USD/JPY Forecast. Wave Analysis - ForexNews.PRO

Fundamental and technical analysis are often used here. The trading position is suitable for all types of markets: stocks, commodities, Forex. This strategy requires analysis of daily, weekly and monthly timeframes, holding an open position for at least several days to a month. Buy and Hold. Получить бонус $100 Recommended Broker 4 hour The USD/JPY remains in a downtrend but price is close to a strong support zone (green line) from the daily chart. 1 hour The USD/JPY is in a triangle chart pattern. A bullish break above the pattern could indicate the end of the downtrend whereas a break below the… Forex - a large-scale platform created for exchange transactions involving world currencies. The volume of trade in this market exceeds the total volume of all other foreign exchange markets. The daily trading turnover of the site is more than 6 trillion dollars. The Forex market is the leading trading platform among all world currency markets. Получить бонус $100 Recommended Broker Daily chart: The USD/JPY bullish momentum is either part of a wave A (dark green) or wave 1 (light green). In both cases a bearish retracement (wave 2/B) could take place before a 3rd bullish wave occurs. Weekly chart: The USD/JPY is in a larger triangle chart pattern with support… Instruments such as the US Dollar Index are weighted indexes which compare the Dollar's value relative to a basket of other currencies. For instance, at the time of writing this the US Dollar index is weighted as follows: Euro 57.6%,Yen 13.6%, British Pound 11.9%, Canadian Dollar 9.1%, Swedish Krona 4.2%, Swiss Franc 3.6%. Bitcoin, Gold, Dollar, EUR/USD, AUD/USD and USD/CAD Technical Levels 2021-03-01 17:00:00 Monthly Forex Seasonality - March 2021: 'Dollars' Mixed but Gold, Stocks Favor Weakness Founded in 2008, ForexLive.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. Forex Screener lets you scan the Forex market to find best trading opportunities. USD/JPY Price Analysis: Bulls target 106.95 USD/JPY bulls are in control into the Tokyo open and eye 107 the figure.The 15-min time frame offers prospects of a discount to target higher highs.The price is in bullish conditions according to the... Forex Technical Analysis: EUR/AUD, EUR/NZD, GBP/AUD, GBP/JPY, GBP/USD

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