Usd/Jpy

The USDJPY now is on a bullish direction according to Henkin Ashi candles color which is red at this moment in associated with up arrow to indicate up trend When trying to analyze Snake vs T3-Clean you can see a buy signal due to intersection happens And to make sure you can take a look on the trend session indicator and you can see the red bar to confirm a sell signal for current period Another important thing that you need to keep in mind is the resistance located at 107.35 which may get the price reversed to down levels if it fails to break it http://bigimage.cz/photos/20141014141326620177156.gif

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analysis for today 10 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 10 / 13 / 2014
OPEN 107.54
HIGH 107.58
LOW 106.77
CLOSED 106.83

The third resistance (R3) 107.58 - ( 107.06 - 106.77 = 0.29 x 2 = 0.58 )= 108.16
The second Resistance (R2) 107.06 + 107.58 - 106.77 = 107.87
First resistance (R1) 107.06 x 2 = 214.12 - 106.77 = 107.35
pivot points 107.58 + 106.77 + 106.83 = 321.18 / 3 = 107.06
Support for the first (S1) 107.06 x 2 = 214.12 - 107.58 = 106.54
Support second (S2) 107.06 - ( 107.58 - 106.77 = 0.81 ) = 106.25
Third Support (S3) 106.77 - ( 107.58 - 107.06 = 0.52 x 2 = 1.04 )= 105.73

http://i59.tinypic.com/2la5544.jpg

Pair: USDJPY
Type of analysis: Technical
Time frame: H1
Channel line: Bearish above pivot
Fibonacci Indicator: Bearish expansion
William %R Indicator: Bearish (swing low)

Final decision: Bearish (continuation trend)

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analysis for today 10 / 14 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 101.82
Retracement (50%) 101.73
retracement (61,8%) 101.63

Extensions (61.8%) 102.59
Extensions (100.0%) 102.88
Extensions (138.2%) 103.17
Extensions (161.8%) 103.36
calculation based on a Fibonacci retracement then today I choose buy

pair- usd/jpy
analysis time frame- m30

http://i60.tinypic.com/14wr2mg.jpg

the price is making dobule bottom chart pattern at the support 106.80 level. the macd indicator is giving up trend signal. this is break the resistance at 107.20 level but will again rejecting down side. short with take profit at 106.25 and stop loss at the 107.40
good luck

14, October 2014
USD/JPY (a 4-hour chart)
It is also worth noting that the pair is in the decreasing channel direction. The resistance level of 107.60 short break will be stopped by the channel 108.00 upper bound where it is likely to expect the downward correction continuation.
The price is finding the first support at 107.10, the next one is at 106.70. The price is finding the first resistance at 107.60, the next one is at 108.00.
Trading recommendations
The potential price decreasing targets are the levels of 107.10, 106.70.

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The price hits the higher level of donchin channel on the USDJPY chart to perform a probably of bearish trend start by today As you can see the price is actually moving at bearish trend because of the down channel for today About the Awesome oscillator there are a bullish sign by having a green colored bars located below the 0 th level A quick look to the stostatic can inform you by a buy signal as the price near the level of 80 and there is a bullish cross between the two lines As a result of the previous signals I can bet on the bearish side by taking a sell trades wishing that the price reach the low edge of Donchin level which can be used as a good area for closing sell trades in profit http://bigimage.cz/photos/20141015141332530135085.gif

A bearish trend is now in action as you can see the red arrow shown on the hourly USDJPY chart at the current time which is supported with a top located at 108.25 which can be also used as a very strong resistance that the price shouldn’t go above it if the bearish trend still strong.
Also the parabolic sar dots is showing below the candles which is a sign that the price is heading up for a while.
when selling trades take a place I think then the support 106.95 can be a good area in order to close some open positions as the price has a good chance to go north after hitting it.
http://bigimage.cz/photos/20141015141332575193413.gif .

the price seems to move in upward trend today on the USDJPY chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 106.8233 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 109.1533 .
In other scenario if the price can break the support 106.8233 and get a bearish signals by a red dots then it’s expected to keep going south till the support of 106.0067 as the next weekly Pivot point.
http://bigimage.cz/photos/20141015141332638145559.gif .

A clear cross is occurs on the momentum indicator on the USDJPY chart as the blue line goes above the red one to perform a good buying signals for the current time By the way the blue color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the USDJPY To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the blue color on the arrows to perform a upward signal on the short term Now according to these data I think a upward trend should be in action as long as the momentum buy cross still on the chart and a buy trades can be taken as long as the ATR indicator keep showing a buying signals.
http://bigimage.cz/photos/20141015141332772103815.gif .