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 25th September 2015, H4

25 September 2015, USD/JPY

Technical View:
USD/JPY continues to trade with the range 118.24 and 121.63. As long as the pair trades within this range, traders are advised to wait for clear breakout above/ below these levels before executing trades. As a precaution, observe other pairs such as HKD/KPY, and GBP/JPY for strong positive correlation. Only buy or sell USD/JPY, if all the other positively correlated pairs are giving the same signal. these pairs had a very strong posutive correlation of upto +0.96, this level of correlation is expected to continue during this intraday

Trade Recommendations:

Buy above 121.63, and sell below 118.24, with stops at 116.20

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.