We buy from 122.68 to 123.24

May 27, 2015

USD/JPY

Daily chart: A massive breakthrough of the upper envelope. We are waiting for retest of the middle Bollinger band (120.40) and growth to new Highs.

Í4: Support is better shaped here 121.92 (the middle Bollinger band)

Í1: Today it is a flat within 122.68-123.24

Expectations: Decline to 122.68and growth to 123.24

Trading decisions:

1) We buy from 122.68 to 123.24

Publication source
FreshForex information  FreshForex reviews

September 28, 2016
US presidential debate moves unwind
The market’s initial response to the US presidential election debate overnight was a clear sigh of relief. The Mexican Peso, which had hit a record low against the dollar just the day before, surged higher, as too did the Canadian dollar...
September 27, 2016
Markets start last week of September on the back foot
It hasn't been a great start for global equities in this last week of September, with European indices dropping between 1.0 to 1.5 per cent during Monday’s morning session, mirroring a similar performance in Chinese and Japanese markets overnight...
September 23, 2016
Gold rises to critical level on lower-for-longer policy signals
The price of gold extended its rebound modestly on Thursday after the US Federal Reserve provided some key signals on Wednesday that, despite a considerable probability of one Fed rate hike by the end of this year...

Fort Financial Services Rating
FIBO Group Rating
FxPro Rating
HYCM Rating
Vantage FX Rating
FOREX.com Rating

Grand Option Rating
OptionTrade Rating
Porter Finance Rating
365BinaryOption Rating
IQ Option Rating
OptionRally Rating