FX:USDJPY   U.S. Dollar/Japanese Yen
2553 16 148
The USDJPY             is in a corrective structure. It looks like it has started the up move for the C wave.
Buying the breakout seems like a good idea.

UPDATES will be posted so FOLLOW me to get instant notification.

like and comment
Comment: More down correction possible, but i'm interested in the next up impulse
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
I tend to agree with Diegocarbaljal, The USDJPY will go up big time, maybe not today, but soon.
The EURUSD will fall also fall a long way.
I have closed all my EURUSD pairs. And play the waiting game. Patience is not my greatest strength....

The USD Index is pulling back. and the Daily is running out of steam.
Reply
USD/JPY testing key resistance near 120.30
Waiting for further direction from us opening bells, with markets eyeing sentiment from wall street.
After FMOC meeting from yesterday. Could be some nice gains here Anil I'll be watching to get in after the US bells if there is a breakout.
Your work looks great.
Thanks for the insite most appropriate )))
+1 Reply
I think this will continue downwards once it breaks a level of 119.539
Probably should go short then and target for 114.290 with a time frame of 3-4 weeks.
+1 Reply
kujjainwala kujjainwala
Stop loss of 120.263
+1 Reply
kujjainwala kujjainwala
119.902 is currently resistance/support level
+1 Reply
been sideways from long time, isn't it difficult to trade?
+1 Reply
It,s a good point, but what time frame do you use to make this technical analysis?
+1 Reply
anilmangal PRO AlexBlotea
check the chart
+1 Reply
Jack4Rain anilmangal
Mr Anil, USDJPY is in a narrow band in 60 timeframe. how to identify if it's a real break out?Thanks
+1 Reply
I see it going down though. Still a new trader, so do not trust me. Just my observation. #learnfromfailures
USD JPY downtrend
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out