USD/JPY Technical Analysis For 5th October 2015 | 05 Tháng Mười 2015

05 Tháng Mười 2015, USD/JPY

USD/JPY Technical Analysis For 5th October 2015
Technical View:
USD/JPY is currently trading with a slight bullish bias. The pair continues to trade with the range 121.06, and 118.38. the pair went short but bounced off from the level 118.38, and is currently trading above it. We are waiting for a clear movements above the key levels forming the range before a break out of the range can be declared. As long as the pair trades within this range, long positions are encouraged above 121.06, and short positions below 118.38, with stops at 116.54. Any clear movements below this level, will signal further movements to the lower side.This pair is strongly positively correlated to NZD/JPY and GBP/JPY, thus they are expected to move in the same direction during this intraday. Thus only buy, if all the other positively correlated pairs are giving the same signal

Trade Recommendations:

As long as the pair trades within this range, long positions are encouraged above 121.06, and short positions below 118.38, with stops at 116.54. Any clear movements below this level, will signal further movements to the lower side

Bob Stan
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .
manager photo manager photo
Online-support
Chúng tôi sẽ vui lòng trả lời bất kỳ câu hỏi nào bạn có thể có

Viết

Get bonus