Sorry, you need to enable JavaScript to visit this website.

USD/JPY Signal - JPY Construction Orders - 26 Feb 2021

You are here

Signal Details
Entry Price: 
106.171
Take Profit: 
106.800
Stop Loss: 
105.800
Direction: 
Buy
How we trade
Average: 4 (5 votes)

USDJPY is trending to the upside today prior to the JPY Construction Orders YoY data, which shows numbers of orders received by construction companies. Technically the pair is trading above the moving average ribbon, and is holding above the 106.100 level, and we anticipate continued upside into the 106.800 level.

Try TradeProofer's FREE MT4 system today & find out how good your Forex Broker is!

Ask us today about our free copy trading service!

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.