Gbpjpy in the sensitive zone you should know if the price can break and stable under the channel then will start for strong downward, Or if can’t break it and stable into the channel will make movement into the channel ——- Tendency: Downward Entry: 154.40 Tp.: 152.35 & 149.75 Sl.: 155.20 ( stable into the channel)
Usdjpy, if the price can stay above 109.25 i think it will get upper direction till 110.00. —— Tendency: upward Entry: 109.31 TP.: 109.79 & 110.20 Sl.: under 109.244
On midline support and can climb to the specified point
In my analysis of JPY/USD. This Currency Pair is moving in a Bearish Trend expected to continue to price of -.00904. I used the 50 MA and Supply and Demand Zones on the Daily Chart. FX_IDC:JPYUSD
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Technical support and resistances levels are noted. *Disclaimer : I just shares my view. Please trade with your own and comfortable view.
The Japanese yen has started the week with considerable losses. Currently, USD/JPY is trading at 108.82, up 0.51% on the day. The yen's woes continue, as the US dollar continues to beat up on the Japanese currency. USD/JPY has jumped 5.6% since January 1 and is pressing on the 109 line, which has held since June 2020. The catalyst behind the recent strength of...
Interesting relationship here - JPYUSD has a 6 year bottom trendline of resistance it has been following. This line has been hit a few times over the last 6 years, and literally every time it hits this line, a correction of some variety occurs. It's almost like clockwork. Not sure if there is actually any mechanistic behavior going on, but it's worth noting...
im still not sure about this one if it will go up when it hit 106 or maybe it will go lower but i know for sure its going down first so lets wait when it hits 106 and we will see from there to go long or short please share you're toughts on this one -- dont take it as financial advice im still learning and i can't predict the future no one can!! --
Good reaction from Key level identified We are hunting pullbacks to buy across GBP pairs.
Watch it could fall back in or break to the upside it has broken big triangle.