manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

USD/JPY Technical Analysis For 24th September 2015, H4

24 September 2015, USD/JPY

Technical View:
USD/JPY is currently trading with a slight bearish Bias. The pair continues to trade within the range 121.34, and 118.50 despite the break out witnessed in GBP/USD. As long as the pair trades within this ranges traders are advised to only buy or sell along these levels forming the range. USD/JPY is strongly positively correlated to HKD/JPY and CAD/JPY, this level of correlation is expected to continue for the better parts of this intraday.
Trade Recommendations:

Buy above 121.34 with stops at 122.37, and the next stop at 123.77. or sell below 118.50 but with stops at 116.17.

Graham Osano
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.