اب سے ہم Elev8 ہیں
ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
ٹریڈنگ خبریں
10 Sep 2014
USD/JPY continues to rise
FXStreet (Córdoba) - The yen fell across the board during the American session and send USD/JPY to fresh 6-year highs at 106.88. Price is about to end the day near the highs, having the third daily gain in a row.
Since the beginning of the week it has risen almost 200 pips and is about to have the highest daily close since September 19, 2008; during that week Lehman Brothers filed for bankruptcy.
USD/JPY technical outlook
“The technical picture continues to show short term divergences in the 1-hour chart, with higher highs in price and lower ones in momentum, but not yet confirmed: may be a bit too late to join the bullish party, but is way too early to attempt a counter trade”, says Valeria Bednarik, Chief Analyst at FXStreet.
The 4-hour chart indicators are losing upward strength in extreme overbought levels notes Bednarik, “far from reentering more normal levels, also limiting chances of a downward corrective movement.”
Since the beginning of the week it has risen almost 200 pips and is about to have the highest daily close since September 19, 2008; during that week Lehman Brothers filed for bankruptcy.
USD/JPY technical outlook
“The technical picture continues to show short term divergences in the 1-hour chart, with higher highs in price and lower ones in momentum, but not yet confirmed: may be a bit too late to join the bullish party, but is way too early to attempt a counter trade”, says Valeria Bednarik, Chief Analyst at FXStreet.
The 4-hour chart indicators are losing upward strength in extreme overbought levels notes Bednarik, “far from reentering more normal levels, also limiting chances of a downward corrective movement.”