jpy

Romeo_Deris

Hello Fam! Double top pattern formed after price was rejected of the resistance zone for couple of times. The pair should be shorted if we have an additional bearish sign, such as breakout of the support trendline. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.

ridethepig

So much for the round of chart updates...@ridethepig has been taking some time off this summer to prepare for a very busy September onwards. 📌 NZDJPY retrace swing is running out steam at the 69.9x / 70.0x highs. While risk remains in the background despite the political fairy-dust, the urge to park capital in the Yen has been maintained but for how much...

TradingDragonFX

usd jpy long

SigmaTrading

Latest COT Data on GBP shows that the long contracts maintain their strong, bullish short-term momentum. This means that price will most likely push towards the 142.500 and 143.000 level. After that a correction will most likely take place, since the 142.500 zone is also a supply area which also aligns with the weekly upper trendline. We need to give our trade...

SigmaTrading

From a COT perspective, we can see that the JPY continues to have a strong long contract momentum. This week the big players dropped a large chunk of short contracts. From a technical perspective, we are entering a critical supply area. This and the COT data are enough for us to enter a trade with a good Risk to Rewards ratio. Our target will be the 109.000 level...

joediamond35

AUD/JPY is going to plummet quite a bit. this analysis is on the daily chart and can also be noticed on the weekly and monthly.

jonathancamilohoyos

USDJPY couldn't pass the resistance of 106,6. So the next week it could retest that zone to go down direct to 106,2 at first and then 105,50. This could be explain due to the USD weakness.

drewillixms

GBPJPY WEEKLY OUTLOOK AUG 17-21

MMFXSignals

EURJPY rebounded from strong daily supply zone at level 126.70 with bearish movement MACD shows start of bearish momentum RSI rebounded from overbought region It's expected for coming correction to target key level and restest major uptrendline near level 124.20

m_1010

CHFJPY looks like it could possibly reverse from this upwards movement. Target as shown.

VasilyPonomarev

EURJPY reached a key weekly structure resistance. this key level matches perfectly with a resistance line of a rising channel on a daily. once the market touched this line, we see a strong bearish reaction and bearish engulfing candle formation on 4h. based on that I believe that the price may drop even lower. goal -...

TradeGATEHub

AUDJPY is approaching 1st support at 76.32 where it could potentially rise further to 76.70. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

ForecastCity

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (126.05). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....

IAmGuerrero

Breakout? Reversal? Have a plan and wait for confirmation, great opportunities both ways.

Kinghulk

possible 1:8 risk reward on gold long

DACapitalTrading

Welcome to our weekly trade setup ( USDJPY )! - 1 HOUR Bullish market towards previous highs. 4 HOUR Expecting prices to push back down following mid term trend. DAILY Overall bearish market structure with a small pullback. - FOREX SWING SELL USDJPY ENTRY LEVEL @ 106.030 SL @ 106.420 TP @ 105.430 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels...

ThinkingAntsOk

🔸 DAILY CHART EXPLANATION: . . 🔸Yesterday we posted an analysis of this pair, stating that we were waiting for a brekout of the Resitance Zone before considering bullish positions. . 🔸Now, the Resistance Zone is being broken, so we are waiting for a consolidation on a lower timeframe. . 🔸 The potential target of the move is the next Resistance at 145.00. . 🔸 Will...

ForecastCity

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (125.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....