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Mahe, Seychelles.

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Technical Analysis

The London Breakout Strategy – 07.11.2022 – 11.07.2022

London Breakout Strategy is a day trading strategy that seeks to take an opportunity of the Asian Trading range to the London Opening Session.
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LeoPrime Daily Market Analysis

We are a forex and commodities intermediary that accommodates
wide-ranging trading services to create the most user-friendly trading environment..

USDJPY approached long-term resistance level 107.000; Likely to correct down to 106.500

USDJPY currency pair has been rising sharply in the last few trading session and today approached the resistance area lying between the long-term resistance level 107.000 (former Double Top from August of 2020 as can be seen from the daily USDJPY chart below) and the upper daily Bollinger Band. Given the strength of the resistance level 107.000 – USDJPY currency pair might correct down to the next support level 106.50. If the pair manages to break above the resistance level 107.000 – USDJPY can then rise to the next resistance level 107.500

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We are a forex and commodities intermediary that accommodates wide-ranging trading services to create the most user-friendly trading environment for both retail and institutional clientele. With years of gathered expertise as experience, we are not just invested in keeping up with the latest but also in generating custom solutions that are executable swiftly. Discover and flourish in our business model that has evolved to meet the skills of ace and naïve of a tyro with equal proficiency. If you’re looking to make the choice, then wait no further.

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Leo Prime Services Limited is a Securities Dealer license registered in Seychelles with registration number 8424165-1 and authorised by the Financial Services Authority (FSA) with licence number SD032. The registered office of Leo Prime Services Limited is at G.S.Complex, 1st floor, Office Number 12, Providence, Mahe, Seychelles

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Leo Prime Services Limited,
G.S.Complex, 1st floor, Office Number 12, Providence,
Mahe, Seychelles.

support@leoprime.com +44 20380 85868