usd/jpy

10/10/2014
USD/JPY: The Bearish Confirmation Pattern on the USD/JP is still intact. The price is now trading below the supply level at 108.00, going towards the demand level at 107.50. That is the next target for the bears.

bhai jan Ma ye thread USD/JPY ki discussion ke liye open kr raha hon aap log iss pair ke bare ma apni trade discuss kar sakte hain so Welcome to all members for live discussion of this pair.

In USD / JPY noticeably clearer converging triangle formation, which is the lower boundary (horizontal support 97.70) and now is checking the course, it is obvious about a full stop to decrease + the two begun to display a slight boost, and it is likely to extend, the aim could effortlessly be the upper limit of the triangle (point of tangency) 98.60

A down channel is now drawn on the USDJPY and the price is suggested to keep going downward on the short term Also you can see the price hits the down edge of donchain channel which may be a signal for heading north If you checked Awesome oscillator it shows a red bar below the level of 0 to indicate a sell signal at the current time Also the stostatic is showing a bearish singal by having a sell cross and the lines near the level of 20 I gess according to this data buying can be a winning bet and you can target the high level of donchain channel but waiting a confirmation from the awesome oscillator can increase the chance for winning buy trades

The momentum indicator shows a clear cross on the USDJPY chart when the blue line heads below the red line to construct a very good selling signal for now On the Oracle Strength indicator a red color is shown and it is an indication for the bearish direction for the USDJPY pair.
The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
As a result of the previous indicators the Bearish trend would be appeared as the sell cross of the momentum indicator appears on the chart and the sell trades advised to be taken as the ATR indicator still showing a sell signals.
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According to the analysis made upon the USDJPY chart today I do notice that a strong bearish trend is taking place based on the oscillator which is now at 0.186 area located below the balance level while at the same time the indicator is giving us a red signal which makes a strong indication that a bearish direction is taking place on the short term. The moving average 5 on the chart giving us a down slope the top located at the price 107.38 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.

The momentum indicator shows a clear cross on the USDJPY chart when the blue line heads above the red line to construct a very good buying signal for now On the Oracle Strength indicator a yellow color is shown and it is an indication for the bullish direction for the USDJPY pair.
The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
As a result of the previous indicators the Bearish trend would be appeared as the buy cross of the momentum indicator appears on the chart and the buy trades advised to be taken as the ATR indicator still showing a buy signals.
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the pair broke fibo 23 to up way

stochastic refers to up way also

so the target is buy the pair to fibo 50

if the pair broke fibo 23 to down way we will cancel the up view

A down channel is now drawn on the USDJPY and the price is suggested to keep going downward on the short term Also you can see the price hits the down edge of donchain channel which may be a signal for heading north If you checked Awesome oscillator it shows a green bar below the level of 0 to indicate a buy signal at the current time Also the stostatic is showing a bearish singal by having a sell cross and the lines near the level of 80 I gess according to this data buying can be a winning bet and you can target the high level of donchain channel but waiting a confirmation from the awesome oscillator can increase the chance for winning buy trades

According to the analysis made upon the USDJPY chart today I do notice that a strong bearish trend is taking place based on the oscillator which is now at 0.154 area located below the balance level while at the same time the indicator is giving us a red signal which makes a strong indication that a bearish direction is taking place on the short term. The moving average 5 on the chart giving us a down slope the top located at the price 107.19 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.

A down channel is now drawn on the USDJPY and the price is suggested to keep going downward on the short term Also you can see the price hits the up edge of donchain channel which may be a signal for heading south If you checked Awesome oscillator it shows a green bar below the level of 0 to indicate a buy signal at the current time Also the stostatic is showing a bullish singal by having a buy cross and the lines near the level of 80 I gess according to this data selling can be a winning bet and you can target the low level of donchain channel but waiting a confirmation from the awesome oscillator can increase the chance for winning sell trades