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Intraday forecast 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 Short R S
Monday, November 20, 2017 - 20:10 USDJPY Subscribers Only Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Monday, November 20, 2017 - 09:30 USDJPY 113.4
112.7
112.45
111.85
111.7
111.45
Thursday, November 16, 2017 - 19:56 USDJPY 113.9
113.35
113.25
112.7
112.5
112.2
Wednesday, November 15, 2017 - 20:02 USDJPY 113.95
113.35
113.2
112.45
112.2
111.6
Tuesday, November 14, 2017 - 20:15 USDJPY 114.55
113.9
113.7
113.1
112.95
112.2