Yesterday Dollar/Yen made an upward adjustment. The currency couple made a peak at 98.25 and closed the day at 97.67. From a long-term perspective, the longer the pair stays below 98.45, the longer the descending scenario will remain intact. Today's model of trading remains mixed with descending signals with for the long-term. Immediate support is seen at 96.45. First resistance today is yesterday's peak at 98.25. Stochastic and RSI indicators are neutral to upwards, signaling that consolidation towards higher levels is possible next days. The CCI indicator in the neutral zone on the four hour and daily charts, but crossed down the 100 line on the one hour chart time, giving a decreasing signals.
Technical resistance levels: 98.25 97.65 98.50
Technical support levels: 96.45 95.55 94.70
Trading range: 97.35 - 96.70
Trend: Downward
Sell at 97.23 SL 97.53 TP 96.83
Already made +9 pips profit on USD/JPY today from the following signal:
5:54 GMT Sell USD/JPY at 97.12 SL 97.38 TP 96.62 exited at 7:08 GMT.
Total today +91, yesterday +165, as shown in details at our web site.
- English (UK)
- English (India)
- English (Canada)
- English (Australia)
- English (South Africa)
- English (Philippines)
- English (Nigeria)
- Deutsch
- Español (España)
- Español (México)
- Français
- Italiano
- Nederlands
- Português (Portugal)
- Polski
- Português (Brasil)
- Русский
- Türkçe
- العربية
- Ελληνικά
- Svenska
- Suomi
- עברית
- 日本語
- 한국어
- 简体中文
- 繁體中文
- Bahasa Indonesia
- Bahasa Melayu
- ไทย
- Tiếng Việt
- हिंदी
USD/JPY Technical Analysis 14 November 2008
ByZIFX.com
Published 11/13/2008, 07:00 PM
Updated 01/01/2017, 02:20 AM
USD/JPY Technical Analysis 14 November 2008
USD/JPY Open 97.61 High 98.09 Low 95.23 Close 97.66
Latest comments
Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.