USD/JPY Daily Signal technical Analysis 4H time frame
Resistance:3 99.10
Resistance:2 98.88
Resistance:1 98.74
Piviot Level: 98.53
suppot:1 98.31
suppot:2 98.17
suppot:3 97.96
best signal for trade good luck
Thread: Usd/Jpy
USD/JPY Daily Signal technical Analysis 4H time frame
Resistance:3 99.10
Resistance:2 98.88
Resistance:1 98.74
Piviot Level: 98.53
suppot:1 98.31
suppot:2 98.17
suppot:3 97.96
best signal for trade good luck
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USD/JPY Technical Analysis –
Prices are edging lower as expected after putting in a Spinning Top candlestick below resistance at the top of a large Triangle chart pattern carved out since late February. Near-term support is at 97.28, the 50% Fibonacci retracement. A break below that eyes the 61.8% level at 95.76. Resistance is reinforced by the 38.2% level at 98.80, with a reversal above that targeting the 23.6% retracement at 100.68.
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As can be seen on the daily chart - held a retreat from the long-term slope level (the point of tangency figure 99.00), the pair is fully turned to the south and broke a number of strong levels of support (among them the figure of 98.20 and 98.00), on 4-hour chart continue to work off a sell signal MACD, the closest support is around 96.80, it is profitable.
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on currency pairs USD/JPY I have predicted that there is a signal BUY in the time frame H1
because I was referring to the indicator fibbonaci to see support and resistance at R3=99.4, R2=99.13, R1=98.82, Pivots=98.55, S1=98.24, S2=97.97, S3=97.66
so I suggest to perform the requisite order BUY to
Take Profit 98.26 and Stop Loss 97.66
a target is likely to move by 50 pips
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On pairs UsdJpy has my analysis on the current market position at point 98.29 and timeframes H1.
I use indicator Stoch (5,3,3) then it will be the value at point 40 so that more directed at the BUY
if data from calculation from Yesterday High of 98.86 and Yesterday Low of 98.28 then pivot on the support and resistance at
Pivots = 98.55
S1 = 98.24
S2 = 97.97
S3 = 97.66
R1 = 98.82
R2 = 99.13
R3 = 99.4
so I recommend you to BUY to take profit on 98.59 and stop loss at 97.99. Good luck and hopefully profit.
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usd/jpy wava analysis signal time frame 4h
indicator fibopiv-v2. best to trader
1 Resistance levels:98.74
2 Resistance levels:98.88
3 Resistance levels:99.10
0 piviot levels:98.52
1 Support levels:98.30
2 Support levels:98.17
3 Support levels:97.95
best indicator to signal RSI
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USD/JPY (Daily Trade)
Resistance : 98.57 99.13 99.93
Support : 97.51 96.89 96.51
High / Low : 98.51 / 98.08
Running Price : 98.12
for intraday trade today suggest BUY at the level 97.64 stop loss at the level 97.33 , target take profit at the level 98.50
===GOOD LUCK===
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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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Of observations by the method of technical analysis I have seen of the currency pairs Usd/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 98.40 and there is support and resistance on the
- R3 : 99.41
- R2 : 99.14
- R1 : 98.83
- Pivots : 98.56
- S1 : 98.25
- S2 : 97.98
- S3 : 97.67
then I highly recommend you to open position BUY with
Take Profit is equal to 98.402 as well as Stop Loss at point 98.398
so that the target pips for today I think is at 40 pips
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