Monday 23 Apr 2018

USD/JPY Technical Analysis

By TradeAcumen · February 15, 2018 · Comments Off
USD/JPY ·

Summary Target Level106.2516
Target Period4 hours
Stop Level106.5784 Analysis

Possible bearish price movement towards the support 106.2516 within the next 4 hours.

Supporting IndicatorsDownward sloping Moving Average Resistance Levels(B) 106.5784 4 hours high volatility level
Support Levels(A) 106.2516 4 hours low volatility level

Chart Date Range12-Feb-08:00 GMT->15-Feb-11:00 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

EURUSD Elliott Wave View: Still Trading Sideways

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

EURUSD Elliott Wave View: Still Trading Sideways

CL_F Elliott Wave View: Calling More Strength

SPX Elliott Wave View: Calling Reaction Lower Soon

USDCAD Elliott Wave View: Calling Intraday Bounce

Elliott Wave Analysis: USDCAD Moving in Impulsive Structure