USDJPY Elliot Waves Analysis For 30th November 2015

30 November 2015, USD/JPY

USDJPY Elliot Waves Analysis For 30th November 2015
Wave Analysis:
USDJPY is currently trading with a bullish bias. We expect USD/JPY to trade in the higher ranges for wave (b) to end at 123.75. Technically, we will remain long with targets at 123.27, and the next target at 123.63. This pair is strongly positively correlated to USD/CAD, HKD/JPY, and EUR/AUD. Therefore, only buy or sell USD/JPY, if all the other positively correlated pairs are giving the same signal.

Trade Recommendation:

Remain long with targets at 123.27, and the next target at 123.63

Graham Osano
See also:
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
© 2004—2019 FreshForex – Forex broker
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus

FreshForexInstant deposit