USDJPY: medium-term sells of the pair | 07 October 2019

07 October 2019, USD/JPY

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.806-108.010. At the moment, the pair is trading lower, indicating the strength of sellers.USDJPY: medium-term sells of the pair

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 106.788-106.896. At the moment, the pair is trading lower, indicating the strength of sellers.

• 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 04.10.2019.

• Quotation of the lower boundary of the zone 1/4-106.807.

• Quotation of the lower boundary of the zone 1/2–107.296.

• Intraday objectives: update the lows from 04.10.2019-106.323.

• Medium-term objectives: test the higher bound of GWCZ –105.478.USDJPY: medium-term sells of the pair

• Trading recommendations: sells from the range of favorable prices 106.807-107.296 in the formation of a reversal pattern.

• Sell: 106.807-107.296, Take Profit 1-106.323, Take Profit 2-105.478.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

• TRADE METALS WITHOUT SWAPS!

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 .