Usd/Jpy

analysis for today 12 / 9 / 2014

USDJPY

Resistance : R1 120.96 R2 121.21 R3 121.41 R4 121.71
Support : S1 119.97 S2 119.72 S3 119.52 S4 119.22

Open : 120.69
High : 120.72
Low : 120.21
Range : .51 Pips
Running Price : 120.22


Strategy : SELL at the level 120.22 stop loss at the level 120.96 target take profit at the level 119.52 or at the level 119.22

According to price position which is below the EMA indicator on the USDJPY chart I believe it will be taking a bearish direction throughout the day.
A sell signal is indicated by the RSI indicator according to the line which is currently below the center line of 35.
Using the MACD indicator we can see that the green lines are heading down which means that the market bears are the ones in control in the current period.
As a result to that I do believe that choosing the bears for the current day would be the best choice but that of course until we get an opposite buy signal via the EMA indicator when the price gets above the wave .
http://bigimage.cz/photos/20141209141811171199961.gif

On the USDJPY chart now you can indicate that the price is currently moving below the MBFX indicator's blue line which is the balanced area with a location at 120.33 Currently by looking on the last signal on vestro indicator it was a bullish saturation signal by going to +100 level of vestro which may be a good notification about going north for the current time if you decided to enter short then you can target the next level of support on MBFX indicator at area of support on MBFX indicator at area of 119.75 as first take profit and 119.38 as your next and final target as long as the price did not hit 120.92 which can be used also as stop loss for your sell trades.
http://bigimage.cz/photos/20141209141811184205714.gif

analysis for today 12 / 9 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 120.92
Retracement (50%) 120.69
retracement (61,8%) 120.46

Extensions (61.8%) 122.90
Extensions (100.0%) 123.66
Extensions (138.2%) 124.42
Extensions (161.8%) 124.88
calculation based on a Fibonacci retracement then today I choose buy

Trading Signal - 09/12/2014 - 10:00 (GMT +2)
Instrument: USDJPY
Time : 60min CHART
Trend & Condition : Downwards Strong
A Medium probability, entry signal to go SHORT was given at 120.20 after the market completed a bearish trend reversal pattern. Only the upward break of 121.00 would cancel the bearish scenario.
Support & Resistances
118.80 120.30
117.50 120.90
117.20 121.80

http://dl.dropbox.com/u/51561036/scr...210-013028.jpg

at that time i not make the order of the usd/jpy and in next deal this pair will IN SHAH ALLAH added and i fell that this will also prove a good one for me and generate a profit for me.

usd/jpy To day support and resistance date.10/12/2014
Resistance 1:119.70
Resistance 2:120.00
Resistance 3:120.40
Power pivot:119.40
Support 1:119.10
Support 2:118.83
Support 3:118.50
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.

According to what I am witnessing now on the USDJPY chart the price now is giving us a signal that it might keep heading to a bearish trend based on the down channel drawn in front of us.
The upper edge of the donchain channel which got hit by the price giving us by that south signal.
The red bar shown by the awesome oscillator indicator is located below the level of 0 indicating by that a sell signal at the moment.
A bearish signal shown by the sell cross taking place on the stostatic indicator where the lines are located near the level of 80 The selling data shown in front of us could be the right call targeting by that the low level of the donchain channel but before entering any deal it would be wise to wait for a confirmation of down trend from the Awesome Oscillator increasing by that the chance for the sell trades to win almost near the down line of the channel http://bigimage.cz/photos/20141210141819255151993.gif

The moment indicator indicates that there is good selling signal on our pair USDJPY and that’s because of the cross taking place where the blue line’s location is below the red line at the moment The oracle strength indicator.
on the other hand is could be considered be giving a downwards direction signal according to the red color shown.
If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the blue colors on the arrows could be acting as upward signals.
Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.
http://bigimage.cz/photos/20141210141819282558973.gif

According to my analysis on the USDJPY chart for today