USDJPY > Levels to Watch
Updated
USDJPY > Key Levels > 10/15-20/17
Timeframe: 1W
Pair still signals bullish trend strength in mid-term, with loss in momentum within longer-term range.
Averaging price within 111.000 to 113.000 range while expecting strong support @ 111.58 level.
Firm break and hold above 113.45 resistance possible rise to 114.00/50 levels.
Firm break and hold below 111.58 support possible further decline toward 110.95 levels.
R3 112.85 R2 112.59 R1 112.22
S1 111.58 S2 111.32 S3 110.95
Pivot Point @ 111.95
High volatility expected as I believe we are in the "wacky" season where up is down and down is up!
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Timeframe: 1W
Pair still signals bullish trend strength in mid-term, with loss in momentum within longer-term range.
Averaging price within 111.000 to 113.000 range while expecting strong support @ 111.58 level.
Firm break and hold above 113.45 resistance possible rise to 114.00/50 levels.
Firm break and hold below 111.58 support possible further decline toward 110.95 levels.
R3 112.85 R2 112.59 R1 112.22
S1 111.58 S2 111.32 S3 110.95
Pivot Point @ 111.95
High volatility expected as I believe we are in the "wacky" season where up is down and down is up!
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Note
BUT Entry order placedEntry @ 113.583
T/P @ 114.246
Note
BUY of courseNote
T/P changed to 114.424Day Trade only
Target 84.1 pips
Note
Entry changed to 113.726Note
Bullish trend remains as long as price stays above 112.00 level, extending to 114.50 areaNote
BUY Pending order cancelled. All live/pending orders closed for over weekendTotal P/L for week day trades = +331.6 PIPS
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