DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
BANK OF AMERICA CORPORATION COMMON STOCK, SPDR S&P 500, SPDR SELECT SECTOR FUND - FINANCIAL, AURIS MEDICAL HOLDING AG - COMMON SHARES, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, INVESCO QQQ TRUST, SERIES 1
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
USDJPY is testing its support at 112.191 (100% Fibonacci extension, 23.6% & 38.2% Fibonacci retracement and horizontal overlap support) where it could potentially bounce to its resistance at 113.494 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its support at 2.32% where a corresponding bounce could occur.
Currency Pair: USD.JPY
Time Frame: Weekly, Daily, 4hr & 1hr
Predicted Direction: Long
USD.JPY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
this pair is getting hot so keep eye on it.
Flat partern A-B-C, USDJPY continueing sell of.
Using fibonacci wave c target on 100% or 161.8% is nice profit.
Price moving in triangle pattern.
You can see my social media links below.
We are Providing accurate information about currency trading for further details visit our site which
is given below.
Hey guys - In this chart you can see that USD/JPY is supported by a strong horizontal support and a potentially strong upward trend-line. Keep an eye on this key area for your entries.
My entry will be at 111.7 - I will be looking for a take profit of 114.0, however it has potential to rise higher than my TP - I will place my stops just below this support zone ...
Confluences for Consolidation Period:
- At support of Medium Term Trendline (established since March 2018)
- Price action hovering at 61.8% Fibo line of Recent Highs and Lows
- Overlapping of Oversold Stochastics
Confluences to Watch for a Sell
- Bearish candle formations
- Stochastic Overbought momentum wanes (if it ...
The pair trades vulnerable at an area of macro interest circa 112.00, where sizeable bids are expected.
The market structure in correlated assets such as the SP500 -0.35% (hourly downcyle), US 30yr bond yield (hourly downcycle) and the recovery in the DXY 0.10% (still within hourly downcycle but far from lows) does not bode well for Yen shorts.
A downward ...
USDJPY is reaching the most anticipated demand zones in the 4h chart. We will take a long position there.
Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the ...
We all know that we might face another dollar crash in the upcoming weeks/months. Despite the sell off we had past week, I don't believe it's coming today.
So, considering Price Action and that we are sitting above a 112ish good support, let's see if we can reverse that monthly candle, considering daily and weekly.
Buys scalp to swing with a very tight stop ...
we can see from the graph that the price touched the support level of 111,600 , pulling back 112,600's resistance these support and resistance levels are at the same time is fbinacci 31.8 and 61.8 levels.We can long from here good luck...
Im looking for long for USDJPY as there are few Price Action in 2H that signal for long. You can take your profit at the level shown above, but as for me, i will wait to TP at the highest high. About 200++ pips or more.
USDJPY currently is fluctuating within (111.870, 112.500) range. Without any big data or events' stimulate, aggressive traders may attempt "buy low sell high" strategy within the fluctuation range. The US retail sales data may bring an opportunity to enter the market. Therefore, pay strong attention on the 111.870 support and 112.500 resistance, see if there is ...
Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow boxes). If you're a pattern trader or pinbar trader, this might be useful here.
Wait for the breakout of 4hr. consolidation to take the trade. I usually aim for 80% of weekly ATR taking profit...not always at the next yellow box. I place my ...
LETS keep an eye on this and watch over the next 6months and see if this pattern can confirm
Buy USD/JPY on channel support and close it when approaching channel resistance. This trade is on the daily timeframe so be patient.