USDJPY
Latest Signals and Ideas of USDJPY:
USDJPY D1 h4 h1 March 02, 2020 FOREX ANALYSIS
The #USDJPY currency pair is in a downward trend in the daily frame time.
There is also a downward trend in the 4-hour time frame. And we expect it to be re-tested at the 4-hour timeframe specified.
But there is an upward trend in the 1-hour time frame, which is a 4-hour upside correction wave.
In the 1-hour time frame, despite the upward trend, the trend is very weak. If the ceiling of the 1-hour frame resistance is not broken, it is possible to go back down.
Forex Signal Analysis at RestForex.com
USDJPY h4 February 27, 2020 FOREX SIGNAL ANALYSIS
In a previous analysis of #USDJPY we said that we were in a downward trend in the 4-hour time frame, and expected the support line to be re-tested.
As you can see, the chart has moved in the direction indicated.
At the moment, there is no sign of a downward trend in the 4-hour time frame.
Upon receipt of trend change approval, the analysis will be updated.
Forex Signal Analysis at RestForex.com
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