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 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
Recent price action: Bearish Pattern: Break of trend support Long-term momentum: *Bearish Short-term momentum: Bearish Bias: Long Action: Do not trade until price identifies further momentum. Could see further movement to the downside, or price may reverse at its current level. Everything depends on where the daily candle closes. Comments: News of a trade war...
Technical Analysis Last week we kissed the 0.382 fib level and had a strong wick indicating a loss in the bulls momentum. This could be a strong indicator of the start of a reversal for USDJPY. This week all eyes on USD with Trumps Speech Today with his Hawkish attitude toward the Iran situation causing great volatility in the Oil Markets. Consumer Price Index...
USD/JPY drops to 111.30 Due to fears of a large reduction in foreign Dollar asset purchases, the American currency fell by 0.86% against the Yen just in couple of hours. The plunge was stopped only after the exchange rate reached support area located around the weekly S2 and the monthly S1. Accordingly, today bulls are expected to try to restore lost positions....