(+30) 210 682 9898   This email address is being protected from spambots. You need JavaScript enabled to view it.

FX Technicals

USDJPY 6th of August 2019

STILL AIMING LOWER ?

Long term: During the last 10 months the pair keeps moving within a range of 115.00-108.00. As long as we stay in the range,we act accordingly.Major technical sign will be the upwards or downwards break of the above mentioned limits,aiming then 124.00 or 100.00.The pair reached the 105.00 level with profits of 700 pips and reacted. Possible target of this reaction is the 111.00 level.Target accomplished,now looking higher,possibly even up to 114.00.The 114.00 level was never reached,the pair stopped at 112.40 and is now correcting towards the 108.00 area,where the major mid term support stands.The technical event of the downwards break of 108.00 is a reality.The pair is moving as described,aiming 105.00 and 100.00.

USDJPY USDJPY 6th of August 2019

Short term: We can now try going long aiming 108.00.

TimeframeOrder TypeInstrumentEntry PriceStop Loss 1Stop Loss 2Stop Loss 3Target Price 1Target Price 2Target Price 3
Long term Sell USDJPY 112.00 112.50 115.00   108.00 105.00 100.00
Short term Buy USDJPY 106.45 105.80     108.00    

Risk Warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.

aenaon white

Aenaon Markets is STP multi-product & multi-terminal trading platform solution powered by ArgusFX which is a registered trading name of Argus Stockbrokers Ltd. Aenaon Markets is a registered trademark of Aenaon Markets Ltd, Athens, Greece.

Aenaon Markets is a MIB partner of Argus Stockbrokers Ltd which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF License Number 010/03.

Risk Warning: Forex and CFDs are leveraged products and involve a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary.

ArgusFX does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea

Join Our Mailing List

Contact Info

Sales
Tel: +30 210 6829898
Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Customer service
Tel: +357 22 717 060
Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Trading Desk
Tel +357 22 717 060
Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Client Funding Department
Tel +357 22 717 060
Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.