charts247
Short

USDJPY RESUMES NORMAL SERVICE, LOWER PRICES EXPECTED

FX:USDJPY   U.S. Dollar / Japanese Yen
This pair we took a short on monday and we got stopped out. The pair then continue toirritate the seller up to112.89 area before giving up. The price action we have seen since then is pretty clear, price currently trading below 112.48 which is a strong indicator for us that buyers are now scrambling out of this pair. A break below 112.14 will be more telling as this will open up 111.32 area.
110.66 is what we are looking for before any other move in the pair. A trade above 112.90 will invalidate this current setup.
GLT             and trade with care.
Trade active:
snapshot

Price have not manage to stay above the 112.90. Below 112.62 we expect lower prices.
Comment: Price below 112.62 after unemployment! Short is the only option from here.
GLT and trade with care.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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