Target is at 125.17

July 31, 2015

USD/JPY

Daily chart: the upper Bollinger band rose even higher - at 125.17 and now this mark is an actual target for growth.

Í4: local resistance is on 124.47

Í1: confirms resistance at 124.47 and a possible breakout of the upper envelope against this level can take place.

Expectations: So, we wait for growth to 125.17, but in the area of 124.47 we can probably meet turbulence and a possible rollback.

solutions:

1) We are looking for Buying opportunities around 124.20 targeting at 125.17

Publication source
FreshForex information  FreshForex reviews

September 29, 2016
OPEC blinks
Yesterday decision by OPEC to restrict oil supply has pushed the price of crude higher by some 5%. The move took the markets by surprise, with the divisions between Iran (who are still enjoying their return to global markets)...
September 29, 2016
Gold weighed down by US data
The gold price is down for a second straight day today as investors await a raft of data from the US this week which may decide the question of an interest rate hike...
September 29, 2016
Informal OPEC meeting seizes limelight
Global stocks were chaotic on Tuesday with most equities vibrating between losses and gains as the mixture of anticipation ahead of OPEC - informal meeting and ongoing discussions over the results of the first presidential debate created explosive levels of volatility...

FXTM Rating
Fort Financial Services Rating
FOREX.com Rating
OANDA Rating
FXCM Rating
FxPro Rating

OptionBit Rating
Banc De Binary Rating
Anyoption Rating
Binary Brokerz Rating
TropicalTrade Rating
IQ Option Rating