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  • En Usdjpy 20150827 A

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    Luca Ridolfo
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    The document provides a trading signal for the USDJPY currency pair as of 27/08/2015. It summarizes the previous close, current price, 52-week high and low, and average true range over various time periods. The near-term, mid-term, and long-term trends are identified as upwards strong, upwards weak and overbought, and downwards strong and oversold respectively. Support and resistance levels are provided for each time frame. Comments give a medium probability signal to go long above 120.40 resistance and a potential medium probability short signal on a break below 118.30 support. Take profit and stop loss levels are identified for each position.

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    EN-USDJPY-20150827-A

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    The document provides a trading signal for the USDJPY currency pair as of 27/08/2015. It summarizes the previous close, current price, 52-week high and low, and average true range over various time periods. The near-term, mid-term, and long-term trends are identified as upwards strong, upwards weak and overbought, and downwards strong and oversold respectively. Support and resistance levels are provided for each time frame. Comments give a medium probability signal to go long above 120.40 resistance and a potential medium probability short signal on a break below 118.30 support. Take profit and stop loss levels are identified for each position.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    8 views1 page

    En Usdjpy 20150827 A

    Uploaded by

    Luca Ridolfo
    The document provides a trading signal for the USDJPY currency pair as of 27/08/2015. It summarizes the previous close, current price, 52-week high and low, and average true range over various time periods. The near-term, mid-term, and long-term trends are identified as upwards strong, upwards weak and overbought, and downwards strong and oversold respectively. Support and resistance levels are provided for each time frame. Comments give a medium probability signal to go long above 120.40 resistance and a potential medium probability short signal on a break below 118.30 support. Take profit and stop loss levels are identified for each position.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Trading Signal - 27/08/2015 - 16:00 (GMT +3)

    Instrument: USDJPY
    by: Chief Technical Strategist Avramis Despotis

    Previous Close

    120.17

    Change

    0.22 %

    Current

    120.16

    52 Week High

    125.68

    52 Week Low

    104.99

    30 Days ATR

    0.49

    40 Weeks ATR

    1.49

    Time

    60min
    CHART

    Next 3
    Days

    240min
    CHART

    Next 3
    Weeks

    Daily
    CHART

    Next 3
    Months

    Trend & Condition

    Upwards Strong

    Neutral

    Upwards Weak

    Overbought 2

    Downwards Strong

    Oversold 2

    Support & Resistances

    118.44

    120.40

    117.60

    121.60

    116.20

    123.40

    116.11

    120.54

    113.66

    122.30

    109.20

    126.00

    116.11

    121.20

    114.10

    124.90

    112.70

    127.30

    Comments

    A Medium probability, entry


    signal to go LONG was given at
    120.40 after the market broke the
    resistance level at 120.40.

    A Medium probability, entry


    signal to go SHORT will be given
    with the downward break of
    118.30 after the market found
    resistance at 120.54. Only the
    upward break of 120.54 would
    cancel the bearish scenario.

    Waiting for a retracement higher


    towards the 121.20 resistance
    level in order to reinstate SHORT
    positions.

    Position &
    Trade
    Probability

    Entry, Take Profit & Stop


    Loss Levels

    Position

    Entry

    SL

    LONG

    120.40

    119.75

    Trade P.

    TP1

    TP2

    Medium

    121.60

    123.40

    Position

    Entry

    SL

    SELL

    118.30

    120.54

    Trade P.

    TP1

    TP2

    Medium

    113.66

    109.20

    Position

    Entry

    SL

    SELL

    Trade P.

    TP1

    TP2

    Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
    investment research.

    12, Richard & Verengaria Street Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus P.O.Box 50626, 3608 Limassol, Cyprus

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