Principal >
Datos analíticos de Forex
>
Pronóstico Fresco
>
Elliott waves for Forex correlation analysis
>
USD/JPY Technical Analysis For 14th October 2015

USD/JPY Technical Analysis For 14th October 2015 | 14 Octubre 2015

14 Octubre 2015, USD/JPY

USD/JPY Technical Analysis For 14th October 2015
Technical View:
USD/JPY is currently trading with a bearish bias. The pair went short and even crossed and closed below a key supportive trend line as previously forecasted. As long as the pair trades below this trend line, short positions will be ideal for trading but with stops at 119.003, and the next stop at 118.44, any movement below this level will signal further movements to the lower side probably up to 116.15. This pair is strongly positively correlated to HKD/JPY and GBP/JPY, thus they are expected to move in the same direction. Buy or sell the pair if all the other positively correlated pairs are giving the same signal.

Trade Recommendations:

As long as the pair trades below this trend line, short positions will be ideal for trading but with stops at 119.003, and the next stop at 118.44, any movement below this level will signal further movements to the lower side probably up to 116.15. This view can only be rendered futile if the pair manage to close above the support trend line, this will signal upward movements, thus buy positions will be ideal for trading

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión

Mostrar contraseña

Ocultar contraseña

 ¿Se te olvidó tu contraseña?
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.

Nuestros mejores premios:

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company does not provide services in the following countries.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.
© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.