Comments and forex-analytics from FBS Brokerage Company - page 47
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
MIG bank: technical analysts on USD/JPY
Technical analysts at MIG bank note that the greenback managed to break above the psychological 80.00 zone breaking out the large triangle. The specialists are bullish on USD/JPY in the medium and longer term.
If US currency manages to close above the post G7 intervention maximum at 82.00 and hold there, it will be able to advance to the post March 11 earthquake shock maximum at 83.30 and then to 85.50 (April 7 maximum). If the bulls push the pair above the latter, USD/JPY will rise to 88.70.
The specialists note that support levels are situated at 80.00 (potentially key level for the Bank of Japan) and 79.80 (61.8% Fibonacci retracement). Only if the pair closes below the latter, it will be poised down to 78.80.
Make friends love technical analysis
Hi everyone
I am a Vietnam and I love technical analysis, so today I registered forum members want to make friends with people