Usd/Jpy

USD/JPY (a 4-hour chart)
9 May 2014
The 101.30 support level looks very strong. It has kicked the price up five times for three months. The sixth approach to this level on reducing volumes can repeat the scenario. The pair can bounce up to the resistance level 102.60.
The first support is 101.65, the next one is 101.05. The first resistance is 102.25, the next is one 103.05. There is a strong and confirmed sell signal. The price is under the Cloud and it is above the Chinkou Span.
Trading recommendations
The price can consolidate a while before it bounces up. The lower the candle shadow at the level retest is the stronger it will bounce up.

http://dl.dropbox.com/u/51561036/scr...509-215238.jpg

USD/JPY analysis for today 5 / 9 / 2014


Resistance 3 102.84
Resistance 2 102.54
Resistance 1 102.34
Pivot Point 101.64
Support 1 100.95
Support 2 100.75
Support 3 100.45

BUY STOP 102.34 STOP LOSS 100.95 TAKE PROFIT 102.54
SELL STOP 100.95 STOP LOSS 102.34 TAKE PROFIT 100.75

Weekly technical analysis for USDJPY
USDJPY current fall is near an end of wave around 101.41 zone, a rally should then procede to above 102.24. Fall below 101.01 would cancel this scenario.

Key Point 101.79
Entry Point 101.71
Trendline 1 102.26
Trendline 2 101.51

Support 1 101.41 Support 2 101.01
Resistance 1 102.24 Resistance 2 102.67

analysis for today 5 / 12 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 101.66
Retracement (50%) 101.70
retracement (61,8%) 101.73

Extensions (61.8%) 101.35
Extensions (100.0%) 101.23
Extensions (138.2%) 101.11
Extensions (161.8%) 101.04
calculation based on a Fibonacci retracement then today I choose sell

usd/jpy on map down to the interval since February along the 101.30 support is expected to decline reprieve, after the recent correction, break through the support will be further downside. From the map hour trend, the usd/jpy short-term running inside the 101.40-102.05 interval, short-term upside to interval along the nearby uplink slowdown, prediction intervals along the interval concussion pattern continues.

Daily technical analysis fro USDJPY 12/05/2014
USDJPY may attempt a test higher to 101.84 - 101.93 after which weakness may set it to a drift down to below 101.63 limit.

Key Point 101.93
Entry Point 101.72
Trendline 1 101.68
Trendline 2 101.78

Support 1 101.63 Support 2 101.44
Resistance 1 101.93 Resistance 2 102.04

Daily analysis for USDJPY
USDJPY correction zigzag 102.23, much higher, testing second daily resistance 102.04

Elliott 1.3993
Closing 1.3755
Ex-Low 1.3745
Ex-High 1.3844

Support 1 1.3717
Support 2 1.3681
Resistance 1 1.3817
Resistance 2 1.3882

Trading Signal - 12/05/2014 - 11:00 GMT +3
Instrument: USDJPY
60min CHART
Upwards Strong
The market is testing support at 101.80. We are waiting to see reversal signals in order to reinstate LONG positions. Next important support the 101.60 level.
Support & Resistances
101.80 102.10
101.60 102.40

http://dl.dropbox.com/u/51561036/scr...512-231954.jpg

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 support of average system to maintain the objective rally. Although the short-term rebound, but the rebound in the process of showing strong repeatedly, continuity is poor, is expected to rebound in the USD / JPY will be down to 101.90.

analysis for today 5 / 13 / 2014

USD/JPY

Resistance : R1 102.86 R2 103.11 R3 103.31 R4 103.61
Support : S1 101.48 S2 101.23 S3 101.03 S4 100.73

Open : 102.12
High : 102.23
Low : 102.11
Range : 12 Pips
Running Price : 102.23

Strategy : BUY at the level 102.23 stop loss at the level 101.48 target take profit at the level 103.31 or at the level 103.61