Thursday 13 Dec 2018

USD/JPY Technical Analysis

By TradeAcumen · November 8, 2018 · Comments Off
USD/JPY ·

Summary Target Level114.1858
Target Period1 hour
Stop Level113.9282 Analysis

Possible bullish price movement towards the resistance 114.1858 within the next 1 hour.

Supporting IndicatorsUpward sloping Moving Average Resistance Levels(A) 114.1858 1 hour high volatility level
Support Levels(B) 113.9282 1 hour low volatility level

Chart Date Range06-Nov-12:00 GMT->08-Nov-22:00 GMT
Data Interval
RSI34 Candles
MA34 Candles

USD/JPY

Risk WarningSite visitors hereby acknowledge that: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

USD/JPY Technical Analysis

Elliott Wave Analysis: SPX Bounce Expected to Fail

Launching Long Term Position Trading In Forex by Abe Cofnas

Currencies, Commodities and Intermarkets By Abe Cofnas

Currency Pairs – Key Characteristics By Abe Cofnas

Types of Charts and How They Are Constructed by Abe Cofnas

Elliott Wave Analysis: SPX Bounce Expected to Fail

Elliott Wave View Expects More Downside in Exxon Mobil (XOM)

GDX Cycles from the January 2016 Lows

Elliott Wave View Supporting Further Strength in USDCAD

Elliott Wave View favoring more upside in NIFTY