I think this is the only area that USDJPY can only go down at this moment. I am right on my previous analysis that it will go down because I see every single damn Timeframes from 4H-1W being oversold. However JPY is very weak at this year so I would say its good to buy at the lowest price possible. If it goes down, just rebuy but watch out on your lot sizing. NFA :)
✅NZD_JPY is retesting a resistance level From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-JPY was trading in an uptrend But then the pair broke the rising support line And as it now retesting the broken trend-line I am expecting a bearish move down To retest the support below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hey traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 161.4 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
The Japanese yen fell to a seven-year low of 125 against the US dollar on Monday as the Bank of Japan continued easing its monetary policy further widening the gap with the US Federal Reserve’s hawkish tone. But instead of seeing it as a threat to the Japanese economy, the BOJ reiterated that a weaker yen would have positive effects on pushing Japan’s GDP...
The Japanese yen fell to a seven-year low of 125 against the US dollar on Monday as the Bank of Japan continued easing its monetary policy further widening the gap with the US Federal Reserve’s hawkish tone. But instead of seeing it as a threat to the Japanese economy, the BOJ reiterated that a weaker yen would have positive effects on pushing Japan’s GDP...
Hello, Traders! USD-JPY grew by 9% in less than a month Which is an extraordinary move for such a major pair In such a small period of time Which clearly indicates to us that the pair Is overbought at least in the moment Thus making me expect at least some Bearish correction towards the target below Sell! Like, comment and subscribe to boost your trading!...
Hello,Traders! GBP-JPY is trading in an uptrend Along the rising support line And today the pair spiked up sharply Then retested the rising support again And I think that we will see bullish continuation From the level towards the target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
I was assuming that the markets just got open and I feel like reversal are coming anytime soon. That is why even though it goes up I do the opposite. I am more of a Swing Trader, so probably you might got confused why I do that decision. Just looking 50-100 pips here and we are done
Man if you are just going to look on each timeframe, Weekly, Daily, 4 Hours, 1 Hour, it is too much and I believe that every markets have correction. I think in this case, I can make around 50-60 pips then just wait for the best entry to buy again. Trade at your own risk. I am just risking 1% of my money here.
Hey traders, in this week we are monitoring GBPJPY for a buying opportunity around 159 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 91.6 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
USD/JPY has been rising since January 2021. It becomes unstoppable. As all beginnings have an end, no matter how high USD/JPY rises, it will wear out very soon. But firstly, we have to understand why it is rising. Why is the Japanese Yen weak against all currencies despite being a safe-haven asset. The Bank of Japan itself acts as the mastermind behind the...
Hey traders, in the coming week we are monitoring USDJPY for a buying opportunity around 121 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
AUDJPY reached a key weekly structure resistance. On that, the price formed a double top formation. It looks like now we may expect a correctional movement. Goal - 89.1 ❤️Please, support this idea with like and comment!❤️
Hey traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 84.1 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
✅EUR_JPY will be retesting a resistance level soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-JPY broke a horizontal resistance In a powerful way and surged up Towards the rising resistance above And despite the fact that these lines are unreliable I think the pair is locally oversold Thus a retest of the broken level below seems likely Sell! Like, comment and subscribe to boost your trading! See other ideas below too!