USD/JPY Daily Video, December 29, 2017

[Sive Morten]

Good morning,

Yen is coming to red line where validity of bullish setup will be tested:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Starthan]

Hi Sive , I see weekly MACD just close below MACD predictor today , It should be at least go down target to weekly COP at 111.350 at least or monthly F5 at 111.150 before going up.

Correct me if I'm wrong.

BTW I'm your fan for 5 yrs now, keep up the good work.
sorry for my bad english.

 

[Sive Morten]

Hi Sive , I see weekly MACD just close below MACD predictor today , It should be at least go down target to weekly COP at 111.350 at least or monthly F5 at 111.150 before going up.

Correct me if I'm wrong.

BTW I'm your fan for 5 yrs now, keep up the good work.
sorry for my bad english.

Could you please better explain what crossing your're talking about? MACD Predictor can't cross MACD...

 

[Starthan]

oh sorry , I mean Weekly price just close below MACD predictor today.