empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

19.08.202210:22 Forex Analysis & Reviews: Trading tips for USD/JPY

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 19.08.2022 analysis

As expected, USD/JPY rose on Thursday and broke through the first target level, which is 135.6.

Plan:

Exchange Rates 19.08.2022 analysis

Exchange Rates 19.08.2022 analysis

Development:

Exchange Rates 19.08.2022 analysis

Congratulations to those who followed the strategy presented last August 15! The pair moved by as much as 3,000 pips.

Traders can now take profit by closing 2/3 of their positions.

Next target will be 139.4.

The idea was based on the framework of "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day!

Andrey Shevchenko
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off