The downward trend would be likely in the coming sessions as the price was not able to breach of 120.40 and stability above it, with reference to the expected targets start at 118.25 and extends to 117.45 then 116.65.
http://i.imgur.com/Nv7Kqdo.png
Printable View
The downward trend would be likely in the coming sessions as the price was not able to breach of 120.40 and stability above it, with reference to the expected targets start at 118.25 and extends to 117.45 then 116.65.
http://i.imgur.com/Nv7Kqdo.png
hanji ye pair abhi down he trend me chal raha hai kyunki jpy ko safe heaven currency kahan jaata hai aur market me china ki wajah se risk chal raha hai aur ye pair tabhi etna jada down hua hai,esme bahut jada dhyaan se kaam karna hoga..Quote:
Originally Posted by dareking
The pair moved strongly to the downside after failing to record level 120.60 earlier.
Coverage of moving averages is considered a negative sign and we continue to expect further downside during the day despite the volatility expected on RSI 14.
http://i.imgur.com/fiLFO2Q.png
Monday Sep 07,
00:00 ...USA....Labour Day
Monday Sep 07,
05:00 ....Japan .....Coincident Index.... Medium..... 112.3
Monday Sep 07,
05:00.... Japan ......Leading Economic Index .....Medium ....106.5M
Monday Sep 07,
23:50 .......Japan..... Gross Domestic Product
(QoQ)..... Low...... -0.4% -0.4%
Monday Sep 07,
23:50 Japan .....Gross Domestic Product
Annualized .....Low..... -1.6% -1.8%
Monday Sep 07,
23:50 Japan .......Gross Domestic Product.....
Deflator (YoY) .....Low .....1.6%
Monday Sep 07,
23:50 Japan ......Bank lending (YoY) ......Low..... 2.6%
Monday Sep 07,
23:50 Japan .......Trade Balance - BOP Basis ...Low
Monday Sep 07,
23:50 Japan...... Current Account n.s.a......... High..... ¥558.6 ¥1715.0
reached sales positions to the first target at 119.45 and we are satisfied with the profits of the otherwise this place. Thus, we Soventjunb pair traded today because of the high volatility expected employment data in the non-agricultural sector Halzy will be issued later in the day.
http://i.imgur.com/fiLFO2Q.png
USDJPY: growth against the background of an increase of the index of leading economic indicators in Japan
USDJPY
Sept. 7, 2015, 09:43
Buy on a level breakthrough of 119.60 with 120.70 target. Stop loss = 119.10.
Reason for the trading strategy
In July, the index of leading economic indicators in Japan fell to 104.9 p, the lowest value of the year. The data is negative for the yen. At the level breakthrough of 119.6, opening long positions in the USD/JPY pair is worth considering.
USDJPY, H1
https://www.exness.com/media/media/2.../2_ieiQTfl.png
I agree with you, buying a pair in the medium- term look really reasonable, we can expect a return to 125,82
http://s004.radikal.ru/i205/1509/b8/81a6159cad1f.png
all time low was generate at the time of japan earth quake when we see history price keep on falling slowly once again this pair at this price level so we expect little bit more improvement
The pair succeeded against the yen, touching our first target at 118.25, showing a bounce upward from there influenced positively Stochastic approaching the re-previously breached neckline of the head and shoulders pattern that appears image test, as long as the price is below 119.75 and 120.40, the bearish scenario will remain in place and effective during the coming period, noting that the breach of 118.25 will extend the downside wave to areas of 117.45 and then 116.65.
http://i.imgur.com/i1DeMIG.png
Economic event's 08.05.15
Japan.
Tuesday Sep 08, 05:00
Japan
Eco Watchers Survey: Outlook
Medium
51.9
Tuesday Sep 08, 05:00
Japan
Eco Watchers Survey: Current
Medium
51.6
Tuesday Sep 08, 23:50
Japan
Money Supply M2+CD (YoY)
4.1%
USA
Tuesday Sep 08, 10:00
United States
NFIB Business Optimism Index
Low
95.4
Tuesday Sep 08, 14:00
United States
Labor Market Conditions Index
Medium
1.1
Tuesday Sep 08, 15:30
United States
3-Month Bill Auction
Low
0.095%
Tuesday Sep 08, 15:30
United States
6-Month Bill Auction
Low
0.27%
Tuesday Sep 08, 17:00
United States
3-Year Note Auction
Low
1.013%
Tuesday Sep 08, 19:00
United States
Consumer Credit Change
Medium
$20.74
$18.0