Monday, January 23, 2012
USD-JPY Technical Analysis 24 January 2012
The USD-JPY is hitting the rock bottom, currently position at the new low 76.911 still there is no sign of reversal or correction. However the candlestick chart is already showing sign of weakness to move further downwards. At this point i believe there will be no more major bearish breakout as the traders fear the unexpected. Even if there is major breakout it should be fake :).
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Trade result for EUR-USD and AUD-USD on the 4th June 2016 As expected the EUR-USD and AUD-USD should go for major correction after an ex... -
Let's take a look at the historical chart of the major currencies traded in Forex over the course of 37 years period since 1978 until pr... -
Strong bearish signal has pushed the EUR-USD deep to oversold position, but is it going to stop soon when the Euro Zone market open or conti...
-
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Perio... -
The movement is now totally out of hand. Volatility is unpredictable and yet it is vigorously moving up and down between support and resista... -
EUR-USD trading last Friday 19 Feb 2016. There is a strong sentiment the EUR-USD might be heading for major correction upside as the MACD an... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe...
No comments:
Post a Comment