Aug 282014
 

4XEagleEye Chart

2014.08.29 [ | ] Strength in USDJPY is likely to continue. We see a less chances of an immediate fall on the instrument for short-term technical outlook. Next upside barriers follow (103.95) at (104.16) and (104.47). We will be looking to buy USDJPY upon any price retracement.

Market Snaphoot 1Market Snaphoot 1 Market Snapshots


Summary

Direction
Moving Avg.
Indicators.
Reversal Prob. Oscillator Candle

Bullish Gartley

Harmonic

103.95 104.16 104.47 104.67 104.87
103.50 103.17 102.97 102.77 102.57
Hourly Alerts
Up Trend one hour ago USDJPY is heading upward as long as it remains above (103.45) any four hours close above (103.95) will open the way for the instrument to test the next resistance level. Any four hours bare close below (103.45) will change instrument`s direction. Traders should consider buying every depth with a stop loss at (103.45).
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