Search Our Site:  
August 6, 2014

USD/JPY Daily forex post- US session August 6, 2014

Posted by: ffs @ 13:58 GMT Category: Daily Forex,Signals,USD/JPY

USD/JPY Technical view

Updated:  August 6, 2014 13:58:16 GMT
SPOT USD/JPY Previous day OHLC
Open High Low Close Change
102.56 102.92 102.43 102.59 0.01
Today's Support and Resistance
Resistance
Support
R3 103.30
R2 103.10
R1 102.90
S1 102.50
S2 102.10
S3 101.70

The dollar reversed early losses and is placed near key supports at 102.50 yen. Trend remains bullish with the pair likely to head to 103.00- 103.30, with the downside likely to be capped around the 102.00 yen levels

Trend direction

  • Short term: Bullish
  • Medium term: Bullish
  • Long term: Bullish

Trading Recommendations

  • Short:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION

  • Long:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
Post ID: 9754
Please Read This Warning

These signals are given free for educational purposes only. We do not suggest anyone use real money for foreign exchange trading online and we do not accept any kind of responsibility for loss or damage resulting if you choose to ignore this warning.

Get Signals By E-mail:
Markets Hours
 
Auckland Closed
Sydney Closed
Tokyo Closed
Hong Kong Closed
Singapore Closed
Moscow Closed
Frankfurt Closed
Zurich Closed
London Closed
New York Closed
Chicago Closed
Vancouver Closed

BuyBer Candlestick Pattern Recognition indicator for MetaTrader platform

© 2005-2014 FreeForexSignal.com. All Rights Reserved. Terms & ConditionsPrivacy

Disclaimer:

Commodity futures trading commission forex, futures, and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the forex, futures, and options markets. Don't trade with money that you can't afford to lose. This is neither a soliciatation nor an offer to buy/sell forex futures or options. No representation is being made that any account will or is likely to acheive provides for losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Cftc rule 4.41:

Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.