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.
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
After reaching a local high at 111.67, UsdJpy has corrected 100 pips and now is trading at strong confluence support. I expect a new leg up from this pair and only a drop under support would negate this scenario
Follow the chart FX:USDJPY
#usdjpy, 2nd july daily key reversal bar dictation further weakness ahead, 3rd july insurance bar confirmed weakness. jpy one year bullish extreme suspect reversal in jap as strength soon for medium and longer term.
USDJPY is moving upside creating higher highs and lows. Daily high was broken last week. My bias is upward unless it breaks structure of higher low. Target is at 112 area, a weekly global resistance. Leave out a comment if you liked this idea.
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
Hi Traders, This is my view on this pair for the next few days #USDJPY SELL 110.4 SL 110.85 TP 109.0 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to...
Although much analysis shows a bullish US dollar, the Ninja price action shows some fatigue getting close to a strong resistance level. Additional, checking on DXY daily candles yesterday, it closed with a solid bearish candle forming a tweezer top pattern, unable to break the 90.30 handle for a potential pullback confirmation. Let's wait for confirmation once...
Hi Traders, This is my view on this pair for the next few days I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake...
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.