Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Market Analysis – January 12
USDJPY was very bullish until the buyers struck the supply level of 150.00. The market was trending higher on the daily chart from April to November. In June, the market declined to an oversold level. The Moving Averages (periods nine and twenty-one) crossed twice to show a retracement and a quick recovery of the bulls. The market rose from a 126.50 demand level.
USDJPY Key Levels
Supply Levels: 150.900, 142.000, 138.000
Demand Levels: 131.300, 126.500, 114.700
The second retracement occurred in August. The Williams Percent R indicates the market has dived into an oversold region. At the 131.30 demand level, a double-bottom reversal structure was visible. The prices crashed as the supply level of 150.90 was reached. The Moving Averages switched positions. In order to close below the 21-day moving average, the price declined.
USDJPY Short-term Trend: Bearish
A bearish channel guided the market to the support levels. A triple top at 138.00 fostered a sell-off. The Bears also repositioned themselves at 134.390, resulting in a massive bearish displacement. The market is currently oversold. The market is expected to retrace back to 131.300 to resume the downtrend.
Do you want to take your trading to the next level? Join the best platform for that here
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus