Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (86.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (80.89). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts...
Trading suggestion: There is a possibility of temporary retracement to the suggested support line (81.228). . If so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (75.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . SGDJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Midterm forecast: 78.70 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased. While the RSI uptrend #2 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 77.10 on 10/03/2019, so...