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my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit in forex market today.
Pivot, Resistance Levels and Support Levels for USD / JPY
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 106.644
Resistance Level (R2): 106.327
Resistance Level (R1): 106.123
Pivot Point: 105.806
Support Level (S1): 105.602
Support Level (S2): 105.285
Support Level (S3): 105.081
maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Keep it up
Market analisisss..
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck
Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
The current price action suggests the direction of the December Comex gold futures contract into the close on Thursday will be determined by $2049.30.Gold futures jumped to a new contract high on Thursday, driven by expectations of more fiscal stimulus from the U.S. government in response to surging coronavirus cases in the country that threaten to derail the slowing economic recovery.The minor trend is also up. A trade through $1952.30 will change the minor trend to down. This will also shift momentum to the downside.
GBP/USD currency pair refused to cross below the 1.3000 level, which is still a catalyst for the bulls' control.Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.3280.
Place the stop loss 1 pip above the local swing high.
Adjust the stop loss to break even once the trade is 25 pips in profit.
Take off 50% of the position as profit when the price reaches 25 pips in profit and leave the remainder of the position to ride.I recommend selling the GBP/USD pair after all its gains, as the future of Brexit remains uncertain.so before open order must recognize market strategy. Best of luck
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Keep it up
we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like USD to JPY . If you are looking for foreign exchange rates with good return, USD to JPY can be a bad, high-risk 1-year investment option. USD/JPY rate equal to 105.918 at 2020-08-08, but your current investment may be devalued in the future.