Hello Traders, Today I am gonna be doing a quick analysis on USDJPY, the price has reverted to an important support level, the buying zone is in the support region and the target is on the next important resistance level. Please push the like button and follow us on Tradingview
this is my view of JP225 thumbs up if you agree
here, in usdjpy great shorting opportunity on 15minute timeframe.. keypoints below... 1.rejection from 200dma... 2.rising wedge breakout.. 3.rejection from resistance area... always take trade with stoploss........................... thankyou
MINOR RESISTANT @ 107.500 AREA. Simple trade a break and retest. 12.5 STOP LOSS 25 PIP TAKE PROFIT. I am personally risking 1.5%.
Clearly making LOWER HIGHS AND LOWER LOWS. I have a sell stop at SELL STOP 106.550. A safer trade would be to wait for the break and retest. 1:2 RR 12.5 PIP STOP LOSS 25 PIP TAKE PROFIT. I am personally risking 1.5 %.
Hi, everyone. We have strong bullish potential on usdjpy chart window. X-Volume show more then 40K of involved bears. And i think we can go 109.14 in near future. Levels thanks to X-Lines script (use it for free - link below). Waiting your likes! Follow me.
- Structure: up trend - Daily Currency strength: weak - Expectation: long reversal - P.Action: invert Hummer 1H Due to the strength of this fall, I would be prepared to take either long or short trades despite the fact there is a long-term bullish trend. A long from 107.85 could work but shorts from 108.21 or 108.54 also look attractive.
Dow Jones FXCM Dollar Index was a measure of the U.S. dollar’s value equally weighted against four of the world’s most liquidly traded currencies: Euro (EUR), 25% weight British Pound sterling (GBP), 25% weight Japanese Yen (JPY), 25% weight Australian Dollar (AUD), 25% weight
USD has been one of the weakest pairs of the Forex market recently, however, JPY has been even weaker and underperformed USD. USDJPY has been trading under 108 since April. The level has acted as resistant multiple times. It looks like the price has made a massive inverse head and shoulders that just got completed by a break above the horizontal neckline at...
Good buying opportunity The market was ranging and this strong breakout of range is an indication that the market will go up.it can retrace back to the range and then goes up again but the best entry is after the breakout
Hi everyone, All descriptions are available inside the photo Good Luck! :)
One of the oscillators plus a three-bottom signal of USD/JPY. We won't use RSI/MACD/STC/MA, we use Williams, and there is a reason. The reason is that it is less popular ;)
As the title suggests - we have a large (light blue) bullish falling wedge with break out. As we have broken out we should expect to retest previous resistance as new support. This will help form the bullish ascending triangle in yellow and also converge with the .236 fib level as added support. We also have the green inverse head and shoulders. My entry:...
I am waiting for a correction on the price of USDJPY.
On the right it looks like a bearish breakout, but i have a feeling it might become a bear trap. A lot will depend on the current 4H candle close. If that closes above the previous red body, it's a decent signs. if it would close above the other one as well, would be even better. If we would then see another test of that red resistance, it would increase the...