Thursday, November 23, 2017

Fxwirepro USDJPY is approaching

Fxwirepro: USD / JPY is approaching the support level 124.00, we recommend buying above 124.05

Fxwirepro: USD / JPY is approaching the support level 124.00, we recommend buying above 124.05 • USD / JPY pair is preparing to test the support level at 124.00. This level, which is strong enough to keep the bears and should not allow the pair to fall below the level of 124.00. Pair should make a return bounce of the region 124 and reach levels of 124.50 and 124.90 in the short term.

• a good time to buy a currency pair will be to achieve levels 124,00-124,10 as soon expected strengthening of the US dollar against the Japanese yen.

• A strong support level is located at around 124.00 (minimum of 5 August), the breakthrough will lead the pair to the next support level at 123.79 (minimum of 4 August).

• The primary resistance level is near the mark of 124.44 (maximum of 5 August); a break above this mark would open the way to the level of currency 124.63 (38.2% correction).

Recommendation: Long positions above 124.00, targets 124.60 and 124.90, stop-loss level at around 123.40.

Resistance Levels:

R1: 124,26 (61,8% correction)

R2: 124,44 (maximum of 5 August)

R3: 124,63 (38,2% correction)

Support levels:

S1: 124,10 (minimum of 12 August)

S2: 124,00 (minimum of 5 August)

S3: 123,79 (minimum of 4 August)
http://goo.gl/IVwF7P

Related posts




  • Deal on GBPNZD


    deal on GBP / NZD A brief deal for GBP / NZD, was part of the risk, at the opening on Monday, from the estate of a strong support as the day and week,...




  • British pound peak after Brekzita


    British pound - peak after Brekzita After Brekzita every second Briton predicted the end of the United Kingdom over the next 10 years. These are shocking...




  • Breakdown level at forex


    Breakdown level at forex. Very often, beginners hear about the strategy on breakouts, with the majority of professional traders recognize it fairly high...




Next posts



  • Forecast for tomorrow levels for

  • No one believes Chinese central

  • Week for ruble went into red What

No comments:

Post a Comment

Quantina Straddle Trader EA 2016

Quantina Straddle Trader EA 2016 Auto Features 4-5-valued platform is supported and automatically detected. Is compatible with the types...