Technical analysis and investment ideas of Binomo. The broker analysts conduct market assessments daily, and make predictions about the future behavior of the popular assets. Traders need to keep track of updates and promptly respond to them (more info about this form of binary signals can be found here). Let’s look at a real example of how this works: The Binomo broker proposed the ... The yen is actually highly correlated to gold. So, USD/JPY and XAU/USD (gold/US dollar) are negatively correlated. The higher USD/JPY moves, the lower gold usually goes. So, technical analysis now needs to cover more than the basics of support and resistance levels. If you can also utilise currency correlations to your advantage, you may be ... Overall, USD/JPY is ranging across. The Japanese Preliminary GDP q/q data (Forecast: TBA, Previous: -7.9% revised from -7.8%) will be released next Monday at 0750 (SGT). Currently, USD/JPY is testing to break below the key level of 105. Its next support zone is at 104.200 and the next resistance zone is at 106.300. Look for buying opportunities ... In this case, the USD/JPY>117.25 contract has a payout of $100, while the USD/JPY>119.75 contract expires worthless. Your total payout is $1,000, for a gain of $310 (or about 45%). Technical analysis can also be done through indicators and tools especially designed for the forex market. Firstly, it is vital to identify and understand the direction in which the price of a particular asset is trending. The support and resistance lines can be determined from the price charts and timeframes. From individual small scale traders to large players like banks and hedge funds ... [ September 28, 2020 ] GBP, USD Eye Brexit, Presidential Debate & Outlook for Stimulus Talks Forex News [ September 28, 2020 ] SoftBank brings food service robot to labour-strapped Japan By Reuters Stock News [ September 28, 2020 ] AUD/JPY, CAD/JPY, EUR/JPY Levels To Watch Forex News Here you can find the list of forex brokers, offering Binomo Platform platform to their customers. Check out all companies supporting Binomo Platform terminal
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The US dollar initially tried to fall during the trading session on Wednesday but found the ¥105 level to be supportive enough to turn around and attempt to ... The US dollar has reached the ¥105 level after reports came out that a vaccine from Pfizer had a 90% efficacy against the coronavirus in the final testing ph... The US dollar has initially fallen against the Japanese yen but seems to be struggling to continue the overall downtrend. That being said, we are still very ... USD JPY Technical Analysis Forex Trading Simplified Disclaimer :- Any Advice or information on this video is General Advice Only. This video is for education... The US dollar has initially pulled back a bit during the trading session on Thursday but continues to find buyers near the ¥105 level. That being said, the m... Buy 104.100 Tp 105.650 The US dollar fell during the trading session on Friday, breaking down below the ¥105 level again. If we can break down below the Tuesday candlestick, that c...