2018.2.9 FX-ON submission time 09:45 Expected movements and scenarios for USD/JPY
Dollar/Yen Forecast: Reviewing the Previous Dollar/Yen Price Movement Forecast
We are making predictions about how prices will move in the time frame of day trading. The accuracy and conformity of these predictions are very high, and we have received many messages from people such as: “I used to lose, but after reading the scenarios I can now win!” “I understand the power of technical analysis. I will study more.” “Indicators are extremely valuable for discretionary trading!” We have received many emails and direct messages like these. However, as if destroying a quality site, the blog ranking suddenly disappeared. For a while, motivation dropped significantly, but we are somehow managing to stay connected. Please click the blog banner. Regarding the previous dollar/yen scenario, it was mostly accurate. In the middle, I tweeted real-time forecasts on Twitter to supplement.I was expecting a price range of 25–30 PIPS for the breakout of this consolidation, but I’m not sure. It may have broken lower.
— kinchanbbh3 (@kinchanbbh3)February 8, 2018
From looking at the four-hour chart, I imagine consolidation around the red arrows, and if the four-hour close enters within the yellow dotted box, it could revert to around 109.100–150.pic.twitter.com/bRwnK8WsLx
— kinchanbbh3 (@kinchanbbh3)February 8, 2018
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 a Scenario for Dollar/Yen Movement
If it breaks below 108.276, there is potential for a substantial drop. In terms of imagery, expect a drop toward around 108.000–107.800 where strong support and resistance exist, leading to consolidation, and possibly breaking below 107.000. If, in a prior article, the breakout from the flag was interpreted by the market as a false breakout, there is a possibility of a sharp drop to the 105 yen range.● Scenario 1
If it breaks above the range of 108.550–108.950, it could rise to around 109.100–150, then consolidate or adjust. A breakout above the range could push to around 109.250–350. If it breaks below or adjusts, it could fall to around 108.550–650. After rising to around 109.250–350, it may consolidate again around that area. A breakout above the consolidation could push to around 109.400–500. If it breaks below or adjusts, it could fall to around 108.850–950. If it rises to around 109.400–500 and the upside momentum strengthens, there is a possibility of moving beyond 109.750.
● Scenario 2
Currently published on the site
If it breaks above the range of 108.550–108.950, it could rise to around 109.100–150, then consolidate or adjust. A breakout above the range could push to around 109.250–350. If it breaks below or adjusts, it could fall to around 108.550–650. After rising to around 109.250–350, it may consolidate again around that area. A breakout above the consolidation could push to around 109.400–500. If it breaks below or adjusts, it could fall to around 108.850–950. If it rises to around 109.400–500 and the upside momentum strengthens, there is a possibility of moving beyond 109.750.
● Scenario 2
Currently published on the site
The continuation ishere
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