Easy 300+ pips, dont miss! - USDJPY -SELL #forex

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
After analysis i can say we will see from now DOWN TREND.
When come near 300 pips you can contact me for TP2, or i will update late.
Chance for invest 100% good.

MACD is under midlle line 0, that means higher chance for higher DOWN TREND and better volatility .
Stoch is in good position for revers.
Fibonacci zone is from last 50 days for DOWN TREND.

I follow situation on USDJPY last few days for now i can say we have today very strong JPY and USD is the weekest today.
All my indicators on chart and others on MT5, showing we will have DOWN TREND from today.
Fundamental analysis for today showing not to much big events, for sure i can say this pair going more down.

Global news informations for USDJPY from experts:

-USD/JPY slides further on rate cut expectations
-US Dollar tumbles after Powell’s comments, amid lower US yields. ( information from 10.7.2019)
-USD/JPY is currently trading at 108.14, printing fresh lows in Asia as the dollar continues to slide. Powell’s testimony weighed on both US yields and the greenback.
-Support levels: 108.35 108.00 107.65
-Resistance levels: 108.70 109.00 109.40
- The US Dollar Index ( DXY ), which gauges the greenback vs. a bundle of its main competitors, is now visiting the area of weekly lows near the 97.00 mark in the wake of Powell’s remarks (Information from 10.7.2019)
-US Dollar Index retraces this week's gains on FOMC Chairman Powell's remarks. (Information from 10.7.2019)
-Powell acknowledges risks of persistent weak inflation . (Information from 10.7.2019)
-USD/JPY analysis: at a brink of turning bearish

TP1: 107.800
ENTRY: 108.100+-
SL: 108.530
Chart time frame - 1D
Time for reaching TP - 8 - 48 hours

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Trade active
Comment: - USD/JPY dips below 108.00 as Treasury yields extend overnight losses
-USD/JPY is under pressure on softer treasury yields.
-Trade tensions likely adding to bearish pressures.
-The pair may suffer a deeper drop during the day ahead if the equities turn red on trade concerns.
Comment: In forex, the move out of USD is continuing, with underperformance across the majors. It is interesting to see outperformance of JPY on this move.
Comment: Looking at the momentum indicators, the RSI is falling below the 50 level, while the stochastic oscillator has already completed a bearish crossover within its %K and %D lines in the overbought zone, suggesting the end of the bullish phase.
Comment: Powell Testimony Crashes the USD

The dollar continued on a bearish trend on Thursday after Federal Reserve Chairman Jerome Powell set the stage for a rate cut later this month Powell committed that he would accommodate the world’s biggest economy and act appropriately to ensure that it would be able to sustain a decade-long expansion. The USD sold off as a result of the dovish stance of the Fed chair and is now on the verge of breaking significant levels weakening further.
Trade active: USD/JPY Current price: 108.18
-USD/JPY Analysis: dollar retains post-Powell’s weakness
-Japanese industrial-related data continued indicating a steeper economic slowdown.
-The US will release today the final version of June inflation, with core CPI seen at 2.0% YoY.
-USD/JPY has broken below the 108.60/70 price zone, which increases the risk of a bearish extension.
Comment: USD/JPY had carried on a little higher early, touching just above 108.60 but its back circa 108.40 now.
Comment: Experts are bearish in the short-term, bullish in the medium term and neutral afterward.
Trade closed: target reached: 300 pips easy :) lets go for more today new idea about USDJPY
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