Jan 232015
 

4XEagleEye Chart

2015.01.23 [ | ] USDJPY maintains a bid tone for now. Break above (118.76) may trigger further recovery of the USDJPY. Going bellow latest swing low at (117.24), however, would confirm continuation of the bearish trend, towards next objective downwards (115.85).We will try to sell USDJPY from our mentioned resistance levels.

Market Snaphoot 1 Market Snapshots


Summary
Direction
Moving Avg.

Indicators.
64%
Reversal Prob.
Oscillator

Hammer

Candle

Harmonic
118.33 118.66 119.63 120.44 121.28
117.24 116.92 116.33 115.85 115.49
Hourly Alerts
Bullish Reversal Pattern minutes ago On USDJPY hourly chart there is a bullish reversal signal (Hammer). We recommend longing the pair with a stop loss below(Hammer)
Bullish Reversal Pattern minutes ago On USDJPY hourly chart there is a bullish reversal signal (Bullish Piercing Line Pattern). We recommend longing the pair with a stop loss below(Bullish Piercing Line Pattern)
Reverse Expected minutes ago There is 64% probability that USDJPY will reverse soon. Traders should consider buying the instrument or taking profits on current short trades.
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

  21 Responses to “USDJPY Technical Analysis Fri, 23 Jan 2015”

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