I will start with UsdJpy, not because it offers the greatest opportunity, but because is the main JPY pair:) As we can see in the main chart, after the pair reached 115.50 zone resistance it started to correct and found support in the 112.50 zone. After this, the pair has started to rebound but again, has faced strong offers above 114. Technically speaking, we...
Expecting JPY weakness into sell side liqudity, price took out buy side liquidity on a htf basis made a lower high on a ltf rejecting a premium market area on fibonacci, we should see bulishness in XXXJPY currency pairs, look for longs over there. How do you see ?
JPYINDEX should start the selloff in this area, price took all the liquidity above weekly high area. We can see that the bullish momentum is low already and we can see some bearish candles in formations, i expect to see the selloff at the start of NY session. This means bullish xxxjpy pairs if you have clear entries What do you think ? Comment below ..
On a short term perspective(start of the week) i see JPY to make a drop back into 9200 / 9080. Price rejected a bearish orderblock on d1 and filled a daily imbalance, also took out the stops above 9300 and reversed quickly. I would like to point that best trades right now are BULLISH JPY, but if you are more riskier you can try some shorts going into the start of...
Price broke out of the descending trendline resistance (now support) , signifying bullish momentum. We can expect price to push up from the pivot level in line with 38.2% Fibonacci retracement towards take profit level in line 78.6% Fibonacci retracement and 127.2 % Fibonacci projection . Our bullish bias is further supported by the stochastic indicator where %K...
FX:EURJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
When we see a trade setup with this kind of Risk to Reward our Trade plan dictates that we must pull the trigger. Ideally we would enter on a 30min trigger candle so a 20 pip rally from here would be ideal before we enter.
La ide aes entrar en posision cuando el sol aslga y se oculte por el lejano oeste al canto del primer gallo virgen de la cuidad de masachusets
Trend reversal is expected Bearish trend to be converted to Bullish
Prices broke higher from a Symmetrical Triangle pattern this week, putting the 2021 (111.65) high and 2020 (112.22) high in focus. A reversal lower prior to that may see bulls attempt to turn resistance into support. The MACD oscillator signals healthy momentum in price, which puts bulls at an advantage going into Q4. The 23.6% Fibonacci level is the most...
Hey tradomaniacs, with the retest of the previous breakout we could see another impulse upwards as UR YIELDS are currently falling, which is basically good for JPY. Interesting to watch would be AUD/JPY, NZD/JPY, EUR/JPY aswell as GBP/JPY since all these curencies against the major USD were very weak today as expected. JPY-Strenght could cause JPY-PAIRS to...
The USD/JPY pair hit 110.19 on Friday, its highest since early April, retreating afterwards to close the week with gains in the 109.80 price zone. The pair soared amid the prevalent dollar’s demand, easing ahead of the close on the heels of lower US government bond yields. The yield on the benchmark 10-year Treasury note peaked for the day at 1.62%, settling at...
Nice breakout that I see here with a possible continuation to the topside!
I'm expecting GBPJPY last ATH which was 2018 starting from 151.80
Based on monthly Chart analysis for long term position with great Risk Reward. Trade Wisely and with a Confirmation and I have to BUY zone's. Watch out That area :) GoodLuck if you Taking this.
I expect JPY pairs to correct across the board soon, most of them are very oversold. On this pair RSI is very high even on weekly timeframe, same goes for CAD, EUR, and GBP to JPY. All these pairs are at resistance levels, GBP/JPY is actually surpassing the resistance level as well so that is further reason to see a pullback. I am not entering shorts personally...