Usd/Jpy

usdjpy on the hourly frame have a resistance level at 105.502,
so if the price on this time frame breakout that hourly resistance level by a full hourly candle the pair price target on this time frame will be at 106.376 if that level not breakout again

up trend is still intact in a triangle configuration it should continue to rally to 105.50 or 105.36 if support around 105.00 hold after which a pullback to 105.00 - 104.92 zone is possible
support and resistances
res2 105.54
re1 1.05.36
sup2 104.47
sup1 104.83]

Trading Signal - 30/12/2013 - 10:00 GMT+3
Instrument: USD/JPY
60min CHART
Upwards Strong
Waiting for a retracement lower towards the 105.10 support level, in order to reinstate LONG positions.
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (103.20). Provided the market conditions will remain the same the TP2 will be reached soon.
Support & Resistances
105.10 105.50
104.80 106.00
104.80 106.50

http://dl.dropbox.com/u/51561036/scr...230-191141.jpg

http://s30.postimg.org/uxmqec3up/screenshot_476.png

USDJPY Intraday bias remains on the upside for the moment. The current trend of rising still in progress and should be targeting next projection of 104.63. On the downside, below 104.99 minor support will turn bias neutral and bring consolidation. But in the case of the retreat, strong support should be seen from 104.90 ..

Hi Traders,
USDJPY pair is now down trend (1H 4H D1). The price already touched daily pivot point (104.99).I think this pair is may be reach the support level at 104.80 or may go to resistance level at 105.34. or go below to next support level because of Weak Pending Home Sales news from USD.

SNR
R3 105.88
R2 105.53
R1 105.34
PP 104.99
S1 104.80
S2 104.45
S3 104.26

elliott wave exagerated impulse wave up 105.67 currently uptrend should end around 105.83 - 105.65 area acorrection down to below 104.24 is expected a rise above 106.12 will abort the expected correction
support and resistances
res2 106.12
res1 105.65
sup2 103.30
sup1 104.24
http://charts.mql5.com/3/451/usdjpy-...orex-group.png

Pivot point classic (31,12,13)

r3=105.050
r2=105.010
r1=104.950
pp=104.910
s1=104.850
s2=104.810
s3=104.750

---------- Post added at 10:43 AM ---------- Previous post was at 09:48 AM ----------

Pivot point camarilla(12/31/13)
r4=105.190
r3=105.050
r2=105.010
r1=104.960
pp=105.080
s1=104.870
s2=104.820
s3=104.780
s4=104.640

As a intraday trader i think this is the best time to reversal in this pair..i think its high probability to break the uptrend channel right now..
I prefer to open Short position and looking for 60 pip as my taking profit..
http://s28.postimg.org/3q6mcjf6l/screenshot_2.png

usdjpy py agr ap ny trade krni hy to boht he acha hy i ka rat boht he fast move krta hy or agr ap ko is ki news mil jay to phr bi ap ko is my boht he acha profit ho sakta hy usdjpy ky trend boht he important hy p us sy boht he profit ly sakty ho

yeh sub se zada chlana wala pair hay r is per bahut tezi se flucatation hoti rehti haen r is kayleye humay chaye kay dono countries ke conditon se her instant aware rahaen news se yahi humaray leye best ho ga.