free stats

USDJPY Wave analysis and forecast for 19.05 – 26.05

USDJPY Wave analysis and forecast for 19.05 – 26.05

Wave analysis and forecast for 19.05 – 26.05: The pair is likely to rise.

Estimated pivot point is at the level of 110.25.

Analysis: Presumably, the formation of the downward correction as the wave ii in the wave C of the senior level is being developed. Locally, it is likely that the downward impetus as the wave (a) of ii of C has completed. If this assumption is correct, the pair can continue to rise up to 112.30 – 112.80 within correction. Critical level for this scenario is 110.25.

Alternative scenario: Breakout and consolidation of the price below the level of 110.25 will trigger further decline in the pair to 109.40.

Our opinion: Buy the pair from correction above the level of 110.25 with the target of 112.30 – 112.80.

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

Categories: Free Forex Signals

Tags: ,,,

Free Forex Course - Free Forex Signals - ForexGuru.Pk - Dr. Zia-al-Hassan

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