2017.8.17 08:05 USD/JPY price movement forecast and scenarios
Dollar/Yen Forecast: Reviewing the Previous Dollar/Yen Price Movement Forecast
Looking back at the results in MT4 makes the accuracy of this site's forecasts easier to understand. We forecast with concrete numbers, not using jargon or vague lines.Previous Dollar/Yen Forecast 2017.8.16 09:00 Post Scenario (Click the image to go to the article)
Previous Dollar/Yen Forecast 2017.8.16 Dollar/Yen 15-minute Chart
Today’s Dollar/Yen Forecast: Building a Scenario for Dollar/Yen Movement
I want to gauge how far the retracement will go. Or whether this retracement is not a real correction, but just a pullback, and assess the market’s judgment.＜Posted 2017.8.17 07:45＞
● Scenario 1
If a breakout above the range 110.100–200 occurs, it will extend toward around 110.300–350, then enter a range. If it breaks above the range, it may rise toward around 110.500–550. If it breaks below the range, it may fall to around 109.900–110.000. After rising toward around 110.500–550 and breaking above, there is a possibility to test the high of 110.941.
● Scenario 2
If a breakout below the range 110.100–200 occurs, it will fall toward around 109.800–900 and then enter a range. If it breaks below the range, it may fall to around 109.400–500. If it breaks above the range,109.900it may rise to around 110.100.
9:15 Correction with strike-throughIf a breakout above the range 110.100–200 occurs, it will extend toward around 110.300–350, then enter a range. If it breaks above the range, it may rise toward around 110.500–550. If it breaks below the range, it may fall to around 109.900–110.000. After rising toward around 110.500–550 and breaking above, there is a possibility to test the high of 110.941.
● Scenario 2
If a breakout below the range 110.100–200 occurs, it will fall toward around 109.800–900 and then enter a range. If it breaks below the range, it may fall to around 109.400–500. If it breaks above the range,
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