Connect with us

Analys från ForexYard

USD/JPY ST: bullish bias above 120.

Published

on

USD/JPY ST: bullish bias above 120.

Pivot: 120

Our preference: Long positions above 120 with targets @ 126 127.7 in extension.

Alternative scenario: Below 120 look for further downside with 118.2 115.5 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair validated an ascending triangle but the deep pull back is lowering the strength of the signal.

Supports and resistances:

132 **

127.7 **

126 *

121.3850 Last

120 ***

118.2 ***

115.5 **

Copyright 1999 – 2015 TRADING CENTRAL

Analys från ForexYard

USD/JPY ST: rebound.

Published

on

USD/JPY ST: rebound.

Pivot: 116

Our preference: long positions above 116 with targets @ 123.8 126 in extension.

Alternative scenario: below 116 look for further downside with 113.85 110 as targets.

Comment: the RSI is well directed.

Supports and resistances:

127.7 **

126 ***

123.8 ***

121.628 Last

116 ***

113.85 ***

110 **

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Analys från ForexYard

Crude Oil (WTI) (H6) Intraday: further upside.

Published

on

Crude Oil (WTI) (H6) Intraday: further upside.

Pivot: 32.8

Our preference: long positions above 32.8 with targets @ 34.84 35.9 in extension.

Alternative scenario: below 32.8 look for further downside with 31.7 30.6 as targets.

Comment: the break above 32.8 is a positive signal that has opened a path to 34.84.

Supports and resistances:

36.7

35.9

34.84

33.58 Last

32.8

31.7

30.6

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Analys från ForexYard

Crude Oil (WTI) (H6) ST: caution.

Published

on

Crude Oil (WTI) (H6) ST: caution.

Pivot: 35

Our preference: short positions below 35 with targets @ 26 23.3 in extension.

Alternative scenario: above 35 look for further upside with 38.5 43.5 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:

43.5 **

38.5 **

35 ***

33.82 Last

26 ***

23.3 **

20 **

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.