Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Nov 05 - 06:12 AM
USD/JPY - Bulls Eye Fibo After Biggest One-Week Rise Since July
First appeared on eFXplus on Nov 05 - 04:10 AM
  • USD/JPY's scope grows for an eventual test of the 113.80 key Fibo
  • This after last week's biggest one-week rise since July
  • 113.80 is 76.4% Fibo of the 114.55 to 111.38 (Oct) EBS fall
  • Our bid remains at 112.65, one pip above rising daily cloud top at 112.64
  • Bullish while 112.38, 50% Fibo of 111.38-113.38 (Oct to Nov) rise, intact
  • Daily close above 30-DMA adds to the upside bias

USD/JPY Trader:

Daily Cloud Chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!