Price broke channel with bearish momentum and went back to retest the channel and zone area and a bearish candle formed showing bearish momentum. This gives rise to a short sell opportunity
The usd/jpy just hit the 200 moving average and is looking quite exhausted. I'm expecting it to make a retracement to the 104.32 level.
Possible sell on USD JPY. Look for a curve with a double top. Avoid if right side of curve looks like a trend line retest.
USD/JPY has been consolidating the whole year after the volatile moves in March. I do see the downtrend momentum coming to an end and a bullish continuation. we will have to see it break above key levels and remain above to see bulls taking over.
It's already on a downtrend, made the head & shoulders, the EMA cross confirmed the downtrend, there is a fibionaggi retracement AND it just made a doji on the 15min timeframe. That are 5 confirmations that it's going down! :)
usd/jpy is weak may bounce of of 76 fib then go in for a buy all the way to 106
Hello traders, here is the analysis from our team : WE HAVE A SCALP BUY 107.066 Let us know in the comment section below if you have any questions.😉
U/J ANALYSIS 6/21/20 Check out my analysis where the drop was projected (I update my pairs frequently, NOT on tradingview) Now we are in a correction that is clear from multiple time frames We can expect price to pullback to the regions above before dropping further We have been on the lookout for this pair for the past few weeks Reminder: Drawing is only...
This one isn't as in depth as my previous GBP/USD analysis but I do believe that we're in a possibility for a long-term short here to play out within the next week or so. USD/JPY does have a tendency to range for weeks at a time and sneak up big moves on a lot of people. Given the current formation, I think that this is too good to pass up. There are not as many...
USD/JPY has reached a bigger resistance area. The price could well still go up higher into the resistance area, however a turnaround to the downside is likely at current levels.
Outlook is bearish for the next few months. Watch lower time frames before opening sell position. Good Luck :)
After looking at the chart on USD/JPY appears to be a nice short play from 110.73 to possible 107.80 showing a little resistance at 108.10 but expect it to pass through to 107.80 area.
USDJPY is pretty much the same too, The trend is looking very bearish for the pair. I do expect price to move up 15-20 pips during London/NY session before it actually moves. SO we'll place two trades, one for now and a sell limit if price actually does move upwards and reverses for the perfect entry. USDJPY SELL start: 109.772 stop loss: 110.325 take profit:...
I've been short risk pairs for the past 12 months or so and as I see it at the minute there is no reason to change my views. IMO The market has gotten a little ahead of itself after Trump stepped back from War with Iran yesterday. For me there are still numerous risks ahead in the coming months, Manufacturing is still winding down in most major economies (last...