Usd/Jpy

the USDJPY pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is red colored which indicate a sell signal by the way.
Now the signals show a strong bearish trend and a sell trades can take a place as long as the signals remain the same.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be green or if the price hits the resistance at the area of 106.35 which may mean that the bearish direction is over.
http://bigimage.cz/photos/20141016141341214665581.gif .

A fast look on the USDJPY chart will help you to recognize the down trend on the hourly chart as the Gann SSl indicator moving downward and showing a red color.
According to this signal I will go with the sell orders for the current day as long as the price can’t break the resistance area shown by the white grid almost at price 107.1 .
Also there is a signal that should be aware of on the Range indicator which has a sell range colored by red to indicate a sell direction.
Finally using the signals of Filter indicator shouldn’t be neglected and in this moment there is a red bar on the indicator to inform that we could have a safe sell entry by now.
http://bigimage.cz/photos/20141016141341321923865.gif .

the price seems to move in downward trend today on the USDJPY chart as there are a red dots above the bars and as long as the price keeps lower than the strong resistance of 109.1533 which is also the weekly Pivot point then it seems that the price may keep going south till it can hit the weekly pivot support at 106.8233 .
In other scenario if the price can break the resistance 109.1533 and get a bullish signals by a blue dots then it’s expected to keep going north till the resistance of 110.6667 as the next weekly Pivot point.
http://bigimage.cz/photos/20141016141341509161117.gif .

According to the chart of USDJPY there are a main down trend signal as the 2 EMA 5 and 6 moving below the slow EMA of 35 then I guess I will take a sell positions once the other indicators confirm the bearish direction.
There are a dots below the candles for parabolic sar indicator to indicate a upward direction and also I can monitor a sell signal on the MACD indicator which moving below the level 0 for now beside the CCI line is at the lower level to perform a downward signal.
As I said before according to the EMA locations selling is my favorite side for today as long as the price didn’t show any opposite bullish signals.
http://bigimage.cz/photos/20141016141343866210275.gif .

http://i60.tinypic.com/2s0i7g1.jpg

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

Final decision: Bearish

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analysis for today 10 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 10 / 15 / 2014
OPEN 107.04
HIGH 107.49
LOW 105.19
CLOSED 105.91

The third resistance (R3) 107.49 - ( 106.20 - 105.19 = 1.01 x 2 = 2.01 )= 109.50
The second Resistance (R2) 106.20 + 107.49 - 105.19 = 108.50
First resistance (R1) 106.20 x 2 = 212.39 - 105.19 = 107.20
pivot points 107.49 + 105.19 + 105.91 = 318.59 / 3 = 106.20
Support for the first (S1) 106.20 x 2 = 212.39 - 107.49 = 104.90
Support second (S2) 106.20 - ( 107.49 - 105.19 = 2.30 ) = 103.90
Third Support (S3) 105.19 - ( 107.49 - 106.20 = 1.29 x 2 = 2.59 )= 102.60

Daily forecast: USDJPY 16 Oct. 2014.

Technical analysis for Daily forecast of USDJPY 16 October, 2014. In Daily chart USDJPY shows bearish trend. At present USDJPY below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support levle is 101.843.

Pivot: 106.279

Resistance levels

R1 107.106
R2 108.309
R3 109.136
R4 109.963

Support levels

S1 105.076
S2 104.249
S3 103.046
S4 101.843
Attachment 11899

There is a good selling signals appear today on the hourly chart of the USDJPY as the price have a red arrow as the last signal to show by the EMA crossover indicator which uses a 2 exponential moving averages with different shifts and you can see the red line crossing below the blue one to perform the sell signal.
The same also happens on the QQE indicator which you can see below the chart where you can find the lines Below the fifty levels and showing a Sell cross.
I'm going to sell targeting the area of 105.15 as a support or till I can get a new buy cross by the 2 exponential moving averages.
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http://bigimage.cz/photos/20141016141344933114625.gif

pair- usd/jpy
analysis time frame- m30

http://i62.tinypic.com/tam3i0.png

the price is moving in the channel pattern with having the support at 105.50 and the resistance at 106.35 level. the price is making equal low with macd indicator is lower to high side. if this break 106.35 then long with take profit at 107.25 and stop loss at the 105.00
good luck

the USDJPY pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is blue colored which indicate a buy signal by the way.
Now the signals show a week bearish trend and a sell trades can take a place as soon as the Nonlog indicator changes to confirm the direction.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be green or if the price hits the resistance at the area of 106.05 which may mean that the bearish direction is over.
http://bigimage.cz/photos/20141017141349843181095.gif .