USDJPY Daily articles with advanced Fibonacci alert-source from BlueMax Capital 28/05/2015

USDJPY Daily articles with advanced Fibonacci alert-source from BlueMax Capital 28/05/2015

At present time USDJPY near to our advanced Fibonacci Buy Stop Line 124.070. So we expect here perfect Buy Trend. When the market reaches 124.070 we can conform once again our sell point.

Also today New York session time if USDJPY crossed our given Buy Stop 124.070 means it will reach the Target point 124.588 sure. Here we recommend to maintaining the stop loss value 123.423 to avoid any huger losses suppose market taken reverse order means.

Alternatively if market move to sell trend means we can use the entry point as 122.775 and we can place there our exact profit point as 122.257 by the way of our BlueMax Capital Ltd Advanced Fibonacci tool alert. For sell order stop loss value is 123.423

Fundamental Analysis:

According to today’s US currency bank data USDJPY market expecting more sell trend.  Because US “Pending Home Sales (MoM) (Apr)” Forecast 0.9% is decreased from Previous 1.1% . So all the USDJPY Traders recommend to choose sell order more.

Buy Order Details	Sell Order Details
Entry Point   :  124.070	Entry Point    :  122.775
Target           :  124.588	Target            :  122.257
Stop Loss     :  123.423	Stop Loss      :  123.423

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