Thread: Usd/Jpy
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The USD / JPY pair continued its previous downtrend during the Asian session and dropped to the lows of Y78.42 thus updated the low of this week. The currency rose against all major currencies due to the factors which supported the Japanese currency as an asset with the safe haven status. Some of them were: still existed concerns of slow economic recovery and protracted decision-making process of taking actions by European leaders for resolving the debt crisis in the region.
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 trading range for today is among the key support level at 77.00 key resistance now at 80.10
The general trend in the short term is bullish targets as long as the level 87.45 75.20 level is still in place
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.
price continues to fletovat, I have two buy signals crossing the green line of Ichimoku ching span w 2. "golden cross", but to confirm the growth of the northern pair must also be overcome and the lower boundary of the cloud.
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 a couple on their way south met the next level of support 78.50, also on the hourly chart noticeable sloping resistance line, I think it will be stronger, and the trend continues to the south.
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.
Keep dollar against the yen on the stability without the pivotal support previously broken between 79.10-79.00, while SMA 50 continue pressing negatively on intraday trading.
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Thus, we continue the downward trend of our expectations, provided stability below 79.50
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Expected trading range for today is between: Support and resistance 77.50 79.50
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General tendency is expected for the day: the downside
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 short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.00 and key resistance at 80.10. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.
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.
This pair is major pair in the Forex market because when we open a new mt4 platform then this pair always open with this, in the recent year USD going up against the JPY means japani Jen and i like to trade in this pair.
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 Japanese currency has entered the final straight towards the goal of 78.00, there is a breakdown of the level of support is less secure, plus a histogram is gradually reduced, so I think we will fall ...
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 trading range for today is among the key support level at 77.00 key resistance at 80.10
The general trend in the short term is bullish targets as long as the level 87.45 75.20 level is still in place
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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