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Main » 2020 » January » 7 » USDJPY analyst forecast recommendation 07/01/2020
12:31
USDJPY analyst forecast recommendation 07/01/2020

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Technical Overview USDJPY - 07.01.2020.
 

USDJPY pair remains under pressure in the wake of the Middle East crisis. We believe that this factor will be the long-playing, and so in general to support the demand for protective assets, which include the Japanese currency.

 

Price USDJPY is at the midline indicator Bollinger boundaries SMA below 5 but above SMA 14. RSI RSI turned down, being below 50%. Stoch also turns down, leaving the overbought zone.

 

 

 

Recommendations for the USDJPY trading: 

 The outlook on the USDJPY pair remains the same. We consider it possible to sell it to the local purpose 107.25 ..

 

 

Analytics Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

 

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