|USDJPY Daily articles with advanced Fibonacci alert-source from BlueMax Capital 21/05/2015|
At present time USDJPY near to our advanced Fibonacci Buy Stop Line 121.476. So we expect here perfect Buy Trend. When the market reaches 121.476 we can conform once again our buy point.
Also today New York session time if USDJPY crossed our given buy Stop 121.476 means it will reach the Target point 121.834 sure. Here we recommend to maintaining the stop loss value 121.029 to avoid any huger losses suppose market taken reverse order means.
Alternatively if market move to sell trend means we can use the entry point as 120.582 and we can place there our exact profit point as 120.224 by the way of our BlueMax Capital Ltd Advanced Fibonacci tool alert.For sell order stop loss value is 121.029
According to today’s USD currency bank data USDJPY market expecting more sell trend. Because USD "Existing Home Sales (Apr)" Forecast 5.24 M is increase from Previous 5.19 M. So all the USDJPY Traders recommend to choose sell order more.
Buy Order Details
Sell Order Details
Entry Point : 121.476
Entry Point : 120.582
Target : 121.834
Target : 120.224
Stop Loss : 121.029
Stop Loss : 121.029
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