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Daily USD/JPY Analysis

alfonso
user 63588242
London, GB
Post #: 167
2012-12-11 07:10 GMT

USDJPY
HIGH: 82.437 | LOW: 82.305 | BID: 82.310 | ASK: 82.315 | CHANGE: -0.06% | TIME: 08:05:08

OUTLOOK SUMMARY: Sideway
TREND CONDITION: Sideway
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: Low

USD/JPY trades in non-directional basis on the medium term perspective. Further price decrease is expected below the next support level at 82.28 (S1). Break here is required to enable next targets at 82.20 (S2) and 82.14 (S3).

Resistance Levels: 82.44, 82.50, 82.56
Support Levels: 82.28, 82.20, 82.14


Source: FX Central Clearing Ltd, (FXCC ECN Forex Trading Blog | Learn Forex Training Tips | Best Forex Broker Demo Account)
alfonso
user 63588242
London, GB
Post #: 171
2012-12-13 07:15 GMT

USDJPY
HIGH: 83.671 | LOW: 83.127 | BID: 83.638 | ASK: 83.642 | CHANGE: 0.44% | TIME: 08:14:54

OUTLOOK SUMMARY: Up
TREND CONDITION: Upward penetration
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Medium

Next on tap, resistance level at 83.82 (R1). A break higher could open the door for an attack to next target at 83.92 (R2) and final immediate resistance is seen at 84.08 (R3).

Resistance Levels: 83.82, 83.92, 84.08
Support Levels: 83.16, 83.00, 82.83


Source: FX Central Clearing Ltd, (FXCC Learn Forex Training Tips | Best Forex Broker Demo Account | ECN Forex Trading Blog)
alfonso
user 63588242
London, GB
Post #: 175
TECHNICAL ANALYSIS

2012-12-14 07:00 GMT

USDJPY
HIGH: 83.961 | LOW: 83.6 | BID: 83.894 | ASK: 83.897 | CHANGE: 0.3% | TIME: 08:09:39

OUTLOOK SUMMARY: Up
TREND CONDITION: Upward penetration
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: High

While instrument trades below the resistance level at 83.97 (R1), market would try to form correction. Break above it is required to attack the upside target at 84.10 (R2) and 84.22 (R3) in potential.

Resistance Levels: 83.97, 84.10, 84.22
Support Levels: 83.62, 83.51, 83.41
______________________________________­____________________________________

Source: FX Central Clearing Ltd, (FXCC Best Forex Broker Demo Account | ECN Forex Trading Blog | Learn Forex Training Tips)
alfonso
user 63588242
London, GB
Post #: 180
2012-12-16 23:06 GMT

USDJPY
HIGH: 84.318 | LOW: 83.854 | BID: 83.974 | ASK: 83.979 | CHANGE: 0.57% | TIME: 09:29:58

OUTLOOK SUMMARY: Up
TREND CONDITION: Upward penetration
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Low

Upwards scenario: A violation of next resistance at 84.34 (R1) might call for a run towards to next target at 84.53 (R2) and any further appreciation would then be targeting 84.72 (R3). Downwards scenario: Near-term risks are directed to a drop back to the consolidation formation below the support at 83.77 (S1). In such case our intraday expected targets would be 83.61 (S2) and 83.45 (S3).

Resistance Levels: 83.34, 84.53, 84.72
Support Levels: 83.77, 83.61, 83.45


Source: FX Central Clearing Ltd, (FXCC Learn Forex Training Tips | ECN Forex Trading Blog | Best Forex Broker Demo Account)
alfonso
user 63588242
London, GB
Post #: 184
2012-12-17 16:40 GMT

TECHNICAL ANALYSIS

USDJPY
HIGH: 84.077 | LOW: 83.828 | BID: 84.020 | ASK: 84.025 | CHANGE: 0.16% | TIME: 07:59:46


OUTLOOK SUMMARY: Up
TREND CONDITION: Upward penetration
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Medium

Upwards scenario: Medium term bias is positive for the pair. Risk of market appreciation is seen above the next resistance level at 84.09 (R1). Loss here would suggest next target at 84.24 (R2) and any further rise would then be targeting 84.39 (R3). Downwards scenario: On the short –term perspective we expect market decline. A Bearish signal would be created if the currency dropped below the next support level at 83.85 (S1). We suggest next targets in such scenario at 83.71 (S2) and 83.56 (S3).

Resistance Levels: 84.09, 84.24, 84.39
Support Levels: 83.85, 83.71, 83.56

Source: FX Central Clearing Ltd, (FXCC Best Forex Broker Demo Account | Learn Forex Training Tips | ECN Forex Trading Blog)
alfonso
user 63588242
London, GB
Post #: 188
2012-12-18 23:04 GMT

USDJPY
HIGH: 84.43 | LOW: 84.164 | BID: 84.344 | ASK: 84.349 | CHANGE: 0.16% | TIME: 08:22:00

OUTLOOK SUMMARY: Up
TREND CONDITION: Upward penetration
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Medium

Upwards scenario: Upside risk aversion is seen above the resistance at 84.44 (R1). Any violation of that level would be considered as signal of possible uptrend formation towards to our targets at 84.55 (R2) and 84.66 (R3). Downwards scenario: Next immediate support locates at 84.21 (S1). Break here is required to enable bearish pressure towards to our targets at 84.10 (S2) and 83.98 (S3).

Resistance Levels: 84.44, 84.55, 84.66
Support Levels: 84.21, 84.10, 83.98


Source: FX Central Clearing Ltd, (FXCC ECN Forex Trading Blog | Learn Forex Training Tips | Best Forex Broker Demo Account)
alfonso
user 63588242
London, GB
Post #: 192
2012-12-19 16:06 GMT

USDJPY
HIGH: 84.384 | LOW: 83.859 | BID: 83.983 | ASK: 83.986 | CHANGE: -0.49% | TIME: 08:13:00

OUTLOOK SUMMARY: Down
TREND CONDITION: Downward penetration
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: Medium

Upwards scenario: Our next resistance level is placed at 84.23 (R1), break above it might extend gains towards to next targets at 84.34 (R2) and 84.47 (R3) in potential. Downwards scenario: Instrument has settled negative bias on the hourly timeframe and we expect gradual decline towards to our support levels. Next attractive support level locates at 83.84 (S1). Break here is required to put in focus lower target at 83.72 (S2) and 83.59 (S3).

Resistance Levels: 84.23, 84.34, 84.47
Support Levels: 83.84, 83.72, 83.59

Source: FX Central Clearing Ltd, (FXCC ECN Forex Trading Blog | Best Forex Broker Demo Account | Learn Forex Training Tips)
alfonso
user 63588242
London, GB
Post #: 196
2012-12-24 07:15 GMT

TECHNICAL ANALYSIS

USDJPY
HIGH: 84.494 | LOW: 84.322 | BID: 84.360 | ASK: 84.366 | CHANGE: 0.14% | TIME: 08:04:51

OUTLOOK SUMMARY: Up
TREND CONDITION: Up trend
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Low

Upwards scenario: On the bigger picture trend still is pointing up. Targets at 84.57 (R2) and 84.69 (R3) might be attractive for the uptrend penetration if the price manages to break our next resistance level at 84.45 (R1). Downwards scenario: In regard to the descending movement, opportunities for bearish oriented traders are seen below the support level at 84.10 (S1). Loss here would enable next supports at 84.00 (S2) and 83.88 (S3).

Resistance Levels: 84.45, 84.57, 84.69
Support Levels: 84.10, 84.00, 83.88


Source: FX Central Clearing Ltd, (FXCC Learn Forex Training Tips | Best Forex Broker Demo Account | ECN Forex Trading Blog)
alfonso
user 63588242
London, GB
Post #: 200
2012-12-26 07:10 GMT

USDJPY
HIGH: 84.865 | LOW: 84.322 | BID: 84.785 | ASK: 84.793 | CHANGE: 0% | TIME: 08:23:48

OUTLOOK SUMMARY: Up
TREND CONDITION: Upward penetration
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Low

Upwards scenario: The short- term tendency is bullish as both moving averages are pointing up. Next resistance level is seen at 84.89 (R1), clearance here would open way for strengthening towards to next targets at 85.15 (R2) and 85.36 (R3). Downwards scenario: Retracement development is limited to the next support level at 84.61 (S1). Clearance here would open road towards to possible targets, located at 84.45 (S2) and 84.33 (S3).

Resistance Levels: 84.89, 85.15, 85.36
Support Levels: 84.61, 84.45, 84.33


Source: FX Central Clearing Ltd, ()
alfonso
user 63588242
London, GB
Post #: 204
2012-12-24 09:54 GMT

USDJPY
HIGH: 85.87 | LOW: 85.476 | BID: 85.784 | ASK: 85.788 | CHANGE: 0.21% | TIME: 08:00:25

OUTLOOK SUMMARY: Up
TREND CONDITION: Up trend
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: Medium

Upwards scenario: On USDJPY market remains to be traded in uptrend formation. Upside direction is limited today to next resistance level 85.93 (R1), break here would enable higher targets at 86.10 (R2) and 86.28 (R3) in potential. Downwards scenario: Important support level locates at 85.61 (S1). Successful retest here would open route towards to next target at 85.44 (S2) and any further decline would then be limited to final support at 85.25 (S3).

Resistance Levels: 85.93, 86.10, 86.28
Support Levels: 85.61, 85.44, 85.25


Source: FX Central Clearing Ltd, (FXCC Learn Forex Training Tips | ECN Forex Trading Blog | Best Forex Broker Demo Account)
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