DYSWIS
Long

USDJPY on the way to 112

FX:USDJPY   U.S. Dollar/Japanese Yen
66 0 3
Logical target is between the 33% and 38.2% retrace from NOV 2015 high somewhere around 107.6 and 108.8 . . . consolidation or a pull back after that and then on to the logical 50% retrace to +-112, where there is a lot of resistance if you look to the left on the dailies. DXY             looking good for 100+ and the USD seems to like Trump.
Comment: Well it motors on . . . no consolidation or pull back just yet but PRICE is now at a triple junction of a downward trendline (not on chart) / top of upward channel and 38.2% retrace, so if it's going to happen it should happen somewhere around here +/- otherwise PRICE will over extend itself leading to a bigger correction later on.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out