USDJPY Elliot Waves Analysis For 8 Dec 2015 | 08 Diciembre 2015

08 Diciembre 2015, USD/JPY

USDJPY Elliot Waves Analysis For 8 Dec 2015
Wave analysis:
USD/JPY is currently trading with a bearish bias. The pair continues to trade within the rectangular formation it began the previous week. We are waiting for a cross above 123.78, for buy positions or a close below 122.30 for sell positions. Traders trading this pair should observe closely other pairs such as HKD/JPY, for similar price movements and EUR/GBP for exact opposite price action. Only buy or sell USD/JPY if HKD/JPY is giving the same signal and EUR/GBP is giving an exact opposite signal.

Trade Recommendation:

Buy above 123.78 with target at 124.21, and the next target at 125.61. And sell below 122.30 with targets at 121.70, and the next target at 121.45.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.