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Trading Signal - 03/07/2014 - 10:00 GMT +3
Instrument: USDJPY
60min CHART
Upwards Strong
Waiting for a retracement lower towards the 101.70 support level, in order to reinstate LONG positions.
Support & Resistances
101.70 102.00
101.60 102.50
101.50 103.00
http://dl.dropbox.com/u/51561036/scr...703-202508.jpg
http://prntscr.com/3z0ly1
analysis for today 7 / 3 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 101.67
Retracement (50%) 101.62
retracement (61,8%) 101.56
Extensions (61.8%) 102.10
Extensions (100.0%) 102.26
Extensions (138.2%) 102.42
Extensions (161.8%) 102.53
calculation based on a Fibonacci retracement then today I choose buy
http://prntscr.com/3z7gzn
analysis for today 7 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 7 / 3 / 2014
OPEN 101.76
HIGH 102.26
LOW 101.75
CLOSED 102.18
The third resistance (R3) 102.26 - ( 102.06 - 101.75 = 0.31 x 2 = 0.63 )= 102.89
The second Resistance (R2) 102.06 + 102.26 - 101.75 = 102.57
First resistance (R1) 102.06 x 2 = 204.13 - 101.75 = 102.38
pivot points 102.26 + 101.75 + 102.18 = 306.19 / 3 = 102.06
Support for the first (S1) 102.06 x 2 = 204.13 - 102.26 = 101.87
Support second (S2) 102.06 - ( 102.26 - 101.75 = 0.51 ) = 101.55
Third Support (S3) 101.75 - ( 102.26 - 102.06 = 0.20 x 2 = 0.39 )= 101.36
http://prntscr.com/3zcbb0
analysis for today 7 / 4 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 102.07
Retracement (50%) 102.01
retracement (61,8%) 101.94
Extensions (61.8%) 102.58
Extensions (100.0%) 102.77
Extensions (138.2%) 102.96
Extensions (161.8%) 103.09
calculation based on a Fibonacci retracement then today I choose buy
pair- usd/jpy
chart analysis time frame- m15
http://i58.tinypic.com/5drkm8.jpg
the price is moving in up trend side. its making down movement from the price at 102.25 level but not able to move below the 101.90 and moving up side with the rsi moving out from the oversold level 30. if the price is break the resistance trend line then make long entry with take profit at the 102.50 and stop loss at 101.85
good luck
http://prntscr.com/3zkbzg
analysis for today 7 / 7 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 7 / 4 / 2014
OPEN 102.18
HIGH 102.21
LOW 101.97
CLOSED 102.06
The third resistance (R3) 102.21 - ( 102.08 - 101.97 = 0.11 x 2 = 0.22
The second Resistance (R2) 102.08 + 102.21 - 101.97 = 102.32
First resistance (R1) 102.08 x 2 = 204.16 - 101.97 = 102.19
pivot points 102.21 + 101.97 + 102.06 = 306.24 / 3 = 102.08
Support for the first (S1) 102.08 x 2 = 204.16 - 102.21 = 101.95
Support second (S2) 102.08 - ( 102.21 - 101.97 = 0.24 ) = 101.84
Third Support (S3) 101.97 - ( 102.21 - 102.08 = 0.13 x 2 = 0.26
Trading Signal - 07/07/2014 - 10:00 GMT +3
Instrument: USDJPY
60min CHART
Upwards Weak
Waiting for the downward break of 102.00 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 102.30 would cancel the bearish scenario.
Support & Resistances
102.00 102.30
101.80 102.30
101.60 102.60
http://dl.dropbox.com/u/51561036/scr...707-215001.jpg
http://prntscr.com/40a139
analysis for today 7 / 7 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 102.06
Retracement (50%) 102.09
retracement (61,8%) 102.12
Extensions (61.8%) 101.82
Extensions (100.0%) 101.73
Extensions (138.2%) 101.64
Extensions (161.8%) 101.58
calculation based on a Fibonacci retracement then today I choose sell
In the chart below there is a line that was before playnig a resistance role. Now, after breaking we'll see what will happen when the price will retest this trendline. In the case of breaking it we can sell and if it bounce from it we can buy.
http://i.imgur.com/3Wmm8QH.png
By analyzing the USDJPY we can but a bearish chanel to limit the movement of the market inti two trend lines .
The price is moving at the lower edge of the donchin channel so you may think about buying as long as there is no opposite signs appear on the Awesome oscillator .
The Awesome oscillator has a green bar appears below the level of 0 and it is considered a good buy signal .
Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 20 th level .
Till this moment bullish trend is the choise and also buying targeting the upper edge of the donchin channel is not a bad idea at all .
[img]https://charts.mql5.com/5/156/eurusd-h1-*********-lp.png[/img]