Usd/Jpy

[ardam]

Pair : USDJPY
Updated : Fri, May 03 12:31
Price : 97.98
Movement : 5.9 Pips
Movement : 0.06%

Support : 96.49
Pivot : 97.80
Resistance : 99.10

[gendengFX]

USD/JPY technical analysis for 03.05.2013 by using : Indicator RSI (14)

If this currency pair made ​​it through resistance at 98.46 would likely potential targets towards next resistance level of 98.77 and 99.19 furthest ranges - 99.75. And if otherwise made ​​it through support at 97.77 would likely potential targets towards next support at 97.54 level and the furthest range of 97.34 - 96.69.

Indicator RSI (14), leads to the top of the line indicates the direction of the potential to rise.

Movement range:
Short: 97.70 - 98.50
Normal: 97.30 - 99.25
Width: 96.65 - 99.80

Market Trends:
Short-Term: Consolidation
Medium Term: Bullish
Long-Term: Bearish

[beamsteam]

Yes i agredd with you that when history if falling down only.some 20 years back,price was more then 300,arround 10 years back price was arrounf 150 and now 80,maybe after 5 years price goes to 50

[kalvani]

Our preference: Long @ 97.95 with targets @ 98.2 & 98.5 in extension.

Alternative scenario: Below 97.65 look for further downside with 97.3 & 96.95 as targets.

Comment: the RSI is above its neutrality area of 50 and lacks downward momentum.

[Theresia]

upward movement is appearing when both of Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators are similar and reach postive value as indication this pair in uptrend mode, so pair will move up to above 97.99, then stochastic line fast and slow is still not crossing each other near neutral level 50 as neutral movement is still in progress

[fron]

USDJPY continues its sideways movement in a range between 95.83 and 99.94. As long as 95.83 support holds, the price action in the range is treated as consolidation of the uptrend from 77.14 (Sep 13, 2012 low), one more rise towards 105.00 could be expected after consolidation, and a break above 99.94 could signal resumption of the uptrend. On the downside, a breakdown below 95.83 support will indicate that the uptrend from 77.14 had completed at 99.94 already, then pullback to 90.00 area could be seen to follow.

[mamana]

USDJPY,H1
Date 2013.05.03
Time 04:00

Open 98.01
High 98.01
Low 97.99
Close 98.00
Volume 20
SMA(5) 97.97
SMA(10) 97.98
SMA(20) 97.77
SMA(50) 97.50
SMA(100) 97.61
SAR 97.33

Indicator window 1
Stoch(5,3,3) 65.1163
Signal 57.3393

Indicator window 2
RSI(14) 61.7865

Indicator window 3
MACD(12,26,9) 0.159
Signal 0.170

Indicator window 4
%R(14) -38.3838

based on combination of indicators above,
trend : NEUTRAL

[mitali277]

Usd/jpy pivot levels by using fibonacci pivot indicator.

r3:98.04
r2:97.78
r1:97.62

pivot :97.37

s1:97.11
s2:96.95
s3:96.70

[ihab]

USD/JPY jumps towards 98.00
the dollar manged to advance versus the yen and reached a 2 day high
underpinned by the sharp rise seen in EUR/JPY

[kalvani]

Our preference: Long positions above 96.95 with targets @ 98.2 & 98.5 in extension.

Alternative scenario: Below 96.95 look for further downside with 96.55 & 96.1 as targets.

Comment: the pair has broken above its resistance and should post further advance as the RSI is well directed.