usdjpyanalysis

The USDJPY is approaching a key level on the weekly chart at 110.30. However is this an opportunity to long given the obvious fact that both countries have different monetary policies ? Or given the fact that Abe's popularity is tanking as a result of the scandal may cause markets to reassess the probability of him seeing his abenomics policies to fruition ...

Buy above 110.88. Stop loss at 109.97. Take profit at 112.42. Reason for the trading strategy (technically): Price has dropped further and is now testing another key support level at 110.88 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and we expect to see a bounce above this level for a short term correction to at least 112.42 ...

USDJPY July'17 - technical analysis - Forex By. Dian Kemala After failed to break up resistance level at 114.50, USDJPY perform downtrend, break channel up, and hit lower low at 112.23. This pair also break head and shoulders neckline at 112.95. The best setup for USDJPY are wait for re-test at neckline to enter short position, with profit target equal range from ...

USDJPY October 24 Outlook and weekly forex analysis As we can see, descending triangle pattern already perform since last October 12 on USD/JPY, as long as this pattern not break, play inside this pattern will be a perfect idea. In short position, stoploss above pattern resistance, and in long position stoploss below support level - if the pattern break down, ...

Easy setup for USDJPY on the daily time frame. The lower range has broken indicating a further fall towards the next support level(s) Use the next support level as your take profit target or when it gets hit move up your stop loss to protect some profit and follow the wave to the next support level. sl: 113.84

Selling USDJPY @ 111.75 with a 100 pip stop Targeting 109 ab=cd and a 618 fib there..

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 ...

On the daily time frame USDJPY is currently in its 3rd Elliot Wave. This wave is known to be the biggest wave and will break the high of wave 1. Its also facing a resistance now with another small resistance followed quickly. If this resistance breaks 118.30 is next!!! So still plenty of pips to make on USDJPY! :D :D Trading advice: Risk: Buy already with a ...

USDJPY could be right now in a rising wedge where it got rejected the second time. The price could end up at the bottom of the wedge before continuing higher. This is because the price was stopped at around 114.500 where it created an inverted hammer and then a quiet strong bearish candle. This show me that the bears have taken control and will continue to push ...

Sell

Hey Folks, Interesting trade here. Market is making big corrections so let's plan some short term trades like this one. Buy the breakout and as soon as you are close to trendline close on profits or place stoploss in break even point. - Hola Amigos, Interesante trade aquí. El mercado esta consolidando así que planeemos trades a corto plazo como este. Comprad ...

Hey guys, this is a big cypher pattern that's already completed on USDJPY. This means we are now in a reversal zone, based on the ratios of this pattern. When such a large pattern appears i'd rather play "conservative". I've outlined a reversal box and i'm now waiting for a further confirmation on lower timeframes, such as 1hr and 4hr. Uptrend is still strong but ...

After USDJPY showed the retracement back to its resistance point around 112.35, market made a U turn for this pair. As we see it's continuing its downtrend with breaths as we know retracements. Here we got 2 options to watch. 1st one it might retrace till its fibbo level up there where resistance stays 112.85 area. And after its HH it will turn back to 112 band ...

Consolidation forming beetwen the 0.50 and 0.618 Fibonacci, i will wait a break of one of the resistance, feel free to take ideas but as always be carefully and trade with your own mind ;)

Buy above 111.77. Stop loss at 110.88. Take profit at 114.32. Reason for the trading strategy (technically): Price has finally dropped to our buying level which is major support at 111.77 (Fibonacci retracement, Fibonacci extension, Elliott wave theory, horizontal overlap support) and we expect a bounce above this level for a push up to at least 114.32 resistance ...

Hey Traders, We're looking at a fall in the XXX/JPY pairs. I've found a setup in USDJPY that looks very promising. Here are the details. Reasons to sell: Top of channel pinbar and reversal candles bounce off the 111.750 price level recent upmove looking exhausted Rejecting off a resistance ENTRY: 111.500-111.250 SL: 112.09 TP: 110.090 Good luck traders! Follow ...

When looking at the daily time frame we see that there's a nice narrowing range, when the price breaks out of it we can see a 3rd Elliot wave. The 3rd wave is known for breaking the high of the 1st wave. Which is at 114.26. Stock Rsi made a nice bullish crossover but the ADX isnt convincing yet. A buy entry might be a bit to early, but when the lower range ...

SHORT