empty
 
 
04.11.2022 03:09 PM
USDJPY analysis for November 4th, 2022.

This image is no longer relevant

Red line- channel resistance boundary

USDJPY is on the verge of providing a new bearish signal according to the Ichimoku cloud indicator. As we mentioned in previous posts, resistance at 148.90 remains key and bears are still unable to break above it. Instead, we have witnessed a rejection at the resistance and price rolling over lower. Although price remains inside the medium-term bullish channel, using the Ichimoku cloud indicator in the 4 hour chart we observe price close to breaking below the Kumo (cloud). Price is trading below both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). The Chikou span (black line indicator) is also breaking below the candlestick pattern. All signs point to a short-term trend reversal, implying that USDJPY is vulnerable to a move towards 140.

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 $1000 more!
    In April we raffle $1000 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