{"id":125461,"date":"2018-04-20T06:52:19","date_gmt":"2018-04-20T10:52:19","guid":{"rendered":"http:\/\/countingpips.com\/?p=125461"},"modified":"2018-06-01T15:39:51","modified_gmt":"2018-06-01T15:39:51","slug":"usd-jpy-bullish-trend-line-cross-targets-higher-levels","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/04\/usd-jpy-bullish-trend-line-cross-targets-higher-levels\/","title":{"rendered":"USD\/JPY Bullish Trend Line Cross Targets Higher Levels"},"content":{"rendered":"
April 20, 2018<\/div>
\r\n<\/div><\/div>

By Admiral Markets<\/b><\/p>\n

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

Source: Admiral Markets MT5<\/a> with MT5SE Add-on<\/a><\/em><\/p>\n

The USD\/JPY has broken through a trend line boosted by rising 10 year US yields. The US 10-year yields were up and we can see the USD\/JPY going up too. Leaned bullish W pattern and X cross of two trend lines are technically suggesting upside continuation. 107.05-20 is the POC zone and the pair could spike to the upside targeting 108.00. 4h candle close above 108.00 should give another boost to USD\/JPY and the target is 108.50. Today is Friday so pay attention to profit taking later in the day.<\/p>\n

W L3 – Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

M H4 – Monthly Camarilla Pivot (Very Strong Monthly Resistance)<\/p>\n

M L3 \u2013 Monthly Camarilla Pivot (Monthly Support)<\/p>\n

M L4 \u2013 Monthly H4 Camarilla (Very Strong Monthly Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

Best wishes,<\/p>\n

Nenad<\/p>\n

Follow Admiral Markets<\/a> on Facebook \u2013 @AdmiralMarkets<\/a> on Twitter \u2013 for the latest market updates.<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: USD\/JPY Bullish Trend Line Cross Targets Higher Levels<\/a><\/p>\n

\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

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets Source: Admiral Markets MT5 with MT5SE Add-on The USD\/JPY has broken through a trend line boosted by rising 10 year US yields. The US 10-year yields were up and we can see the USD\/JPY going up too. Leaned bullish W pattern and X cross of two trend lines are technically suggesting upside […]<\/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-125461","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125461","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=125461"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125461\/revisions"}],"predecessor-version":[{"id":125466,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125461\/revisions\/125466"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=125461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=125461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=125461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}