Technical analysis:
USD/JPY has been trading downside this morning and I see potential for the further downside movement towards lower references.
Trading recommendation:
Due to the strong downside pressure in the background and rejection of the important 142 level, I see potential for further drop.
Watch for the potential selling opportunities with the downside objectives at 137.80 and 133.70.
Stochastic oscillator is showing fresh downside break and overbought condition, which is good sign for further downside movement.
Resistance is set at the price of 142
週五EUR/USD貨幣對的K線呈現看跌格局,價格整合在日MACD線下方。今天的目標是確保收盤價低於1.1692水平。
週五,英鎊下跌超過80個點數,跌破了日均平衡線和關鍵信號水平1.3510。此次下跌的原因是疲弱的GDP和工業生產數據。
InstaForex俱乐部
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.