Forex Forecast with price level
USD/JPY - pair in focus.
Current Price - 109.30
main support level - 109.24
main resistance level - 109.35
Pair likely to be in Sell today.
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Forex Forecast with price level
USD/JPY - pair in focus.
Current Price - 109.30
main support level - 109.24
main resistance level - 109.35
Pair likely to be in Sell today.
Usd/jpy
suporting levels are here:
support 1) 108.55
support 2) 108.35
support 3) 108.10
Ichimoku trends giving buying signals because ichimoku made a buy candle in clouds which giving buying trends.
THE RSI movement of this pair is moving with high frequency on buy signal.
StdDew & Mcad are main factors which also giving the buYing signals.
Bulls power higly buying side movements.
Parablic sar on top showa buy trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: buy
highest resistance of this pair today will be going :108.85
i think best time to enter buy trade at 108.45 with tp at 109.80 with narrow stop loss of 108.35 with long terms up trends.
USD / JPY
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 110.101
Resistance Level (R2): 109.881
Resistance Level (R1): 109.632
Pivot Point: 109.412
Support Level (S1): 109.163
Support Level (S2): 108.943
Support Level (S3): 108.694
MONETARY POLICY PRODUCES SOME SURPRISES, BUT IS THERE FOLLOW THROUGH?
Markets were already caught in the vortex of fading liquidity this past session, but there was clearly enough of a market to transmit some impressive movement following a few unexpected updates from central banks. The most noteworthy update in my evaluation was from the Bank of Mexico. Though it was expected, the group cut its benchmark rate 25
Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.
Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
Japanese Yen
JAPANESE YEN CURRENCY INDEX
91.4
−0.09%
−0.1
Japanese Yen
JAPANESE YEN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
0.0091875
D
−0.13%
−0.0000115
KSN1!
DOLLAR BASED CURRENCY PAIRS JAPANESE YEN/US DOLLAR (CONTINUOUS: CURRENT CONTRACT IN FRONT)
0.0091990
E
+0.24%
+0.0000220
Japanese Yen
JAPANESE YEN CURRENCY INDEX
91.4
−0.09%
−0.1
Japanese Yen
JAPANESE YEN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
0.0091875
D
−0.13%
−0.0000115
KSN1!
DOLLAR BASED CURRENCY PAIRS JAPANESE YEN/US DOLLAR (CONTINUOUS: CURRENT CONTRACT IN FRONT)
0.0091990
E
+0.24%
+0.0000220
If this pair keep moving to up side , I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.Today market trend:sell .Market exchanging sign rely upon a pointers.Resistance points and Support points of market goes down.The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit.
Good luck .Supporting level
1.Supporting level 0.9003
2.Supporting level 0.8966
3.Supporting level 0.8945
USD/JPY
109.47+0.1905(+0.1743%)
16:21:50(GMT)|Real-Time Data, Quoted in JPY
Open
109.28
Day's Range
109.18 - 109.40
Class
Currencies
Bid/Ask
109.47/109.47
Symbol
USDJPY
Subclass / Sector
Major