Thread: Usd/Jpy
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The pair is expected to find support at 111.98, and a fall through could take it to the next support level of 111.74. The pair is expected to find its first resistance at 112.55, and a rise through could take it to the next resistance level of 112.87.
Going ahead, investors will look forward to the release of Japans trade balance, consumer confidence and Eco Watchers survey data, all due next week.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
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 pair stabilized trading near 112.00 against the yen after a bearish rebound appeared from 113.97 zones, as long as the price is below this level, the path downward correction will remain in place and effective for the coming period, supported by the negativity on stochastic and moving average 50 index.
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.
pair- usd/jpy
time frame- h4
technical analysis-
the price is moving in the down trend channel pattern with having the support at 110.40 level and resistance 113.50 level. now the price is try to make doji pattern and it will again down side. take short entry with stop loss at 114.00 and profit target 111.25
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.
generally, my dear in forex trading, I actually consider that USD/JPY is a good currency pair to trade with in forex trading business, because the spread charges is not much and it is very easy to trade with.
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.
Crawls dollar versus the yen up to approaching a retest of the critical resistance level of 113.97, accompanied by the arrival of the stochastic overbought areas, which is a negative factor adds further strength to the mentioned resistance, along with the SMA 50 is a negative pressure continuously in front of a short-term trading.
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 hamesha se stock par dpeend hokar he market me move karta hai aur ess pair ne ess week me kaafi up kiya hai kyunki yen weak hua hai har pair ke saat me,yahan par dhyaan se he trader ko kaam karna chahioye..
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.
pair- usd/jpy
time frame- h4
technical analysis-
the price is showing overbought as stoch moving above 80 level and in the price chart it is also fibo resistance level 61.8 level. the up movement may rejecting with 113.20 level. short with profit target at 111.00 level and stop loss at the 113.80 level.
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.
For those of you who like the pair USD JPY then you should use this opportunity to immediately take short positions. It is obvious that the trend down will begin. with the confirmation of Stoch indicator 525 which has been led down and exceeded the level of 80% then this indicates a strong sell signal. If you want to be patient waiting for confirmation of the moving average indicator then this will give a stronger signal in this analysis.
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 pair is shown against the yen some tilt upward slightly to test the 112.00 barrier now, while the moving average lasts 50 to form a negative pressure in front of a short-term trading, as long as the price is below the level of 113.97, the expectations for the downside will remain effective for the coming period, pending a visit 110.00 levels then 106.63 mainly.
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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