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KAIZEN
Sep 11, 2017 12:23 PM

End of Week Chart Review 10th September 2017 Short

U.S. Dollar/Japanese YenFXCM

Description

End of Week Chart Review
10th September 2017

Economic Calendar
14th September = US CPI
21st September = US interest rate announcement
29th September = JAP CPI

>>Nothing that will jolt the market.

Monthly Chart
At 109 – strong support
EMA 7 is already below EMA 30
EMA 50 is lowest
= Bearish

Weekly Chart
Candlestick = red long body
= bearish

MACD = bearish

Next s/r level = 108 and 107.5

=>
This week: I am not entering because I want the September month candlestick to fully complete.
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