💹USD/JPY ⏬SELL @ 109.614 ✅TP-1 # 109.121 ✅TP-2 # 108.511 ⛔️SL 110.660 📊 Trade Accuracy 80% 📊 📊Follow Money Management & Use S.L📊 Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. AronnoFX will not accept any liability for loss or damage as a result of reliance on...
USDJPY 1H-TIMEFRAME ANALYSIS Hello ladies and gentlemen This is my new idea for USDJPY My idea is that the pair will continue to uptrend targets 105.77 106.26 I hope my idea is clear Support me by like and share Good luck
Comments section has unchanged Daily Long bias Idea Like this idea? Like, Share, Follow, and Support this channel for yet better content.
When breaks and retests that line, you can open a sell position.
USDJPY is expected to drop to 1st support at 107.742 where it could potentially react off and up to 1st resistance at 109.002. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY BULLISH SETUP Hi Guys, the USDJPY is in a corrective structure, this is one possible way it could develop next week. I will watch it as it develops and updates the possible trade setups, short-term, and medium term. Thank you for your support.
USD/JPY tries to break from triangle Despite release of mostly negative employment data on Friday, the currency exchange rate managed to break through 50% Fibonacci retracement level located at 113.00 and the upper-boundary of one-month long symmetrical triangle. As the pair has crossed already most of the technical indicators, the surge is expected to...
USD/JPY moves between two SMAs In the end of the previous week the currency exchange rate made a breakout from the rising wedge formation. However, because of a decreased liquidity that was caused by Christmas holidays it failed to make a rebound from the lower trend-line of a junior ascending channel. At the moment, it is moving horizontally being squeezed...
USD/JPY falls to 50% Fibo at 112.45 Due to interest rate hike by the Federal Reserve, the currency exchange rate got a downside momentum, which lasted until the pair reached the last combined support level formed by the weekly S1 and the 50% Fibonacci retracement level at 112.45. A successful recovery of the buck looks unlikely, as the rate will need to cross a...
USD/JPY fails to bypass 113.68 Most of the previous trading session the currency rate spent moving towards the 23.6% Fibonacci retracement level located at 114.03. Nevertheless, this target was not achieved due to resistance area formed near the 113.70 mark. As for today, a minor retreat back to 113.20 is possible. However, the Yen unlikely to gain much value...
USD/JPY heads towards 112.70 as expected As it was forecasted yesterday, after making a rebound from combined support set up by the weekly PP, the 200-hour SMA and the lower trend-line of a new junior descending channel the pair started moving in the opposite direction and even managed to bypass two other moving averages. The surge happened despite release of...
USD/JPY falls from rising wedge by 1.22% An announcement made by General Flynn that led to rapid sell-off of the buck against all major currencies perfectly matched with a breaking point of a readjusted rising wedge formation. Fortunately, bulls managed to create support near the 111.80 mark that was surrounded by the 100- and 200-hour SMAs as well as the...
USD/JPY breaks two-week long channel down For the first time in many weeks, reports about another ballistic missile launch made by North Korea did not led to appreciation of the Yen. The news from Asia most probably was beat by a series of positive news coming from the United States. From technical point of view, strengthening of the buck led to breakout through...
USD/JPY slips to monthly S1 at 112.04 Contrary to trade patterns theory, the currency rate did not make a breakout from the falling wedge formation to the north. Moreover, the safe haven Yen was quoted higher despite release of disappointing trade data. For this reason, the fall of the rate was most likely based on worries about vote for the new tax reform and...
USD/JPY moves to south as expected As it was expected, the currency exchange managed to break below both the psychological 113.00 level as well as the weekly S1 located at 112.86. A release of better than expected American retail sales and inflation data did not ruin this achievement. In contrast, it simply accelerated a rebound from the bottom trend-line of...
USD/JPY trades in descending channel During previous trading session the currency exchange rate expectedly approached and made a rebound from the upper-boundary of the current descending channel. As a result, now the pair is expected to continue moving to the bottom. This direction is also supported by the fact that the 55- and 100-hour SMAs are located above...
USD/JPY slips in new channel down As it was expected, different news coming from the United States and Asia created a downside momentum that allowed traders with bearish outlook to push the currency pair down to the 113.65 level. The further deprecation of the buck was stopped by a slope consisting from October 16 and October 31 minimums. An existence of this...