Flat | 07 Febrero 2018

07 Febrero 2018, USD/JPY

Flat

Wave Analysis:

Since few days ago, no significant move has been seen on this pair, the Us dollar is still rallying within a tight range, not going above 110.40 or below the 4 hour support level 108.50. As long as the price remains within this zone, we're only interested in trading reversals, if the price should break above 110.40, then we expect a possible bullish price movements towards 111.65, this pair should be traded alongside CADJPY, CHFJPY, NZDJPY and AUDJPY. These pairs have a strong positive correlation of up to +53% and will move in the same direction today. Only buy or sell the US Dollar if the other positively correlated pairs are giving the same signal.

Trade Recommendations:

Flat

FreshForex cancels commissions!

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.