Log in

Growth to 107.02

27 July 2016, USD/JPY

Daily chart: the pair chose a local bullish scenario, having bounced off the middle band (103.97) in the direction of 107.79 (upper band). ADX is weak, so a multi-directional movement may take place.

Growth to 107.02

Н4: a better shaped resistance is at 107.02 (plus the upper Bollinger band round level). Support is at 104.15 (lower band)

Growth to 107.02

Н1: a local bullish trend charge remains, so we're waiting for the finalization of 107.02

Growth to 107.02

Expectations: rise to 107.02 and then a downward bounce


1. Buy to 107.02

2. Sales from 107.02

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.