You are here

Forex analysis: USD/JPY upward trend starting?

Error message

  • Notice: Undefined index: zen in drupal_theme_initialize() (line 98 of /home/www/best-trading-platforms.com/includes/theme.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in phptemplate_init() (line 12 of /home/www/best-trading-platforms.com/themes/engines/phptemplate/phptemplate.engine).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1295 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1326 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1295 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1326 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).

September 2016. After reaching a high of 125 in 2015 the USD/JPY moved lower and dropped to 100 in August. The forex pair seems to have found support at this level and appears to be positively oriented.

Forex pair USD/JPY technical analysis for educational purposes.

It could be surmised that the negative trend has come to an end and that the USD/JPY will move upwards again to levels reached in July.

A long position would reflect this possibility.

Parameters

Buy long between 102,00 and 102,50

Stop loss level 100,80

Target 107,40

Disclaimer

This analysis is published solely for educational and informational purposes and must not be read as advice or a suggestion to buy or sell the financial instruments or markets analysed. If you decide to do so, you do so solely on your own initiative and risk. This analysis is not guaranteed to be free of errors. It will not be updated after publication.

Download a free real-time demo of the NanoTrader Full trading platform used in this article

Platform demo

Try a free real-time demo of the NanoTrader Free  (CFD, forex) or the NanoTrader Full (CFD, forex, futures & stocks).

Trading library

Download free e-books and reports from the trading library (Deutsch, Français, Nederlands, English).

Trading videos

Charting, strategies, automated trading, backtesting, playback... watch these videos and become a platform master.

Trading webinars

Join our free trading webinars and seminars (Deutsch, Nederlands, Français).

Broker

WH SelfInvest offers NanoTrader. This broker serves traders from offices in GermanyFranceSwitzerlandBelgiumLuxemburg and the Netherlands.

The spectacular SignalRadar

SignalRadar shows live trades being executed by various trading strategies.

Copyright 2016-2018. WH Selfinvest, 5 rue Thomas Edison, 2nd Floor, 1445 Luxembourg-Strassen, Luxembourg

Back to Top