Threaded View
-
20-11-2017 08:17 AM #11
Chart Art: Yen Special With USD/JPY and AUD/JPY
Up and at ’em, forex brothas! Let’s get you a running start for the week by checkin’ out these hot long-term trend plays on USD/JPY and AUD/JPY!
After breaking above a descending channel, USD/JPY has encountered resistance around the 114.50 area and is on its way down.
Watch out for the 112.00 major psychological handle, which not only lines up with the broken channel resistance but also a 38.2% Fib support on the daily time frame.
What makes the level even more interesting is that the 112.00 MaPs is also near the 100 and 200 SMA support while stochastic is about to hit oversold territory.
Think the Greenback will find support at the level? Buying at the earliest signs of a bounce around 112.00 is a good idea if you think that the upside breakout is legit and that USD/JPY will revisit its monthly highs.
If you’re no fan of the dollar, though, then you could also wait for the pair to clear the 112.00 handle before placing your short trades. Just make sure you make good risk management decision, aight?
Breakout alert! AUD/JPY just cleared the 86.00 handle, which lines up with a rising trend line AND the daily chart’s 200 SMA that had been solid since mid-2016.
The 84.00 – 84.50 levels is the next area of interest, so y’all could use that as potential profit targets (for short-term bears) or invalidation points (for long-term traders).
A dip below said area of interest could drag the pair back down to its 82.00 lows. You could buy at current prices or you could wait for a retest of the broken trend line if you believe that the pair would see a retracement before it extends its downtrend.
If you think that we’re seeing a fakeout, however, then you could also wait for the Aussie to go back up above the trend line and aim for the 89.00 levels.
Forex Chart Settings:
Slow Stochastic: 14,3,3
100 SMA: Blue line
200 SMA: Red line
Chiến lược giao dịch với Stochastic Oscillator
Code:http://chienluoc100pip.com/chien-luoc-giao-dich-voi-stochastic-oscillator/
Website : https://nguyenphuochai.vn//
Mở TK HotForex: https://www.hotforex.com/?refid=116627
Mở TK Axitrader: https://goo.gl/iTGLce
Mobile : 0908950768 - Zalo - Viber
Không chia sẽ là hủy diệt- Sơn SVT
Tâm trạng không tốt-không trade ; thể trạng không khỏe -không trade
Thông tin của chủ đề
Users Browsing this Thread
Có 1 thành viên đang xem chủ đề này. (0 thành viên và 1 khách vãng lai)
Similar Threads
-
Phân tích thị trường mỗi ngày cùng instaforex!
By InstaForex Dane in forum Forex và Hàng hóaTrả lời: 54Bài viết cuối: 08-06-2018, 01:53 PM -
Report Phân tích Cung cầu.... & Tín hiệu BBs.... hàng ngày....!!!!
By mayhong in forum Nhận định Thị trườngTrả lời: 17Bài viết cuối: 09-03-2010, 03:04 PM
Bookmarks