Free Forex signal For USD/JPY
We have seen a few brief dips below 122.00 in recent days but so far no regular hourly closes below. If we do get a sustained break, I will be looking at a bearish bias for this pair with a target at 117.50.
Showing posts with label US Dollar vs Japanese Yen. Show all posts
Showing posts with label US Dollar vs Japanese Yen. Show all posts
Forex Technical Analysis Forex blog uk
Analysis for July 3rd, 2015
After returning to level of 1.1100, Eurodollar has started consolidating inside a narrow channel. We think, today, the price may continue forming its descending wave with the target at level of 1.0930. After that, the pair may return to level of 1.1180.
EUR USD, "Euro vs US Dollar"
GBP USD, "Great Britain Pound vs US Dollar"
Pound is forming another consolidation channel. We think, today, the price may continue falling to reach level of 1.5506. Later, in our opinion, the market may form a correction to return to level of 1.5715.
Forex Technical Analysis 02.07.2015
Forex Technical Analysis EUR USD, "Euro vs US Dollar"
Eurodollar is under pressure and continues falling; it has formed the central part of its continuation pattern. We think, today, the price may test level of 1.1100 from below and then fall towards level of 1.0965. After that, the pair may return to level of 1.1100 once again and then continue falling to reach level of 1.0930.
GBP USD, "Great Britain Pound vs US Dollar"
Pound has broken its consolidation channel downwards right now is extending this descending structure. We think, today, the price may reach level of 1.5560, at least. Later, in our opinion, the market may return to level of 1.5715.
USD JPY, "US Dollar vs Japanese Yen"
Yen is moving to return to the center of its consolidation channel. We think, today, the price may continue forming the current descending wave to break the minimum and reach level of 120.60. Later, in our opinion, the market may grow to return to level of 122.22 to test it from below and then form another descending structure to reach level of 119.00.
Forex Technical Analysis 30.06.2015 Forex trading blog uk
Forex Technical Analysis Analysis for June 30th, 2015
EUR USD, “Euro vs US Dollar”
Eurodollar has eliminated the gap and almost completed its correctional structure. We think, today, the price may start another descending movement towards level of 1.1090 and then return to level of 1.1185. After that, the pair may continue falling to reach level of 1.0930.
GBP USD, “Great Britain Pound vs US Dollar”
Pound has tried to expand its consolidation channel both downwards and upwards. We think, today, the price may expand it downwards again. To reach level of 1.5560 and then form another ascending structure with the target at level of 1.5940. After that, the market may continue falling inside the downtrend.
USD JPY, “US Dollar vs Japanese Yen”
Yen is still consolidating. We think, today, the price may break the minimum and continue falling toward level of 120.80. Later, in our opinion, the market may return to level of 122.64 and then form another descending structure to reach level of 119.50.
EUR USD, “Euro vs US Dollar”
Eurodollar has eliminated the gap and almost completed its correctional structure. We think, today, the price may start another descending movement towards level of 1.1090 and then return to level of 1.1185. After that, the pair may continue falling to reach level of 1.0930.
Pound has tried to expand its consolidation channel both downwards and upwards. We think, today, the price may expand it downwards again. To reach level of 1.5560 and then form another ascending structure with the target at level of 1.5940. After that, the market may continue falling inside the downtrend.
Yen is still consolidating. We think, today, the price may break the minimum and continue falling toward level of 120.80. Later, in our opinion, the market may return to level of 122.64 and then form another descending structure to reach level of 119.50.
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Forex trading blog -Forex Technical Analysis 29.06.2015
Forex trading blog -Forex Technical Analysis :
EUR USD, “Euro vs US Dollar”
Eurodollar’s reaction to the Greek problem was a strong gap down. The pair has reached the target level of its descending wave and right now is moving to return to level of 1.1180. However, we should note that the market is expected to form another descending structure to reach level of 1.0930. After that, the price may return to 1.1180.
GBP USD, “Great Britain Pound vs US Dollar”
Pound has renewed the minimum of its consolidation channel. Such scenario implies that the price may extend its descending wave towards level of 1.5560 and then form another ascending wave with the target at level of 1.5940. After that, the market may continue falling inside the downtrend.
USD JPY, “US Dollar vs Japanese Yen”
The market was opened with a gap down and Yen reached the target of its descending wave. We think, today, the price may be corrected to return to level of 123.30 and then form another descending wave to reach level of 121.70.
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