-
The results of the pivot point calculations based on daily time frame prediction and analysis of price movements
Pair = USDJPY
Friday, February 20, 2015
High = 119.17
Low = 118.43
Close = 118.93
Pivot Point Result
R3 = 120.00
R2 = 119.58
R1 = 119.26
PP = 118.84
S1 = 118.52
S2 = 118.10
S3 = 117.78
analysis of price movements
If Buy Limit at = 118.61
TP = 119.17
SL = 118.19
IF Buy Stop at = 119.02
TP = 119.67
SL = 118.43
If Sell Limit at = 119.17
TP = 118.61
SL = 119.49
IF Sell Stop at = 118.43
TP = 118.01
SL = 118.75
Trend = Neutral
-
analysis for today 2 / 20 / 2015
USDJPY
Resistance : R1 119.54 R2 119.79 R3 119.99 R4 120.29
Support : S1 118.35 S2 118.10 S3 117.90 S4 117.60
Open : 118.95
High : 119.10
Low : 118.79
Range : .31 Pips
Running Price : 118.85
Strategy : SELL at the level 118.85 stop loss at the level 119.54 target take profit at the level 117.90 or at the level 117.60
-
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 118.41; (P) 118.91; (R1) 119.28
4H
Outlook in USD/JPY is unchanged. The pair is still bounded in consolidation from 121.84. On the upside, break of 121.82 is needed to confirm larger up trend resumption. On the downside, below 118.22 will bring deeper fall to 116.86 and below. But further decline attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.
---------- Post added at 09:58 AM ---------- Previous post was at 09:47 AM ----------
D1
In the bigger picture, whole medium term up trend from 75.56 is still in progress and should target a test on 124.13 resistance next. Break there would pave the way to 135.20/147.68 key resistance zone. On the downside, break of 110.08 resistance turned support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.
---------- Post added at 10:05 AM ---------- Previous post was at 09:58 AM ----------
USD JPY around the moving average – Analysis - 20/02/2015
The USDJPY pair bounced bullishly after testing the key support 118.40, to fluctuate around the EMA50, and we are waiting to get enough positive momentum to support resuming the main bullish wave, which mainly depends on holding above 118.40 and 117.90 levels.
Our main targets begin at 120.45 and extend to 121.80, taking into consideration that breaking the above mentioned levels will push the price to return to the bearish correctional track again.
Expected trading range for today is between 117.90 support and 120.00 resistance.
Expected trend for today: Bullish
---------- Post added at 11:24 AM ---------- Previous post was at 10:05 AM ----------
USD/JPY Daily Outlook
Daily Pivots: (S1) 118.52; (P) 118.84; (R1) 119.26
4H
Outlook in USD/JPY is unchanged. The pair is still bounded in consolidation from 121.84. On the upside, break of 121.82 is needed to confirm larger up trend resumption. On the downside, below 118.22 will bring deeper fall to 116.86 and below. But further decline attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.
---------- Post added at 11:27 AM ---------- Previous post was at 11:24 AM ----------
D1
In the bigger picture, whole medium term up trend from 75.56 is still in progress and should target a test on 124.13 resistance next. Break there would pave the way to 135.20/147.68 key resistance zone. On the downside, break of 110.08 resistance turned support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.
-
Basic levels of the USD/JPY:
120.00: medium-sale offers.
119.60: Fibonacci retracement level accounted for 61. *% Of the movement descending from 120.48 to 118.18.
119.50: medium-sale offers.
119.42: the highest level for the pair on February 18.
118.59: the lowest level for the pair throughout the day.
118.55 / 50: Purchase requests medium.
118.44 / 43: the lowest level of the husband on Feb. 19, the moving average to close to 21 days.
118.18 / 16: the lowest level for the pair on February 16, Fibonacci retracement level of 50% of the ascending movement from 115.85 to 120.48.
118.00: Sentry purchase requests.
117.62: Fibonacci retracement level of 61.8% of the ascending movement from 115.85 to 120.48.
-
USDJPY Analysis & Signals 20/02/15
Order BUY ABOVE
BUY LIMIT
Buy at 118.00
Take Profit at 118.55
Stop Loss at 117.77
-
pair- usd/jpy
time frame to analysis- m30
http://i58.tinypic.com/2mywznd.jpg
the up movement of the price is not able to break the resistance trend line and its again down trend side. now the price is having up trend with the parabolic sar and macd indicator. long at the 118.90 level with stop loss at 118.50
good luck
-
Daily Forecast
Pair: USDJPY
Major Trend: Bullish
Time Frame: H1
Reason: There is a surge in bullish pattern. Market has been a correction in 118.68, the possibility of the market will lead to 119.15, towards the close of the market.
Recommendation: Buy
-
USD JPY around the moving average – Analysis - 20/02/2015
The USDJPY pair bounced bullishly after testing the key support 118.40, to fluctuate around the EMA50, and we are waiting to get enough positive momentum to support resuming the main bullish wave, which mainly depends on holding above 118.40 and 117.90 levels.
Our main targets begin at 120.45 and extend to 121.80, taking into consideration that breaking the above mentioned levels will push the price to return to the bearish correctional track again.
Expected trading range for today is between 117.90 support and 120.00 resistance.
Expected trend for today: Bullish
---------- Post added at 08:27 PM ---------- Previous post was at 07:44 PM ----------
- USD/JPY has come under steady downside pressure over the past week
- The lack of volume during the recent push higher raises concerns that consolidation is not yet finished
- The persistent decline in daily OBV over past few weeks is also a warning sign that a deeper decline may be unfolding
- A close under 116.35 on above average volume would turn us negative on the exchange rate
---------- Post added at 08:48 PM ---------- Previous post was at 08:27 PM ----------
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 118.52; (P) 118.84; (R1) 119.26
4H
Outlook in USD/JPY is unchanged. The pair is still bounded in consolidation from 121.84. On the upside, break of 121.82 is needed to confirm larger up trend resumption. On the downside, below 118.22 will bring deeper fall to 116.86 and below. But further decline attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47.
D1
In the bigger picture, whole medium term up trend from 75.56 is still in progress and should target a test on 124.13 resistance next. Break there would pave the way to 135.20/147.68 key resistance zone. On the downside, break of 110.08 resistance turned support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.
---------- Post added 02-21-2015 at 05:57 PM ---------- Previous post was 02-20-2015 at 08:48 PM ----------
USD/JPY Weekly Outlook
D1
USD/JPY stayed in the consolidation pattern from 121.84 last week. Initial bias stays neutral this week first. On the downside, below 118.22 will bring deeper fall to 116.86 and below. But further decline attempt should be contained by 38.2% retracement of 105.19 to 121.84 at 115.47. On the upside, break of 121.82 is needed to confirm larger up trend resumption.
---------- Post added at 06:16 PM ---------- Previous post was at 05:57 PM ----------
Weekly
In the bigger picture, whole medium term up trend from 75.56 is still in progress and should target a test on 124.13 resistance next. Break there would pave the way to 135.20/147.68 key resistance zone. On the downside, break of 110.08 resistance turned support is needed to confirm medium term topping, or outlook will stay bullish even in case of deep pull back.
---------- Post added at 06:57 PM ---------- Previous post was at 06:16 PM ----------
Monthly
In the long term picture, the strong impulsive look of the rally from 75.56 suggests that USD/JPY is now in a long term up trend. While momentum is still strong, the overbought condition as seen in monthly chart might start to limit upside momentum above 124.13 resistance.
-
I think that we should wait until the price break the support level at 118.20, then we get in short position with take profit at 115.72.
http://i.imgur.com/VYHcHl6.png
-
analysis for today 2 / 23 / 2015
USDJPY
Resistance : R1 119.76 R2 120.01 R3 120.21 R4 120.51
Support : S1 118.42 S2 118.17 S3 117.97 S4 117.67
Open : 119.11
High : 119.17
Low : 119.01
Range : .16 Pips
Running Price : 119.09
Strategy : BUY at the level 119.09 stop loss at the level 118.42 target take profit at the level 120.21 or at the level 120.51