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Daily Forecast
pair:
Major Trend: Bullish
Time Frame: Daily
Reason: There is a strong resistance area at the price of 119.60. For now, the price is still sideways at 118.24 area. But if the market penetrates to the bottom area of 117.95, you can bet the price tends to fall
Recommendation: Buy now with SL 117.95
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pair- usd/jpy
time frame to analysis- m15
http://i60.tinypic.com/15wgmcl.jpg
the price is moving in the down trend channel pattern having resistance at 118.35 level and support at 117.75 level. the rsi is now moving up side. if this is break 118.40 level long with profit target at 118.95 and stop loss at 117.60
good luck
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Trading Signal - 23/01/2015 - 10:00 (GMT +3)
Instrument: USDJPY
Time : 60min CHART
Trend & Condition : Upwards Strong
A Medium probability, entry signal to go LONG was given at 118.34 after the market completed a bullish trend reversal pattern. Only the downward break of 117.20 would cancel the bullish scenario.
Support & Resistances :
117.94 118.82
117.39 119.70
116.52 120.24
http://dl.dropbox.com/u/51561036/scr...123-221428.jpg
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I think that this is a good opportunity to get in long position because of the black trendline decree below in the 30M time frame with take profit at 118.79.
http://i.imgur.com/wn5jJXg.png
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I think that the 50.0 level of fibonacci ratios at 117.34 will make the price rise, that's why we can get in long position with take profit at 118.84
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There is a strong resistance level at 121.52 in the monthly chart, and the price failed in breaking it, that's why we can get in short position with take profit at 110.70.
http://i.imgur.com/IHsJovO.png
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Daily Forecast
Pair: USDJPY
Major Trend: Bearish
Time Frame: Daily
Reason: This morning market movement has managed to close the gap do area 117.74, which is also the area is the area of the weekly pivot point. Predicted prices could still go down
Recommendation: Sell now
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To day support and resistance date.26/1/2015
Resistance 1:118.30
Resistance 2:118.65
Resistance 3:119.00
Power pivot:118.00
Support 1:117.65
Support 2:117.40
Support 3:117.00
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.
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USDJPY Analysis & Signals 26/01/15
Order SELL BELOW
SELL LIMIT
Sell at 117.75
Take Profit at 117.12
Stop Loss at 118.00
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I think that the resistance level at 118.30 will make the price fall down, that's why we can get in short position with take profit at 117.73.
http://i.imgur.com/8PBeZfr.png