{"id":111501,"date":"2017-08-22T09:20:30","date_gmt":"2017-08-22T13:20:30","guid":{"rendered":"http:\/\/countingpips.com\/?p=111501"},"modified":"2017-08-22T09:20:30","modified_gmt":"2017-08-22T13:20:30","slug":"usdjpy-two-confluence-zones-hovering-above-the-price-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/08\/usdjpy-two-confluence-zones-hovering-above-the-price-2\/","title":{"rendered":"USD\/JPY Two Confluence Zones Hovering Above The Price"},"content":{"rendered":"
August 22, 2017<\/div>
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By Admiral Markets<\/b>
\n<p>
\n\t<a href=”https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/usd-jpy-two-confluence-zones-hovering-above-the-price”><img class=”img-responsive” src=”https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-08-22_14-31-42.jpg”><\/a>
\n<\/p><p>
\n\tThe 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.
\n<\/p><p>
\n\tFollow <a rel=”nofollow” href=”https:\/\/twitter.com\/TarantulaFX” target=”_blank”>@TarantulaFX<\/a> on twitter for latest market updates
\n<\/p><p>
\n\tConnect with <a rel=”nofollow” href=”http:\/\/www.facebook.com\/tarantulafx”>Nenad Kerkez T<\/a> on Facebook for latest market updates.
\n<\/p><p>
\n\tW L3 – Weekly Camarilla Pivot (Weekly Interim Support)
\n<\/p><p>
\n\tW H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)
\n<\/p><p>
\n\tW H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)
\n<\/p><p>
\n\tD H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)
\n<\/p><p>
\n\tD L3 \u2013 Daily Camarilla Pivot (Daily Support)
\n<\/p><p>
\n\tD L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)
\n<\/p><p>
\n\tPOC – Point Of Confluence (The zone where we expect price to react aka entry zone)
\n<\/p><p>
\n<a href=”https:\/\/admiralmarkets.com\/trading-platforms\/metatrader4-se\/” target=”_blank”><a href=”https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/usd-jpy-two-confluence-zones-hovering-above-the-price”><img class=”img-responsive” src=”http:\/\/fxmedia.s3.amazonaws.com\/articles\/AM-MT4se-1440×440-violet.png” alt=”Download MT4 Supreme Edition”><\/a><\/a>
\n<\/p>
Article by Admiral Markets<\/b><\/p>\n

Source: USD\/JPY Two Confluence Zones Hovering Above The Price<\/a><\/p>\n

<\/a><\/p>\n

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":"

By Admiral Markets <p> <a href=”https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/usd-jpy-two-confluence-zones-hovering-above-the-price”><img class=”img-responsive” src=”https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-08-22_14-31-42.jpg”><\/a> <\/p><p> 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 […]<\/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-111501","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111501","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=111501"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111501\/revisions"}],"predecessor-version":[{"id":111502,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111501\/revisions\/111502"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=111501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=111501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=111501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}