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
Technical Analysis from IFC Markets
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="IFC Markets, post: 205626, member: 18359"] [HEADING=1]USD/JPY Technical Analysis - USD/JPY Trading: 2022-03-09 [/HEADING] [HEADING=2]USD/JPY Technical Analysis Summary Buy Stop: Above 115.90 Stop Loss: Below 115.68[/HEADING] [TABLE] [TR] [TD] Indicator[/TD] [TD] Signal[/TD] [/TR] [TR] [TD] RSI[/TD] [TD] Neutral[/TD] [/TR] [TR] [TD] MACD[/TD] [TD] Neutral[/TD] [/TR] [TR] [TD] Donchian Channel[/TD] [TD] Sell[/TD] [/TR] [TR] [TD] MA(200)[/TD] [TD] Buy[/TD] [/TR] [TR] [TD] Fractals[/TD] [TD] Buy[/TD] [/TR] [TR] [TD] Parabolic SAR[/TD] [TD] Buy[/TD] [/TR] [/TABLE] [HEADING=1]USD/JPY Chart Analysis[/HEADING] [IMG]https://ifccd.net/uploads/image/tanalysis/new/cf361f415ce2b0de82f8453fe619f8dac7992771.png[/IMG] [HEADING=1]USD/JPY Technical Analysis[/HEADING] The USDJPY technical analysis of the price chart on 1-hour timeframe shows USDJPY: H1 is climbing after breaching above the 200-period moving average MA(200) which is rising itself. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 115.90. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 115.68. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account. [HEADING=1]Fundamental Analysis of Forex - USD/JPY[/HEADING] Japan’s machine tool orders growth slowed in February. Will the USDJPY price climbing continue? Japan’s machine tool orders growth slowed in February: the Japan Machine Tool Builders Association reported machine tool orders rose 31.6% over year in February after 61.4% growth in March. This is bullish for USDJPY. [/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…