Thread: Usd/Jpy
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The pair managed to break through the sliding alligator today, the course was able to break through sloping trend line but as we see growth remains limited horizontal resistance 97.20 (Zone 2 upper fractals) - a break of this level will become definitive buy signal, with the figure of the targets will be 98.00 and 98.20, the South yet do not see.
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From a pair of forward development of the southern script, as we see a couple came close to the oblique line of the trend, which has several times been observed south of the script (the point of tangency 97.15) - about the level of the pair is completely stopped the growth of the north and began to consolidate (a sign that appeared seller) , will be the first to think week low 96.60.
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Data Tipe = Pivot Point
Pair= USDJPY
Time Frame = Dayly / 2013.10.08
Resistance 3 = 97.80
Resistance 2 = 97.57
Resistance 1 = 97.13
Pivot Point = 96.90
Support 1 = 96.46
Support 2 = 96.23
Support 3 = 95.79
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement.
I am not responsible for any errors that occur because the only information from the previous calculation
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.
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.
USD/JPY (a 4-hour chart)
8 October 2013
Trading recommendations:
The 97.00 level of support appears has been an insurmountable obstacle for three days. Another retest level that is happening now can be accompanied by a good bounce up to the resistance level 97.60. And if at around 97.60 the upward trend does not stop, we may expect its approach to the descending trend line or resistance level 98.00.
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Yes, This is also nice trading pair for trading. I like only two trading pairs. USD/JPY, and EUR/USD.
This pairs is very nice and profitable trading pairs.
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.
Yesterday the pair drew a new low, and now the price to be around very decent local resistance level, it is seen that the trend is very clearly follows the line down, and when you stop to think a few candles should start selling, stop and trade can be seen clearly in the direction of the trend, which is also not least ...
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the H1 time frame at 07:49 market watch is charts on currency pairs usd/jpy is showing that
yesterday high at 97.32 and yesterday low at 96.66
such as the support resistance on
R3 = 97.78
R2 = 97.55
R1 = 97.12
Pivots = 96.89
S1 = 96.46
S2 = 96.23
S3 = 95.8
and signal ADX is TREND UP and signal RSI is OVERBOUGHT with today's market position is at point 97.06
then I strongly recomended you to the open position SELL
consideration for stop loss at 97.33 and take profit at 96.79 Good luck all
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.
Once in the prediction of several indicators for the technical analysis of currency pairs EURAUD on the market today are at the 1.4412 pivot then I recommend you to do the open position SELL with some criteria such as the following
You put a take profit at 1.427 positions. You put a stop loss at 1.433 positions
that's indicator Bollinger Bands is TREND UP and signal Parabollic SAR is TREND UP then Support and resistance at
Pivots = 96.88
R1 = 97.11
R2 = 97.54
R3 = 97.77
S1 = 96.45
S2 = 96.22
S3 = 95.79
For long-term targets remain BUY with a target of 60 pips profit
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.
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