{"id":76615,"date":"2015-08-10T05:18:34","date_gmt":"2015-08-10T09:18:34","guid":{"rendered":"http:\/\/countingpips.com\/?p=76615"},"modified":"2015-08-10T07:58:21","modified_gmt":"2015-08-10T11:58:21","slug":"usdjpy-forex-technical-analysis-august-10-2015","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/usdjpy-forex-technical-analysis-august-10-2015\/","title":{"rendered":"USDJPY: Forex Technical Analysis August 10, 2015"},"content":{"rendered":"<div id=\"inves-987434677\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 10, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\">IFCMarkets<\/a><\/p>\n<p>Trend continues<\/p>\n<p>Let us consider the USD\/JPY currency pair on the daily chart. The price has been moving within an ascending corridor, confirmed by the Parabolic indicator and the Donchian channel. The <a href=\"http:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/rsi-bars\">RSI-Bars oscillator<\/a> does not contradict our assumptions: it has shaped an uptrend channel.<\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" style=\"float: none;\" src=\"http:\/\/www.ifcmarkets.com\/uploads\/images\/TA-10-08-2015.png\" alt=\"USD\/JPY\" width=\"400 px\" \/><\/p>\n<p>We may place a buy pending order at 125.081. A stop loss can be placed at the Donchian channel opposite boundary at 122.884. This level is supported by <a href=\"http:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/parabolic\">Parabolic indicator<\/a> historical values and the Bill Williams fractal. Conservative traders are recommended to wait until the oscillator support line is breached at 64%. The stop loss is supposed to be moved every day to the next fractal low, following Parabolic signals. Thus, we are changing the probable profit\/loss ratio to the breakeven point.<\/p>\n<table style=\"border: solid 1px black;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"\u201dtop\u201d\"><b>Position<\/b><\/td>\n<td align=\"left\" valign=\"\u201dtop\u201d\">Buy<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"\u201dtop\u201d\"><b>Buy stop<\/b><\/td>\n<td align=\"left\" valign=\"\u201dtop\u201d\">above 125.081<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"\u201dtop\u201d\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"\u201dtop\u201d\">below 122.884<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\">IFCMarkets<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Trend continues Let us consider the USD\/JPY currency pair on the daily chart. The price has been moving within an ascending corridor, confirmed by the Parabolic indicator and the Donchian channel. The RSI-Bars oscillator does not contradict our assumptions: it has shaped an uptrend channel. We may place a buy pending order at [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-76615","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76615","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=76615"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76615\/revisions"}],"predecessor-version":[{"id":76622,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76615\/revisions\/76622"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=76615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=76615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=76615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}