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Forex Trading Floor
USD/JPY
Volatility in U...
Volatility in USD/JPY
2/8/2007 5:12:58 AM
rylan
6 posts
Volatility in USD/JPY
Mr. Yuan Tu in Tokyo asks my suggestions about his investments in USD. U guys will be preferred to give him technical advice.
2/8/2007 6:11:32 AM
conor
6 posts
Re: Volatility in USD/JPY
120,28. USD JPY is heading downwards by 1H exponential moving averages. Volatility is decreasing. 4H ForexSto (Modified Stochastic) indicate a expensive pressure on USD JPY. The price should find a resistance below 120,30/120,40. You can put the stop loss above 120,60 (-30 pips) and target for 119,80 (+50 pips) 119,40 (+90 pips). Wishing for a success!
2/15/2007 10:32:08 AM
BrianTran
155 posts
Re: Volatility in USD/JPY
USDJPY is at support here, possibly an excellent spot to go long, provided the price action in lower timeframe favor a reversal. From my post:
news.forexplane.com/Home/Forum/tabid/133/forumid/7/threadid/273/scope/posts/Default.aspx
You can see the monthly see to find that it's in a breakout process from a descending triangle. Watch carefully for any sign of breakout failure as it may happen, but this support here near 119.79 should provide those clues.
The sum is greater than its parts.
6/1/2010 2:28:18 PM
Wenalin
22 posts
Re: Volatility in USD/JPY
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Volatility in U...
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