On the daily chart, the AUD/JPY pair is in a strong support area, where the yearly trendline intersects with the monthly uptrend line and a monthly zone, in addition to a bearish weekly trendline, Fibonacci 61.8%, and the 100-week moving average. This indicates a high likelihood of strong price support at the level of 87.6. However, on the 4-hour timeframe,...
Hello Traders 💖 On the Weekly time frame, the USDJPY Has Rejected a Major Key Level. Currently, The Price Breaks the daily Support Level, the old support becomes new resistance level ✔️ So, i Expect a Bearish Move 📉 i'm waiting for a Retest... ----------- TARGET: 131.500🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
OANDA:USDJPY Took a quick short on the UJ for hard 10pips, before Michigan Consumer Sentiment. Why only 10? I say, "Why not." For me, it's easier to predict (guess) price action to hit a closer TP, versus a TP that is so far away, that I need use binoculars to see clearly. Stoploss? I say: "Trade management" Trade smart Trade safe Trade well
CADJPY formed a cute double bottom on a key horizontal support on 4H. Its neckline was broken during the Asian session. I believe that the pair will most likely bounce. Target - 98.3 ❤️Please, support my work with like, thank you!❤️
Japanese Yen is nearing a crucial point of FIBO level 61 This level can be see as a pivot point for price action many times over and over again The yen fundamentally is in a 20+ Year run of Qualatative easing and negative interests rates The new BoJ Ueda seems very reluctant to use any type of terminology that leads one to believe that a swift change is on the...
OANDA:USDJPY BIG NEWS, HUGE NEWS UK Government officials are NOT abe to day dream on TikTok on their work mobiles any longer, now they have to work during work hours. OK, I got that out of the way. Took a short on the heels of news release of Building Permits, as the DXY (dollar index) pushes lower at that minute. Trade took less that 5 minutes for a hard 10...
Hello traders, I want share with you my opinion about Japanese Yen. Watching the Japanese Yen, we can see how the price formed the buyer zone, from which it begin to move up and formed an ascending channel. The price reached the level 138.00 bounced back, broke through the support line and exit of channel. After broke the support line, the price continue to fall...
OANDA:USDJPY Heading into another high impact news release out of Japan, the Balance of Trade, I took a short scalp of 10 pips hard TP with tight stop loss at this hour. This scalp took about 10 minutes. Nice to have a few easy ones in the books. Now we sit on the sidelines and wait for price action after this news release to settle in. Trade smart Trade well
From my analysis, USDJPY is likely going pull back to $132.99 before selling to $130.66. If this analysis hold, the sell entry should give a Risk/Reward ratio of 1:4 Follow, like, comment and share
15 March 2023 $USDJPY London Session BUY Trade #forex #trading Entering the first trade on $USDJPY, London Session. Rallying on that Bullish momentum. BUY $USDJPY. Motto: Simple and Clear. Cheers, G.
OANDA:USDJPY With a crazy unexpected week of our wonderful banking institutional surprises and hopes of FOMC not raising rates by 50 basis, it has been a wild week thus far. Scalped my 10 hard pip TP before NYSE open. Trade management Trade well everyone, be safe
OANDA:USDJPY UJ pair has always been good to me, sometimes a pain, but in general, it has been kind to me. Might me slow and boring, but safe for me. Short scalp 10pip hard TP Trade well
BUYING $USDJPY on NY Stock Open #Forex #Trading Moved too fast... Let's see how it plays out. Cheers, G.
CHFJPY is trading in a minor bullish trend on a daily. The price was accumulating for 3 weeks within an ascending triangle formation. Its resistance was broken on Friday, we see its retest now. I expect a bullish continuation to 148.3 ❤️Please, support my work with like, thank you!❤️
OANDA:AUDJPY Slow morning AGAIN during NYSE session on the currencies. Thinking about adjusting my hours and watch Asian into London close action. Got my hard 10pips short. Slow morning, and brought my entry chart a bit lower to close it if price action went against me Trade well
NZDJPY formed a cute double bottom pattern on a solid support on 1H time frame. Its neckline has just been broken. I expect a pullback to 83.24
Onto the 2nd Trade outlook on $USDJPY 13Mar2023 #forex Potential SELLS on $USDJPY. Bearish momentum... Cheers, G.
1st Trade of the Week, a SELL on $USDJPY #forexmarkets #trading Currently anticipating a continuation of the bearish momentum on the $USDJPY going forward. Looking for potential SELLs on key support and resistance regions as highlighted on the chart. Waiting for the breakouts. Cheers, G.