FX:USDJPY   U.S. Dollar / Japanese Yen
50 0 2
I've seen a lot of folk focus on the trend-line running from the high point of this chart down through the sequence and yesterday's notable break above it - all of which is true. However look at the RSI trend through the same points - this has not broken out and is still capped.

There is then a more recent trend line where the current price is effectively at the top &a hitting this longer RSI divergence.

I don't like it when things don't line up and it looks a bit fake. My guess is that we are going to see a sharp move downwards to bring it all back in line.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out