I fully agree with the fact that the forex trading plan is necessary. You can break it down into steps and ****ually move its implementation in full, tracing the dynamics of the motion, thus making conclusions and continue to make adjustments .....
Thread: Usd/Jpy
I fully agree with the fact that the forex trading plan is necessary. You can break it down into steps and ****ually move its implementation in full, tracing the dynamics of the motion, thus making conclusions and continue to make adjustments .....
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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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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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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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the pair now between two strong levels the downtrend and the strong support range 96.3-96.8
better to wait till closing downside the support range or upside the broken trend
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Usd/jpy technical analysis
date : 08.31.2013
time : 12:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 43.57
2) MACD (26,12,9)
value: 0.0194
3) ADX (14)
value: 21.52
4)CCI(14)
value: -111.24
overall trend - strongly bearish.
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The U.S. Dollar was lower against the Japanese Yen on Friday.
USD / JPY was trading at 98.17, down 0.18% at time of writing.
The pair was likely to find support at 96.82, Tuesday's low, and resistance at 98.84, Monday's high.
At the same time, the U.S. Dollar was up against the Euro and the British Pound, with EUR / USD shedding 0.36% to hit 1.3194 and GBP / USD falling 0.24% to hit 1.5468.
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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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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the H1 time frame charts on currency pairs usd/jpy
such as the support resistance on
R3 = 99.81
R2 = 99.16
R1 = 98.74
Pivots = 98.09
S1 = 97.67
S2 = 97.02
S3 = 96.6
with today's market position is at point 98.20
then I strongly recomended you to the open position SELL
consideration for stop loss at 98.4 and take profit at 98 Good luck all
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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