Zostať 
Podmienky obchodovania
Nástroje
Analysis of wave counting:
Yesterday, the USD/JPY pair began trading with a downward movement and lost more than 130 bp. It tested the level of the 109th figure at the end of the day. The current wave situation allows the assumption of the currency pair to remain in the stage of formation nearing its wave completion in c, in c, in b, in a, in c and in (C). If this is so, the attempt of the currency pair to gain a foothold at yesterday's low may lead to a price turn in favor of the dollar, which in turn will mark the beginning of the future wave from c to a, and towards (C).
Targets for a downward wave option:
109.06 - 76.4% Fibonacci retracement
108.00
Goals for the option with an upward wave:
113.59 - 161.8% Fibonacci retracement
113.88 - 11.4% by Fibonacci
General conclusions and trading recommendations:
The tool continues to build the uptrend section of the trend. The increase in quotations may resume with the targets near the marks of 113.59 and 113.88, which corresponds to 161.8% and 11.4% Fibonacci within the wave c, in a, and in (C). The succeeding goals will be further determined. Waves in b, in a, and in (C) resumed its construction with targets near the mark of 109.06 once again, which equates to 76.4% Fibonacci, and lower close to 108 figures.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.
