USDJPY was undecided yesterday. The immediate bias is neutral for now until a clear break below 76.20, but on long term the bias still remains bearish especially if price maintains around 76.60, making new historical lows.
Thread: Usd/Jpy
USDJPY was undecided yesterday. The immediate bias is neutral for now until a clear break below 76.20, but on long term the bias still remains bearish especially if price maintains around 76.60, making new historical lows.
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USDJPY yesterday was sideway movement. and now the price has come down and make daily LSMA a strong trending down. then we will focus on looking for the best short positions. has made a new low price, and then seen bouncing, chances are the price will retrace a small. benchmark weekly LSMA still pointing up, but buyer dominance has begun to weaken, because the position of the current price is below the weekly LSMA. if daily LSMA able to make a new low, it will be a weekly LSMA trendning down. could open a sell position today with a stop loss area is around LSMA daily.
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Moon22 (2019-04-27), Muneer7171 (2019-04-27), NOOR151 (2019-04-28), SDK (2019-04-27)
Usd/Jpy
Today Market analysis and trend:sell
Indicators bhi market ke down hony ka bata rahe hain
Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye
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ah16 (2019-04-27), Moon22 (2019-04-27), Muneer7171 (2019-04-27), NOOR151 (2019-04-28), SDK (2019-04-27)
We expect that the negative pressure continues to dominate on the pair in the coming sessions, depending on the breach of 61.8% Fibonacci resistance, which is now at 121.53, indicating that the breach of this level followed by the 122.00 level will spur price to stop the current negative pressure and then restore the main track rookie .
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once in the prediction of several indicators for the technical analysis of currency pairs USDJPY on the market today at 111.90 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit positions at 111.05 You put a stop loss positions at 111.89. that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down
The following resistance and supporting level of this pairs is as below :
The First Resistance -- 111.90
Second Resistance -- 112.02
Third Resistance -- 112.15
The First Support -- 111.20
Second Support -- 111.07
Third Support -- 110.95
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please .. share your analysis, so we can discuss in this forum to maximize our profit
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My analysis of usd-jpy
Today trend is: Bearish
Support levels is:
Support1:111.91
Support2:111.87
Support3:111.8
Resistance levels is:
Resistance1:111.98
Resistance2:112.01
Resistance3:112.09
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This pair usd/jpy
Technical analysis of today is bearish
Pivot Point. 111.67
Current Price. 111.55
Resistance level
1st. 111.66
2nd. 111.77
3rd. 111.88
Supporting level
1st. 111.44
2nd. 111.33
3rd. 111.22
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ismar (2019-04-27)
USD / JPY jumped higher to 112.40, but retreated sharply. Intraday bias remains neutral with focus on key resistance 112.13. A decisive breakthrough there will resume the entire recovery from 104.69. On the other hand, a solid break of minor support 111.69 will reverse the bias to support 110.84. A break will bring a deeper drop back to support 109.71.
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Daily overview for UsdJpy
The price is finding the first support at 111.32 and the next support is at 111.07 The price is finding the first resistance at 111.77 and the next resistance is at 111.99 I predict price will be continued falling today. The first target is the level 111.06 After fixing below the first target, then price will go to the level of 110.90 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Sell ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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