Jnwsk
Short

USDJPY ANALYSIS WEEK OF JULY 24, 2016

FX:USDJPY   U.S. Dollar / Japanese Yen
Weekly:
Price has hit a major support area at 101.500. It has been a nice test but It will have to retest it sooner or later.

Daily:
Looking at the daily price is moving on a nice downtrend. Price hit and rejected the 50 MA numerous attempts confirming it has turned into a dynamic resistance.

4 Hour:
There can be either of two areas which can bring price down to make a lower low. 106.500 - 107.500 range and/or 109.000 if price decides to move that far for its continuation down.
A nice TP should be around 99.500 area.

Wishing everyone a good trading week!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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