Australian Dollar Japanese Yen traded at 94.2260 this Tuesday June 13th, increasing 0.0160 or 0.02 percent since the previous trading session. Looking back, over the last four weeks, AUDJPY gained 3.35 percent. Over the last 12 months, its price rose by 1.26 percent. Looking ahead, we forecast Australian Dollar Japanese Yen to be priced at 93.7636 by the end of...
USDJPY - 24h expiry Bespoke support is located at 139.60. A Fibonacci confluence area is located at 139.60. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. There is scope for mild selling at the open but losses should be limited. Although the anticipated move higher is corrective, it does offer...
After a rather choppy week last week with a lot of red folded news we have seen the British pound Japanese yen push into a bullish movement this tells us that we look for the bullish continuation we have located our last swing low and our last swing high giving us a new bullish range we are going to look to buy this higher targeting the high of the range created...
US dollar to the Japanese yen gave us a pretty similar scenario to the British pounds of the Japanese yen we broke bullish providing a huge range powered by news and fundamentals we now have located the lowest half of the range with our unmitigated order block we are looking for price to run back to this order block and continue pushing higher. Based off of the...
NZDJPY gave us last time (May 05) a very accurate buy signal that hit the target (see chart below) and even broke the 1 year Resistance Zone: The pattern that emerged is a Bullish Megaphone, whose latest Higher Low leg is supported by the 1D MA50 (blue trend-line), having closed all candles above it. As long as it holds, we remain buyers and target Resistance...
CADJPY is trading within a Channel Up since the March 24 bottom. The price action maintained this bullish formation as not only did it recently made a Higher Low but from July 12 to July 18 all 1D candles successfully closed above the 1D MA50 (blue trend-line), something common since April 27. As long as this is taking place, we will stay bullish, targeting...
EURJPY is trading in a long-term bullish trend. After the price reached a 158 level, the market retraced to a rising trend line. The market is approaching the highs again now. Bullish breakout of the underlined blue area and a daily candle close above that will be a strong trend-following signal. A bullish continuation will be expected to 160 level...
00:00 Swing vs Position Trades 01:45 Supply / Resistance 02:36 Entries and Targets 04:16 Intermediate vs High Time Frame 05:43 Demand Zone (3H) 07:42 Day Trade Opportunities 10:37 Boost, Follow, Comment, Join MAJOR RESISTANCE @ 149.00 -SL @ 147.60 🚫 SLO2 @ 146.60 (conservative) ⏳ SLO1 @ 145.15 (aggressive) ⏳ SSO1 @ 143.10 (aggressive) ⏳*** SSO2 @...
Hi People Welcome to Team " DECRYPTERS" SO we Have 3 Main events this Week Lets Get A DEEP DIVE IN TO THEM 1- FED :- FED RATE HIKES ( PRICED IN ) + PRESS CONFERENCE ( HAWKISH ) AS we predicted Last time what Ever Happen Rate hikes will be increased we still stand by our words . Lets go further Either we are Getting 50 BPS This time or We are Getting 25 BPS...
Iran’s currency hits record low amid tensions with the West Depreciation of the rial comes amid boiling tensions with the West and continuing protests in Iran. On Sunday, the United States dollar went past the 450,000-rial mark for the first time on the open market. On Sunday, the central bank said it will soon raise the maximum amount of currency that can be...
The international capital movements continue to be driven by carry trade opportunities. For hedging the debt ceiling event risk, traders like BRL, CNH, and JPY, where the first two provide the right beta to equities. While BRL provides a carry cushion, it is a bit more overvalued in some of our short-term models than CNH. The upside for CNH is likely viewed as...
Trend Bullish Momentum bullish Pivozs bullish broken, we will make new Higher Highs If the NZD/JPY breaks the abovementioned price level, the next stop would be the 89.00 psychological level, as the pair gets on its way toward testing the 2015 high at 92.42. Conversely, the NZD/JPY first support would be the May 23 high at 87.31, which, once cleared, would...
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 142.000 zone, USDJPY was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching an important resistance area of 142.000. Trade safe, Joe.
The USDJPY crossed today over the 1day MA50 after 10 days. The pattern is a 6 month Channel Up. The 1day MACD is close to forming a Buy Cross, the first under the 0.00 level since the April 7th. This is a confirmed buy signal. Buy and target a little under Resistance A at 144.800. Follow us, like the idea and leave a comment below!!
-SL @ 107.10 🚫 SSO1 @ 106.25 ⏳ SSO2 @ 103.88 ⏳ TP1 @ 95.78 (shaving) MP @ 90.45 (shaving) TP2 @ 90.45 (shaving) TP3 @ 86.52 (closing ALL Sell Orders) BLO1 @ 79.00 ⏳ BLO2 @ 75.46 ⏳ -SL @ 73.80 🚫
Being that Price Action (PA) continues to go long, please manage your trades as we take the risk of shorting it from here. SSO1 @ 158.50 ⏳ SSO2 @ 152.60 ⏳ TP1 @ 141.33 (shaving 25%) TP2 @ 131.85 (shaving 25%) TP3 @ 124.90 (shaving 25%) TP4 @ 114.15 (closing ALL Sell Orders) BLO1 @ 111.55 ⏳ BLO2 @ 105.25 ⏳ WE ARE A COMMUNITY BOOST a trade idea to share with...
It's more like Scalp trading. I don't usually do scalping, but here is a low risk, and you can enter with a small position .. nothing to add here .. trend line is broken. I'm waiting for a price to make a pullback, follow it wherever it goes, and remember to stop the trail. May all your position stop with a Take-profit. PS. Leave your comment and thoughts.
EURJPY is bouncing of resistance, I am into short positions looking for a nice profit! Trade safely! Let me know what you think!