USD/JPY : Daily Signal And Analysis from Instaforex

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Currency
Rates
EUR / USD
1.07910
USD / JPY
111.877
GBP / USD
1.28765
USD / CHF
0.98351
USD / CAD
1.32614
EUR / JPY
120.727
AUD / USD
0.66152

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mazri_2008

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Technical analysis: Important Intraday Levels for USD/JPY, December 27, 2019



In Asia, Japan will release the Retail Sales y/y, Prelim Industrial Production m/m, Unemployment Rate, and Tokyo Core CPI y/y. The US will also publish some economic data such as Crude Oil Inventories and Natural Gas Storage. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Resistance.3 : 110.06. Resistance. 2: 109.84. Resistance. 1: 109.60. Support. 1: 109.39. Support. 2: 109.15. Support. 3: 108.93.
 

mazri_2008

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For the dollar / yen pair, the key levels on the scale are : 109.02, 108.78, 108.61, 108.35, 108.17, 107.94, 107.70 and 107.53. Here, we determine the subsequent goals for the bottom from the local descending structure on January 2. Short-term downward movement is possibly in the range of 108.35 - 108.17. The breakdown of the latter value will lead to movement to the level of 107.94. Price consolidation is near this level. The breakdown 107.94 will allow you to count on a pronounced movement towards a potential target - 107.53. Price consolidation is in the range of 107.53 - 107.70 and from here, we expect a correction.

Short-term upward movement is possibly in the range 108.61 - 108.78.

The breakdown of the latter value will have the potential to form the top.

Here, the first goal is 109.02.

Main trend: descending structure of December 26, local initial conditions for the bottom of January 2

Buy: 108.61 Take profit: 108.76

Buy : 108.80 Take profit: 109.00

Sell: 108.35 Take profit: 108.18

Sell: 108.15 Take profit: 107.94
 

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Terima kasih untuk perkongsian analisis...
 

mazri_2008

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For the dollar / yen pair, the key levels on the scale are : 110.78, 110.39, 109.81, 109.58, 109.14, 108.86 and 108.46. Here, we are following the formation of a pronounced ascending structure of January 8. Short-term upward movement is expected in the range of 109.58 - 109.81. The breakdown of the last value should be accompanied by an impulsive movement to the level of 110.39. Price consolidation is near this level. For the potential value for the top, we consider the level of 110.78, from which we expect a pullback to the bottom.

Short-term downward movement is possible in the range 109.14 - 108.86.

The breakdown of the last value will lead to an in-depth correction. Here, the target is 108.46.

This level is a key support for the top. The main trend: building potential for the top of January 8.

Trading recommendations:

Buy: 109.58 Take profit: 109.80

Buy : 109.83 Take profit: 110.30

Sell: 109.14 Take profit: 108.88

Sell: 108.82 Take profit: 108.50





=
 

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terima kasih untuk ulasan yang disediakn terbaik dan teruskan perkongsian info tuan :)cgrock
 

mazri_2008

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For the dollar / yen pair, the key levels on the scale are : 111.38, 110.78, 110.39, 109.81, 109.58 and 109.23. Here, we are following the development of the upward cycle of January 8. At the moment, we expect a movement to the level of 110.39. The breakdown of which will allow us to count on movement to the level of 110.78. Price consolidation is near this value. The breakdown of the level of 110.80 should be accompanied by a pronounced upward movement. Here, the potential target is 111.38.

Short-term downward movement is possibly in the range 109.81 - 109.58. The breakdown of the latter value will lead to an in-depth correction. Here, the goal is 109.23. This level is key support for the top.

The main trend: the upward cycle of January 8.

Trading recommendations:

Buy: 110.40 Take profit: 110.76

Buy : 110.80 Take profit: 111.35

Sell: 109.80 Take profit: 109.58

Sell: 109.55 Take profit: 109.25
 

mazri_2008

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For the dollar / yen pair, the key levels on the scale are: 111.38, 110.78, 110.39, 109.81, 109.58 and 109.23. Here, we are following the development of the upward cycle of January 8. At the moment, we expect a movement to the level of 110.39. The breakdown of which will allow us to count on movement to the level of 110.78. Price consolidation is near this value. The breakdown of the level of 110.80 should be accompanied by a pronounced upward movement. Here, the potential target is 111.38.

Short-term downward movement is possibly in the range 109.81 - 109.58.

breakdown of the latter value will lead to an in-depth correction. Here, the goal is 109.23. This level is key support for the top.

The main trend: the upward cycle of January 8.

recommendations:

Buy: 110.40 Take profit: 110.76

Buy: 110.80 Take profit: 111.35

Sell: 109.80 Take profit: 109.58 Sell: 109.55 Take profit: 109.25

Read more: https://www.instaforex.com/forex_analysis/243423
 

mazri_2008

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Forecast for USD/JPY on January 16, 2020

The dollar against the yen suspended growth in front of the strong linear resistance of the price channels - upward (green) and downward (red). The price is supported by the MACD presented in a blue moving line at a price of 109.62. Yesterday the S&P500 grew 0.19%, and today Nikkei225 is adding only 0.08%, if the stock market does not rise in today's retail sales data then the correction may go deeper into this line. In general, potential growth remains. Overcoming the red price channel line at 110.25 opens the way for the price to the target range 110.83 / 98, to the Fibonacci level of 123.6%.




On the four-hour chart, the growing potential looks strong. The price is above the lines of balance and MACD, the Marlin oscillator is in the decline zone, but can easily go into the growth zone. Weak divergence may already be worked out.



The critical level that unfolds the trend is 109.29, which is October 30's maximum and the MACD line of a four-hour scale is located at the same level.

Read more: https://www.instaforex.com/forex_analysis/243425
 
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