usd/jpy

According to the analysis made upon the USDJPY chart today I do notice that a week bullish trend is taking place based on the oscillator which is now at 0.1 area located above the balance level while at the same time the indicator is giving us a blue signal which makes a week indication that a bullish direction is taking place on the short term. The moving average 5 on the chart giving us a UP slope the bottom located at the price 107.1 could be considered a good stop loss for if there were buy orders indicated by the indicators we are using.

A up channel is now drawn on the USDJPY and the price is suggested to keep going upward 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 bullish singal by having a buy 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

A up channel is now drawn on the USDJPY and the price is suggested to keep going upward 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 above 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

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 blue color is shown and it is an indication for the bullish direction for the USDJPY pair.
The blue color of the arrows can be a confirmation for the upward 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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October 17, 2014
USD/JPY: This currency trading instrument is essentially bearish in outlook. Therefore the current upward bounce in the market is simply an opportunity to sell short again. The price may thus reach the reach the demand level at 105.50 again.

A up channel is now drawn on the USDJPY and the price is suggested to keep going upward 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 above 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 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

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 blue color is shown and it is an indication for the bullish direction for the USDJPY pair.
The blue color of the arrows can be a confirmation for the upward 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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According to the analysis made upon the USDJPY chart today I do notice that a week bullish trend is taking place based on the oscillator which is now at 0.246 area located above the balance level while at the same time the indicator is giving us a blue signal which makes a week indication that a bullish direction is taking place on the short term. The moving average 5 on the chart giving us a UP slope the bottom located at the price 107.01 could be considered a good stop loss for if there were buy orders indicated by the indicators we are using.