"Forex trading involves a high level of risk"
USDJPY Weekly Technical Analysis | December 28, 2014
USDJPY formed a bearish harami on daily chart. This is bearish signal and so we can see some bearish movement on this pair. We need to wait for another bearish candle for confirmation. 120.12 is weekly pivot point. So below this pivot we can see bearish rally on this pair. For sell entry target will be 119.20 area. On the other hand, buyers can take long position from support area. This pair is still on uptrend. So for long term, you can take buy position from support area.
Weekly Pivot, Support and Resistance
Resistance Two (R2): 121.67
Resistance One (R1): 120.99
Pivot Point: 120.12
Support One (S1): 119.44
Support Two (S2): 118.57
Submit Your Comments:
FOREX VPS FOR TRADERS
FF FOREX VPS
Windows 2012R2/2016 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee
| Plan Name | Buy Link | CPU | RAM | Disk | BandWidth | Price (Montly) | Price (Quarterly) | Price (Semi-Annually ) | Price (Annually) | Installation | BackUp | Setup Fee |
| ECO-01 | buy now | 1 Core | 756MB | 18GB | Unmetered | $4.99/M | $4.49/M | $3.99/M | $2.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-02 | buy now | 1 Core | 1GB | 22GB | Unmetered | $5.99/M | $5.49/M | $4.99/M | $3.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-03 | buy now | 2 Core | 2GB | 30GB | Unmetered | $9.99/M | $9.49/M | $8.99/M | $7.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-04 | buy now | 2 Core | 3GB | 32GB | Unmetered | $13.99/M | $13.49/M | $12.99/M | $11.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-05 | buy now | 3 Core | 4GB | 40GB | Unmetered | $17.99/M | $17.49/M | $16.99/M | $15.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-06 | buy now | 3 Core | 5GB | 45GB | Unmetered | $21.99/M | $21.49/M | $20.99/M | $19.99/M | MT4 Pre-Installed | Yes | Free |
***We accept Paypal, Perfect Money, Bitcoin !
RECENTLY UPDATED POSTS See All . . »
Bringing Mr. Bollinger to the Table
Surfing the Waves of Volatile Markets
Intraday Trading and High Leverage: Strategies for Rapid Market Movements
How Is FX Trading Regulated Across African Countries?
FX Trading Regulation Around The World
3 Strategies That Can Provide You With Decent Returns In The FX Market
| Money Management |
| Candlesticks Pattern |
| News Trading |
| Could U.S. be on its way to Stagflation |
| Chart Pattern Trading |
| Fibonacci Calculator |
| Pivot Points Calculator |
| [email protected] |
Risk Disclaimer : Security Trading, Forex, Options, Futures and Commodities are highly leveraged products which involves large potential risks. If efficient money management,is not practiced then there are possibilities that you may lose your capital (Margin Call) in a matter of days or even minutes. Before making any transaction, you should ensure yourself that you fully understand the risks involved in the Forex Market. We provide Forex signals and forecasts by the experience on different market conditions, price action, market sensitivity, strategies, analysis and other trading rules; though we we cannot assure you that every signals will gain you profit due to the unpredictable nature of the financial market.
© ForexFunction All Rights Reserved 2014-15