 to bring reversal. However, break of 013.73 will confirm resumption of larger trends and will target 110 psychological level next.

the pair price already touched daily support 1 level (103.20) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (103.90).
so buy now from 103.63
the pivot point will be my target
stop loss will be down the support 1 level (103.20)

today i like to buy this pair @ 103.54
my stop loss of the day @ 103.40
half take profit for today @ 103.67
and further half take profit @ 103.87

this pair is outstanding its movement is very good i earn lot of money from it if japan economy is going down this pair move towards up if not than its came towards down so just remain in touch with news

Analysis for today13/12/2013

Resistance4: 101.77
Resistance3: 102.32
Resistance2: 102.80
Resistance1: 103.11
Pivot Point: 103.53
Support 1: 103.21
Support 2: 102.85
Support 3: 102.33
Support4: 101.78
Good luck

fibo lines today 13-DEC 2013



fibo 100% = 103.954 & fibo 61% = 103.609

fibo 50% = 106.503 & fibo 38% = 103.397

fibo 23% = 103.265


target buy to 103.889

target sell to 102.495

http://www11.0zz0.com/2013/12/13/13/414240128.png