manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

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.

Expectations:

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

2) Direct growth to 122.00

solutions:

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

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
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 .