empty
 
 
22.09.2022 03:02 PM
Bearish reversal in USDJPY.

This image is no longer relevant

Red lines- bullish channel

Black lines- Fibonacci retracements

USDJPY has broken out of the short-term bullish channel it was in since the end of July. Price has so far retraced nearly 38% of the rise since July's lows. Combined with the fact that USDJPY is also providing bearish RSI divergence warning signals on higher time frames, we believe that there are increased chances of a bigger pull back. USDJPY is expected to continue lower after this break down out of the bullish channel. We expect price to reach 140 and over the coming days, most probably next week, to continue lower towards 137-136. We believe an important high was made yesterday at 145.91. At least a pull back towards 137-136 is very likely as the RSI is turning lower from overbought levels and after bearish divergence signals.

Ringkasan
Urgensi
Analitik
Alexandros Yfantis
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback