empty
 
 
29.07.2019 03:47 PM
USD/JPY analysis for July 29, 2019 - Selling opportunity near the strong resistance cluster

Trading recommendation:

This image is no longer relevant

USD/JPY is trading sideways at the price of 108.65 but near the very important resistance (sell zone) at the price of 108.82-108.95. My advice is to watch for potential selling opportunities as long as the JPY is trading below the 109.00.

Red rectangle – Resistance 108.85

Pink rectangle – Support 1 (108.26)

Pink rectangle – Support 2 (108.02)

Stochastic oscillator is showing the bearish divergence on the most recent upward swings, which is sign that buyers became exhausted and that we might see downward movement in the future. On the MACD oscillator, I found decreasing on the upside momentum and that slow line did start to turn down, which is another sign of the potential downside. Watch for selling opportunities with the targets at 108.26 and 108.02.
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $10000 lebih lagi!
    Dalam Januari kami membuat cabutan bertuah $10000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget