today i got two positions on my USD/JPY and am still holding it short hopefully i believe that it will fall like anything
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today i got two positions on my USD/JPY and am still holding it short hopefully i believe that it will fall like anything
Daily analysis for USDJPY
correction zigzag 102.40, No Pivot Points have been reached.
Elliott 101.33
Closing 101.92
Ex-Low 101.50
Ex-High 101.99
Support 1 101.62
Support 2 101.31
Resistance 1 102.11
Resistance 2 102.30
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analysis for today 4 / 16 / 2014
USD/JPY
Resistance : R1 102.56 R2 102.81 R3 103.01 R4 103.31
Support : S1 101.36 S2 101.11 S3 100.91 S4 100.61
Open : 101.91
High : 102.11
Low : 101.81
Range : 30 Pips
Running Price : 102.05
Strategy : BUY at the level 102.05 stop loss at the level 101.36 target take profit at the level 103.01 or at the level 103.31
If we look on H4 time frame, we can see the previous candle is a bullish engulfing candle and also a rejection from the support level at 101.55. Now, USDJPY is moving around 101.91 resistance level. If USDJPY can rise and break this resistance, this pair may goes up to the next resistance level at 102.24.
Daily analysis for USDJPY 16-04-2014
USDJPY should try higher up to 101.96 - 102.11. Entry point 101.81 or 101.71. After this rise, a correction is expected.
Key Point 102.09
Entry Point 101.76
Trendline 1 101.53
Trendline 2 101.59
Key Point 102.09
Entry Point 101.76
Trendline 1 101.53
Trendline 2 101.59
The pair USD / JPY tested the level of resistance in the price 102.27 , but not fixed and started to decline , now Stochastic indicator signals to reduce and therefore it is possible that the pair will decline to the level of support in the price 102.00 -101.80 .
Trading analysis for 16th April, 2014. In Daily chart USDJPY shows bullish trend. At present USDJPY breaks 1st resistance and try to break 2nd resistance level. Next strong resistance level is 102.874.
Pivot: 101.788
Resistance levels
R1 102.088
R2 102.275
R3 102.575
R4 102.874
Support levels
S1 101.601
S2 101.301
S3 101.114
S4 100.926
Attachment 10691
For the time being above 101, but in the breakthrough of 102.50 and 102.90/00, we can not confirm the near-term downside has ended. Below the main support in 100.70/40, below will open up more space down. Expected short-term in 101 to 102.50/90 repeatedly falls. Unable to recover the 102.50/90 area or restore the downward.
usd/jpy bhi acha pair hai but ap try kar lo kay ap thori amount say try karo aur daikh lo agar apko acha profit dai raha hai to theek hai agar acha profit nahi dai raha hai to ap ko mai recommend karta hun usd/eur is the best pair
analysis for today 4 / 17 / 2014
USD/JPY
Resistance : R1 102.81 R2 103.06 R3 103.26 R4 103.56
Support : S1 101.51 S2 101.26 S3 101.06 S4 100.76
Open : 102.23
High : 102.26
Low : 102.06
Range : 20 Pips
Running Price : 102.12
Strategy : SELL at the level 102.12 stop loss at the level 102.81 target take profit at the level 101.06 or at the level 100.76