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I have the same Idea with you, I believe in this Pair, and when I road the news I believe that this pair will up or down, but for this moment no new about jpy , only USD, because the American business man try to go up the USD,Quote:
Originally Posted by Asim Wazeer
USDJPY has broken the support level at 101.55 successfully. Now, because of that breaking, I think USDJPY will has a chance to continue falling today and this pair may tries to reach the next support level at around 101.18 or even lower if USDJPY can also break 101.18 support level
analysis for today 4 / 14 / 2014
USD/JPY
Resistance : R1 102.16 R2 102.41 R3 102.61 R4 102.91
Support : S1 100.88 S2 100.63 S3 100.43 S4 100.13
Open : 101.62
High : 101.63
Low : 101.41
Range : 22 Pips
Running Price : 101.55
Strategy : SELL at the level 101.55 stop loss at the level 102.16 target take profit at the level 100.43 or at the level 100.13
Trading analysis for 14th April, 2014. In Daily chart USDJPY shows flat. Moving in the same place.
Pivot: 101.590
Resistance levels
R1 101.863
R2 102.120
R3 102.393
R4 102.667
Support levels
S1 101.333
S2 101.060
S3 100.803
S4 100.547
Attachment 10671
usd/jpy intraday charts of moving average system formed repeatedly through the middle, keep a sideways rhythm. From the map hour trend, the dollar / yen in suppression of average system to maintain the objective trend, short-term low around the low of a building 101.30 minor rhythm, it is expected that after short-term adjustment still further down space. The process of falling short-term resistance at 102.15.
On H1 time frame, we can see USDJPY is moving near the trend line now. Then, if USDJPY can fall and break this trend line, I think USDJPY will be possible to fall and continue the bearish trend as the major trend, and this pair will reach the support level at 101.18 or even lower.
Daily analysis for USDJPY 14-04-2014
It should trade higher to 101.89 or above 102.15 in extention. Supports at 101.48 and 101.35. Stop loss below 101.07 zone.
Key Point 101.67
Entry Point 101.43
Trendline 1 101.58
Trendline 2 101.41
Support 1 101.35
Support 2 101.07
Resistance 1 101.89
Resistance 2 102.15
:(
i love this pair and i believe that this pair will give me some huge amount of pips today... love USD/JPY .. always look for USD chart before analysing any USD/xxx pairs ..
---------- Post added at 04:14 PM ---------- Previous post was at 04:10 PM ----------
R1 102.863
R2 103.120
R3 103.393
R4 103.667
Support levels
S1 102.333
S2 102.060
S3 102.803
S4 102.547
---------- Post added at 04:16 PM ---------- Previous post was at 04:14 PM ----------
professional traders make money in both choppy and in trending markets .. and bull sand bears both makes money .. bulls give way to bear and bear give way to bullls
When we see history price keep on falling slowly i think we don't see price in future in 85 level.
i am buying USD/JPY and i will keep hold it for long terms .. because i believe that it will cross 110 soon and it will give me good money .. so u guyz do ur analysis as well and tell me about it