Lanmar

USDJPY over the next 5 years

FX:USDJPY   U.S. Dollar / Japanese Yen
421 0 12
If I had to guesstimate how USDJPY             will trade in the next 5 years. I am currently long. I will go short at C and will buy at D if these prices hit on my long term signal.
Comment: Keep eyes open for this possibility. 116 is next level to either take long profits or look for shorting opportunities. Look at metals if we see this price level - I imagine they should be buys.
Comment: 116 is the place to short if we see a retracement. A break and close above 116 on the weekly violates the short thesis.

snapshot
Comment: All signs show that we are now approaching the 104 - 101 region. 101 has been an extremely supportive price level for many years (2000, 2004, 2014, and 2016), however, it's had its fair share of breakdowns and breakouts as well. Whenever price definitively breached the 101 level, the JPY lost or gained 20% against the USD consistently since 1993. Comparing USDJPY to EURJPY and GBPJPY, it seems that USDJPY has A LOT more vulnerability to the downside.
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
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