23.11.201704:16 Forex Analysis & Reviews: Wave analysis of the USD/JPY currency pair for November 22, 2017

Long-term review

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

Analysis of wave counting:

Yesterday's USD/JPY trades began with a slow decline and, losing about 50 basis points, in the second half of the day worked out the mark of 112.20. Thus, it seems that the currency pair is trying to confirm the transition to the stage of formation of the first generating waves in the future wave 5, in a, in (C). If this is the case with wave c, in the fourth, in a, in (C) it does not become even more difficult to complicate its wave structure, then the currency pair can resume the growth of quotes towards the highs of the beginning of the month.

Targets for a downward wave option:

111.96 - 88.6% by Fibonacci

Targets for an upward wave option:

115.00 - 117.00

General conclusions and trading recommendations:

The trading instrument continues to build the upward section of the trend. Now the construction of the wave (C) is continuing, its internal wave c, in the fourth, in a, in (C) has supposedly completed its construction near the estimated level of 111.96, which corresponds to 88.6% Fibonacci. Thus, it is now is expected to resume the increase in quotes within the wave 5 in a, in (C) with targets located above 115 figures.

Voltar a lista

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.