USDJPY: temporary uncertainty. | 11 February 2019

11 February 2019, USD/JPY

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 109.661-110.225. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.USDJPY: temporary uncertainty. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 109.847-109.937. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 04.02.2019. Quotation of the higher boundary of the zone 1/4-109.723. Quotation of the higher boundary of the zone 1/2–10109.287. Intraday objectives: update the lows from 04.02.2019–110.154. Medium-term objectives: test the lower bound of GWCZ –111.088.USDJPY: temporary uncertainty. Trading recommendations: the volumes of the medium-term trend impede the entry into the buy transaction, I recommend staying out of the market.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
James Hoggarth
Analyst of FreshForex
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