Community
Blog
Woolf's Blog

Woolf's Blog

Avatar

USD/JPY - is falling

Woolf Posted 25 Nov. as Analysis on USD/JPY, Target: 108.70, Date: 2nd of January, 12:00 GMT  in #Technical analysis #USD/JPY
Weekly chart

DAILY CHART

TREND:
short term (form November 2017) - market is downward trend
long term (from March 2017) - market is in consolidation

RANGE:
short term (form November 2017) - 111,00 - 114,50
long term (from March 2017) - 108,00 - 115,00

RESISTANCE:
112,00
113,00
114,20

SUPPORT:
110,30
108,00

ANALYSIS:
Looking at USD/JPY quotes we can see two elements: first on, the market is in upward trend from September 2017. The market moved from 117,50 area. Currently the …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

USD/JPY - CROSS TRIANGLE

Woolf Posted 19 Sep. as Analysis on USD/JPY, Target: 110.6000, Date: 3rd of November, 12:00 GMT  in #Technical analysis #USD/JPY
WEEKLY CHART:
Rates easily break the resistance at 105.50 from 12.2012. Now the market is a strong uptrend. I think that market will attack the last peak at 110.60/70 from 08.2008. I suppose that rates will keep in pink triangle to 03.11.2014.
DAILY CHART:
The breakout of the upside triangle (blue lines) will make a new highs to 113.70. Before that there is a resistance at 110.60/70 (weekly chart).
Support:
- 107.70
- 106.60
- 104.30
Resistance:
- 110.60
- 113.70
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments