empty
 
 
03.09.2020 06:04 PM
Comprehensive analysis of movement options for the main currency pairs EUR/USD & EUR/JPY & GBP/JPY (H4) on September 4, 2020

Minute operational scale (H4)

The first half of the first month of autumn - options for the development of the EUR/JPY & GBP/JPY movement in the H4 timeframe from September 4, 2020.

____________________

Euro vs Great Britain pound

The movement of the "main" cross-instrument EUR/GBP from September 4, 2020 will occur depending on the development and direction of the breakdown of the range:

  • resistance level of 0.8912 - the lower border of the channel 1/2 Median Line of the Minuette operational scale forks;
  • support level of 0.8900 - the reaction line RL23.6 Minuette.

A break of the resistance level of 0.8912 will determine the development of the EUR/GBP movement within the boundaries of the 1/2 Median Line channel (0.8912 - 0.8927 - 0.8942) and equilibrium zones (0.8942 - 0.8968 - 0.8990) of the Minuette operational scale forks with the prospect of reaching the lower limit of ISL38.2 (0.9005) of the equilibrium zone of the Minute operational scale forks.

If this cross-instrument returns below the reaction line RL23.6 Minuette - a breakdown of the support level of 0.8900 - it will be possible to resume the downward movement of EUR/GBP and it will be directed towards the targets:

  • LTL control line (0.8865) of the Minute operational scale forks;
  • warning line LWL38.2 Minute (0.8800).

Details of the EUR/JPY movement since September 4, 2020 are shown on the animated chart.

This image is no longer relevant

___________________

Euro vs Japanese yen

The movement of the cross-pair EUR/JPY from September 4, 2020 will continue depending on the development and the direction of the breakout of the channel borders 1/2 Median Line (125.55 - 125.85 - 126.15) of the Minuette operational scale forks - the markings of the movement within this channel are shown in the animated chart.

In case of breaking the resistance level of 126.15 on the upper border of the channel 1/2 Median Line Minuette, the upward movement of the EUR/JPY will be directed to the goals:

  • initial SSL line (126.80) of the Minuette operational scale forks;
  • local maximum (127.50);
  • control line UTL Minuette (127.15);
  • control line UTL Minute (127.50).

A breakout of the lower border of the channel 1/2 Median Line Minuette - support level of 125.55 - option of the movement of EUR/JPY within the zone of equilibrium (125.55 - 125.10 -124.75) of the Minuette operational scale fork and channel 1/2 Median Line (125.30 - 124.65 - 124.00) of the Minute operational scale fork.

We look at the EUR/JPY movement options from August 27, 2020 on an animated chart.

This image is no longer relevant

____________________

Great Britain pound vs Japanese yen

From September 4, 2020, the movement of the GBP/JPY cross instrument will also develop depending on the development and direction of the breakdown of the boundaries of the 1/2 Median Line (141.15 - 141.60 - 142.00) of the Minuette operational scale fork - the markup for working out these levels is shown in the animated chart.

The breakdown of the upper border of the channel 1/2 Median Line operational scale Minuette fork - resistance level 142.00 upward movement of this cross-tool will continue to order:

  • initial line SSL Minuette (142.50);
  • local maximum 142.69;
  • UTL control line (142.85) for operating scale forks Minute;
  • the control line UTL Minuette (143.55).

A breakout of the lower border of the channel 1/2 Median Line Minuette - support level of 141.52 - will make the actual continuation of the development of the movement of GBP/JPY in the zone of equilibrium (141.15 - 140.65 - 140.10) of the Minuette operational scale forks of the achievement of the channel borders 1/2 Median Line (139.65 - 138.65 - 137.65) of the Minute operational scale forks.

Details of the development of the GBP/JPY movement from September 4, 2020 can be found on the animated.

This image is no longer relevant

____________________

The review is compiled without taking into account the news background, the opening of trading sessions of the main financial centers, and is not a guide to action (placing "sell" or "buy" orders).

Ratu Taslim,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback