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USDJPY BULLISH 20-JUN-2014 12:00
BULLISH above 101.9 ; moving toward 102.0 and possibly 102.1
Breaking 101.9 will trigger a possiblity to 101.6 and 101.5
Pivot : 101.9
Support : 101.6 101.5
Resistance : 102.0 102.1
Last Price : 102.041
http://dl.dropbox.com/u/51561036/scr...620-210902.jpg
pair- usd/jpy
chart analysis time frame- m15
http://i61.tinypic.com/rri5cg.jpg
the resistance of the price at 101.95 is not reject up movement and price is moving up with breaking it. this is now at the daily resistance level two at 102.13 and making some doji patterns. the rsi is also at the overbought side and may moved to lower side. if this is break the 102.00 then short with profit target at 101.80
good luck
According to what I am seeing today 6/23/2014 at the moment on the pair USDJPY chart considering that the overall direction is Up I would assume that the price 102.19
would be the strongest resistance level at the moment and of course if the price bounced from it then it's the best place to sell from but on the other hand if it got broken then buying would be a better option also the strongest support would be at the price 101.99 where the range would be the strongest until it's broken , then it's the perfect place to sell from. .
http://uploadyourimages.org/upload/s...75d129eb0d.JPG
http://prntscr.com/3vjtri
analysis for today 6 / 23 / 2014
USD/JPY
Resistance : R1 102.75 R2 103.00 R3 103.20 R4 103.50
Support : S1 101.38 S2 101.13 S3 100.93 S4 100.63
Open : 102.08
High : 102.13
Low : 102.00
Range : .13 Pips
Running Price : 102.03
Strategy : BUY at the level 102.03 stop loss at the level 101.38 target take profit at the level 103.20 or at the level 103.50
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analysis for today 6 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 6 / 20 / 2014
OPEN 101.94
HIGH 102.19
LOW 101.81
CLOSED 102.06
The third resistance (R3) 102.19 - ( 102.02 - 101.81 = 0.21 x 2 = 0.42
The second Resistance (R2) 102.02 + 102.19 - 101.81 = 102.40
First resistance (R1) 102.02 x 2 = 204.04 - 101.81 = 102.23
pivot points 102.19 + 101.81 + 102.06 = 306.06 / 3 = 102.02
Support for the first (S1) 102.02 x 2 = 204.04 - 102.19 = 101.85
Support second (S2) 102.02 - ( 102.19 - 101.81 = 0.38 ) = 101.64
Third Support (S3) 101.81 - ( 102.19 - 102.02 = 0.17 x 2 = 0.34
pair- usd/jpy
chart analysis time frame- m15
http://i57.tinypic.com/2q9vyf8.jpg
the rsi indicator is moving out from the oversold level 30 and in the price chart its down movement is hold at the 101.80 level. if this support is break then price may be falling to the 101.70 then again its up movement can expected. long with the stop loss at 101.50 and take profit at the 101.90
good luck
USD/JPY (a 4-hour chart)
23 June 2014
The price is finding the first support at 101.60, the next one is at 101.00. The price is finding the first resistance at 102.23, the next one is at 102.70.
Trading recommendations
The false support level of 101.75 retest can correct the price upwards in the short term. The potential correction target is the mark of 102.00.
http://dl.dropbox.com/u/51561036/scr...623-215257.jpg
http://prntscr.com/3voc8h
analysis for today 6 / 23 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 101.96
Retracement (50%) 102.00
retracement (61,8%) 102.04
Extensions (61.8%) 101.58
Extensions (100.0%) 101.43
Extensions (138.2%) 101.28
Extensions (161.8%) 101.20
calculation based on a Fibonacci retracement then today I choose sell
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analysis for today 6 / 24 / 2014
USD/JPY
Resistance : R1 102.56 R2 102.81 R3 103.01 R4 103.31
Support : S1 101.18 S2 100.93 S3 100.73 S4 100.43
Open : 101.91
High : 101.93
Low : 101.81
Range : .12 Pips
Running Price : 101.84
Strategy : SELL at the level 101.84 stop loss at the level 102.56 target take profit at the level 100.73 or at the level 100.43
yes you happen to be proper due for you to japan earth quake it is fall numerous pips..but currently my partner and i can see little bit improvement near 80.16..and immediately after again your pair from this price level so when i expect little bit further improvement.