Update: 13 December 2013
resistance3: 104.76
resistance2: 104.23
resistance1: 103.77
Key point: 103.10
support1: 102.85
support2: 102.33
support3: 101.64
sell: 103.17
Short target: 102.86
Long target:102.43
Printable View
Update: 13 December 2013
resistance3: 104.76
resistance2: 104.23
resistance1: 103.77
Key point: 103.10
support1: 102.85
support2: 102.33
support3: 101.64
sell: 103.17
Short target: 102.86
Long target:102.43
USD/JPY (a 4-hour chart)
13 December 2013
The pair corrected after another unsuccessful attempt to test the resistance 103.75. This forms a double top indicates the possibility of falling below support at 101.10-101.60 99.20-99.30 area; the trend reversal up will probably happen.
Trading recommendations
The support level break down to 102.65 points to a continued downward trend. The main target of a decrease is the support at 102.00.
http://dl.dropbox.com/u/51561036/scr...213-223428.jpg
Daily & weekly support and resistance level
Daily R3 = 104.521
Daily R2 = 104.103
Daily R1 = 103.729
Weekly pivot = 102.620
Daily pivot = 103.052
Daily S1 = 102.901
Daily S2 = 102.001
Daily S3 = 101.627
http://www2.0zz0.com/2013/12/13/14/323872182.png
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 @ 103.136
http://www9.0zz0.com/2013/12/13/15/758455049.png
Standard pivots
R3 104.780
R2 104.103
R1 103.762
PIVOT 103.052
S1 102.678
S2 102.001
S3 101.627
http://www11.0zz0.com/2013/12/13/16/354529155.png
Today 13/12/2013
Resistance and Support
R3: 104.88
R2: 104.34
R1: 103.71
Pivots: 103.22
S1: 102.78
S2: 102.36
S3: 101.67
the markit break high 103.77 , on my openion markit also going to down and break 102.90 I don't see it would have any chance to rise anymore for today.
https://indian-forex.com/asset.php?f...3&d=1386956949
price now: 103.09
buy price @ 102.81
profit in pips :28
stop loss :103.04
Resistance 1: 103.57
Resistance 2: 103.70
support 1: 102.53
support 2: 102.41
Updated : 13 dec
movement: 0.06%
Support : 102.40
Pivot : 102.30
Resistance: 103.90
buy from: 103.13
target: 103.80
stop loss: 102.60