2017.8.7 21:45 The movement forecast and scenarios for USD/JPY
Dollar/Yen Forecast: Reviewing the Previous Dollar/Yen Price Movement Forecast
I totally forgot about the jobs data. Because I missed it on August 3 as well, it was two days in a row, but in fact the characteristic of the jobs data being released the day before and on the day makes Stock-Measure less useful, so in July I even stopped sending support emails and updating articles considering that, but I did it this month.Previous Dollar/Yen Forecast: 2017.8.4 06:50 Post Scenario (Click the image to go to the article)
Previous Dollar/Yen Forecast: 2017.8.4 Dollar/Yen 15-minute chart
Today's Dollar/Yen Forecast: Constructing a scenario for the Dollar/Yen moves
It started with a gap up. If it breaks above the previous day's high, a trend may emerge, so there could be a fairly large price movement.<Post on 2017.8.7 07:05>
● Scenario 1
If it clears above the 111.042 high on 8.4, it could extend to around 111.150–200, then pause and range. After that, if it breaks above this range, it could move to around 111.850–112.250. If it breaks below the range, it could fall to around 110.750–800.
● Scenario 2
If it breaks below 110.581, it could fall to around 110.450–500 and range. If it breaks below the range, it could fall to around 110.250–300. If it breaks above the range, it could rise to around 110.650–700. If it does not find support around 110.250–300 and moves further down, there is a possibility of falling to around 110.000.
If it clears above the 111.042 high on 8.4, it could extend to around 111.150–200, then pause and range. After that, if it breaks above this range, it could move to around 111.850–112.250. If it breaks below the range, it could fall to around 110.750–800.
● Scenario 2
If it breaks below 110.581, it could fall to around 110.450–500 and range. If it breaks below the range, it could fall to around 110.250–300. If it breaks above the range, it could rise to around 110.650–700. If it does not find support around 110.250–300 and moves further down, there is a possibility of falling to around 110.000.
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