USD JPY intraday forecast (technical side) 2016-05-26

26 May 2016, 02:55
oleksandr bilokon
0
44

Chart:https://bi0l.blogspot.com/2016/05/usd-jpy-intraday-forecast-technical.html

Calculated daily level:

Support (S1 / S2 / S3 = 109,932 / 795/572), resistance (R1 / R2 / R3 = 110,378 / 110,515 / 738).

Key support levels (1st from 109.815 to 110.197 at the end of the day, the 2nd of 109.737 to 109.770).

OsMa marked divergence indicator that is the basis for planning of trading operations correction dominated sales.

Given the state of neutral oscillators Stochastics, forward test (S1, S2, up H1 broken, down W1), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term sales, on condition of formation of reversal and depreciation towards key levels, target levels are (S1, S2, up D1).

Shopping sense the condition of formation of key reversal levels with goals to increase (dowwW1), and (or) breakdown provided above for R1, R2, R3, R1 W1. 

 

 

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