Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
AceTraderFx : Daily Recommendations on Major
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="AceTRaderForex, post: 101648, member: 22847"] [B]AceTraderFx May 6: Daily Recommendations on Major -USD/JPY [/B] [IMG]http://www.trendsetterfx.com/image/common/flag/flag_yen.gif [/IMG] [B]DAILY MARKET OUTLOOK[/B] Update Time: [B]06 May 2016 [/B] [I]09:29 GMT[/I] [B]USD/JPY - 106.95[/B] Despite Tuesday's resumption of recent downtrend to a fresh 18-month trough at 105.55 in European session, subsequent strong rebound and brief spike up to 107.47 in Australia today suggests a temporary bottom has been made and consolidation with upside bias would be seen for gain towards 107.90/00. However, resistance at 108.73 would remain intact and bring another fall later. On the downside, only below 106.13 would confirm aforesaid recovery has ended and turn outlook bearish for a re-test of 105.55, break would extend Medium Term downtrend to 105.05/10. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…