First National Innovation Brokers Daily Technical Analysis April 03 USDJPY

Trading Discussion Currencies
1

The USDJPY was indecisive yesterday but overall still able to maintain its bearish correction bias. The bias is neutral in nearest term. Immediate resistance is seen around 93.50 followed by 94.00. Immediate support is seen around 93.20. A clear break below that area could trigger further bearish pressure testing 92.50 region. Overall I still prefer to buy on dips.


2

Signal given the pair, but the default correlation is boring these days, but the signal is very clear and quite powerful.
No demand for Yen yet.
The next decision will benefit us a support that will allow us to define the orientation of the price.
Buyer at first, the slight decrease of 19 June, I is an objective of 300 PIPS on separation a moving average 20 periods.

3

Hello Japanese

USDJPY is a powerful trend in online shopping as we will it.
then

  • If you go out of the top it will be a possible excess in Shorter
  • If it comes out the bottom, not to sell, wait for the pullback and then sell (very important)
4

98 stop position 0, oc trigger 97.80
97.60 new purchase order should not delay a move