USD/JPY Price Analysis: Bears back on the prowl, eyes on 135.50 still
25.08.2022, 21:19

USD/JPY Price Analysis: Bears back on the prowl, eyes on 135.50 still

  • USD/JPY weekly W-formation is a reversion pattern (the lower time frame H4 Gartley), which leaves a bearish tendency on the charts.
  • The neckline of the formation opens risk to a move below 38.2% and towards the 50% mean reversion point near 134.70.

As per the prior analysis, USD/JPY Price Analysis: Bears are stepping on the gas and a move to 135.50 could be on the cards,  the bears stepped in and remain in charge while below critical resistance as per the following analysis:

USD/JPY H4 chart

The Gartley is a reversion pattern that predicts that the price will reverse from point D. The price, in this instance, is finding resistance and could be above to make a significant move to the downside as follows:

The price has met the resistance of an M-formation and is now decelerating there with sights on a move to test the W-formation's neckline near 136.70. A break of that will open prospects of a move to test the recent lows of the last bullish leg around 136.20 that is guarding the 38.2% Fibonacci level of the weekly bullish impulse near 135.50:

USD/JPY weekly chart

The weekly W-formation is a reversion pattern (the lower time frame H4 Gartley). The neckline of the formation opens risk to a move below 38.2% and towards the 50% mean reversion point near 134.70. This makes 135 a compelling round-figure target for the week ahead. 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik