Dear traders, in my previous idea, I mentioned about selling USDJPY at 111.50. Previous idea attached below for your reference Currently, USD/JPY still has more room to fall. I recommend traders to sell the rallies in USD/JPY and target the 109 level as target 1.
In this pair, technical analysis shows a technical figure Rising Wedge . Friends, click the Like button, leave a comment and share with others
A classical trendline breakout occured this week on USDJPY pair . It broke the uptrend market structure following by a major drop down from the trendline and by removing previous Higher Low. A retest is expected at the S/R area before moving down. My bias is bearish unless it breaks the market structure.
Ascending channel broken earlier today. tp - 107.45
Risk off mood is running strong with no lows in place, stocks continue to drift lower while bonds continue to get paid. Short USDJPY @ 109.85 TP - 108 SL - 111
Hey traders, here is the analysis for the USDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
#USDJPY The market is moving in the bullish channel and now moving away from support. So look out for buy move up to target zone. The analysis is done in the H4 timeframe.
USD/JPY has reached a multi-year resistance level from where we have seen some moderately strong bearish price action. However, the supporting trend line needs to break for bearishness to persist. That being said, I recommend selling the rallies in USDJPY. We are already holding sells in UJ from higher levels. Fresh sells can be executed between 111-111.50...
PLEASE READ BELOW TO SEE MY PREDICTION OF USDJPY! USDJPY The RSI shows overbought conditions in the market. When looking left at what previously happened at this point in the market, the market reversed. The previous support level has not been broken to confirm the trend in the opposite direction, but it can still be traded depending on what type of trader...
USDJPY is in ascending channel so we can take a short trade
USD/JPY has reversed from the double top resistance and we can expect a deep pullback in the coming days. The downtrend will accelerate once the bears manage to take out the supporting TL. I recommend selling the rallies between 110.60-111 with SL above 111.50 and TP at 108.65
I think that USDJPY after respecting the big resistance zone will fall short.. I tested this combination with FIB and the price respected 0.5-0.6 zone so my prediction is USD/JPY short.
Usdjpy - H4 - New schematics in play. lets see how it plays out.