USDJPY: temporary uncertainty. | 27 February 2019

27 February 2019, USD/JPY

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 111.023-111.267. At the moment, the pair is trading lower, indicating the weakness of buyers.USDJPY: temporary uncertainty. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 110.675-110.746. At the moment, the pair is trading lower, indicating the weakness of buyers. 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 25.02.2019. Quotation of the higher boundary of the zone 1/4-110.781. Quotation of the higher boundary of the zone 1/2–110.350. Intraday objectives: update the lows from 25.02.2019–111.241. Medium-term objectives: test the lower bound of SWCZ –111.990.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)

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .