JPY 1D Outlook for next week Currently JPY running with Descending channel and still on path correctly. Already broke the 4H Support level 754.4 and continues bear market. Analyze recommend to open buy order with All JPY pairs according to strong side. ( USDJPY Didn't recommend till CPI ) Key levels D1 Pressure level located | 767.3 | 774.6 Support level...
If its STRONG I'd be looking for short trades on yen pairs Vice versa.... If it is WEAK I'd look for long trades on Yen pairs
HELLO TRADERS Hope everyone is doing great 🛑 New week new opportunities A look at GBPJPY ahead of the new week 👌MULTI-TIMEFRAME ANALYSIS BXY DAILY TIME-FRAME * The POUND index has been range bound. * Looking for it to push higher to take BSL. * Looking for GBP to be strong this week. JPY INDEX DAILY TIME-FRAME * JPY INDEX is on a strong bearish...
JPYX has been in a descending wedge holding pattern since July of this year and has yet to successfully break out toward the upside. This analysis predicts a pullback from the bear trend up to the Daily 200EMA around 792.0 and if penetrated, to the 807.0 area. Key Points: 1. JPXY is in a descending wedge pattern which is a bullish signal 2. Several bull candles...
looking bullish trend in weekly timeframe bec follow falling wedge
After a long period of falling yen value from 2022, Japan could solve economics problems Reject from support area and a pullback to EMA20 and reject from it Ready for fly to resistance area Strong bullish momentum in JPYX
In my point of view JPY BASKET So buyer be careful My strategy is so easy and simple Hit the like and follow btn
jpy indeal ready to reversal are you ready ? i m expecting now time bearish reversal we buy at demand zone long term
Traders, USDJOU has been on fire since I published this breakout idea (see below). Now JPY pairs may take a little pause and can correct. They are still very strong so if you are looking to short, please ensure that you have a good confirmation. CADJPY is a good candidate for this correction as it has one the cleanest set up available. We have 2 W patterns, one...
jpy index in a strong support in daily time frame, expected to react to the support zone , in result, jpy is going to be strong against usd
Potential double bottom chart pattern reversal.
Expecting possible strength from JPY. We have atleast for XXXJPY set ups where we are looking for shorts. Will be monitoring the ascending trendline and will enter on the break of the trendline. See JPY index in the links below. Goodluck and trade safe!
Expecting possible strength from JPY. We have atleast for XXXJPY set ups where we are looking for shorts. Will be monitoring the ascending trendline and will enter on the break of the trendline. See JPY index in the links below. Goodluck and trade safe!
JPY Index ended the week consolidating at the previous HH (10229).If this market can't break and close above this current level I'll be looking a minor pullback towards the 50% fibonacci for buys which has confluence with a previous level of daily minor resistance. A break and close below the previous HL (9999) will invalidate buy setups.
Here are two charts of an equally weighted JPY index. On the right I have the daily timeframe and on the left I have the 4hr timeframe. On the daily, I have marked two zones, a supply and demand zone. Price is much closer to demand than supply giving me the impression that price will have an easier time going up than down. This is setting my overall bullish...
This market is still in the pullback phase. Waiting to see what this market does at the 50% fib level
The JPY index has made a new HH. I'll be expecting a pullback towards the previously broken high