USD/JPY Wave analysis and forecast for 19.08 – 26.08: The pair continues to decline.
ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At ForexGuru.Pk
Estimated pivot point is at a level of 102.70.
Our opinion: Sell the pair from corrections below the level of 102.70 with a target at 0.98 – 0.97.
Alternative scenario: Breakout and consolidation above the level of 102.70 will allow the pair to continue the rise up to the levels of 105.00 – 107.00.
Analysis: Apparently, a long-term downward trend continues forming as the wave A. The fifth wave is supposedly developing in a form of a diagonal triangle, with the third wave of junior level (iii) of v of A forming within. If the assumption is correct, the pair will continue dropping to levels 98.00 – 97.00. The level 102.70 is critical in this scenario.
ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At ForexGuru.Pk
Technical Analysis Services Are Powered By PakistanOffice.Com, Forex Education In Urdu, ForexGuru.Com.Pk And Ziaalhassan.Com. For More Information And Free Urdu Forex Training Please Call Dr. Zia-al-Hassan At 0300-6561240
Do You Want To Make Thousands Of Dollars Extra Cash Every Month
From Forex Trading In Pakistan?
Subscribe To Our Mailing List And Get Free Forex Training Videos, Free Forex Trading Strategies, Free Forex Indicators, Robots And Free Forex Analysis From ForexGuru.Pk Team In Your Email
We Respect Your Privacy And Protect It Seriously
