USDJPY: medium-term buys of the pair. | 15 September 2020

15 September 2020, USD/JPY

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 106.129-106.205. At the moment, the pair is trading lower, indicating the weakness of buyers.USDJPY: medium-term buys of the pair.

• Medium-term trend: temporary uncertainty. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 105.754-105.846. At the moment, the pair is trading lower, indicating the weakness 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 13.08.2020.

• Quotation of the higher boundary of the zone 1/4-106.158.

• Quotation of the higher boundary of the zone 1/2–105.354.

• Intraday objectives: update the highs from 13.08.2020-106.973.

• Medium-term objectives: test the lower bound of WCZ –107.386.USDJPY: medium-term buys of the pair.

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

• Buy: 105.354-106.158, Take Profit 1-106.973, Take Profit 2-107.386.

• 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
ปูมบันทึกอยู่ใน
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 .