Usd/Jpy

http://prntscr.com/51a5kt
analysis for today 10 / 30 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 108.56
Retracement (50%) 108.44
retracement (61,8%) 108.32

Extensions (61.8%) 109.58
Extensions (100.0%) 109.97
Extensions (138.2%) 110.36
Extensions (161.8%) 110.60
calculation based on a Fibonacci retracement then today I choose buy

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 106.8033 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 108.9133 .
In other scenario if the price can break the support 106.8033 and get a bearish signals by a red dots then it’s expected to keep going south till the support of 105.4667 as the next weekly Pivot point.
http://bigimage.cz/photos/20010112979256527144510.gif .

Daily forecast: USDJPY 31 Oct. 2014.

Technical analysis for Daily forecast of USDJPY 31 October, 2014. In Daily chart USDJPY shows bullish trend. At present USDJPY above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 110.639.

Pivot: 109.146

Resistance levels

R1 109.537
R2 109.858
R3 110.249
R4 110.639

Support levels

S1 108.825
S2 108.434
S3 108.113
S4 107.791
Attachment 12116

As you can see on the chart of USDJPY the prices is now lower than the EMA line of 15 which could be used as a good sign of bearish trend for today.
Also the power line indicator is now above the 50 level which indicates a good upward direction signal.
One important thing else is the power momentum indicator which as you can see show a high power of the bearish trend which can be used to filter the entry of sell positions.
http://bigimage.cz/photos/20010112979286886470546.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 blue colored which indicate a buy 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 110.15 which may mean that the bullish direction is over.
http://bigimage.cz/photos/20010112979289435157349.gif .

A week bullish trend take a place on the hourly chart of the USDJPY as the Blade oscillator is now at 0.808 area above the level of balance and at the same time the indicator is blue colored which is a week indication of bullish direction on the short term. On the chart itself you can see the moving average 5 sloping UP and then you can consider the last bottom drawn by it at 110.46 as a good stop loss if you need it in case of buy orders which is very advised according to the indicators signals. http://bigimage.cz/photos/20010112979288759207798.gif

The USDJPY now is on a bullish direction according to Henkin Ashi candles color which is blue 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 blue bar to confirm a buy signal for current period Another important thing that you need to keep in mind is the resistance located at 111.8 which may get the price reversed to down levels if it fails to break it http://bigimage.cz/photos/20010112979290296171028.gif

AS you can see on the USDJPY pair there are a bullish intersection between EMA 9 and EMA 152 which can be a good signal for a starting of bullish trend.
About the Histogram indicator there are a buy signal shown on it by getting the Green line which is come above the 0 level of Histogram.
Now checking the market emotions indicator can indicate a bullish signal by showing the green color which mean that the price have a positive emotions at this moment.
The line of Guru Angel indicator is clearly moving above the level 0 to show a Green line which can be considered as a support for the bullish direction.
Going north is my favorite guess for the current day to reach the next resistance above the price which can be found at 112 then according to that buy orders is now recommended over selling as long as there is no opposite signals is shown http://bigimage.cz/photos/20010112979291293211754.gif

The USDJPY chart shows that the price currently is moving below the MBFX indicator's red line and it is a resistance area On looking at the last signal on vestro indicator there is a bearish saturation signal by going towards -100 level that may be a good indication to go north for now When you want to enter long so you can target the next level of resistance of the MBFX indicator at 110.96 as first take profit and 110.65 as your final target All of this means that in case of the price didn't reach 111.9 and it can be used as stoploss for your buy trades .
http://bigimage.cz/photos/20010112979293180780308.gif

http://www6.0zz0.com/2014/10/31/13/674868017.png


cci(14) : 223.54

bulls (13) : 3.30

i see the in pair up trend

so i will buy from : 111.86

and my target today is : 112.86

and target 2 today is : 114.86

good luck