piphunters
Short

USDJPY: We are heading down... 90's 80's and even 70's possible!

FX:USDJPY   U.S. Dollar/Japanese Yen
1179 4 40
6 months ago
The pair couldn't break out of the current down channel it is in as we have expected earlier on and now it's looking more likely that this channel is not complete and even we may get a break below the channel for more downside as the overall fundamentals are driving this pair down like crazy unless BOJ is able to do something that can stop the appreciation of the JPY which may need some more muscle provided the uncertainty in the global markets and JPY being a safe haven.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
6 months ago
Comment:
USDJPY: Sell breakout
6 months ago
Comment:
USDJPY: Sell breakout
6 months ago
Comment:
snapshot
If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
Haus_
6 months ago
You're not worried about central banks intervening in the markets? So far both times price tried to break 100 it was strongly rejected.
Reply
piphunters Haus_
6 months ago
Of course you can't afford to overlook it but we have seen BOJ try several times and fail, obviously this market needs more solid intervention than currently expected or done, let's see.
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out