Spoiler:
On the Daily chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 81.50
Thread: Usd/Jpy
On the Daily chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 81.50
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 U.S. Dollar was higher against the Japanese Yen on Sunday.
USD/JPY was trading at 80.49, up 0.03% at time of writing.
The pair was likely to find support at 79.28, Tuesdays low, and resistance at 80.67, Fridays high.
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.
Hamzagoroo (2019-06-07)
-->
USD/JPY rise strong 3 days consecutive from wednesday until friday ago. Price make a week's highest price in level 80.67. Bullish movement in previous week is highest movement in this month. Now, price still in sideways movement, it estimated to go up and make a new highest price again more than friday ago.
Hamzagoroo (2019-06-07)
Today’s technical analysis
Price is open above the pivot point-
Resistance 3- 81.21
Resistance 2- 80.94
Resistance 1- 80.66
Pivot point- 80.39
Support 1- 80.11
Support 2- 79.84
Support 3- 79.57
Stochastic oscillator- price is open with some positive gap. In H1 chart stoch. Indicator is near 40 level. But in h1 a very good trend line this trend line break if price come below the pivot point and down trend may be expected near to 78.84
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.
Elliott: impulse wave up 80.89
One move lower to 80.14 or 79.86 is anticipated while below 80.55 - 80.69 area. Stop loss above 80.95 zone.
Warning: End of trend
Technical points
Key point 80.5400
Entry point 80.4400
Elliott 79.2800
Closing 80.4200
Projection 80.6800
Trendline 80.1800
Trendline 80.4800
Supports / Resistances
Res 2 80.9500
Ex-High 80.6800
Res 1 80.6900
Pivot 80.4100
Sup 1 80.1400
Ex-Low 80.1300
Sup 2 79.8600
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.
maybe after 5 yrs price goes to 50. business good like forex forum indian good fast
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's recent rise from 77.13 resumed last week and mentioned mentioned target of 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65). Initial bias remains on the upside this week and break of 80.61 again will target 61.8% retracement at 81.48 next. On the downside, below 80.21 minor support will turn bias neutral and bring consolidations. But retreat should be contained by 79.27 support and bring another rally.
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.
Today,Initial support is located at 80.00 (Big figure support) followed by 79.57 (May 5 low).
Initial resistance is now at 81.33 (Jun 2 high) followed by 81.77 (May 19 high)
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.
Hamzagoroo (2019-06-07)
Yes i was mitaken, that all time low was generate at the time of japan earth quake,and once again this pair at this price level so we expect little bit more improvement.
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 H4 chart demonstrates today that silver take an upward move after breaking the Support level 32.40. Presently, silver is trading above the Support level 32.40. If silver continues the upward movement and manages to break the Resistance level 33.00, it will provide a good opportunity to buy above the Resistance...
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
