USD/JPY short setup 做空

U.S. Dollar/Japanese YenFXCM

描述

⋅ Jan 5, 2017 4:51 AM

Short USD/JPY rallies, target 116/ 115.20/ 114.75

USD/JPY has breached strong support by 20-DMA at 116.99.

Technical studies have turned bearish. RSI and Stochs have rolled over from overbought zone.

MACD has shown a bearish crossover on signal line and momentum is lower.

Close below 20-DMA will see scope for test of 113.97 (23.6% Fib if 98.78 to 118.66 rally).

On the flipside break above 117.19 (5-DMA) could see test of 118.45 ( trendline )

ForexTradingSchool

⋅ Jan 5, 2017 11:46 AM

same idea?

T-Dias

⋅ Jan 5, 2017 4:58 AM

I on't understand this analyse, So you saying the trend is bearish now and will go down and not up?

FxWirePro

⋅ Jan 5, 2017 5:52 AM

@T-Dias, We don't see a reversal in trend as of now. The above was an intraday call. Trend definitely remains higher. But the pair finds major resistance at 118.35, which it is struggling to break.

Watch out for Friday’s NFP report which will shape up further direction.

T-Dias

⋅ Jan 5, 2017 5:54 AM

@FxWirePro, alright but now I am just confused about this UJ it went strong own an now up again..