Pair's goal is 116 number | 07 ديسمبر 2016

07 ديسمبر 2016, USD/JPY

Daily chart: previous day ended with bullish inside bar (which is, by the way, the opposite of EUR/USD situation. This is an additional technical indicator of pair growth predicting), so wait for the price to go to upper Bollinger band (116.71)

Pair's goal is 116 number

Н4: Upward potential is growing. Trading between 114.05 and 114.40 levels is possible.

Pair's goal is 116 number

Н1: There is a very simular situation. ADX is not strong enough, that's why there is a chance of a downward rollback to 114.06, where one can surely buy dollar.

Pair's goal is 116 number

Expectations: wait for a rise towards 116.71. In such case a preliminary rollback towards 114.06 is possible

Solutions: buy closer to 116.71 (extraday is possible). The best entry point is 114.06.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Aleksey Panasenko
محلل شركة FreshForex
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