Subscribethis pair still stable at this days at 124 in this freakin market. and this pair still undecided . ctually the trading at tis month is very difficult in forex market. its so risky nd dangerous because of this Greece.
Thread: Usd/Jpy
this pair still stable at this days at 124 in this freakin market. and this pair still undecided . ctually the trading at tis month is very difficult in forex market. its so risky nd dangerous because of this Greece.
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usdjpy na mera both loss kiya hay ya last 7 days say buying ma hay is na 120.40 low kiya tha aur dobara buying ma chala gaya hay jub ya 120.40 pr tha to ma samja tha k ya aur sell hoga pr asa nahi hoa
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We witnessed another day of rising prices, approaching 125 yen per US dollar. Regarding the day Friday, the situation is exactly the same as the previous cross, ie indicators only releases the afternoon's program.
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Enables the dollar versus the yen from reaching our first target is expected at 124.20, being attempts to confirm the break of this level, reinforcing expectations of continued upward trend in the coming period, where our objective resides at the next summit, recorded in advance at 125.84.
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pair- usd/jpy
time frame- m15
technical analysis-
the stoch indicator is falling down side but in the price chart it is having strong supporting trend line at the price 124.00 level. if this support is break then it will moved to the 123.70 level. short with stop loss at the 124.20
good luck.
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The pair moved in the direction of the rising, rising, according to the proposed move yesterday.
The pair of critical areas touching at 124.00, which meets with former resistance as seen on the provided daily chart.
Some quantities of purchases may close and we recommended, waiting for a better entry or may wait until the pair up to the initial resistance levels of 124.00 to 124.15
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personally i already realize my next target in this pair which is 124.00 and i think the traders should wait because the greece case is not finished yet . so for me i don't know what's gonna be in the next few days . Sometimes its better to wait in this market.
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Frame on the daily after the pair succeeded in breaching the bearish channel yesterday also managed to penetrate the resistance at almost 123.70. Where candle yesterday closed higher this resistance formed from Artcasen which gave an early indication of the desire of the pair constantly going up. So I think that the continuation of trading and closures of the daily candles highest resistance to penetrating metamorphic support around 123.70 prices Push for further climb almost to 124.40.
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After many long hours of hesitation and evolving range, the dollar started rising against the yen on Wednesday. The target of 125 yen per dollar could be reached by the end of the week if the increase would continue until. Meanwhile it will already overcome the resistance of 124.00 has already engaged over today.
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Negative current Stochastic could push the price of some temporary fluctuation before resuming the expected bullish direction, which requires sustained stability above 123.20.
Expected trading range for today is among the 123.00 support and 125.00 resistance range
General tendency is expected for today: UP
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