USDJPY: medium-term buys of the pair. | 27 September 2021

27 September 2021, USD/JPY

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 109.916-109.997. At the moment, the pair is trading higher, indicating the strength of buyers.USDJPY: medium-term buys of the pair.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 109.322-109.413. At the moment, the pair is trading higher, indicating the strength of buyers.

• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 27.09.2021.

• Quotation of the higher boundary of the zone 1/4-110.346.

• Quotation of the higher boundary of the zone 1/2–109.886.

• Intraday objectives: update the highs from 27.09.2021-110.810.

• Medium-term objectives: test the lower bound of WCZ –111.075.USDJPY: medium-term buys of the pair.

• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.

• Buy: 109.886-110.346, Take Profit 1-110.810, Take Profit 2-111.075.

• 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 .