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Daily overview for UsdJpy
The price is finding the first support at 113.14, and the next support is at 112.58. The price is finding the first resistance at 113.54, and the next resistance is at 113.78
--- Trading recommendations for today : Open Sell ---
I predict price will be continued falling today. The first target is the level 112.78. After fixing below the first target, then price will go to the level of 112.38. will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Pivot Point - Support – Resistance :
Resistent1 : 113.54
Resistent2 : 113.78
Resistent3 : 113.94
Pivot : 113.38
Support 1 : 113.14
Support 2 : 112.58
Support 3 : 112.74
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bearish trend seems to be taking place on the usdjpy pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bearish trend, now current price at 112.81 and strong resistent at level 113.01 in hourly time frame. there is possible chance price will move to up side. then next low price is 112.31
I suggest to entry SELL with stoploss at 113.16 and take profit at 112.31
I hope you can earn consistent profit from my signal, good luck
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Technical analysis for this pairs
usd/jpy analysis for 17.11.2018
( USD/JPY ) price sell (minimum) is 112.84
or buy (maximum) 112.97
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My dear today Usd/Jpy is strongly bearish
today resistance level 114.40 and the supporting level is 111.30
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pair is hovering below important resistance at 82.00 ,also approaching to top of the descending channel,and 120 period moving average also,oscillator shows overbought and evreything is prepared fot going short at the market with good risk/reward rathio . my tp is placed
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pair has corrected its direction because of facing the strong resistance represented in the downtrend line , i think this pair will continue moving down in the downtrend channel shown
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yes you are right due to japan earth quake its fall many pips..but now we can see little bit improvement near 80.16..and once again this pair at this price level so we expect little bit more improvement.
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bearish trend seems to be taking place on the usdjpy pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bearish trend, now current price at 112.81 and strong resistent at level 113.00 in hourly time frame. there is possible chance price will move to up side. then next low price is 112.31
I suggest to entry SELL with stoploss at 113.16 and take profit at 112.31
I hope you can earn consistent profit from my signal, good luck
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once in the prediction of several indicators for the technical analysis of currency pairs usdjpy on the market today at the 113.38 pivot then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit at 112.88 positions. You put a stop loss at 113.73 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 113.53
Resistent2 = 113.77
Resistent3 = 113.92
Pivot = 113.38
Support 1 = 113.14
Support 2 = 112.60
Support 3 = 112.75
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
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The Euro dropped for a fifth consecutive day against the US Dollar, setting a new 28-month low against the US Dollar. A daily close below the 61.8% Fibonacci expansion at 1.2173 exposes the 76.4% level at 1.2080. Alternatively, a reversal above the 50% Fib at 1.2249 opens the door for a test of the 38.2% expansion at 1.2324.
