Trend: Bearish. Currently, the market has been among the first and second support. Market is expected to turn to a correction at 124.73 though not to the pivot point.
Recommendation: Sell limit at 124.73
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Trend: Bearish. Currently, the market has been among the first and second support. Market is expected to turn to a correction at 124.73 though not to the pivot point.
Recommendation: Sell limit at 124.73
Skip the dollar against the yen at 125.00 pair closed daily candle above it, to get a new base of support reinforce the continued expectations upside in the long intraday and short, and who gets the continued support of the 50 EMA, which is approaching the price of our goal first major, who resides at 125.84.
http://i.imgur.com/Ok3B2aZ.png
Hovering dollar versus the yen around SMA 50 after that managed to stabilize above the level of 124.20, pending skip this moving average, which is resistance at 124.45 to facilitate the resumption of the overall uptrend task, which resides next main objective at 125.84.
http://i.imgur.com/UBj0qvF.png
The expectations of the bullish trend is still effective and, depending on stability above 124.20, with reference to the target level that the breach would extend gains to pair up towards 127.00 next major station.
http://i.imgur.com/PiF3mUX.png
Trend: Bearish. Bollinger bands began to widen, and the market began to penetrate upwards first daily resistance at 124.53. For long-term predictions, the market will move towards 125.04
Recommendation: Buy
Conducted dollar versus the yen re-new test of the level of 124.20 process and maintained its stability above it, which keeps the positive expectations overall list yet, pending the resumption of the bullish trend that targets registered Summit test in advance at 125.84 initially, which represents a break along the price-earnings key to 127.00.
http://i.imgur.com/XxRP2Us.png
USDJPY: growth against the background of falling GDP in Japan
USDJPY
Aug. 17, 2015, 09:26
Buy on a level breakthrough of 124.70 with 125.27 target. Stop loss = 124.20.
Reason for the trading strategy
Japan's GDP totaled -0.4% (q/q) in Q2 2015, with a forecast of -0.5% (q/q). The annualized figure fell by 1.6% against the expected 1.8% decline. Compression of the Japanese economy and the unfolding currency war in Asia may push the BOJ to expand its asset purchases program.
USDJPY, H4
https://www.exness.com/media/media/2015/08/17/1.png
http://i.imgur.com/XxRP2Us.png
Stochastic provides positive signal now wait to stimulate the price to achieve the expected goals, with a reminder of the need stability above 124.20 for the continuation of the bullish trend.
Expected trading range for today is among the 123.20 support and 126.00 resistance scale
General tendency is expected for today: UP
usd/jpy abhi kal he up hua hai 50 pips lekin empire fed unit bad aane ki wajah se saara gain khatam hogaya hai,ess pair me abhi up bahut he kamm ho raha hai,esme short karke agar chalein to 100 pips achha mil sakta hai..
The pair continues to fluctuate against the yen around SMA 50, maintaining the stability above the ground support the pivotal 124.20, and thus, the scenario uptrend is still in place and effective, and the first target resides at 125.84.
http://i.imgur.com/RJ305AG.png
Spoiler: