#JPYUSD Hello trader, I hope are good and safe. Today I opened the chart of #JPYUSD for 4 Hour and analyzed it then I see that this chart has made a DOWN TREND, So I hope #JPYUSD will go downside,
Now Nice opportunity for short.
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AUDUSD breakout looms on dollar weakness
The catalyst behind the renewed buying pressure on the pair is a string of positive data out of China, Australia’s biggest trading partner. China’s Q4 GDP rose past the 0.2% level and 1.1% to 1.6% quarter over quarter as the year-over-year figures grew to 4%. Industrial PMI for...
📉 Expecting bullish price action on this index pair as price is making a bullish market strucutre on h4 shifting the strucutre from bearish into bullish, we are retracing right now into a orderblock h4 area filling the bullish imbalance and taking out stops below 9000 important psycho level, if we have a h1/h4 bullish closure then we should expect a leg higher...
Hello everyone, as we all know the market action discounts everything :)
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The yen plummeted to a near five-year low versus the US dollar, and other currencies suffered losses, as investors bet that the Bank of Japan (BOJ) will lag behind its peers...
After 30 pips of moving the position towards our target, the market returned with a news reaction and the position stopped.
Of course, an experienced trader will never lose a profitable position
We hope you have benefited from this analysis, at least do not lose :)
I expect bullish price action on JPY BASKET as price is in a bullish market structure on a HTF, multiple wicks rejections on 9300 level. Bullish orderblock + imbalance area
JPY INDEX BULLISH means BEARISH on XXXJPY PAIRS, try to short there.
What do you think ? Comment below..
Expect the price to rise on JPY INDEX as we rejected a bullish orderblock on h1 and filled a bullish imbalance, we are in a bullish market structure on a HTF.
Look for sell orders on XXX JPY PAIRS
What do you think ? Comment below..
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 ?
Hi All, my main 3 take-outs from this analysis are the following:
1- In the weekly chart - so long term view - the US$ is possibly going to re-test the 110 area (at least!). In fact, in that area we have a strong uptrend line (in red) which will possibly act as support
2- The cross came out from a descending channel which lasted since the end of 2016, and this...
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 ..
es to down
1 divergence in chart and rsi 19
break in the channel in 4 hrs IN Blue and break in the channel in the time frame 1 day in yellow color
and high volume and break in moving average 209
I think es hot to down
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...
After news release for US Dollar, 6J Futures JPY USD seems to be developing a more clear market structure and completing a bullish Shark formation. When price reaches the marked zone it would be wise to look at price action behavior around the area to see if price provides us with a valid entry for long opportunities.
This pair is currently in a neutral position as it is trapped in a consolidation zone. Since this correlates with USDJPY the same scenario should be taking place on that pair as well. It is wise to wait for a break of structure and formation of proper market structure before any trade could be placed.
Many currencies look strong against the #yen. I have previously posted the $USDJPY chart, which shows that 119+ could be in the making. $GBPJPY presented here, much like $EURJPY, although the $GBP is looking a little stronger against the #yen. Notes on the chart. If this plays out and the yen continues to weaken, this will provide the Nikkei (Japan 225) a tailwind.
Time Frame: 4H
Considering the over all market structure,we are bullish for JPYUSD. Besides JPY seems to stronger against dollar which is the reason for the uptrending of JPYUSD.