FX:USDJPY   U.S. Dollar / Japanese Yen
72 0 4
Looking for high probability trade setups, the USDJPY             made it back onto our watchlist.

Although it's trading in a consolidation, the path is obvious with the well-defined boundaries to both sites.

We just saw a rejection of the 116 level together with a RSI divergence.Although this is a bullish signal, as long as price is in the range, it's not a signal.

A break of 118 will have us looking at long opportunities. A break of 116 to the downside will get us interested in shorts. Good to have this pair on your watchlist. Especially with all the bearishness brewing up everywhere else.
I am trading Forex for 10 years and 5 years ago I quit my corporate job to travel the world

> Introduction to my trading method:

> Free blog: www.tradeciety.c
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out