Technical Analysis Contest CLOSED

1stplaceUSD

2,500 $

2nd place USD

1,500 $

3rd place USD

1,000 $

4th place USD

750 $

5-10th place USD

500 $

11-15th place USD

250 $

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Place Pseudo
Prédictions

Instrument

Précision

Qualité

Bonus

Total

Prix
Mepcuk
1st place
17 EUS.IDX/EUR 0.0111% 8 0 98 $2000
bakerator96
2nd place
37 NZD/CAD 0.0840% 5 10 91 $1500
bezalex
3rd place
64 AUD/NZD 0.0183% 2 0 87 $1000
TforT
4th place
42 USD/NOK 0.0355% 4 0 84 $690
Desormo849EU
5th place
51 EUR/GBP 0.0595% 6 0 84 $500

Información del concurso

  
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USDjpy

usdjpy is bullish but steady for up trend....
it is trading up in daily chart but the movement low for both side...
it is expected that it will continue in uptrend for long time.. and will settle in the month end 111.50 level..
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USDJPY

The USDJPY appear in a clear bearish trend ( look at the trend line ) with the RSI and CCI oscillators that confirming this trend also in the short and medium period .
A further decline appear very probable at the moment , with the 61.8% support ( Fibonacci expansion ) that could to provide some relief , one time reached of course .
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USD/JPY to see further downfall. 107-108 expected

USD JPY has seen great fall since past 1 month. The trend shows clear reversal of previous uptrend on daily charts. Which is confirmed by Momentum and Moving average indicators.
Take Profit 1 : 109.70
Take profit 2 : 107.70
Stop loss : 112.90 after which it will continue uptrend.
Daily Chart: Green shows Target area
Weekly Chart : Confirms Downtrend.
Monthly Chart: Shows Uptrend Reversal on even a longer term.
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