USDJPY is taking off from a solid horizontal support. After the test of the underlined blue area, the price formed a doji candle on that and then we see a huge imbalance. I expect a bullish movement at least to 149.78 ❤️Please, support my work with like, thank you!❤️
XAUJPY after sharply rising from the long term Lead-In trend line and Horizontal Support Level, is now currently testing the supply line of a local Right-Angled and Ascending Broadening Formation it has developed at the highs and seems to have completed an RSI BAMM and is now looking to do an impulsive move down. If the impulsive move down is great enough, we will...
After a test of a significant daily structure resistance, EURJPY retraced and formed a head and shoulders pattern on a 4H time frame. Before the market closed, the price violated its neckline and closed below that. It is an important sign of strength of the sellers. The pair may keep falling now to 156.7 support level. ❤️Please, support my work with like,...
CHFJPY is trading inside a Channel Up, which made on October 3rd the latest Higher Lon on the 1day MA100. The price is already near Resistance A (166.550) and the 1day RSI bullish above the 60.00 level. Buy and target 172.000 (less than the previous -9.60% rise). Previous chart: Follow us, like the idea and leave a comment below!!
The AUDJPY pair is testing the 1day MA50 today having formed Lower Highs since the June 19th peak. If the 1day MA50 breaks, the MA200 should be put up for testing but it is more likely to test the July 28th Low as the same weak pattern did in 2022. Sell and target 92.000 (over the 0.5 Fibonacci level). Follow us, like the idea and leave a comment below!!
Take a look at GBPJPY. I see strong signs of a bullish reversal on a daily time frame: the price formed a huge inverted head and shoulders pattern, a neckline of the pattern and a resistance line of an expanding wedge pattern were successfully broken. I anticipate a growth now. Goals: 185.4 / 186.5 ❤️Please, support my work with like, thank you!❤️
✅NZD_JPY is trading in an Uptrend long the rising Support and the pair broke The key horizontal level Of 89.600 too which reinforces Our bullish bias and I think that We will see a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
After a test of a solid horizontal resistance, GBPJPY dropped and violated a support line of a rising parallel channel. To me, it is a strong bearish signal. I would expect a bearish continuation at least to 181.16 level. ❤️Please, support my work with like, thank you!❤️
EURJPY is trading inside a Channel Up starting from the beggining of the year. The MA100 (1d) gave the necessary Support last week at the bottom of the Channel UP. Trading Plan: 1. Buy once the price closes over the Falling Resistance. Targets: 1. 166.700 (+8.00% rise as per the bullish leg prior). Tips: 1. The RSI (1d) hit Support (1) and rebounded. This...
✅NZD_JPY is trading in a Massive rising wedge pattern And the pair is now going up To retest the rising resistance Of the wedge from where I think that we will see a Pullback and a move down To retest the rising support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURJPY is trading inside a Channel Up for the past 7 months, consolidating currently around the 1day MA50. The Channel Down on the 1day RSI hints towards a possible price pull back, the same kind that took place in November-December and June-July 2022. Both corrections touched the 1day MA200. Sell and target 152.000 (projected contact with the 1day MA200). ...
✅EUR_JPY is going up now But a strong resistance level is ahead at 158.548 Thus I am expecting a pullback And a move down towards the target at 157.884 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders! On Tuesday 3 Oct, The USDJPY Price Reached a Resistance Level (150.315 - 150.160). -The Price Formed a Rising Wedge Pattern ! -The Support Line of The Wedge is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 146.630🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello,Traders! USD-JPY was trading in a Narrowing rising wedge But the a breakout happened So we are now bearish biased So I will be expecting a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USDJPY is going test 150 level again. While dollar doing better, Probably usdjpy will go up. Wait price to test 150 then get another review.
Hi Traders! On Wednesday 16 The GBPJPY Price Reached A Monthly Resistance Level (186.098 - 186.805) The Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 ----------- TARGET 1: 180.750🎯 TARGET 2: 178.700 (If the price breaks and closes Below Support Line) ___________ if you agreed with this IDEA, please leave a LIKE,...
Hello Traders! On Wednesday 16 The GBPJPY Price Reached A Monthly Resistance Level (186.098 - 186.805) The Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET 1: 180.750🎯 TARGET 2: 178.700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The Japanese yen has recently dropped below the critical threshold of 150 per dollar, primarily due to mounting concerns regarding intervention measures. In light of this situation, I strongly urge you to exercise caution and consider pausing yen trading until further clarification is obtained. The sudden decline in the yen's value has raised concerns among...