FX:USDJPY   U.S. Dollar / Japanese Yen
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Analysis on the chart, feel free to post your opinion!
Comment: This article support my view: http://www.fxstreet.com/analysis/daily-fx-market-roundup/2016/02/02/

but also give some reasons to a upcoming drop on the currency, if it drops will be good to buy!
Comment: Today it crashed, will it range between 115 and 125 again? I bet on that!
To update about the "crash" today on the USDJPY. I think there's a really good long opportunity here (as odd as that sounds). You can set stops at the major swing low and hold for new highs at 125. The downside price action suggests a potential move higher or a HUGE move down (one or the other). The R/R ratio to the upside is too good to pass up. Even if you are right 10% of the time you profit!
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Great analysis Piet Hein, we agree.
It is morning analysis published on my Wall

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Piet.Hein NTrading
yes, thats exactly what I think too. Good analysis!
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monthly chart shows bulls are knocking on the door with very strong power we gonna see break up very soon although for pattern traders there is one more move down is possible to test the lows again but what i see if price maintain the sharpness then we gonna see break up and if it lose its momentum then we may see possible move down
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Piet.Hein GoodLuckbabe
Very good analysis mate, agree with you.
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Good analysis :)
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Thanks friend :)
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im shorted. i feel it has a lot of evidence that it will drop!
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Piet.Hein ForexMillionairez
Technically I see a lot of evidence that it can be a good short opportunity too, but fundamentally I see the opposite. Good luck mate :)
+3 Reply
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