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Report date: 23/07/2014
* All times are displayed in GMT (London time)

Summary

BUY
We look to Buy at 101.40 (stop at 101.20)


Resistance 3 102.25
Resistance 2 102.00
Resistance 1 101.80
Support 1 101.35
Support 2 101.10
Support 3 101.00

Last Update 23/07/2014 - 8:29am

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Analysis

USDJPY - Intraday - We look to Buy at 101.40 (stop at 101.20)

The trend of higher lows is located at 101.35. Bespoke support is located at 101.34. Ichimoku cloud support comes in at 101.38. Expect trading to remain mixed and volatile. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher .
Our profit targets will be 101.80 and 102.00

Resistance: 101.80 / 102.00 / 102.25
Support: 101.35 / 101.10 / 101.00

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Disclaimer: This is a promotional sample of our financial analysis. It is provided so that potential clients can see the detail and formation of the information we provide. It is not a recommendation to buy or sell, nor does it constitute advice and you should not act upon this information. Hypothetical and simulated performance results do not represent actual trading, may not account for actual market factors and have many limitations. You may not achieve similar profits or results. No representation is being made with respect to performance, profits or results.

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