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FOREX ANALYSIS - page 56

deresel
483
deresel  
USD/JPY
Key levels to watch for:
Support: 111.00;
Resistance: 114.00; 116.45; 118.30.
whiteking
384
whiteking  
Adp non farm unemployment change was released and data actual higher than forecast., impact for currency is good

usdjpy move large movement yesterday but now on down wave correction, gold on weekly also having tendencies to bearish
willyw
160
willyw  

US Dollar / Japanese Yen-USDJPY As of 08/03/17

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 114.8803

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 7 white candles versus 3 black candles with a net of 4 white candles.

The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles.

Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.MACD is BULLISH as the MACD is above the signal line.

 The MACD crossed above the signal line 6 day(s) ago.  Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.32%, and has been fluctuating from a high of 114.750 to a low of 111.690.

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 above 80. This is an indication of the security being in an "overbought" 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 Sell 52 day(s) ago.

 The RSI has just reached its highest value in the last 14 day(s). This is BULLISH signal.

 

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

The ADX is currently below both Plus and Minus Directional indicators. This should not use to initiate any trades right now.

 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 39 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy 4 day(s) Ago.

The close is currently

ABOVE its 200 daily moving average

ABOVE its 50 daily moving average

ABOVE its 20 daily moving average

  The current market condition for US Dollar / Japanese Yen is Very Bullish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 16.4%.  Bollinger Bands are 51.95% narrower than normal.  The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen's normal range.  Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term.  The Bollinger Bands have been in this narrow range for 13 day(s).  The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

 


AzaForex
158
AzaForex  
Trading strategy and signals for the currency pair USDTRY 03-08-2017 by AzaForex forex broker


If the resistance level is broken you can use the following recommendation:
•    Chart timeframe: 4 H
•    The trade recommendation: Buy
•    The level of entry into long position: 3.7460
•    The level of profit and close the position: 3.8100 (640 pips)


AzaForex
158
AzaForex  

 

If the resistance level is broken you can use the following recommendation:
•    Chart timeframe: 4 H
•    The trade recommendation: Buy
•    The level of entry into long position: 3.9800
•    The level of profit and close the position: 4.0100 (300 pips)

More on web site AzaForex


François*Thierry
135
François*Thierry  

Greetings,

Before NFP data trying to find the right direction is more or less guessing. Some success could be achieved just by scalping or on the other side - with long term trade :)

AzaForex
158
AzaForex  

Strategy and trading analysis on shares of the company Johnson & Johnson 03-10-2017 by AzaForex forex broker


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: 126.20
•    The level of profit and close the position: 128.20 (200 pips)



Ivan
406
Ivan  
The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2170, gaining 0.04%. I believe that support is now at 1.2134, Thursday's low, and resistance is likely at 1.2302, Monday's high.
willyw
160
willyw  

Weekly US Dollar / Japanese Yen-USDJPY As of 10/03/17

 

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

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

The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.

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

 The MACD crossed below the signal line 3 week(s) ago.  Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.95%, and has been fluctuating from a high of 115.503 to a low of 111.690.

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

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

 No Stochastic Buy or Sell signals generated today. The last signal was a Buy 42 Week(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 Sell 10 week(s) ago.

 

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

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

 

 The last Directional Movement Indicators (DMI) signal was a BUY 16 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 6 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

ABOVE its 50 weekly moving average

ABOVE its 20 weekly moving average

 The current market condition for US Dollar / Japanese Yen is Very Bullish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 37.5%.  Bollinger Bands are 48.09% wider than normal. 

 


willyw
160
willyw  

Daily US Dollar / Japanese Yen-USDJPY As of 10/03/17

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen

Sell Target: 114.6617  

Enter New SELL on OPEN and exit SELL 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 black body has formed as prices closed lower than open.

The previous 10 candlestick bars, there are 8 white candles versus 2 black candles with a net of 6 white candles.

The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles.

MACD is BULLISH as the MACD is above the signal line.

 The MACD crossed above the signal line 8 day(s) ago.  Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.85%, and has been fluctuating from a high of 115.503 to a low of 111.690.

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 above 80. This is an indication of the security being in an "overbought" condition. No Stochastic Buy or Sell signals generated today. The last signal was a Buy 20 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 Sell 54 day(s) ago.

 

Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen 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 41 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy 6 day(s) Ago.

The close is currently

ABOVE its 200 daily moving average

ABOVE its 50 daily moving average

ABOVE its 20 daily moving average

  The current market condition for US Dollar / Japanese Yen is Very Bullish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 7.4%.  Bollinger Bands are 47.63% narrower than normal.  The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen's normal range.  Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term.  The Bollinger Bands have been in this narrow range for 15 day(s).  The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.