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Andrei Zasypkin

Russian Federation

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USD / JPY 1 hour. It looks like the trend is heading north. The ascending triangle will make its way towards the new ascending channel. Now the price is near the support lines of both figures. It remains to wait for the divergence on the oscillator and to open the bay for retreat to the area of 110.50. It will be enough even to simply turn on the oscillator, but the convergence was already on it and has not been worked out yet.

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USD/JPY

AnriFTP Posted 2 Aug. in #Trader's blog

Considering at the moment the chart of H1 currency pair USD / JPY, you can see that today the pair broke the resistance level of 110.63 and tried to go beyond the upward trading channel, but the pair's growth kept the resistance level at 110.92. Indicators are already hinting at the possibility of correction and sale of the pair to the lower border of the channel and support levels at the levels of 110.27 and 109.98.

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USD/JPY - H4

AnriFTP Posted 5 Sep. in #Trader Contest

USDJPY closed near 104.00 resistance level on Friday and price action remains largely mixed after Friday’s strong bullish outside bar. Further upside can be expected on a close above 104.00 for a test of resistance at 106.00. To the downside, support at 102.00 could be tested ahead of further upside. The On the 4-hour chart, however, the bearish divergence points to a stronger correction down to 101.00 – 100.80 level, which could be tested on a breakdown of prices below 102.00.

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