the U.S. sovereign credit rating downgrade by Standard and Poor’s triggered a strong selloff across global bourses, where investors abandoned risky assets and shifted their investments to the yen, which increased expectations for another intervention from the BOJ.
Winning signals - Profit signals.
Today Target Pair - USD/JPY
Today main profit zone .
107.80 - 108.19 - 108.41
Today main support zone.
106.58 - 106.97 - 107.19
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
Today market trand is sell....
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of luck....
predictions for the day.
trading is risky if no analysis is done
USD/JPY - is the currency pair we will be focusing on
major low levels also known as supports 107.60
major high levels also known as resistance - 108.10
USD/JPY price has broken the resistance level now and I think we should wait for it to retest the 0.9970 support level and after the confirmation we should go long on this pair now.
There is very strong possibility that will continue to rise after the retesting of the support level so we should be ready for the long positions but if the prices breaks below this support again then we should be bearish on this pair.
Everyone made his stretigy by its own opinions.
Some peoples used fundamental approaches, some
people used moving averages and other then used
supports and residences , who help him to make
his stretigy .
Today i discuss about the pair of ---USD / JPY
My recommendation about this pair is --buy.
After the analysis of residence and supports and its previous movements.
Resistance Level (R3): 110.478
Resistance Level (R2): 109.910
Resistance Level (R1): 108.913
Pivot Point: 108.345
Support Level (S1): 107.348
Support Level (S2): 106.780
Support Level (S3): 105.783