Thread: Usd/Jpy
19.07.2013 22:09 GMT+1 - USD/JPY intraday: intraday support around 99.9.Originally Posted by Anytime
Pivot: 99.9
Our preference: Long positions above 99.9 with targets @ 100.85 & 101.25 in extension.
Alternative scenario: Below 99.9 look for further downside with 99.2 & 98.9 as targets.
Comment: technically, the RSI is above its neutrality area at 50.
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hi;
we can see in the weekly chart
the pair will go down to fibo 38.2
I see the pair will go to down way to 92.93
macd refers that the pair will go down
so our target sell from 100.25 and our target will 722pips
Good luck
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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.
how are you
we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 102.61
stochastic refers that the pair will go up
so our target buy from 100.61 and our target will 200pips
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The pair last week analysis of this pair are showing the pair on good bullish condition. the pair are making about 125 pips rise on the last week and closed at 100.42 above the pivot level at 100.15. The bullish may continue for the next week if the price are still traded above the pivot level.
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Friends USDJPY also Support FIb 61% Level and Retest now its move to 100%
Bullish Pin Bar setup
intial target is 101.5 then 102.50 and 103.5
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According to my analysis for this month USD will continue to strengthen against the JPY.To get the advantage, we must remain buy order.And maybe the dollar will continue to strengthen in the coming months.
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USDJPY (4 HR CHART)
BULLISH EXPECTATIONS:::
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elliott crucial revrsal point 102.68 it should trade higher to above 102.01 whiile 96.49 - 95.08 offers support stop loss below 90.97 zone
support and resistances
res2 104.83
res1 102.01
piovt 97.90
sup1 95.08
sup2 90.97
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we can see in the daily chart
the pair can close up the up trend line
i see the pair will go to up way to 101.61
rsi refers that the pair will go up
so our target buy from 100.61 and our target will 100pips
Good luck
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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