usdjpy1hr

This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.

with gold breaking the 1255.xx handle we have unlocked 1300.xx and beyond in a fairly easy swoop. Smooth tides expected here as we see jpy appreciating much more as us10y paper starts to see buyers coming in. JPY running 0.2% cpi y/y with little to no wage growth....tracking like a hawk here, Q2 flows already getting in position. Congratulations to those who ...

Usdjpy is poised to relieve the buying pressure short term, and with the double top I wouldn't remove a complete reversal off the table. We have a potential Cypher pattern completion @ 113.322. We also have a potential Bat pattern completion @ 113.551. Let's see how this plays out through the week.

Hi Seildev here. Today we're looking at USD/JPY (60) - Key level of support and resistance at 111.71. Either looking for break out above 111.80 or wait for the break out and buy long at retest of the pullback around 111.80. - 111.71 key level of support and resistance - Possible bullish triangle forming - Support from 38% fib at 21st/June (Contracting) - ...

Buy above 109.27. Stop loss at 110.28. Take profit at 108.71. Reason for the trading strategy (technically): Price has dropped strongly and has reached a major support level at 109.27 (Fibonacci retracement, Fibonacci extension, price gap) and we expect a correction above this level to at least 110.28 resistance (Fiboancci retracement, horizontal pullback ...

Buy above 110.25. Stop loss at 110.03. Take profit at 111.15. Reason for the trading strategy (technically): We remain bullish looking to buy above major support at 110.25 (Fibonacci extension, horizontal swing low support) for a push up to at least 111.15 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (21,5,3) is seeing major ...

Hello traders,as we look USD/JPY on 1H chart(attached below the daily analysis on USD/JPY) we can see a possible bearish shark pattern as we go reach the red zone of resistance. We may have a better entry for better P/L ratio trade if price makes a spike with a false breakout above the trend line into the red zone where we have the D completion ...

Sell below 111.62. Stop loss at 112.18. Take profit at 110.49. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly. We prepare to sell below major resistance at 111.62 (Fibonacci retracement, minor pullback resistance) for a drop towards at least 110.49 support (Fibonacci extension, horizontal swing low ...

Buy above 110.21. Stop loss at 109.72. Take profit at 111.43. Reason for the trading strategy (technically): Price has been dropping perfectly towards our profit target. We prepare to buy above major support at 110.21 (Fibonacci extension, horizontal swing low support, bullish divergence) for a push up to 111.43 resistance (Fibonacci retracement, horizontal ...

Price has finally risen to our selling area. We turn bearish looking to sell below major resistance at 112.08 (Fibonacci retracement, horizontal pullback resistance, Elliott wave theory) for a drop towards 110.50 support (Fibonacci extension, horizontal overlap support). Stochastic (55,5,3) is reversing below our 93% resistance as we expect a strong drop from ...

USDJPY TESTED NEW HIGHS YESTERDAY. AND THEN RETETSTED PREVIOUS DAYS LOW FOR SUPPORT CONFIRMATION. THE RISK IS NOW GONE. STOPS IN PROFIT

How to trade the Channel Buy Limit @108.60-108.65 Buy Limit @ 108.35 SL-108

We see little bounce from demand level on DXY up and now we are looking to get short on new supply level from Trump jawboning dollar yesterday.

From last week we saw price start a bullish transition, to the upside we will wait for what happens this monday as price develops. I am waiting for price to come up to price range of 111.725 and see how price reacts around that level if not the next level that I am looking at is 112.158 Of course we want price to hit one of these key levels and break trend to ...

self explanatory.

Buy the pair when triangle breaks @ 110.76 and book profits @ 111.40 Get out @ 109.75

Chart explains it all

Buy above 111.42. Stop loss at 110.60. Take profit at 112.85. Reason for the trading strategy (technically): Price has dropped perfectly to our inverse head and shoulder buying level as expected and we continue to expect a bullish move above 111.42 support (Fibonacci retracement, horizontal overlap support, neckline support) for a push up to 112.85 resistance ...