USDJPY M30 chart As the short-term indicators show decline but the uptrend will continue in the daily terms. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
4HR After broke and retest the 108.85 key zone i enter a short swing trade i belief that we gonna fall down and hit the weekly support level the next couple days on the daily chart we can see a MA crossover that gives us a good conformation for a new trend My Target is the 106.90 if we can see at that price a lot of buyers pushes the market up ways SL 60...
As seen in the monthly chart above, the price has been tested to top band but failed and falled back. In this case, we can expect to fall to the blue support line. Most likely it will broke it and reach the red support line. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the...
Chart says it all! Safe trades Bud
USDJPY offers very controversial signals. The first breakout will determine the trade.
UsdJpy - H4 time frame - Short setup under a weekly supply zone. expecting a sharp reversal down to 200 pips and maybe lower for this pair.
Hello Traders, USDJPY is set to fall as the DXY index falls. However, the technicals for this particular pair tell me that price will continue to move higher. If you choose to take the short side of this trade you may do so on smaller time frame and with a tight stop loss. The goal of the short would be to see price go into the consolidation zone.
Right now, it appears that USD/JPY is trending back up to triangle resistance. Right now, we are at the 50% retracement mark so watch closely for signs of reversal or other patterns forming on lower time frames to see which direction this thing might go. Otherwise, wait until it hits the resistance line and see what happens. Good luck!
Morning traders! Today let's see USD JPY , in lower timeframes in my opinion there is some short opportunity until 106 zone , price has been rejected from 108 zone 2 times and that's an important resistance zone , while in long term , into the daily timeframe i've seen a potential inverted H&S , is still forming , it's just a potential signal so don't take that...
For all the swing traders out there who tend to keep their trades for a long period of time, keep a note that the previous resistance is now acting like a support as we can see that the support was broken on September 2014 and then the price retested it several times From May to November 2016. But failed to break the new found support. On the long term perspective...
Fundas - So with the Dollar starting to show some strength towards the end of this week and no more major catalysts for the short term, bulls may be testing the waters from here. The main risk to the markets is the Syria situation, which seems to be clearing up, however weekend gap risk still remains if new information comes to light. Techs: I don't trust an...
We have reach the H4 of rejection 106.866 and reject as history has strong support and resistant in this range,we looking for a quick profit for price to go up to 107.433 which a previous wall for Dollar and YEN. Please trade at your own risk.
We have two options, the fist one is to go stright to the 108.00 level that I think is more probably, because the trendline has been broken, the lower low have divergences and we have a continuation pattern on price action on Daily candles. On the other hand the price could fails to break the outer trendline and this would be a signal of confirmation to go...
Forming a descending triangle. If we see another rejection around the 105.5 area we could get a good opportunity to buy.
USD/JPY has been the most confusing dollar cross as other have rapidly depreciated against the dollar whilst the Yen has done the inverse and actually Appreciated! All thing being equal, the global equities sell off and corrections could spell pure investor fear causing large funds sucking up lots of Yen in Anticipiation of a Market Drop. The 106.50 Key weekly...
The USD has been challenging to trade in the recent global market environment Long-Run equilibrium exchange rates may be changing due to Central Banking policies & inflation Covered interest parity is being challenged with recent market events Being long the Japenese Yen Trust (FXY) offers significant upside via a bull call spread We have outlined trade which...
USDJPY currently playing on a critical area, a bounce or break of the zone will give more clarity For now, it's a no trade for me
UsdJpy - Daily chart - expecting bullish extension legs from here for all jpy pairs. Technically I see dollar index and jpy pairs on a pull back so good setups across all dollar and jpy pairs.