Forex Brokers

USD/JPY bullish trend with a buy above 106.53

By:   Finotec
  • 24-09-2008
0
votes
 

USD/JPY-market strategy can be a buy from the level 106.53

USD/JPY-market strategy can be a buy from the level 106.53
Technical oscillators supporting the bullish trend for the currency pair
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD approaching a possible bullish cross below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction.


Share:
Next Analysis: USD/CHF bearish trend with a buy above 1.0700
Content Provided by:
Finotec
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no



Comments
Add a Comment
Please Login to Post a Comment
User Email:
Password:
  Remember Me Register For Free
  Forgot Password | Help
Become a member and get 6 free Forex courses by OTA!

 
  • Webinar
 
  • Charts
 

 
  • Survey

How long have you been trading forex?

Total Newbie
Less than a year
3 years or less
5 Years or less
More than 5 years

 
ForexPros.com Newsletter
 

 
 

Special Offers: