today's evening time analysis basis on stochastic(5,3,3) and adx(14)
stoch(5,3,3)
main : 87.36
signal : 90.85
adx(14)
adx : 35.63
+di : 23.11
-di : 10.18
so we see the market
condition : neutral
overall trend :
timeframe : m15
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today's evening time analysis basis on stochastic(5,3,3) and adx(14)
stoch(5,3,3)
main : 87.36
signal : 90.85
adx(14)
adx : 35.63
+di : 23.11
-di : 10.18
so we see the market
condition : neutral
overall trend :
timeframe : m15
the upside will remain in place in the short and medium term, and the anticipated targets start at 125.75 and extends to 127.00, with attention to the need for stability above 122.00 for the continuation of the proposed increase.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Possible market can not lead to 125.10 for correction because the market has touched bottom envelopes
Recommendation: Buy
Expected trading range for today is among the 123.50 support and 125.75 resistance range
General tendency is expected for today: UP
bhai usd/jpy jis tarah se move ho raha hai, dekh kar to aise lag raha hai, ki USD kafi jayda strong hai, aur strong ke wajah se ye pair kafi uper ho sakta hai, abhi bhi ismein buy ki achi opportunity hai bhai. :)
usd/jpy ne 12 years ka top touch kiya hai aur kal ye pair bahut he up hua hai,abhi esme sabhi time frame bullish hai lekin esme sahi entry lene ke liye esme jabb 200 pips down ho tabhi esko buy karna thik rahenga..
I think all time low record is around 76, not around 78.88. Anyways i was think it gonna go up when it was around 80 and now it touch 80.35, i think we can see around 80.70 in coming days.
USD/JPY. The bias is bullish in nearest term especially if price able to make a clear break above 125.90 area to trigger further bullish momentum aiming 126.50 area. On the downside, immediate support is seen around 124.60 area, another consistent break below that area would bring the price to neutral zone as direction would become unclear in nearest term perhaps retesting 124.10 area before recovery to the upside.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Bollinger still widening upwards. Market still will touch the trendline bottom line, and predicted points are located at the pivot point at 125.26
Recommendation: Buy
USDJPY managed to come into contact with our main first expected at 125.75 and found strong resistance there, what price to offer some sideway trading was forced to obtain a positive determination enough to push trading to the upside again, noting that the stochastic intersects positively now, which is a wait a positive incentive to contribute to pay the price to continue upward the main direction.