Thread: Usd/Jpy
If a M15 close above 77 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 76 sell only and do not buy. If price closes back above it again do nothing
The range 77 and 76 is neutral area, any trade done in between is personal decision and not part of this analysis
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zainm6050 (2019-05-11)
I think this pair will try to reach 77.15 again to make like a re-test for this resistance . we can buy from now and 77.15 our target .
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Hamzagoroo (2019-04-06), zainm6050 (2019-05-11)
the chart is showing that the pair has closed it's daily candle under the level of 77.00 , and that's mean that the down trend is still standing and the pair might reach 76.50 and then 76.20
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zainm6050 (2019-05-11)
With so much global uncertainty buffeting markets at the moment, we have yet to see a definitive move out of the safe-haven yen, which appears stuck in a trading range of 76 to 78
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Hamzagoroo (2019-04-06), zainm6050 (2019-05-11)
as we can see on the chart , the pair is trading under the level of 77.00 , any way if the pair succeeded in breaking 77.00 , it will continue in it's up movements heading to 77.30 and then 77.50
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Hamzagoroo (2019-04-06), zainm6050 (2019-05-11)
If a M15 close above 76.90 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 76.10 sell only and do not buy. If price closes back above it again do nothing
The range 76.90 and 76.10 is neutral area, any trade done in between is personal decision and not part of this analysis
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Hamzagoroo (2019-04-06), zainm6050 (2019-05-11)
as we can see the 4 hr chart the pair couldnt close over the resistant level at 77.50 and the level pull the price back downward with strong bearish push 3 candle formed . i think the pair as it trade down ema50 line it might fall more to test 76.50 level
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the pair and as we can see from the chart has closed it's daily candle under the level of 77.00 , so , that's mean the down trend is still standing and the pair is heading to 76.40 then 76.10
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Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), zainm6050 (2019-05-11)
Attempting to firm off 76.47 range floor with immediate lift over 77.07 (near 20-day MA) flipping bias back at 77.70 top while completing a 6-day expanded flat consol'n. Losing 76.47 however delays for swing low over 75.94
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Hamzagoroo (2019-04-06), Hanif484 (2018-12-24), zainm6050 (2019-05-11)
There are no clear signs yet about the expected movement from the BOJ or the Fed, the fact that forced the USD/JPY pair to consolidate between specified levels near its post-war levels.
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 (2019-04-06), Hanif484 (2018-12-24), zainm6050 (2019-05-11)
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