USDJPY Technical Analysis For 2nd November 2015 | 02 Noviembre 2015

02 Noviembre 2015, USD/JPY

USDJPY Technical Analysis For 2nd November 2015
Technical View:
USD/JPY is currently trading with a bearish bias. The pair traded short despite the previous bullish candles. While its clear the market may be headed short, we expect the downward movement to be short term probably with a stop at 120.37, any movement below this level will signal further movements towards the lower side hence short positions will be ideal for trading. This downward movement is highly anticipated since other positively correlated pairs such as HKD/JPY and AUD/JPY are pretty much bearish.

Trade Recommendations:

Remain short on all these positively correlated pairs as long as AUD/JPY trades below 86.006, and HKD/JPY below 15.62.

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