Forex − Chart USD/JPY Update: Even today, centred on 84.50~
Thursday, September 2, 2010
, Posted by Usman Ali Minhas at 8:30 AM
Published at 14:14 (GMT) 02 Sep
03 Sep USD/JPY Daily
14:55 - THE USD's remains tightly held, covering the 84/ 84.50 area for a 3rd session, with today setting up as an inside day. M/t trend is weak : still capped above 85.00 (this week) and with the rejection at the low last week already covered (ie. weakened)this week. But s/t, 84.60 is pivotal and the USD is bullish above it, for rally to 85.65 at least. [NR]
14:55 - THE USD's remains tightly held, covering the 84/ 84.50 area for a 3rd session, with today setting up as an inside day. M/t trend is weak : still capped above 85.00 (this week) and with the rejection at the low last week already covered (ie. weakened)this week. But s/t, 84.60 is pivotal and the USD is bullish above it, for rally to 85.65 at least. [NR]
R5: 86.25 * 16-Jul low
R4: 85.90 30-Aug high
R3: 85.75~ * fr 3-Aug high volume
R2: 84.85 19-Aug low
R1: 84.60 fr 24-Aug pivot
S1: 83.70~ * Apr-May-95 pivot
S2: 83.65 1-Sep low
S3: 83.65 * fr 25-Apr-95 high volm
S4: 83.55 24-Aug low
S5: 83.40 * fr 20-Apr-95 high volm
R4: 85.90 30-Aug high
R3: 85.75~ * fr 3-Aug high volume
R2: 84.85 19-Aug low
R1: 84.60 fr 24-Aug pivot
S1: 83.70~ * Apr-May-95 pivot
S2: 83.65 1-Sep low
S3: 83.65 * fr 25-Apr-95 high volm
S4: 83.55 24-Aug low
S5: 83.40 * fr 20-Apr-95 high volm
