USDJPY intraday forecast (technical side) 2016-03-02

2 March 2016, 12:54
oleksandr bilokon
0
46
Calculated data levels:
Support (S1 / S2 / S3 = 112,66 / 19 / 111.41) and resistance (R1 / R2 / R3 = 114,22 / 69 / 115.47).
Key levels pыltrymky (1st from 113.26 to 1132.35 at the end of the day, the 2nd of 113.14 to 113.17).
Alternative purchases realized last trading day.
Indicator OsMa marked increase in activity oxen and Factor OB, which is the basis for planning of trading correction.
Given the state of OB oscillators Stochastics, expect a test levels R1, R2, (EMA521), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales, on condition of the depreciation of target levels is R1-w, or levels (EMA24,120), or to key resistance levels ,.

Alternative shopping makes sense provided rollback of R1-w, EMA24 above resistance R2 with the objectives of growth to R3.

Chart: http://bi0l.blogspot.com/2016/03/usdjpy-intraday-forecast-technical-side_2.html 

Share it with friends: