A lot of strong comments coming out of Japan today similar to last week when price was at the 145 will an attempt to break this level result in actual intervention ?? The Yen pairs are all selling off after the latest comments I am waiting for a confirmations SELL signal on my indicator to enter the USDJPY.
USDJPY Forecast for next week 17,21 May 2021 / Wait to action
Daily USDJPY Forecast and Analysis : wait to buy USDJPY
USDJPY expected to rise up to 1st resistance at 110.454 where it could potentially react off and drop down to 1st support at 109.682. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY reversed off its resistance at 109.852 where it could potentially drop further to 107.898. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY expected to rise up to 1st resistance at 109.518 where it could potentially react off and drop down to 1st support at 107.871. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY reversed off its resistance at 107.249 where it could potentially drop further to 105.830. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Here is my idea about the USDJPY based on my trading system. hope this helps and I'll be happy to hear about my mistakes!
USDJPY bounced off its support at 107.875 where it could potentially rise further to 108.566. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY is expected to drop to 1st support at 107.742 where it could potentially react off and up to 1st resistance at 109.002. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TARGET: 50 PIPS TP1: 114.16, TP2: 114.301 SL: 113.472
USDJPY BULLISH SETUP Hi Guys, the USDJPY is in a corrective structure, this is one possible way it could develop next week. I will watch it as it develops and updates the possible trade setups, short-term, and medium term. Thank you for your support.
Head And Shoulders If you have different analysis please share with us at comment part, please Sell at Break and Close, Below the Neck Line
I am waiting to long FX:USDJPY at 0.618 retracement where the price is at 110.600 area which is previous key resistance now become support.
As $USDJPY Coils during the rest of 2018, we could see some price movement in the early 2019 or as the trade war progresses
Recent price action: Neutral Pattern: Asymmetrical triangle Long-term momentum: Bullish Short-term momentum: Bearish Bias: Neutral Action: Price needs to be trading above the 111.2 level and trend resistance to consider a long position. Comments: Major indecision happening in this pair. U.S. trade war keeping price ranging