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Readers of this article are likely interested in automated trading logic or EA (Expert Advisor) systems. The dollar/yen price movement forecast published on this site has received very high praise from readers who read the article, via Twitter direct messages and replies, or comments on the site, such as “too accurate to be believed,” “almost divine accuracy,” and “you can profit just from this site’s articles.”
Dollar/Yen Forecast: Looking Back at the Previous Dollar/Yen Movement Forecast
The previous forecast was somewhat optimistic. It seems something prevented it from stopping near 109.400. Recently, Kabu.com Securities’ charts have become harder to use, so I stopped using support and resistance lines as a habit. Perhaps there was something there.Previous Dollar/Yen Forecast: 2017.8.28 07:05 Post Scenario (Click the image to go to the article)
Previous Dollar/Yen Forecast: 2017.8.28 Dollar/Yen 15-minute Chart
Today's Dollar/Yen Forecast: Building a Scenario for Dollar/Yen Movement
I’m looking at the chart now, and this is bad. According to Stock-Measure’s forecast, around yesterday’s data. If it doesn’t stop the drop around 108.500, it may continue down to around 108.250.<Posted 2017.8.29 07:10>
● Scenario 1
If it stops falling around 108.500, it could rebound to around 108.850–109.050 and range-trade. If it breaks above the range, it could return to around 109.150; if it breaks below, it could slide to around 108.614. If it rebounds to around 109.150 and breaks the range upper bound, there is a possibility of rising to around 109.400.
● Scenario 2
It could fall to around 108.400, then rebound to around 108.800–850 and range-trade. If it breaks below the range, around 108.400. If it breaks above, around 108.950–109.050. If it falls to around 108.400 and then breaks the previous low, there is a possibility of dropping to around 108.000–107.500.
What do you think?If it stops falling around 108.500, it could rebound to around 108.850–109.050 and range-trade. If it breaks above the range, it could return to around 109.150; if it breaks below, it could slide to around 108.614. If it rebounds to around 109.150 and breaks the range upper bound, there is a possibility of rising to around 109.400.
● Scenario 2
It could fall to around 108.400, then rebound to around 108.800–850 and range-trade. If it breaks below the range, around 108.400. If it breaks above, around 108.950–109.050. If it falls to around 108.400 and then breaks the previous low, there is a possibility of dropping to around 108.000–107.500.
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