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MAJOR SUPPORT TREND LINE AT 99.181. PLACE A BUY LIMIT AT 99.181. STOP LOSS AT 96.589
Linked below is my USDJPY short idea. Give it a like if this has helped you in any way. Follow for more ideas and daily updates.
USDJPY Just Buy or sell breakouts and down worry!
Lower payrolls would usually send the Yen soaring against the Dollar however the Dollar rallied against the Yen on Friday before a predictable retracement. The purple dash is a historic yearly resistance level where if price closes above a prolonged bull run is more than possible. For now a retracement back to prior structure before a continuation of bullish...
Traders please see previous usdjpy signals to understand how well we have been trading this pair... it has finished the leg down to 99.5 before moving up to 110... we played the leg down, now time to enjoy the train north. all eyes on the BOJ for intervention, and September looks like it is still very much in hiking mode. congratulations to those who caught it...
I posted an idea earlier speculating the end of bearish movement in this pair but after trying the bottom resistance once more, we are heading the same direction we initially predicted. Am expecting upward movement at least to the channel, then we shall observe price action, if we break the trend line we are long term buyers, if not then we might head down once...
waiting for the decline in the resistance area to go long.
On the Daily Chart, Tenkan-sen line is above the Kijun-sen line. Red-line is horizontal, while blue line is directed downwards. Confirmative line Chikou Span is crossing the price chart from below, current cloud is descending. Instrument is trading below Tenkan-sen and Kijun-sen lines; bearish trend is still strong. One of the previous minimums of Chikou Span...
Happy Weekend Traders Market managed to break below 101.50 earlier this week where we advised that below this level more drop may hit market toward 99.00-50 zone, as we see over the char market facing resistance at 102.00 and 102.85 where as long as market holding below one of those level more drop will be expected toward 99.00-50 zone Above 102.85 market may...
THE PRICES CAN MAKE THESE TWO MOVEMENT, THERE IS A HIGH CHANCE THAT MAKE THE PRICE MOVEMENT A. IN MOVEMENT (A) YOU CAN SEE A BREACH OF RESISTANCE ZONE AND ALSO ALSO THE BREACH OF MA (50 PERIOD), HOPING THE REACTION OF PRICE TO GO LONG. IN MOVEMENT (B) YOU CAN SEE THE RETEST A ZONE OF RESISTANCE AND MA (50 PERIOD), that could be an input SHORT. EL PRECIOS PUEDE...
WAITING FOR THE RIGHT TIME TO GO IN LONG. ESPERANDO EL MOMENTO INDICADO PARA IR EN LARGO.
we shorted this pair earlier from the very top and now we have reached a potential reversal zone. There is a high chance the price momentum to turn bullish for the long-term at this point. We have a great R:R here, so I think its worth giving this trade a shot.