Hello,Traders! USD-JPY is already making A local pullback from the Horizontal resistance of 146.500 And the pair is oversold So I think that it will go down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Preferred direction: SELL Comment: For Gold , we also consider two scenarios simultaneously. Since, against the backdrop of the publication of inflation data, it is quite logical to expect increased volatility, and false movements are not excluded. Our main direction is to sell and consider a fall to the 2000 level, with the potential for further...
USDJPY may start strengthening on the back of a rising dollar after the end of a small correction. All last week the market received strong news for the dollar. At the moment there is a bullish mood in the market Prerequisites for further growth: 1) The dollar is strengthening fundamentally 2) Yen is technically weaker and continues to fall 3) Retest of support...
My dear friends, Please, find my technical outlook for USDJPY below: The instrument tests an important psychological level 141.02 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 143.29 Recommended Stop Loss - 139.97 About Used...
Hello,Traders! USD-JPY went up sharply Then hit a horizontal Resistance of 145.00 From where I think We will see a local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
TVC:GOLD Analysis : By checking the gold chart in the daily time frame, we can see that the price based on the latest analysis and opinion we had in these first 2 days was accompanied by a slight upward fluctuation and then continued to correct again with a heavy fall, The price is currently trading in the range of $2050 and we will probably see a further drop...
With the new review of the Euro/Dollar chart in the 12-hour time frame, we see that the price has fallen after entering the specified supply zone, and the close price of last week is 1.10375! The important supply zones are 1.10840 to 1.11400, 1.11495, 1.11930 and 1.12270 to 1.12800 respectively! The demand ranges are 1.10200, 1.09780, 1.08890 and 1.07720 to...
I'm just shooting a guess here. During consolidation downtrends, we expect the price to touch the downtrend and come down. But the price action is seemiling quite bullish. The last couple of candles formed have established somewhat a strong support with a potential W FOrmation... So if the price breaks above the neckline, we could see a bit of strength for...
With the first trade working out on the USDJPY with the move from resistance of the top of the channel to the bottom with bearish RSI divergence its now setting up for another move to the downside with a break of the upward channel. For the second trade I am now looking for a retest of the break, there is some very good support with two trendlines converging...
On the Monthly chart, this pair is currently retracing bearish inside a Bullish PB. On the Weekly, we can see that this pair is in a large bearish grind. We sent out a bearish analysis a few weeks back. If you didn't see it, be sure to take a look at it. Let's go further down in our analysis of this pair. On the Daily Chart, this pair has continued its bearish...
Trade Idea for USD/JPY Bias: Counter-Trend While current fundamentals might suggest different directions for USD/JPY, there are unique circumstances hinting at a possible counter-trend scenario: Bank of Japan's (BoJ) Intervention History: As USD/JPY approaches the pivotal 150 level, it's crucial to remember that the BoJ has previously intervened in the...
✅USD_JPY has formed a Bearish triangle pattern From where I will be expecting A bearish breakout and a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-JPY is trading in a Downtrend and the pair Is breaking out of the Bearish triangle so I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The price could potentially break though the buy entry and rise to the take profit level. Buy entry is at 141.430 which is a multi-swing low resistance level. Stop loss is at 140.298 which is a level that sits under a pullback support. Take profit is at 144.531 which is swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin...
The price has broken the swing-low support and is reversing to the take profit level. Sell entry is at 141.014 which is a swing-low support level. Stop loss is at 142.880 which is a level that sits above a pullback resistance. Take profit is at 138.621 which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
USDJPY is on the MA200 (1d) on top of the Rising Support Zone. That is the bottom layer of the long term Bullish Megaphone pattern, a very strong rebound range. Trading Plan: 1. Buy on the current market price and as long as the price stays on the Support Zone. Targets: 1. 151.980 (Resistance 1, the previous High). Tips: 1. The RSI (1d) has formed a Double...
The EURJPY currency pair may continue to fall as accumulation is forming amid the bearish trend. There is a weak flag on the downtrend, which is a set-up for further price decline. Besides, the false breakdown of resistance also indicates the market sentiment Reasons for further decline ↓ 1) range formation on the background of the dovntrend 2) resistance...
✅USD_JPY is trading in a Downtrend below the falling Resistance line and we are Already seeing a bearish reaction After the retest of the resistance So I think that the price will Go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅