2018.1.9 FX-ON submission time 09:30 Dollar/Yen price movement forecast and scenario
Dollar-Yen Forecast: Reviewing the Previous Dollar-Yen Price Movement Forecast
My wife is in the final month of pregnancy, so I am the site administrator who has quit drinking. With enforced abstinence, I’ve become healthier. I hope that the bad cholesterol will be reduced a bit during this period. The forecast for the 8th slightly missed on both sides.Previous Dollar-Yen Forecast (Click the image to jump to the article.)
Previous Dollar-Yen Forecast Dollar-Yen 15-minute Chart
Today’s Dollar-Yen Forecast: Building Scenarios for Dollar-Yen Price Movement
On the 8th, the price was pushed back at around the 113.300 resistance level for a moment. It has been holding around 112.850 and has recovered, so it might try another breakout upward.＜Posted 2018.1.9 08:50＞
● Scenario 1
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● Scenario 2
If it breaks below 112.874, it will drop to around 112.750–650, entering a range or correction. If it breaks below the range, it could fall to around 112.600–500. A breakout above the range or a correction could push it to around 113.050–112.950. After dropping to around 112.750–650 and then trading within that area again, a breakout below the range could push it to around 112.550–450. A breakout above the range or a correction could push it to around 112.950–850. If it drops to around 112.550–450 and the downside momentum strengthens, it could fall to around 112.200–100.
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● Scenario 2
If it breaks below 112.874, it will drop to around 112.750–650, entering a range or correction. If it breaks below the range, it could fall to around 112.600–500. A breakout above the range or a correction could push it to around 113.050–112.950. After dropping to around 112.750–650 and then trading within that area again, a breakout below the range could push it to around 112.550–450. A breakout above the range or a correction could push it to around 112.950–850. If it drops to around 112.550–450 and the downside momentum strengthens, it could fall to around 112.200–100.
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