Aug 122015
 

4XEagleEye Chart

2015.07.15 [ | ] Overall the direction remains unclear and price is moving in (123.82 – 121.09) range area, the instrument has a 50 – 50 chance of a recovery above (123.82) or a fall towards (121.09) in the coming session.You may try to buy from lower border and/or sell from upper border.

Market Snaphoot 1 Market Snapshots


Summary
Direction
Moving Avg.

Indicators.
Reversal Prob.
Oscillator
Candle Harmonic
123.72 124.15 124.57 124.96 125.38
122.95 122.64 122.32 122.00 121.57
Hourly Alerts
Neutral Trend Broken 15 Jul 2015 17:04:58 USDJPY is on up trend as long as it stays above (121.09), any 4 hours close below this level will change instrument`s direction. Traders should consider buying every depth with a stop loss below (121.09)
Sup/Res Penetrated 15 Jul 2015 16:42:39 USDJPY had penetrated the important level at (123.72)
Neutral Trend 15 Jul 2015 02:06:27 USDJPY is struggling in a battle between both market forces (bulls and bears) the instrument has a trading range to break. Any four hours close above (123.82) will open the way for a little push upward to test next resistance level, and a four hours close below (121.09) will let the instrument test the next support level.
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

  21 Responses to “USDJPY Technical Analysis Wed, 12 Aug 2015”

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