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Premarket view on the Yen

05 October 2015, USD/JPY

The daily chart: the pair has preserved horizontal flat channel 119.27-120.91, but it must be noted that it is bought on declines.

Premarket view on the Yen .

Н4: more localized flat range 119.43-120.32

Premarket view on the Yen.

Н1: the same limits of the flat as on Н4, but too active ADX. There is a possibility that the bulls will arrange the start up without a new decline.

Premarket view on the Yen.


1) decline to 119.27 and then splash to north to 120.32

2) Direct growth to 122.00


1) We wait with purchases around 119.27. Goals - 120.32 and 122.00 (extraday)

Aleksey Panasenko
Analyst of «FreshForex» company
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