Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

DannyBly

USD/JPY Levels

Recommended Posts

Looking at the USD/JPY daily chart we can see a nice channel guiding price upwards:

 

yenmon16.jpg

 

Price currently trading around the pivot, contained within S1 and R1:

 

yenmon162.jpg

 

Ichimoku chart looks bullish -trading above the Kumo and following the bullish Tenkan/Kijun crossover:

 

yenmon1623.jpg

Share this post


Link to post
Share on other sites
My comments as per on T2W mate - prefer it heading south at least for now.

 

 

I hope you were able to nab your 108.40-ish entry, GJ. Price is skittish at that level (owing to the evident interest in selling at that level). I'm personally looking for a slide back towards 105/06. We'll see soon enough.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.