The Bullish Case for USDJPY ! A Comprehensive Analysis🌟The USDJPY is in a Bullish phase by ⤵️⤵️
👌Price finally managed to break the Bullish Pennant. the price can easily reach the target after a little correction.
🌟 Bullish signals are:
- Bullish Cup & Handle
- Support zone
- Pivot R1 monthly
- Ascending Triangle
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles from bottom Of the PRZ zone , this analysis of ours will be failed.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
Forxsignals
BIAS ON XAUUSDPlease exercise caution when trading. We recommend setting reasonable take profit levels based on market conditions. For example, a potential SELL take profit level could be set at 1973.4 and a potential BUY take profit level could be set at 1983.5, taking into consideration factors such as market trends and volatility. It is important to also consider potential risks and losses before making any trades.
GoldViewFX - Market UPDATEREPOST FROM DECMBER 19TH
Hey Everyone,
We had our first Bullish target HIT on market open at 1798. We closed our open long position from last week, trailed from 1780 to 1796 for a perfect finish just before 1798. We stayed out for the remining day and let the market play out, as all the MAs are slowly converging together, gearing up for another breakout.
The US session followed with a retracement into two of our bearish targets, completing 1792 and 1783. 1783 Goldturn was respected to perfection with a bounce off the level. We will now wait to see if a new Goldturn is formed for another push up into the upper levels or we will wait for a deeper retracement for support.
We will continue track and trade this movement level to level confirmed with cross and lock and continue to buy dips from support levels confirmed with our signals.
BULLISH TARGETS
1798 - DONE
1806
1815
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN REMAINING LEVELS
1822
1831
1837
BEARISH TARGETS
1792 - DONE
1783 - DONE
1777
SWING RANGE
1769
EMA5 CROSS AND LOCK BELOW 1763 WILL OPEN THE LOWER LEVELS
1760
1750
1741
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATE Morning Everyone,
Lovely breakout with our range breaker signal.
As advised on Monday, the 4H Chart setup had only 1673 target outstanding, which was HIT this morning. BOOOM!!!
We now need to see 1673 cross and lock with EMA5 to secure the upper range upto 1691 or we will see a rejection here.
Our plans to take buys from support levels are still in play and as such we will continue to pick sweet spots for safe entries and exits using our VIP intraday levels.
BULLISH TARGETS
1662 - DONE
1673 - DONE
EMA5 CROSS AND LOCK ABOVE 1673 WILL OPEN 1691 AND 1700
BEARISH TARGETS
1644 - DONE
SWING RANGE
1625
EMA5 CROSS AND LOCK BELOW 1625 WILL OPEN 1607 AND 1586
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURGBP| Price is at a crucial moment - Unemployment RateEURGBP| Price is at a crucial moment - Unemployment rate
As we can see from the chart, the price shows that it is in a crucial price zone.
The price may extend that pattern or it may bounce higher and may continue to move higher.
The focus tomorrow, Tuesday 16 AUGUST, will be on "GBP ILO Unemployment Rate"
which is expected to be in line with last month at 3.8.
Both scenarios are possible.
Thank you!
GBPJPY #6This is GBPJPY on the 1HR timeframe, Price currently broke below a rising wedge and low (Support) of 163.838
We are expecting price to form a possible retest of broken structure before continuation downward for a SELL
WE REACT TO WHAT WE SEE
WATCH OUT
1. Retest of broken structure
2. Price action candlestick
3. Market behavior
EURCAD Bearish Divergence, yet Longing Chances Too 07/02/2021 this instrument has got two scenarios
seem bearish to our eye as it has done its Distribution after showing some Regular Bearish Divergence with MACD which is the sign of trend reversal and a retracement unto the Fibonacci Golden areas but it is conditioned to break the blue trend line and if so the we can have our 2 bearish TPs...
if not
then we have the Bullish scenario which we can target Minimum of 1.71 CAD of our Fibonacci expansion .27% where we have specified it as Long TP.
Remember it is on the Weekly time frame so we may need to be more focused on fundamental of the market to get the grip of our Final decision and use the technical chart as a confluences along with it...
we are having mostly Bearish sentiment on this but we kept the Bullish back door open yet
which side do you think it goes?
USDJPY - FOREX - FEB 01 , 2021USDJPY Analysis Update: UJ fully Reached resistance 104.973 as predicted and broke trend-line. Expect a continuation buy towards next resistance 105.661 as long as UJ satay above trend.
Once reached expect a possible retracement from resistance for a continuation buy long-term daily timeframe.
COULD GBPUSD STILL BE GOING UP? Analysis (my thoughts)The market has broken a powerful resistance area at 1.34820, not once, but twice. The first attempt, the bears brought the market down to the trend line and the 2nd attempt, the bulls took the market up and a clean break of the resistance area was seen with a rush up to 1.37000. After this, the market has retested the previous broken level at 1.35690. The initial push up (yellow line without the arrow) may still occur and the market may be headed further up to 1.38015 (the green line) which is the next resistance that this pair may face on the daily chart. Please comment your thoughts on this pair as well.
USDJPY Analysis.Overall USDJPY is in down trend but it give us some buying opportunity too, for this we also have two scenario.
First our support(103.250) in which USDJPY currently situated ,give USD a bounce back towards up if it broke this then we have a second support (102.900) for giving a good bounce back towards up.
If you agree then like idea and support me.
Mention your ideas in comment :)
AUD-USD IS VALID FOR ENTRY
Hello, AUDUSD is now in a bullish uptrend, but I notice that now is a good opportunity to buy although the resistance is difficult, but when the first green resistance is broken this promises good and we can buy we will see a big rise that breaks the yellow resistance and after breaking the yellow resistance you will test the orange resistance
Bonjour, l'AUDUSD est maintenant dans une tendance haussière, mais je remarque que c'est maintenant une bonne opportunité d'acheter bien que la résistance soit difficile, mais lorsque la première résistance verte est cassée, cela promet une bonne et nous pouvons acheter nous verrons une forte hausse qui se brise. la résistance jaune et après avoir cassé la résistance jaune, vous testerez la résistance orange
EUR/USD - Quick short setup.Hey, today I am here with a third Forex setup, this time looking at my favorite pair EUR/USD.
Short area
1.13600 - 1.13710
Take profit area (around 35 pips)
1.13240 - 1.13300
Make sure to follow me in order to not miss out on my future regular setups.
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