Thread: Usd/Jpy
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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Mureedabbas (2019-03-23), Sarfrazsagar (2019-06-17), secritforexstar (2020-03-17), Unregistered (1)
pair- usd/jpy
time frame- m15
technical analysis-
the down movement of the price is making correction from the support at 120.50 level. this up movement may not able to break resistance at 121.60 and wil again down side. short with take profit at 120.80 and stop loss at 121.75
good luck.
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Mureedabbas (2019-03-23), Sarfrazsagar (2019-06-17), secritforexstar (2020-03-17), Unregistered (2)
Achieved the dollar versus the yen strong break to the level of 122.00 and fell sharply, touching 76.4% Fibonacci correction of the rise, this level is at 120.50, and breaking it would extend losses pair to reach the bottom level registered in advance at 118.87.
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Mureedabbas (2019-03-23), Sarfrazsagar (2019-06-17), secritforexstar (2020-03-17), Unregistered (1)
now the price is over 50 and i think the market in a 12 hours max is under 50.
i sell in this moment.
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Mureedabbas (2019-03-23), Sarfrazsagar (2019-06-20), secritforexstar (2020-03-17), Unregistered (1)
The pair has been on a bearish side and it might continue to do so in the coming days too.
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Mureedabbas (2019-03-23), PAK (2019-03-29), Sarfrazsagar (2019-06-17), secritforexstar (2020-03-17), Unregistered (1)
The pair continues to fluctuate against the yen between the directional keys, which is 122.00 support and 123.20 resistance, and we are still waiting for a break of these levels to determine the point of the following price more accurately, which keeps our neutrality intact until now.
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pair- usd/jpy
time fram- m15
technical analysis-
the price is moving in strong down trend side and falling to the 121.37 level. the stoch indicator is showing oversold as moving level 20. its may again up side. if the price break 121.68 then long with profit target at 122.50 and stop loss at 121.00
good luck.
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.
The pair found good resistance against the yen shape SMA 50 yesterday, the price remains confined between the pivotal support levels are 122.00 and 123.20 resistance, which one of them are waiting for a breakthrough to get the most accurate indication of the direction of the next confirmation.
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.
pair- usd/jpy
time fram- m15
technical analysis-
the price is making triple top chart pattern with having resistance at 122.82 level and nick line of the support at 122.35 level. the stoch indicator is moving down so price may falling down. short with profit target at 122.00 and stop loss at 122.68
good luck.
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.
usd/jpy abhi down hua tha kyunki jpy currency safe heaven hai aur essi wajah se greece me hone wale issues ki wajah se ye pair up nahi ho raha,esme abhi jada risk na liya jaaye to trader ke liye achha hai aur soch samajb kar he ess pair me kaam karna hoga..
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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