USDJPY: medium-term sells of the pair. | 06 May 2022

06 May 2022, USD/JPY

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 129.911-130.348. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 129.964-130.225. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 04.05.2022.

• Quotation of the lower boundary of the zone 1/4 – 129.474.

• Quotation of the lower boundary of the zone 1/2 – 130.316.

• Intraday objectives: update the lows from 04.05.2022-128.643.

• Medium-term objectives: test the higher bound of WCZ –127.897.

• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.

• Sell: 129.474-130.316, Take Profit 1-128.643, Take Profit 2-127.897.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
¿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.