Usd/Jpy

Usd/jpy analysis :

date : 10.22.14
time : 16:45 GMT
time frame : 15 min

current rate :107.24
high : 107.39
low : 106.78
net change : 0.23%

overall trend : slightly Bullish.

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 105.5133 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 107.9233 .
In other scenario if the price can break the support 105.5133 and get a bearish signals by a red dots then it’s expected to keep going south till the support of 104.1467 as the next weekly Pivot point.
http://bigimage.cz/photos/20010104978565203145295.gif .

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 bullish trend because of the up channel for today About the Awesome oscillator there are a bearish sign by having a red colored bars located above 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/20010104978565611137294.gif

The price is moving above the wave of EMA indicators to perform a shape of bullish direction through the day at the chart of USDJPY pair And with a buy signal showing on the RSI indicator which have the line going above the center line of 35 This also can be merged with the data of Macd indicator as you can see the green lines is heading up to inform that the market bulls have the control at the market for the current period Then I think going with the bulls at the current day and keep at the market until another sell signals shown on the chart by getting the price below the wave of EMA indicators.
http://bigimage.cz/photos/20010104978567180416602.gif .

Usd/jpy analysis :

date : 10.23.14
time : 03:45 GMT
time frame : 15 min

current rate :107.33
high : 107.37
low : 107.10
net change : 0.19%

overall trend : slightly Bullish.

According to the chart of USDJPY there are a main up trend signal as the 2 EMA 5 and 6 moving Above the slow EMA of 35 then I guess I will take a buy positions once the other indicators confirm the bullish direction.
There are a dots below the candles for parabolic sar indicator to indicate a upward direction and also I can monitor a buy signal on the MACD indicator which moving above the level 0 for now beside the CCI line is at the Higher level to perform a upward signal.
As I said before according to the EMA locations buying is my favorite side for today as long as the price didn’t show any opposite bearish signals.
http://bigimage.cz/photos/20010104978598082181058.gif .

the USDJPY pair for today seems to be on bullish trend according to the green 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 week bullish trend and a buy 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 red or if the price hits the support at the area of 107.15 which may mean that the bullish direction is over.
http://bigimage.cz/photos/20010104978598057188814.gif .

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analysis for today 10 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/JPY on the date 10 / 22 / 2014
OPEN 106.98
HIGH 107.34
LOW 106.76
CLOSED 107.12

The third resistance (R3) 107.34 - ( 107.07 - 106.76 = 0.31 x 2 = 0.63 )= 107.97
The second Resistance (R2) 107.07 + 107.34 - 106.76 = 107.65
First resistance (R1) 107.07 x 2 = 214.15 - 106.76 = 107.39
pivot points 107.34 + 106.76 + 107.12 = 321.22 / 3 = 107.07
Support for the first (S1) 107.07 x 2 = 214.15 - 107.34 = 106.81
Support second (S2) 107.07 - ( 107.34 - 106.76 = 0.58 ) = 106.49
Third Support (S3) 106.76 - ( 107.34 - 107.07 = 0.27 x 2 = 0.53 )= 106.23

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 105.5133 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 107.9233 .
In other scenario if the price can break the support 105.5133 and get a bearish signals by a red dots then it’s expected to keep going south till the support of 104.1467 as the next weekly Pivot point.
http://bigimage.cz/photos/20010105978652694382659.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 yellow 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/20010105978653235119683.gif .