USDJPY: temporary uncertainty. | 08 August 2019

08 August 2019, USD/JPY

Long-term trend: goes short.The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.944-108.148. At the moment, the pair is trading lower, indicating the strength of sellers.USDJPY: temporary uncertainty. Medium-term trend: temporary uncertainty. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 105.973-106.123. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.USDJPY: temporary uncertainty. Trading recommendations: the volumes of the medium-term trend impede the entry into the sell and 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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