Condizioni di trading
Strumenti
USD/JPY is under pressure and expected to continue its downside movement. The pair broke below both 20-period and 50-moving averages with strong downside momentum. In addition, the bearish cross between 20-period and 50-period moving averages has been identified, which indicates the bearish signal. The relative strength index is bearish and calls for a further decline.
Hence, as long as 113.20 is not surpassed, look for a new drop to 112.80 and even to 112.40 in extension.
Alternatively, if the price moves in the opposite direction as predicted, along position is recommended above 113.70 with a target at 114.20.
Chart Explanation: The black line shows the pivot point. The current price above the pivot point indicates a bullish position while the price below the pivot point is a sign for a short position. The red lines show the support levels and the green line indicates the resistance level. These levels can be used to enter and exit trades.
Strategy : BUY , Stop Loss: 114, Take Profit: 114.90
Resistance levels: 113.95, 114.20, and 114.75
Support levels: 112.80,112.40, and 112.00
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.