Take a look at our analysis for USDJPY.
Time Frame: 4H
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key level: 156.951.
Considering the today's price action, probabilities will be high to see a movement to 155.554.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought
Time Frame: 4H
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key level: 156.951.
Considering the today's price action, probabilities will be high to see a movement to 155.554.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought
Trade active
Trade active
Trade closed: target reached
Trade active
Trade active
Active short tradeTrade active
Trade closed: target reached
Trade active
Trade closed: target reached
Trade active
Trade closed: target reached
Trade closed: target reached
Trade active
Trade closed: target reached
Trade active
Trade closed: target reached
Trade closed: target reached
Trade closed: target reached
Trade closed: target reached
Trade closed: target reached
Trade closed: target reached
Trade closed: target reached
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Daily free forex & gold signals ✨
100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.