Thread: Usd/Jpy
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the pair hold at 101.40/42 after US durable goods
the pair has been spared another heavy plunge today
however the pair still finds itself enterched in negative territory during US data
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USD/JPY intraday: under pressure.
Pivot: 102
Our preference: Short positions below 102 with targets @ 101.05 & 100.8 in extension.
Alternative scenario: Above 102 look for further upside with 102.35 & 102.65 as targets.
Comment: the pair has struck against its resistance and remains under pressure.
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the pair will go down buy fibo
I see the pair will go to down way to 100.26
so our target sell from 101.26 and our target will 100pips
Good luck
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USD/JPY : Under strong pressure bears.
is the pivot point is located at 102.
- opinion: SELL below 102 with target points 101.05 and 100.8.
An alternative scenario: an upside breakout level 102 will open the way to 102.35 and 102.65.
Analysis : the RSI negatively directed occurs testing the signal stochastic on the sale of the daily chart.
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Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 100.98
I expect from this analyze that the price will go to down way
RSI refer to the pair will go to down also...
so sell from 101.52 to 100.98
good luck
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analysis for the USDJPY currency pair after a bearish day yesterday, I recommend you to put a buy stop order at 102.13 for weekly pivot area is still in a state of strong bullish, if the price is indeed forced to move bearish again, I can put a buy limit at price 100.22
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USD/JPY Technical analysis for 24.05.2013 by using : Indicator RSI (14)
If this currency pair made it through resistance at 102.62 level will likely potential targets towards next resistance levels of 102.72 and 103.03 furthest ranges - 103.56. And if otherwise made it through support at 101.82 would likely potential targets towards next support level at 101.46 and 101.25 furthest range - 100.69.
Indicator RSI (14), leads to the top of the line indicates the direction of the potential to rise.
Movement range:
Short: 101.75 - 102.65
Normal: 101.20 - 103.10
Width: 100.65 - 103.60
Market Trends:
Short-Term: Consolidation
Medium Term: Bullish
Long-Term: Bearish
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According to USD / JPY slowly starting to gain purchase as 4-hour chart is clearly visible retreat from the medium-term support level slope, the pair clearly feels this level and below that the course is not allowed, still remains high probability of renewal of the northern trend and exit to 103.70.
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