Subscribethe chart is showing that the pair is trading under level 77.00 , that's mean the down trend is standing and the pair might reach 76.50 , but if the pair succeeded in breaking 77.00 , it will head to 77.30 and then 77.50
Thread: Usd/Jpy
the chart is showing that the pair is trading under level 77.00 , that's mean the down trend is standing and the pair might reach 76.50 , but if the pair succeeded in breaking 77.00 , it will head to 77.30 and then 77.50
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Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), zainm6050 (2019-05-11)
USD/JPY is still consolidating after its second post intervention retracement (PIR II) in 2011, which is now testing key support at 76.30∕25
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Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), zainm6050 (2019-05-11)
USD/JPY has not responded at all to the risk rally and remains near the all-time low of 79.25 reached on March 17, and whilst treasury yields will be thrown around by US economic data, it is looking like a re-test cannot be ruled out.
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Abubakar 148 (2020-06-15), Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), zainm6050 (2019-05-11)
Overnight, USD/JPY came under renewed selling pressure trading down to 76.59, as US data continued to disappoint.
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Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), Unregistered (1), zainm6050 (2019-05-11)
i think traders on this pair can go sell positions under 77.2 level and targets will be to 76.5 and 76.3 .
and if the price move and closed 15 min candle over 77.2 i think it will go upside to 77.75 .
good profite
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302 (2018-12-23), Abubakar 148 (2020-04-09), Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), Unregistered (1), zainm6050 (2019-05-11)
Considering the forces at hand, timing such a move is hard to predict: on one hand, market participants are bidding the Yen higher; on the other hand, an intervention is all-but-guaranteed.
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.
302 (2018-12-23), Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), Shahnawaz148 (2019-04-29), Unregistered (1), zainm6050 (2019-05-11)
supports are seen at 76.51/29 and then at the all time record low at 76.24. On the other hand, resistance levels are seen at 77.10/30/40 and then at 78.00.
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302 (2018-12-23), Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), Unregistered (2), zainm6050 (2019-05-11)
On the upside, above 77.32 minor resistance will bring recovery. But we'll stay cautiously bearish as long as 80.23 resistance holds
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302 (2018-12-23), Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), Shahnawaz148 (2019-04-29), Unregistered (1), zainm6050 (2019-05-11)
Prices put in a pair of Doji candlesticks at 76.28, the 76.4 percent Fibonacci extension support level, pointing to indecision above the pair’s record low, hinting a correction higher may be ahead
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302 (2018-12-23), Abubakar 148 (2020-08-20), Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), Shahnawaz148 (2019-04-29), Unregistered (1), zainm6050 (2019-05-11)
the pair and as we can see from the chart is trading under level 77.00 , so , that's mean the down trend is still standing and the pair might head to 76.50 and then 76.20 how ever the pair made any hourly correction
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.
302 (2018-12-23), Abubakar 148 (2020-03-31), Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), Shahnawaz148 (2019-04-29), Unregistered (1), zainm6050 (2019-05-11)
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