Thread: Usd/Jpy
Yes double top and see that they began to decline because the closing was below 95.60, but there was very strong ren ... personally I expected this track to get to 94.40 the pair will go to the first day of the week .. since the activity traditionally begins with the environment. . so that the first surprise of ... well, if the price quickly back above 94.50 I think the chances north persist ...
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Pair : USDJPY
Updated : Sun, Mar 17 06:38
Price : 95.26
Movement : -84.7 Pips
Movement : -0.88%
Support : 94.35
Pivot : 95.54
Resistance : 96.73
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hi
how are you
we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 94.27
stochastic refers that the pair will go down
so our target sell from 95.27 and our target will 100pips
Good luck
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Usd/jpy correlation with other currency pairs on 03.15.2013
positive correlation :
1)Nzd/jpy- 0.99
2)Aud/jpy- 0.99
negative correlation :
1)Cad/chf- 0.74
2)Eur/sek- 0.62
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hi
how are you
we can see in the m30 chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 95.64
stochastic refers that the pair will go up
so our target buy from 95.48 and our target will 16pips
Good luck
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This pair is risky pair so i am not trade this pair.Maximum time i loss this pair and this pair is high fluctuate so short time big profit or big loss.I suggest if you understand properly this pair trading calculation so trade this pair or avoid this pair.
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USD/JPY
most of people like to trade in this pair .this pair today shows a rate at 96.256,then here this forex pair shows resistance .then it tren is change
now i think todat its trend is still downward ,and now it shows a support level at 95.100.i think this pair well support at level 94.200
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in the m30 time frame the price is break the support at 95.65 and move to lower side. it is making higher momentum candle so it will be falling move. the price is now over sold with stoch and cci but it will be continue in down side. we can hold our short position to the target at 94.50
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Pair : USDJPY
Updated : Fri, Mar 15 20:29
Price : 95.84
Movement : -26.5 Pips
Movement : -0.28%
Support : 95.22
Pivot : 96.12
Resistance : 97.02
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
\||||On the 4 hour chart clearly shows that while the pair from further decline hinders moving blue alligator, Stochastic on the daily chart shows a sell signal, if we take into account the upper fractals formed dropping it can be judged that the bears begin to apply pressure to the pair, and the course now there are about most of their highs, I think will reduce the area of 95.00 figure.||||||
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