After breaking under 110.50 support, UsdJpy has made a local low at 109.50 At this point, 110.50 will act as strong resistance and rallies to that zone should be sold
In this pair, technical analysis shows a technical figure Rising Wedge . Friends, click the Like button, leave a comment and share with others
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
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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
Hello traders, USD/JPY is trading at 110.78. The price is reversing from support levet and consolidating in the resistance and support wedges from sometime. If the price breaks the resistance level at 110.90 then it can start a new up trend and then its targets will be first target at 111.11 and second target at 111.34. Follow proper risk management strategy to...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
1D - Grey 4H - Blue 30 Min - Orange Market is in Channel in Daily Frame, and on top i can see Bearish Candle Pattern. As we can see on Heatmap too JPY getting strong against Dollar.
Plan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. ...
usd jpy Short CCI And RSI Divergent HD- price under the EMA200 imbalnce S-D Zone And Regect Price to impact This zone 2x Top in H4 And Daily
Welcome to our Trade Setups - June 08th ( USDJPY ) ! BUY USDJPY ENTRY LEVEL @ 109.514 SL @ 109.117 TP @ 110.307 Max Risk: 1% - 3%! Risk/Reward Ratio: 2 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
The USD/JPY pair hit 110.19 on Friday, its highest since early April, retreating afterwards to close the week with gains in the 109.80 price zone. The pair soared amid the prevalent dollar’s demand, easing ahead of the close on the heels of lower US government bond yields. The yield on the benchmark 10-year Treasury note peaked for the day at 1.62%, settling at...
Yesterday's forecast with the decrease of parity was validated by Piata. I still believe that in the medium term, the most likely direction is the Short for USD / JPY, although after an extended Weekend break, it is possible to increase a bit at the American reopening.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions