FX:USDJPY   U.S. Dollar / Japanese Yen
41 0 2
Price has made a 78.6% retractive move which confluences with the R1 monthly pivot , trend-line and ichimoku cloud resistance. Bearish engulfing pattern formed at this confluence area.

Price has broken the counter trend line , which is enough confluences to place an entry short to an ambitious 104 target that confluences with the S1 monthly support, 104 round number and 27.2% fib extension.

There is key historical monthly support at 105.236 to watch out for.

EURJPY             has a similar set up

Watch out for high volatile data to be released on thurs and fri             US and fri             JPY.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out