Flat day

3 August, 2015

USD/JPY

Daily chart flat state of ADX and Bollinger envelopes say that the pair will spend the day (and the nearest time) within the present range: the upper envelope (123.39-125.17)

Í4: ëîêàëüíîå ñîïðîòèâëåíèå íà 124.43

Í1: and even more localized level resistance (124.26, the upper Bollinger band).

Expectations: touch of 124.26 and falling to 123.94.

Trading solutions:

1) We shall either refrain from trading today, or sell from 124.26, without expecting to get global profit.


Source  
Range 1.5586-1.56516 Aug, 2015  

Daily chart: the pair continues to be a wide flat range within the envelope Bollinger (1.5417-1.5711). Expectations: touching zone 1.5586 and rising to 1.5651...

We do not expect much volatility today4 Aug, 2015  

The daily chart: it is likely that flat status of ADX forecast to the Pound the day with a low volatility. We expect a calm trading around the middle Bollinger band (1.56)...

Target is at 125.1731 Jul, 2015  

Daily chart: the upper Bollinger band rose even higher - at 125.17 and now this mark is an actual target for growth. So, we wait for growth to 125.17, but in the area of 124.47 we can probably meet turbulence and a possible rollback...


We shall buy to 125.0930 Jul, 2015  

Daily chart: the pair has predictably broken Inside bar up and now is moving to the upper Bollinger band (125.09) (125.09)...

Looking for short signals from resistance 1.1140 or 1.122428 Jul, 2015  

Daily chart: the Euro preserves a growing tendency and continues to rise to the upper Bollinger band (1.1224), which, given the state of ADX, is likely to be corrected downwards to the middle band (1.10)...

Weekly review: gold, S&P500, Brent oil27 Jul, 2015  

Monthly chart: scenario of reversal is justifying itself. Northern marks are still achievable, but the bullish momentum has depleted to a notable extent...


Support is possible around 1.078921 Jul, 2015  

Daily chart: Euro is still forced down. Currently the target is 1.0789 (the bottom Bollinger band). Somewhere you meet a significant support for a correction and as a result new sales area to move on trend...

Weekly review of S&P500 index, oil and gold20 Jul, 2015  

Monthly chart: bulls bolted off to work on the upper Bollinger band (2190.6), but ADX is persistent in its decline, so we are waiting for a downward reversal...

Taking a rest17 Jul, 2015  

Daily chart: the price has preserved an ascending dynamics towards the upper Bollinger band (124.67). The pair may stay within a flat 123.96-124.17 or break the corridor to the bottom to 123.69 and probably to 123.04...