{"id":111495,"date":"2017-08-22T08:55:35","date_gmt":"2017-08-22T12:55:35","guid":{"rendered":"http:\/\/countingpips.com\/?p=111495"},"modified":"2017-08-22T08:55:35","modified_gmt":"2017-08-22T12:55:35","slug":"usdjpy-two-confluence-zones-hovering-above-the-price","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/08\/usdjpy-two-confluence-zones-hovering-above-the-price\/","title":{"rendered":"USD\/JPY Two Confluence Zones Hovering Above The Price"},"content":{"rendered":"<div id=\"inves-2280156658\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 22, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><br \/>\n&lt;p&gt;&lt;a href=&#8221;https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/usd-jpy-two-confluence-zones-hovering-above-the-price&#8221;&gt;&lt;img   class=&#8221;img-responsive&#8221; src=&#8221;https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-08-22_14-31-42.jpg&#8221;&gt;&lt;\/a&gt;&lt;\/p&gt;&lt;p&gt;The USD\/JPY is showing a confluence zone above the price and it could reject soon. H1 chart shows a downtrend and 109.50-70 (EMA89, 61.8, order block, ATR pivot, D H5) should reject the price possibly towards D H3 109.14 and 108.71 D L3. A spike above weekly H3 109.84 could reverse the trend to the upside possibly targeting 110.16 a confluence of 88.6 and previous order block.&lt;\/p&gt;&lt;p&gt;Follow &lt;a rel=&#8221;nofollow&#8221; href=&#8221;https:\/\/twitter.com\/TarantulaFX&#8221; target=&#8221;_blank&#8221;&gt;@TarantulaFX&lt;\/a&gt; on twitter for latest market updates&lt;\/p&gt;&lt;p&gt;Connect with &lt;a rel=&#8221;nofollow&#8221; href=&#8221;http:\/\/www.facebook.com\/tarantulafx&#8221;&gt;Nenad Kerkez T&lt;\/a&gt; on Facebook for latest market updates.&lt;\/p&gt;&lt;p&gt;W L3 &#8211; Weekly Camarilla Pivot (Weekly Interim Support)&lt;\/p&gt;&lt;p&gt;W H3 &#8211; Weekly Camarilla Pivot (Weekly Interim Resistance)&lt;\/p&gt;&lt;p&gt;W H4 &#8211; Weekly Camarilla Pivot (Strong Weekly Resistance)&lt;\/p&gt;&lt;p&gt;D H4 &#8211; Daily Camarilla Pivot (Very Strong Daily Resistance)&lt;\/p&gt;&lt;p&gt;D L3 \u2013 Daily Camarilla Pivot (Daily Support)&lt;\/p&gt;&lt;p&gt;D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)&lt;\/p&gt;&lt;p&gt;POC &#8211; Point Of Confluence (The zone where we expect price to react aka entry zone)&lt;\/p&gt;<br \/><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/usd-jpy-two-confluence-zones-hovering-above-the-price\" target=\"_blank\">USD\/JPY Two Confluence Zones Hovering Above The Price<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\"><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" align=\"left\" height=\"87\" width=\"141\"><\/a><\/p>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets &lt;p&gt;&lt;a href=&#8221;https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/usd-jpy-two-confluence-zones-hovering-above-the-price&#8221;&gt;&lt;img class=&#8221;img-responsive&#8221; src=&#8221;https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-08-22_14-31-42.jpg&#8221;&gt;&lt;\/a&gt;&lt;\/p&gt;&lt;p&gt;The USD\/JPY is showing a confluence zone above the price and it could reject soon. H1 chart shows a downtrend and 109.50-70 (EMA89, 61.8, order block, ATR pivot, D H5) should reject the price possibly towards D H3 109.14 and 108.71 D L3. A spike above weekly H3 109.84 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-111495","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=111495"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111495\/revisions"}],"predecessor-version":[{"id":111496,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111495\/revisions\/111496"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=111495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=111495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=111495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}