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USD/JPY beaten back from the big Fib once again

Discussion in 'Technical Analysis' started by ForexLive, May 13, 2016.

  1. ForexLive

    ForexLive Forum Member

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    USD/JPY retreats towards the lows of the day USD/JPY momentarily rose above the 61.8% retracement of the post-BOJ drop and reached the best level since April 28 but it's slowly been beaten back.

    Read full forex technical analysis here
     
  2. Maxi89

    Maxi89 Member Trader

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    Well, the asset moves as I’ve predicted. I think that I can earn even more on USD/JPY! Definitely, the show must go on =) [​IMG]
     
  3. Maxi89

    Maxi89 Member Trader

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    The price on USD/JPY moves to resistance level. When 109,44 mark will be passed, I’m gonna buy.[​IMG]
     
  4. Maxi89

    Maxi89 Member Trader

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    I can’t see a favorable opening for a deal right now. Therefore, I’ll wait to see which of the variants is the right one.[​IMG]
     
  5. Maxi89

    Maxi89 Member Trader

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    I think that the USD/JPY asset would renew its minimum.[​IMG]
     
  6. Maxi89

    Maxi89 Member Trader

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    Well, the asset moves as I’ve predicted. I think that I can earn even more on USD/JPY! Definitely, the show must go on =) [​IMG]
     
  7. Andrew85

    Andrew85 Active Member Trader

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    I think that usd/jpy asset will go down.
    [​IMG]
     
  8. Andrew85

    Andrew85 Active Member Trader

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    I can see an excellent entrance to the usdjpy market after passing the 102.00 level. The price will go down.
    [​IMG]
     
  9. Maxi89

    Maxi89 Member Trader

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    Well, the asset moves as I’ve predicted. I think that I can earn even more on USD/JPY! Definitely, the show must go on =) [​IMG]
     
  10. Maxi89

    Maxi89 Member Trader

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    I expect the price to fall up to 99.47 level approximately. Around this level, I will set the take profit order.[​IMG]
     
  11. Maxi89

    Maxi89 Member Trader

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    I expect the price to fall up to 100.14 level approximately. Around this level, I have set the take profit order.[​IMG]
     
  12. Maxi89

    Maxi89 Member Trader

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    I can see two scenarios here – the basic (1) and alternative (2).[​IMG]
     
  13. Maxi89

    Maxi89 Member Trader

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    Well, the asset moves as I’ve predicted. I think that I can earn even more on USD/JPY! Definitely, the show must go on =) [​IMG]
     
    Last edited: Sep 13, 2016
  14. Maxi89

    Maxi89 Member Trader

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    I can see two scenarios here – the basic (1) and alternative (2).[​IMG]
     

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