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FX Strategists at UOB Group noted that USD/JPY needs to surpass 107.00 to allow for the continuation of the positive momentum.
Key Quotes
24-hour view: “We highlighted yesterday that ‘USD could edge lower by any weakness is viewed as part of a lower trading range of 105.80/106.30’. We added, ‘a sustained decline below 105.80 is not expected’. However, USD plummeted to 105.59 before snapping back up and ended the day on a firm note at 106.55 (+0.54%). Upward momentum has improved, albeit not by much. From here, USD could edge higher but the chance for a clear break of the solid resistance at 107.00 is not high (next resistance is at 107.30). On the downside, a break of 106.25 would indicate the current mild upward pressure has eased.”
Next 1-3 weeks: “On Tuesday (26 Aug, spot at 106.45), we noted that ‘upward momentum is beginning to improve but further USD strength is likely only if USD closes above 107.00’. We added, ‘the prospect for such a scenario is not high but it would increase as long as USD does not move below 105.60 within these few days’. While USD dipped one pip below 105.60 yesterday (low of 105.59), it rebounded strongly and quickly. Despite the ‘breach’ of the 105.60 ‘strong support’, the momentum outlook still appears to be positive. That said, 107.00 is a formidable resistance and USD has to close above this level before further sustained advance can be expected. Support is at 106.00 ahead of the still rather strong level at 105.60.”
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Today My point of view market is Buying trend
Indian Forex Forum is a good site in the world
Resistance and Suoport points bhi market k Up hone ka ishara dy rahy hain
Is liye hamain Buy me Trade lagani chahiye
COVID-19 Day's Stay Home Safe Life
And Earn Money At Home
Good Luck All My Friends
"Best"
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today trend is: bearish sell
If a M15 close below sell only and do not buy. If price closes back above it again do nothing
The range of pair and is neutral area, any trade done in between is personal decision and not part of this analysis
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Indicater is the best for show markitng level is very clearly.
Use stop loss and take profit ang gain good and huge profit
"Best"
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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
Good luck everyone
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Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
Ap achay se kaam karen ge to acha bonus aur acha profit hasil kar sakein ge
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advance daily buy and sell tips
USD/JPY
Go for buy if price breaks 105.71 in up direction
take profit - 25 pips
go for sell if price breaks 105.15 in sell direction
stop loss - 15 pips
Nothing is indefinite in trading.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 105.43
This currency name - USD/JPY
Resistance and Target - 105.71
Support and Stop Loss - 105.15
Always follow Long time frame market trend.
Signal is Sell.
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happy trading all, this pair is still moving sideways until now from the H4 time frame it is known that pair movement is still moving above the 161.8% fibo level if later the price breaks below it then the next price will target the support level below the price
but if the price rises it is possible that the possible level for the price to be touched is the SBR level which I marked with a line the top this is where we can do selling reentry with the condition that the price reject from here
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Today market technical analysis trend buy
According to some best indicator like
Bollinger band is up
RSI is up
Zigzag is up
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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As All of you know that . this trading pair is too good for best tradong is pair . this tradin TVg pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .Its all becouse of its movement. After the understanding of pro EMA trading analysis. Its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators. So i am always refer the indicator for analysis ... .
pair and that according to the green color shown by the Bollinger. Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side.
I suggest you this analysis indicater for 95% chances...
