We are looking to establish long positions on the USDJPY pair as the U.S. Presidential election is looming. Our baseline scenario is that Hilary Clinton will be the new President of the United States. We see this development as a positive for the U.S. dollar and as such we expect that the global reserve currency will rally across the board. The closest big support...
The USDJPY pair just made a trend change ; it has been confirmed at the beginning of the week.
For the past 12 months, USDJPY was in a fast downside trend, losing approximately 20%. But once it has reached the very strong psychological level of 100Y for 1$, we have noticed a change in the bearish dynamic. After three bounces at this price (now Major support...
Possible selling opportunity on USDJPY. Selling because neutral or dovish NFP report tomorrow. Expecting USD downward momentum continue after Trump news and JPY safe heaven effect.
Further downfall until the elections. Potential support level 101900. It has been previous resistance and it is half way though the previous consolidation area.
Next move upwards to 103400 -it has shown resistance so far and consolidation between 103400 and 102700.
Then it will continue its upward move.
We have seen the USDJPY losing ground in recent trade as Donald Trump is surging in the polls. We are likely to experience some consolidation before the move lower continues amid a tightening US election. We are looking towards 104.00 to establish short positions on the USDJPY targeting the base in the 103.20 area.
Hi traders,
here we have a deep Gartley formation that is almost completing in 4hr chart.
I'm very interested in this opportunity because the completion is near to a daily structure level (black line), and also we have a psychological number supporting us.
In addition to this, a deep Gartley gives us always a nice risk to reward ratio.
My levels are:
Entry:...
Hi everybody,
Another goooooddd money coming.
Short the USDJPY ASAP.
Don't be too greedy, look first for 20 pips and then RE-evaluate.
Ask your questions, Give a thumbs Up. It will it encourage me to continue
**Never forget your helmet when you take the right candle**
**Enjoy trading ! it's thrilling"
and
**SL should NOT and almost NEVER be beyond 10 pips!...
Looking at recent price action, we are seeing prospects for the USDJPY to go lower from the 105.20-25 area. The pair has extended to the during the early European morning, however the fundamentals for a move higher are not substantial. The Bank of Japan did not hint at any new policy measures this morning, while in the U.S. we are not seeing any follow through...
As advised yesterday USDJPY managed to jump above 102.85 where market activate farther advance that will face resistance zone for the downtrend line around 104.30-50
From that zone will expect a drop correction to hit the market toward 101.75 zone
Above 104.50 market will face another resistance at 105.00-20
Support Resistance
Level...
Good Morning Traders,
Please check previous success with USDJPY to understand my accuracy with this pair.
Next leg of dollar rally is likely to be driven by a higher usdjpy. Only a move below 104 would indicate that the current bullish phase has ended.
The break increases the likelihood of continuing toward 107.25 - 108.00. This next level includes four...
My view on the Daily/H4 on USDJPY is that it is currently in consolidation.
On the Hourly Chart we have an ABCD pattern formed at a Support area and also at the height of the parallel channel.
Aiming for 382 for T1 and 618 for T2
P.S. My view is for education purposes only and I welcome all constructive comments for my own learning. Thanks
If my Gartley Bearish Pattern is FAILED, so still opportunity bullish to 110.80 for forming Crab Bearish Pattern where it's most accurate harmonic pattern.
I have made it as accurate as possible frome the original criterias. The ideal Crab Bearis Pattern are :
1. X point on top but lower D
b. A point on bottom but upper C
c. B is 38,2% - 61,8% XA
d. C is 38,2% -...
![USDJPY: [USDJPY] Sell This ASAP as it touches the highest sell zone](https://s3.tradingview.com/z/zncVGO90_mid.png "[USDJPY] Sell This ASAP as it touches the highest sell zone")
