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Intraday forecastUS Dollar vs. Japanese Yen technical chart
SymbolUSDJPY
Release TimeMon, 11/13/2017 - 20:27
Advisebuy (limit) above S1=113.2
Intraday
Short term
Yesterday range42
Yesterday high113.63
Yesterday low113.21
Yesterday close113.52
R3114.4
R2114.05
R1113.8
S1113.2
S2113
S3112.3
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=113.2.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=113.8.
TP4: R2=114.05.
Set the stoploss of these orders at breakout of S2=113.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=113.
In this situation, there is an expectation to reach the target S3=112.3.
Set the stoploss of reverse orders at breakout of S1=113.2.

Latest forecasts
Release Time Symbol Intraday R S
Tue, Sep 25 2018, 20:18 USDJPY new Subscribe! Subscribers Only Subscribers Only
Mon, Sep 24 2018, 22:08 USDJPY free 113.25
113.05
112.85
112.5
112.4
111.85
Thu, Sep 20 2018, 20:13 USDJPY Subscribe! Subscribers Only Subscribers Only
Wed, Sep 19 2018, 20:29 USDJPY Subscribe! Subscribers Only Subscribers Only
Tue, Sep 18 2018, 20:47 USDJPY free 113
112.7
112.5
112.05
111.75
111