the chart is showing that the pair has succeeded in closing it's daily candle above level 118.89 , and that's mean the up trend is still standing and the pair might head to 119.50 and then 120.00 ,
Thread: Usd/Jpy
the chart is showing that the pair has succeeded in closing it's daily candle above level 118.89 , and that's mean the up trend is still standing and the pair might head to 119.50 and then 120.00 ,
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We are bearish on USD / JPY, the ranks for next week should be 118.50 - 120.50.
US retail sales have recovered in the right way in March after months of decline. However, the US bond market and the dollar fell this week. There must be doubts about the US economic recovery. The key concern is the financial performance of major US companies. For the Dollar resumed, US businesses would have to show good results and that the labor market is showing resilience. There is a risk that the dollar down until the next NFP report.
Data from Japan's trade will likely reveal that the deficit is reduced, due to higher exports and lower energy import prices. Japanese investors could on the other hand remain net buyers of foreign assets. The sale of JPY local investors should limit the decline in USD / JPY. Investor expectations for further monetary easing should limit the decline of the pair to 118.50.
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Main ye thread USD/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
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Breaking the target level would extend losses pair to reach 115.50 zones, while downside bias will remain in place and the expected price of the breach of 119.70 and stability above it was not able to.
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Expected trading range for today is between: Support and Resistance 117.90 120.00
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The tendency for this year is expected today: Down
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daily overview for Usd-Jpy
r3: 120.05
r2: 119.75
r1: 119.38
s1: 118.71
s2: 118.41
s3: 118.04
the pair broke fibo 23 to up
so our trade for the pair is buy
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Settle trades dollar versus the yen without line bullish intraday direction, to remain negative pressure based on intraday basis, and thus, the bearishness is still effective even now, waiting for the level of 117.90 key test as the first stop.
We recall that break the target level would extend losses pair to reach 115.50 zones, while downside bias will remain in place and the expected price of the breach of 119.70 and stability above it was not able to.
Expected trading range for today is between: Support and Resistance 117.90 120.00
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.
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.
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.
Treasury yields differences may maintain pressure on the continuation of the currency USD / JPY USD / JPY pair heavy at the top and with the continuation of market participants to think about the timing of the launch of raising the interest rate of the Federal Reserve Fed in light of recent US data points. Note that sustained break below 119.00 area is likely to pave the way to the 118.40 area. "
Down: the price remains below the lower rib ascending channel levels, and resistance at 119.40 down prices and trading Asfielhma
Is the opportunity to sell the objectives of up to 119.10 - 118.80
Up: a breakthrough price lower rib ascending channel and penetration resistance at 119.45 and closing prices above them levels
Is an opportunity to buy the objectives of up to 119.75 - 120.00
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 chart is showing that the pair has succeeded in closing it's daily candle above level 119.18 , and that's mean the up trend is still standing and the pair might head to 120.70 and then 121.20 , good luck .
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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