Declining Flat | 06 Abril 2017

06 Abril 2017, USD/JPY

Daily chart: the pair is still trading within lower Bollinger envelope (109.29-112.36) declining slightly.

Declining Flat

Н4: much more narrow flat of 110.21-111.87 (Bollinger envelopes range). ADX parameters are changing, so it is not clear if downside breakout is likely to happen. However, momentum indicates that market is bearish.

Declining Flat

Н1: a valid trading range is 110.40-111.37. 100 pips are quite enough for trading. However, we would not recommend entering long while the price shifts rapidly as during the recent hours.

Declining Flat

Expectations: flat within 110.40-111.37

Trading signals: consider trading within 110.40-111.37.

Top up without commission FreshForex

Aleksey Panasenko
Analista de la empresa" 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.