horizontal lines are resistance.. only for short-term.
I provided analysis two week ago where I laid out a case to go long on a pullback to the 109 region. There were two ways to trade this, either a more risky zone trade or waiting for a price action setup to go long. Price did reach this zone and then formed a double inside-bar pattern that broke out very strongly to the upside. Looking ahead I will be watching...
USDJPY M30 chart As the short-term indicators show decline but the uptrend will continue in the daily terms. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
LEAVE NO ONE ALIVE! Everything but the USD is going down. JPY less weak than the rest. They do not care what they sell, people want to sell. It has started. *** EURUSD *** Trend: Bearish. Recommendation: Short if we go up. If we go to 0.5 fib where the 100WMA and 200WMA are and the daily RSI < 30, go long. *** AUDUSD *** Trend: Bearish. Recommandation:...
It's been a choppy few years, but I believe JPYUSD will ultimately return to the uptrend range that has been established since 1986. I don't follow market news very closely, so I would appreciate any feedback on market news that points in the other direction.
of all the major USD pairs this one appeals the most as it has time and fibs small risk - SL 30 pips
current inverse hammer signalling a potential trend reversal.
USDJPY Short Price have reaches level of resistance. RSI overbought on Daily TF. Double top on 4h TF with divergence. DXY, JXY have been trending in my opinion trend continuation could continue. GOOD LUCK
Dear friends, as we can see, the dollar broke out of a year-long-term bear trend through a rectangular type consolidation and is now extremely bullish. I expect commodities to suffer. This includes oil, gold and all precious metals, all foreign currencies are at risk. US stocks potentially at risk!
This pair has been bouncing within this channel for a while and should drop after this peak. If you also look at the weekly chart it has reached a point of resistance.
Knight: An long term downtrend channel is solid, giving us a good SL level. short when the price testing the channel TP1 106.1 TP2 105.5
The price is trading within a strong structure and the price has been capped by a descending trendlin, political tension in the US in weighing in on the USD.
www.tradingview.com Time to set the position in the pair USD / JPY -0.09% came. I recommend that you start buying US dollar against the yen. While carefully, you need technical confirmation or easy panic, which will send JPY to level 104-105. The widespread avoidance of risk has provoked large players to liquidate part of their positions in stock assets, and...
The chart shows monthly bars on the NIKKEI 225 future. The index is returning to the 21000 key level, a level its failed to surpass since 1992. Price is above its 52 week Moving Average, and momentum is up for the only second time since the 1980's. Whilst the rest of the Worlds post Global Financial Crisis recovery began in 2009, Japan's was delayed until the...
USDJPY (Daily) is nearing five year long up trendline, will price break the trend line ? or will be this another retest to break 2015 highs ? Since last year this pair is moving side ways with successful retest of support zone three times. Now price is in the support zone and RSI is over sold @25. Last time RSI oversold like this in the support zone was back in...
Japanese yen is expected to appreciate in the next years, according to my TA (please see the chart.) 100 level, as expected, is a very strong support line but JPYUSD will try to breach this zone once again, like it did in 2016. For the near future, the currency seems to appreciate against the US dollar. Currently, JPYUSD is in an ABC correction. This year...
Short USDJPY @ 114.50; TP @ 112.21, SL your choice