Showing posts with label Specialty Travel. Show all posts
Showing posts with label Specialty Travel. Show all posts

Daily Analysis on 18th July 2008

USD/JPY



Analysis



4H Chart



Based on 4H chart, this pair is in very strong bullish. But we have to wait it break 38.2 fibonaci line at 106.35. If it can break this line it'll go up to 108.50.



Daily Chart



Based on this chart, it'll go up to 109.41 as 61.8 fibonaci line.





Forecast



Day Trader : up after break 106.35

Swing Trader : Up after break 107.65



Recommendation



Day Trader : Wait

Swing Trader : Wait

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