The last trading sesiyu couple finally broke through the very important support level of 79.10 and consolidated below this level, I think now would be easier to garazdo fall, I think that now potentsyalnye target 78.00-77.70 ....
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The last trading sesiyu couple finally broke through the very important support level of 79.10 and consolidated below this level, I think now would be easier to garazdo fall, I think that now potentsyalnye target 78.00-77.70 ....
JPY today has made a serious bid to reduce it still managed to break the support level of 79.17 and after the break very much collapsed, this time to wait for the correction and the resumption of the fall selling.
JPY pair fell today, very much, this hour rate is trading below the Ichimoku cloud, and there is a signal three signal lines to continue falling, I just sold, after the rollback rate, after a brief decline resumed, the goal of 78.00.
The pair has broken below its support. Short position is preferable below 79.2 with 78.75 and 78.55 as price targets. If it goes to above 79.2 then we can expect upward movement 79.5 and 79.75 as price targets.
As I said yesterday that the USD / JPY finds difficult to match levels of resistance at 79.76 is the husband drops her day strongly and break areas 23 Fibonacci
http://hh7.an3m1.com/Sep/an3m1.com_bb75f95c631.png
The pair now managed to get out of the channel in which the last few trading days, penetrated the lower limit, but the course of this hour approached the sloping line and the previous test it as a support, is possible and resume growth in the north.
Histogram MACD crossed the signal line and is now in negative territory, and thus sends a signal to sell USD / JPY.Ostsillyator Stochastic is oversold and generates a sell signal as the% K line% line below D.Schitayu is now time to sell a couple of broken level of support and open the way down to around 77.70 ... ...
The MACD histogram crossed its signal line, continues to decline slowly, and thus sends a signal to sell The RSI also sizhaetsa and be near its signal mark of 30, so that the indicator points to the sales of the more struck the level of support 79, so I think we fall .
USD / JPY bearish candle closes the week with the last day of this week and is now almost touching the falling trend for this that he can bounce back from it and for the rise of new
http://hh7.an3m1.com/Sep/an3m1.com_82bc0da1751.png
it is 78.71 as of now it is very low i think it will go little more down till 78.20 then it will recover as what i think :)Quote:
Originally Posted by nilu
but anything can happen in the game of forex !