Hello,Traders! EUR-JPY fell down to Retest the horizontal Support of 156.668 And we are already Seeing a local bullish Reaction so I think that The pair will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bearish GBPJPY as Japan's key economic ministers warn of currency intervention Japan's key economic ministers have warned of currency market intervention, keeping investors wary of a further sell-off in the yen and weighing on the GBPJPY exchange rate. The yen has weakened sharply against the dollar in recent months, hitting its weakest level in nearly a year...
✅EUR_JPY went up to retest a horizontal resistance level of 158.500 Which makes me locally bearish biased And I think that a move down From the level is to be expected Towards the target below at 157.631 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders! On The Daily Time Frame, The NZDJPY Broke a Strong Resistance Level (88.310-88.693) Currently, This Resistance Level Becomes New Support Level. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 89.350🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
As you are aware, the USD/JPY currency pair has been experiencing considerable volatility lately, with the exchange rate approaching the critical level of 155. While we strive to maintain a balanced and unbiased approach, it is essential to acknowledge the potential consequences if the USD/JPY falls beyond this threshold. In such a scenario, it is highly likely...
Hello There! Welcome to my new analysis about CHFJPY on several timeframe perspectives. The CHFJPY conditions have accelerated to an unnatural dynamic recently as the pair moved into new highs instead of the massive overbought condition and the fact that this main reversal into the bearish direction should have setup already long times before especially...
USDJPY is trading inside a short term Channel Up. Every recent rise has ranged from +1.40% to +1.96%. The 4hour RSI is on 77.60 (Resistance A), the highest it has been since August 16th. All the above justify to start a selling sequence as long as the price doesn't cross over the Channel Up. Target the 4hour MA100 at 148.750. You can start shorting and target...
GBPJPY got flatly rejected on our last idea as it peaked on the HH trendline and crossed under the 1D MA50 (chart at the bottom of the analysis). Even the Channel Up broke downwards and the 1D technical outlook is bearish (RSI = 38.762, MACD = -0.520, ADX = 38.784) officially. A new Channel Down has emerged, which shifted the 4H MA50 to a Resistance after the...
Hello Traders! On The Daily Time Frame, The CHFJPY Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 162.500🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
OANDA:USDJPY Support Resistance Support resistance | fibonacci | pivot points | price action | Fractals market
USDJPY has been extending the fierce rise inside the Channel Up on a healthy bullish 1D technical outlook (RSI = 64.951, MACD = 0.990, ADX = 45.150). The 1D RSI has turned sideways since August 16th, a first indication that the uptrend might be losing steam. In our view, it is entering the last stage of this rise before a rejection to the 1D MA100 is...
NZDJPY broke and closed above a key daily structure resistance. Taking into consideration that the market is currently rallying, such a violation may trigger one more bullish wave. I anticipate a bullish continuation to 89.4 ❤️Please, support my work with like, thank you!❤️
Introduction: In the ever-evolving world of currency trading, it's crucial for traders to stay informed about potential interventions by central banks. The recent Federal Reserve meeting has sparked speculation about the Bank of Japan's (BOJ) next move regarding the yen. This article aims to examine the likelihood of BOJ intervention and provide a cautious...
NZDJPY is trading inside a Channel Down with the price rising after a bottom check in the past 20 days. The 1D technical outlook is neutral (RSI = 53.482, MACD = -0.002, ADX = 31.647) meaning that if this is a bullish reversal inside the Channel, there is still time to enter. The trigger signal will be a cross over the 1D MA50, that will be our entry and our exit...
CHFJPY formed an important high momentum bearish candle last week. With one single candle, the pair violated a lower boundary of a horizontal range, and the market also closed below a major rising trend line. It makes me think that the pair may go lower. Goals: 162.42 / 160.8 ❤️Please, support my work with like, thank you!❤️
This inverse Head and shoulders has produced fantastic gains already What suggests that final target will be met is that Yen vs other crosses is still yet trigger their respective necklines! I assume more madness to come from the #BOJ in the next Financial Panic. Like the Bank of England another Island nation probably first to embark on a new wave of...
It has been a month exactly since we made this break-out signal on the NZDJPY pair: The price has made a successful rebound at the bottom (Higher Lows trend-line) of the Bullish Megaphone pattern. As mentioned our buy break-out signal was when the pair closed a 1D candle above the Lower Highs trend-line. That coincided with a closing above the 1D MA50 (blue...
The Japanese yen has taken a tumble after the Bank of Japan's decision to hold interest rates steady. Meanwhile, the perfect trading scenario has emerged with the US dollar/DXY. It's time to capitalize on this golden opportunity and make some profitable moves! So, fasten your seatbelts and get ready to ride the wave of success. The Bank of Japan's Impact: The...