15 July 2016, USD/JPY
The daily chart: ADX is turning up, so resistance 106.51 (the upper Bollinger band) may be under load, which in turn can lead to growth (in the medium run) for a few hundred points. This is just as probable as a downward rebound from 106.51 (blue arrow).
Н4: the first signs of divergence of the oscillator with resistance around 106.51 (the upper Bollinger band). Support is at 104.51 and
Н1: On the local level we also see a bearish divergence. The resistance is around 106.10-106.51
Expectations: touch of 106.10-106.51 followed by decline towards 104.51 and 103.41
Solutions: Sell from around 106.10-106.51 (after we get sell signals!)
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us