DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". I have been watching this pair for a long time and have been highly interested as well as profited from it. The wat the price action has moved and...
Daily outlook: EUR/JPY down by 1.19% Contrary to expectations, the Euro broke out from a symmetrical triangle in the downside direction. In the process, the currency rate managed to bypass the medium-term ascending channel’s bottom trend-line, the monthly PP and R1 and the weekly S1 and S2. Even though 70% of traders continue to remain bearish on...
AUD/JPY 1H Chart: Channel Up The Australian Dollar is trading against the Japanese Yen in a small ascending channel. The pattern formed in the result of a 100-pips depreciation of the Aussie amid a speech delivered by the RBA Assistant Governor Kent. At the moment, it consists of two reaction highs and lows and, thus, might be broken in the nearest...
AUDJPY has broken this small degree rising trend. Bullish divergence for a potential correction to the uspide. Expencting one more wave down for this pair.
Keep look this weak and last bullish of EUR i guess you can speculation with small volatility for short in Intra-Day but becareful i think wating for long @130.174 -@129.588 might be a good price
USDJPY is in a strong downtrend on 4h chart. It's reaching the lower trendline in this contracting structure. Let's see if it can go for a wave up. A strong breakdown invalidates this setup.
The Swiss Franc is depreciating against the Japanese Yen in a descending channel pattern on a small scale. However, by looking at the larger scale situation of this two safe haven currency pair, it can be observed that the pair might soon surge. The currency exchange rate has encountered the support of a medium scale channel down pattern. Most likely the rate will...
Simple technical analysis using support and resistance to identify and long term short for usdjpy. Maybe even a breakdown in the near future.
USD JPY (US Dollar / Japanese Yen)
Technical anlysis only: While we are seeing GBPAUD to fall, we expect a AUDJPY to rise. Trendline rejection coincides with pivot support for 2017. Target in yearly Pivot R! coincides with fibonacci 1,382 Weekly stochastics are oversold with a confirmed weekly golden cross. Risk/Reward: 1,9
Euro is moving higher against Japanese Yen. There is room until 130.200, where I would suggest to take profit. Afterwards, it will be necessary to monitor the price action before taking a short position. For further trading ideas, please check-out? www.wallstreetimes.com
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright so on my last analisys for this pair I saw the bounce and the end of the that downtrend. So lets see how high this pair will go. Monthly: Ok...
Good day everyone, For the past couple of months I've been learning about FOREX , therefore I am not sure if the following event is going to occur, so don't pin yourself down on it. Today I was playing around with the EUR/JPY charts. I started looking at the month, week and day charts and was testing out some Fibonacci retracement levels. What I found out,...
Short Idea on USD/JPY 1:5 Risk/Rewards
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". "The trend is your friend 'til the end". Lost a bit of money on this pair this week. Lets take a look: Daily: Alright so we started Week 20 with...