Forex Opinion & Analysis

USD/JPY Opportunity

 

USD/JPY
+0.16%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:


Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:


 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

DX
+0.02%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

Please name your holdings portfolio

Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:


Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:


 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

Bullish: USD/JPY is currently at 4.06 in a channel. We are looking for a continuation to the ATR target at 134.78 area and then the weekly ATR target of 135.55.

We have convergence in play for the up move. Watch the USDX for direction. The average daily true range (ATR) for the pair is 159 pips, and its 180-day average is 172 pips per day. USDX is currently threatening up.USDJPY opportunity

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button