Hey traders, EURJPY is testing a key level. The price formed a double bottom on that and broke its neckline. I expect a pullback from the underlined structure now. Goals: 143.76 / 144.2 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
JPY – The yen rose over 1% on Wednesday after the Bank of Japan conducted a rate check, possibly in preparation for currency intervention. Summarising the market’s current view, CIBC stated: “Most market participants are on pins and needles awaiting whether or not we’re going to get any sort of intervention from the ministry of finance in Japan. It’s one of...
The EURJPY pair is pulling back currently after marginally breaking above the June Resistance Zone. This continues to repeat the fractal of 2020 as we pointed out in our last analysis: As you see the projection was correct as the price rebounded exactly on the 1D MA200 (orange trend-line) just like on November 02 2020 and hit the Resistance Zone. If the...
On a today's live stream we discussed USDJPY pair. The pair is currently stuck within a horizontal trading range: 144.55 - 145.0 is its resistance 141.5 - 142.6 is its support. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios: If the price breaks and closes above the resistance of the range, I will expect a bullish...
The market focus remains on JPY and the possibility of intervention by Japanese financial authorities. However, European market participants appear more sceptical. Indeed, ING analysts note: "Never say never. They have been stepping up the rhetoric lately. But I would be cautious about the inevitability of their intervening. Japan is a signatory to the G20 and...
HELLO GUYS THIS MY IDEA 💡ABOUT SGDJPY is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this long position.. and when the price come back to this area, strong buyers will be push up the market again.. UPTREND + Support from the past + Strong volume area is my mainly reason for...
HELLO GUYS THIS MY IDEA 💡ABOUT USDJPY is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason...
Hello Traders, here is the full analysis for the pair ChfJpy , let me know in the comment section below if you have any questions. The ellipse could represent a possible zone with good risk/reward to accumulate short position. Please note that all the information and publications here are not meant to be, and do not constitute, financial, investment, trading, or...
Hey traders, GBPJPY pair is very bullish from the beginning of the last week. The price broke and closed above a key daily supply area yesterday. The broken structure turned into a key support now. I expect a bullish movement at least to 167.8 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Most of the movements of the GBPJPY currency pair are side movements; Well, here we have two large and small side areas, where the price is near the ceiling of the large side area. In the first stage, it can move from the ceiling of the large side to the ceiling of the small side, and then continue to move in the area of the small side.
HELLO GUYS THIS MY IDEA 💡ABOUT USDJPY is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason...
Hey traders, EURJPY reached year's highs. I expect a pullback from the underlined blue structure to 143.06 / 142.63 levels. I see a tiny little head and shoulders pattern on 1H time frame, confirming the strength of the underlined resistance. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Those who are wondering, when USDJPY will finally stop, I want to remind you that earlier we spotted together 146.0 - 148.0 resistance cluster. It is the closest historical level based on 25 years' high. Be prepared for a further bullish continuation to that area. ❤️If you have any questions, please, ask me in the comment section. Please, support my work...
Euro/Japanese Yen is approaching the lines of resistance that have been broken. I have shown you the possible next moves on my chart. 🔅Euro/Japanese Yen Analyze ( EURJPY ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your...
CADJPY is trading in a bullish trend. Setting a new high last week, the pair retraced to a key demand area. I will expect a bullish move at least to 107.07 from that. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
New Zealand Dollar/Japanese Yen is running inside the resistance lines. Also, it can make a Bearish AB=CD Harmonic pattern in my PRZ(Price Reversal Zone). I expect that New Zealand Dollar/Japanese Yen will go down at least to the Trend line and support zone. 🔅New Zealand Dollar/Japanese Yen Analyze (NZDJPY) Timeframe 4H⏰. Do not forget to put Stop loss for...
My bias is long for the following reasons Confluences: -Largest TF uptrend -Bullish flag formation -Strong daily support formed -Descending triangle pattern *** Opposing forces: -Sporadic global economic fundamentals
#10 Mortgages The chart below shows the average single-family U.S. home price multiplied by the 30-year fixed mortgage rate. This chart attempts to show how dramatically higher the financial burden of home ownership has become in the United States. Using a cross chart allows us to better visualize the rate of change. Each cross represents one month. We...