manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Premarket view on JPY

14 March 2016, USD/JPY

Daily chart: pair is into horizontal corridor 111.99-114.59. Any trend moving would be possible after breaking through this range which could be called flat range.

 Premarket view on JPY

Н4: local bullish pressure. We are expecting rising to 114.59

 Premarket view on JPY

Н1: so we can consider north press of envelopes (with bullish moving from bottom line). But ADX is weak in limits of this frame so it is possible one more pullback to 113.60 (middle Bollinger line).

Expectation: touch zone 113.97-114.13, then pullback to 113.60 and rise to 114.59.

Trading decisions: buy from 113.60 with aim on 114.59

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

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .