Start Trading Now Get Started
Table of Contents
Affiliate Disclosure
Affiliate Disclosure DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

USD/JPY Signal - Feb. 11, 2013

By DailyForex.com Team
The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.

By: DailyForex.com

The RSI is entering its area and validates the signal and test again its neutral zone. Markets seem to also experience some difficulties since the USDJPY breaks again under its resistance at 92.90. In this context, investors will trade on a move back to the 50% Fibonacci retracement at 91.06 in case of a break of support at 92.16.

Direction: Sell
Entry: 92.10
Stop-Loss: 93.00
Take-Profit: 91.10

USDJPY Signal - February 11, 2013

DailyForex.com Team
The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.

Most Visited Forex Broker Reviews