USDJPY: growth after the publication of Japan's trade balance

March 18, 2015

Buy on a level breakthrough of 121.50 with 122.00 target. Stop loss = 121.00.

Reason for the trading strategy
Japan's trade balance in February was minus 0.425 trillion yen. The decline in this indicator, which is included in the structure of Japan's GDP, will put pressure on the yen. On a resistance level breakthrough of 121.50 for the USD/JPY pair, it is worth considering opening long positions.


Publication source
EXNESS information  EXNESS reviews

October 21, 2016
EUR/USD remained unchanged after the ECB
The price maintained its bearish tone on Thursday. The EUR/USD pair stayed around its recent lows during the day. The euro slightly strengthened towards 1.1000 ahead of the US opening. The 50-EMA limited the euro recovery in the 1 hour chart...
October 21, 2016
Decisions on QE Postponed until December
Asian stock markets are narrowly mixed, with Japanese bourses managing marginal gains as the Yen falls against the Dollar. Stock futures in the U.S. are down...
October 21, 2016
EURUSD at $1.09, but declines could be limited
The ECB monetary policy meeting yesterday saw the euro give up its intraday gains to close on a bearish note. As Draghi signaled that the central bank would need time to assess the monetary policy situation...

Larson&Holz IT Ltd Rating
FXTM Rating
Fort Financial Services Rating
FBS Rating
XM Rating
OctaFX Rating

365BinaryOption Rating
Beeoptions Rating
IQ Option Rating
OptionsXO Rating
Porter Finance Rating
Anyoption Rating