2018.2.27 FX-ON submission time 07:05 Yen-dollar price movement forecast and scenario
FX Study: Reviewing the Previous USD/JPY Price Movement Forecast
I started posting videos yesterday. The video was filmed on Sunday, and the scenario was posted on Monday, but the initial GU movement in the first thing in the morning changed the premise, so I slightly adjusted the video scenario. As you’ll notice when watching the video, the voice is difficult to understand, so I convey information using text in addition to the video. Video editing takes time, so the videos posted on the site every day are uploaded without editing. I analyze strictly on the right side of the chart and forecast the day’s price movement, so please understand that. Yesterday, the downside move was almost spot on, but the rebound portion wasn’t analyzed as a focus, so I couldn’t hit the mark there.Previous USD/JPY Forecast (Click the image to go to the article)
Previous USD/JPY Forecast USD/JPY 15-minute Chart
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Today’s USD/JPY Forecast: Building a Scenario for USD/JPY Movement
Today, I woke up just before 5 and filmed a video, but the first take didn’t work because the microphone switch wasn’t on. I managed to decide on the second take, checked the video content, and uploaded it. I tried a bit of editing on Sunday, but it takes a lot of time. Even small changes can take almost an hour, so editing isn’t feasible given the plan to post site articles in the morning. From March, since I plan to post site articles after 13:00, editing might become possible. As issues become clearer, I plan to upgrade the microphone for better sound quality and purchase editing software. Until then, please bear with a slightly less readable presentation.<Posted on 2018.02.27 07:00>● Scenario 1
Currently published on the site
● Scenario 2
If the price breaks below the 106.800–106.950 range, it will fall to around 106.700–106.600, resulting in a range or a correction. If it breaks below the range, it could fall to around 106.550–106.450. A break above the range or a correction could push it to around 106.950–106.850. After a fall to around 106.550–106.450, it may again range or correct around that area. If it breaks below the range from the support, it may fall to around 106.300–106.200. A break above the range or a correction could push it to around 106.850–106.750. If the price drops to around 106.300–106.200 and the downward movement strengthens, there is a possibility of breaking below 106.000.
Currently published on the site
● Scenario 2
If the price breaks below the 106.800–106.950 range, it will fall to around 106.700–106.600, resulting in a range or a correction. If it breaks below the range, it could fall to around 106.550–106.450. A break above the range or a correction could push it to around 106.950–106.850. After a fall to around 106.550–106.450, it may again range or correct around that area. If it breaks below the range from the support, it may fall to around 106.300–106.200. A break above the range or a correction could push it to around 106.850–106.750. If the price drops to around 106.300–106.200 and the downward movement strengthens, there is a possibility of breaking below 106.000.
Forecasting USD/JPY in a Video
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