Hello!
This is Satori from FX Research.
Today I will deliver the price level that will be watched this week for USD/JPY.
The figure below is a chart of the price levels that USD/JPY is paying attention to on the 4-hour chart.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/1/e/1e31664d.gif
Weekly 15 EMA and daily 15 EMA are both still rising.
On the other hand, the 4-hour RSI is below 50, and the 4-hour Bollinger Band is below 1 Sigma.
In terms of the struggle between sellers and buyers, the price area around 113.6 yen will likely become a key point.
Will the lows settle around this price range and move upward while oscillating, or will it break below this range,
and will it move downward with this price range acting as a strong resistance? Since USD/JPY has been rising steadily,
the outcome of the battle between sellers and buyers is interesting to watch.
The indicators used today are as follows.
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http://fxmt4indicator.abproducts.biz/wp/?page_id=1554
Currently supports 8 currencies! Following the reversal scenario with RSI and Bollinger Bands
The indicator displays signals, emails, and alerts! The EA trades automatically!
In the EA, statistically advantageous times, days, and hours for each currency are exploited!
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http://fxmt4indicator.abproducts.biz/wp/?page_id=2555
If you draw a pivot/support line yourself and it reverses after a breakout, signals, emails, and alerts will be issued!
Signals can also be displayed at the time of reversal of resistance and support lines used in line trading!
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Thank you very much for reading this far today.
Well then, please stay well.
Technical Trade Blog Ranking
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Publisher: Art Brain Products
FX Technical Strategy Researcher
Satori Mind
Email: info at mark abproducts.biz
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