USDJPY has broken support zone now a selling opportunity arises in the test of this support as a resistance.
G'day Guys Today we going to analyse currency pairs. US Dollar vs Japanese Yen (USDJPY) Generally, these pairs are also known as Major Pair that is most traded in Forex Industry. Based on current market situations, this pair was stuck in a sideways zone on a bigger timeframe. If you guys understand about the financial market this is the stabilization of the...
The dollar yen continues to trade in a range it formed since mid August, we are short on this pair but a fake out may happen to the upside before the downside targets can be achieved. BEAR CASE Price looks ready to dump down from here to reach our targets to the downside at 109 and 108.5 BULL CASE We should not be surprised if market makers continue to hunt...
The US dollar gave back early gains against the Japanese yen as the ¥110 level continues to offer resistance. By turning around the way it has, it looks as if the market will continue to favor selling pressure more than anything else. The ¥109 level continues to offer support, so if we were to turn around and break down below there then it is likely that we could...
This pair is ready to fall out of the sky if you look at it from a money distribution perspective. I assume the last run of liquidity was to capture orders from the demand area, now we have collected them, we can collapse to the downside. I will be looking for slight pullbacks before I get involved in shorts. What are your thoughts on this analysis, comment below.
Price did not move as expected from our last speculation on this pair (see link below for reference purposes) as Y109.200 became a very strong Demand level for the Yen. Tendency: Downtrend (Bearish) Structure: Breakout | Supply & Demand | Trendline | Harmonic pattern (AB = CD) Observation: i. In the last 10 days and since the price broke down...
The dollar yen has been trading in a random walker manner for the longest time. There is now enough longs that are positioned for the market makers to liquidate and profit from. Just look at the number of tendies on the chart! BEAR CASE There are several levels on the chart that can provide short term relief for the downwards move but we are ultimately targeting...
Market Recently. cashout retail trader money . now market push down again .
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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...
Asian trading hours have witnessed some minor gains, with the UJ heading to test the 110 handle. A bullish confirmation above 110.350. However, at the intraday candles, a bearish continuation pattern has formed. The rising wedge might signal a short consolidation before the subsequent downward leg formation towards the 109.100 handle. Check on the daily...
The silence before the storm. The dollar yen was uneventful this week but we should see some volatility coming up as the month of September closes in. The areas that we pointed out in last week's analysis still holds and is waiting to be tested. BEAR CASE There is a lot of more areas of liquidity to the bottom and we should see 108 tested BULL CASE The bull...
Just as our last analysis stated, we saw the sharp drop on this pair on Friday last week. Coming into this week, price traded into a daily level of support and started showing some rejections. And so with the impact of the current USD news, the dollar became strong. Now, we see bullish momentum stepping in to push price. As we have broken out of the recent...
Welcome back! Please support this idea with a LIKE and COMMENT if you find it useful. ***** USD/JPY Analysis - UJ dropped to fresh weekly lows settling at 109.60, a deep bearish path. If trading the correction, I'd recommend a long position from weekly support to about 109.95, and then expect a potential continuation to the downside reaching for the highlighted...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Here is my entry for USDJPY just tiny SL target on imbalance area
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Here is my idea, lets looking for reversal opportunity, it seems impossible and risk trade, but worth it with reward. good luck