3cAnalysis - DAILY SPOT USDJPY - Thursdays call and technicals

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3cAnalysis

Steve Lucas

DAILY SPOT USDJPY - Thursday's call and technicals

Although a sequence of unchanged daily closes has left this week’s outlook neutral, signals in each of the last 2 days have been bearish. These have been confirmed with sentiment posting 2 lower daily highs & lows in a row. With no sign that the deterioration is ending and with signals continuing to point lower, the outlook for Thursday remains bearish and the call is to sell on the open and then at 107.85 with a stop loss at 108.15, today’s high in Asia. Exact targets following today’s fresh 5 month low in Asia at 107.55 are unclear but are to 107.45, 107.10 and 106.40.

20/06/2019 1 EN

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3cAnalysis

3cAnalysis – live analysis that improves trading performance. Our analysis is highly respected by major Institutions throughout the UK and Europe. We set the standards for high end, live, independent technical analysis research across 3 asset classes and 3 time frames and with exceptional directional success over more than 9 years.

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Steve Lucas

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Steve Lucas

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DAILY SPOT USDJPY - Thursday's call and technicals

Q4 DEC'20 S&P - ThE Q4 report for technical analysis & trade strategy

WEEKLY DEC'20 DAX - This week's technical analysis & trade strategy

WEEKLY JUN'20 DAX - This week's technical analysis & trade strategy

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