2018.2.5 FX-ON Submission Time 08:40 Dollar/Yen Movement Forecast and Scenario
Dollar/Yen Forecast: Looking Back at the Previous Dollar/Yen Price Movement Forecast
It seems that Satsuki Ariga has passed away. I was also shocked when I watched the morning news. What stood out to me is that she had children before becoming an adult, and as a newcomer parent myself, the feelings of that child and the regrets of the parents resonate with me as if it were my own experience. Dollar/Yen showed strong resistance to move higher. It easily broke through the 110.150–200 resistance level. Other than that, almost everything hit the mark.Previous Dollar/Yen Forecast (Click the image to go to the article.)
Previous Dollar/Yen Forecast: Dollar/Yen 15-minute Chart
Today’s Dollar/Yen Forecast: Building Scenarios for Dollar/Yen Price Movement
Starting today<Posted on 2018.2.5 08:05>
● Scenario 1
If it breaks above the range of 110.100–300, it will rise toward around 110.400, then retrace or consolidate. If it breaks higher from the range, it could rise toward around 110.500–600. If it breaks below the range or consolidates, it could drop toward around 110.050–100. If it rises to around 110.500–600 and then moves higher, it may move toward around 110.700–110.850. If it then breaks below the range or consolidates, it could fall toward around 110.100–200. If it rises to around 110.700–850 and the upside momentum strengthens, it could rise toward around 111.000–111.300.
● Scenario 2
If it breaks below the range of 110.100–300, it could fall to around 110.000, then consolidate or retrace. If it breaks lower from the range, it could fall to around 109.900–800. If it breaks higher from the range or consolidates, it could rise to around 110.300–200. After dropping to around 109.900–800, it may again consolidate around that area. If it breaks below the range, it could fall to around 109.700–600. If it breaks higher from the range or consolidates, it could rise to around 110.200–100. If it drops to around 109.700–600 and the downside momentum strengthens, it could fall to around 109.400–200.
If it breaks above the range of 110.100–300, it will rise toward around 110.400, then retrace or consolidate. If it breaks higher from the range, it could rise toward around 110.500–600. If it breaks below the range or consolidates, it could drop toward around 110.050–100. If it rises to around 110.500–600 and then moves higher, it may move toward around 110.700–110.850. If it then breaks below the range or consolidates, it could fall toward around 110.100–200. If it rises to around 110.700–850 and the upside momentum strengthens, it could rise toward around 111.000–111.300.
● Scenario 2
If it breaks below the range of 110.100–300, it could fall to around 110.000, then consolidate or retrace. If it breaks lower from the range, it could fall to around 109.900–800. If it breaks higher from the range or consolidates, it could rise to around 110.300–200. After dropping to around 109.900–800, it may again consolidate around that area. If it breaks below the range, it could fall to around 109.700–600. If it breaks higher from the range or consolidates, it could rise to around 110.200–100. If it drops to around 109.700–600 and the downside momentum strengthens, it could fall to around 109.400–200.
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