daily overview for Usd-Jpy
r3: 120.59
r2: 120.21
r1: 119.93
s1: 119.27
s2: 118.89
s3: 118.61
the pair broke fibo 38 to up
so our trade for the pair is buy
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daily overview for Usd-Jpy
r3: 120.59
r2: 120.21
r1: 119.93
s1: 119.27
s2: 118.89
s3: 118.61
the pair broke fibo 38 to up
so our trade for the pair is buy
119.75 resistance on the daily frame to prevent the dollar yen pair of ascent towards higher levels still.
Where closed yesterday and down the candle after a failed attempt to penetrate upwards to no avail, also currently
The pair is still trading at exactly the resistance area in an attempt to penetrate, so to see any rise must be for a pair
Penetration of 119.75 and closing candle above the day.
As if it were impenetrable and closing candle on Nilai will be the next target is the falling trend line.
To form a third pivot it almost as moving areas 120.40 resistance, but if I stayed
Trading low of 119.75 will not see any rise was traded back to the downside.
asia session usdjpy
usdjpy price @119.958 and daily open price @119.915 usdjpy near daily open price, i suggest to buy it with low risk and remeber use good money management dont be greedy
*im use this technical only for open reaction in dop [daily open price], i dont guaranted its 100% win, i guaranted if u use good money management
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market has been penetrated Fibonacci at 161.8. The possibility of the market will continue to continue to 261.8 fibo at 120.75
Recommendation: Buy
pair-usd/jpy
time frame analysis- m15
http://i61.tinypic.com/2nbd6kg.jpg
the up movement of the price is making correction from the resistance at 120.10 level and hold fibo support 50 at the price 119.72 level. its again up side but may not able to break resistance 120.10 level and will again down side. short with stop loss at 120.25
good luck
Continue dollar versus the yen to rise ****ually approaching from the triangle resistance that appears in the graph above, which exists now at the 120.50 level, while the level of support at 118.85 exist, and therefore, the price will need to skip one of these levels to determine the next destination, more precisely, which makes us continue to Hyaditna to monitor the price behavior for the levels mentioned.
The discrepancy between the moving average signal 50 and negative stochastic another reason to neutral, noting that the breach of the mentioned resistance will pay the price for the resumption of the main trend upward again, and targets start at 121.83 and extends to 124.00, while the break of support will push the price to test the level of 117.90 initially.
Expected trading range for today is among the 118.85 support and 121.00 resistance range
Trading Signal - 23/04/2015 - 10:00 (GMT +3)
Instrument: USDJPY
Time : 60min CHART
Trend & Condition : Upwards Strong
The market is testing support at 119.70. We are waiting to see reversal signals in order to reinstate LONG positions. Next
important support the 118.90 level.
Support & Resistances :
119.70 119.90
118.90 120.30
118.40 120.50
http://dl.dropbox.com/u/51561036/scr...423-224450.png
Japanese purchasing managers' index for the industrial sector fell to its lowest of the past, as well as expectations.
The index released Thursday morning, down to 49.7 vs. 50.3 previously while the forecast
Quite the opposite to the index up to 50.8, where he received quite the opposite and that is what led to the decline strongly
The yen against the dollar and Batalli continue to climb for a pair.
Technically: - on the daily frame enables the pair on Wednesday to penetrate almost 119.75 resistance.
Where closed Nilai candle Day in reference to the desire to continue to rise, and already candle opened today
Nilai and re-tested and then complete the pair march climb, where I expect that the situation remained closures Candles
Today to 119.75 pair preparer will remain for further climb towards the falling trend line around the 120.45 price
More and a little less to create a third pivot falling trend line.
1st 2nd 2nd resistance medium resistance 1 medium MM 12/26 RSI MACD 120.00 120.34 119.78 119.49 Rise Rise Rise
Despite trade balance equilibrium to the surprise, Japan has not seen a judgment of the currency depreciation (that is also not the purpose of the BoJ, quite the contrary). The medium-term trend seems to have reasserted itself after a consolidation in the form of range.
usdjpy asia session
usdjpy actual price @119.498 and daily open price @119.556.. actual price break daily open price its mean sell signal but wait chart try to make support area so i suggest wait and see dan open buy when daily open price breakout high
*im use this technical only for open reaction in dop [daily open price], i dont guaranted its 100% win, i guaranted if u use good money management