2 thoughts on “Technical analysis on all major pairs | 14th August 2017

  1. Dear Concern,
    Will USDJPY price increase in next week??
    May i take a buy order at 109.400.
    Please advice me.
    I am waiting for your feedback.

    1. The overall technical stance will stay bullish as long as the first critical support holds and if the bulls can take out the 100 SMA dynamic resistance level in the daily chart then we can see a decent bullish rally.But a clear break of the first critical support level will bring strong selling pressure.( We currently have one long position opened at last week at price 108.82 (near the low 14th June 2017 and we have already moved our stop-loss to break even)

Comments are closed.