Nice bulls. the price on this 4H TF was break up to that resistance line 81.58. So, of course this still probably to nice up again and good to be take new buy as long as then price still can move above that resistance 81.58
Nice bulls. the price on this 4H TF was break up to that resistance line 81.58. So, of course this still probably to nice up again and good to be take new buy as long as then price still can move above that resistance 81.58
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Support: 80.90
Pivot: 81.52
Resistance: 82.14
trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy
Technical Analysis for USDJPY 100% Buy
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Usd/jpy technical analysis for 21.11.2012 by using : Auto pivot indicator.
resistance 3:82.57
resistance 2:82.17
resistance 1:81.92
pivot point :81.52
support 1:81.28
support 2:80.88
support 3:80.63
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usd/jpy technical analysis by using : average directional movement index
adx : 49.0402
+di : 31.2940
-di : 4.5952
timeframe : 1 hour
time : 0400
date : 21.11.2012
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USD / JPY pair is very buy price rushing on top with virtually no setbacks ... in my opinion is very dangerous to fly ... the slightest breakdown can begin the activation supports multiple stops ... and the price will go to the same scale in the opposite direction .. ..
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USDJPY trading range between 80.50 and 81.58 is likely to be seen over the next few days. As long as 80.50 support to survive, the increase could be expected after consolidation, and a break above 81.58 could signal resumption of uptrend from 79.07.
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INTRADAY TRADING SIGNAL
USDJPY M30
I expect the price will go up to the take profit level at 81.6947. Reason to this is simply because there's an upward breakout from the resistance level at 81.4510.
As always, I'll recommend you to use trailing to secure your positive pips!![]()
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this pair - till now still play it's bearish. With the big trend (on this 4H TF) - of course search for nice sell OP again here still better as long as the buyer can not up bulls more that so strong supply zone area (81.70)
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The pair has risen to the Resistance 81.399. If the pair breaks this level the pair will rise to 82.219.
Resistance: 81.399, 82.219, 83.065
Support: 80.438, 79.707, 79.070
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Scenario for today
Elliott: elongated flat correction up 81.66
Currently uptrend should end around 81.53 - 81.64 area. A correction down to below 81.14 is expected. A rise above 81.86 will abort the expected correction.
Technical points
Key point 81.7600
Entry point 81.4900
Elliott 79.0800
Closing 81.4100
Projection 81.6600
Trendline 81.3100
Trendline 81.6600
Supports / Resistances
Res 2 81.8600
Ex-High 81.5900
Res 1 81.6400
Pivot 81.3600
Sup 1 81.1400
Ex-Low 81.0900
Sup 2 80.8600
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