USD/JPY Technical Analysis For 21st September 2015, H4 | 21 Septiembre 2015

21 Septiembre 2015, USD/JPY

Technical View:
USD/JPY is currently trading with a bullish bias. the pair failed to reach our target low of 118.37 but instead retraced from 118.83. Although the current move is pretty much bullish, we expect that, the course of the week, the downward movement to continue down probably to close below wave (c) or even lower. Traders trading this pair should observe other pair such as NZD/CAD, EUR/AUD, and AUD/CAD. These pairs have had a strong positive correlation of up to +0.96, this correlation is expected to continue.

Trade recommendations:

Wait and buy above 120.26, or sell at 121.32, any movements above 121.32 will signal further movements to the upper side.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus