Download MetaTrader 5

FOREX ANALYSIS - page 30

deresel
445
deresel  
USD/JPY:
Key levels to watch for:
Support: 102.70; 101.75; 100.05;
Resistance: 104.35; 105.45.
AzaForex
158
AzaForex  


If the resistance level is broken you can use the following recommendation:
Chart timeframe: H4
The trade recommendation: Buy
The level of entry into long position: 790
The level of profit and close the position: 810 (2000 pips)

More on web site AzaForex

AzaForex
158
AzaForex  

 

Changing money to make money some foreign exchange secrets.
If the support level is broken you can use the following recommendation:
•    Chart timeframe: H4
•    The trade recommendation: Sell
•    The level of entry into short position: 1.7135
•    The level of profit and close the position: 1.7000 (135 pips)

More on web site AzaForex

Ivan
370
Ivan  
The US dollar rose against the Japanese Yen on Friday. By the close of Asian session USD/JPY was trading at 103.78, gaining 0.07%. I believe that the support is now located at around 102.78, Monday's low, and resistance is at the level of 104.63 - the maximum of Thursday.
AzaForex
158
AzaForex  

 

If the support level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Sell
•             The level of entry into short position: 1245
•             The level of profit and close the position: 1230 (1500 pips)

More on web site AzaForex

willyw
160
willyw  

Euro Dollar / US Dollar-EURUSD As of 17/10/16

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar

Buy Target: 1.1031

Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!

 

A white body has formed as prices closed higher than open.

The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles.

The previous 50 candlestick bars, there are 27 white candles versus 22 black candles with a net of 5 white candles.

MACD is BEARISH as the MACD is below the signal line.

 The MACD crossed below the signal line 9 day(s) ago.  Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 1.77%, and has been fluctuating from a high of  1.124 to a low of  1.096.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergence signals during the last 5 periods.

The Stochastic Oscillator is currently below 20. This is an indication of the security being in an "oversold" condition. No Stochastic Buy or Sell signals generated today. The last signal was a Buy 18 Day(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell176 day(s) ago.

 

Currently the RSI does not show any Failure Swings. The RSI and price of Euro Dollar / US Dollar are not diverging.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

 

 The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a SELL 108 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 18 day(s) ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

BELOW its 20 daily moving average

 The current market condition for Euro Dollar / US Dollar is Very Bearish

Euro Dollar / US Dollar closed above the lower Bollinger Band by 7.9%.  Bollinger Bands are 1.61% narrower than normal.  The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

Ivan
370
Ivan  
The US dollar took a break in the Asian session on Tuesday after recent gains, retreating from the seven-month high against a basket of major world currencies, as investors assessed the likelihood of the Fed raising interest rates in the coming months.
In relation to the Japanese yen, the dollar slightly lost ground during the day and is trading near 103.98.
AzaForex
158
AzaForex  

 

If the resistance level is broken you can use the following recommendation:
Chart timeframe: H4
The trade recommendation: Buy
The level of entry into long position: 3.1150
The level of profit and close the position: 3.2000 (850 pips)

More on web site AzaForex

AzaForex
158
AzaForex  

 

If the support level is broken you can use the following recommendation:
•    Chart timeframe: H4
•    The trade recommendation: Sell
•    The level of entry into short position: 115.00
•    The level of profit and close the position: 114.00 (100 pips)

More on web site AzaForex

deresel
445
deresel  
The US dollar recorded a decrease against the yen on Wednesday. The pair opened at 103.86 and the price managed to break through the first support at 103.70. Eventually, after a volatile session, the dollar ended at 103.43. The pair continues to be in positive territory, which will likely follow the new test levels at 103.70.