Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.
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Identifying Winning Forex & Gold Trends – Techniques for Profitable Day Trading
AUDJPY first support at 9590/80. Longs need stops below 9565. Targets: 9660, 9710
Better support at 9495/80. Longs need stops below 9560. Targets: 9530, 9580
EURJPY support at 153.75/65. Longs need stops below 153.45. Targets: 154.25, 154.75
USDJPY higher as expected last week.
First support at 140.90/80. Longs need stops below 140.65.
Targets: 141.20, 141.80.
Better support at 140.20/00. Longs need stops below 139.80.
Targets: 140.70, 141.20
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Jason Sen, Director