After the false break at 110.00, UsdJpy dropped violently and stopped only when it touched 108 support. Now the pair is consolidating losses and a continuation of this drop is very likely. A daily close under 107.70-107.60 zone would signal that the consolidation is over and UsdJpy could fall till 105 support area
In my previous analysis(attached below), I recommended selling USDJPY as it reached a very strong resistance. The trade set-up is in 60 pips profit and I expect the trend to continue. In case you didn't sell yet, there's a good chance that there will be some pullbacks which will bring new sellers. So look for bearish flags on the lower timeframe and sell...
We looking for a bearing moment..Trade smart and be BLESSED..
wait for the price to reach the sell zone, then go short
Short Usdjpy near 109.20/35 sl above 109.65 tp 107.80 trade with proper money management Thanks
Plan : trendline breakout --> wait for prices to bounce off horizontal / trendline support --> 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...
ANALYSIS ON USDJPY Welcome to my analysis - 4HR CHart - Interesting Point of interest In the USDJPY pair. - Price below 200 day EMA. - look for buy signals to top. - Watch top for sell. - expecting move to around 111.000. - STOCH RSI showing H bullish divergence on other time frames Long term i am expecting move to the upside. Will update soon
If you missed the first drop heres your chance to catch it again! USDJPY sell now! Down it will go
Im looking for a bullish momentum on USDJPY but first a retest on 110.000 ZONE also keep a look out on a break of the uptrend, lets see how this week goes
Plan : wait for prices to bounce off horizontal support --> 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. Traders!! if you...
There is a very strong support line at $ 104.6 as you can see in the graph above. Mini resistance at $ 109.6 The USDJPY is still accompanied by a green Ichimoku cloud which is a bullish sign but the candles are not yet above the cloud which is the ideal in a buy signal. According to the Stochastic USDJPY in Oversold, this is the ideal time to buy. RSI is in a very...
Wait for clear confirmation **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...
USDJPY The long term downtrend was broken in September 2019..The major upside resistance is 109.500. And this pair trading in a range and will fall towards 107.450. From this level we can open long positions and potential take profit will be 110.500. Stop lose may placed at 106.500 level.
Price met the monthly resistance and respected it supported by the weekly trendline which it also failed to break giving us an opportunity to go short with the market looking for daily target @108.455
Buy USD/JPY Entry 1 108.484 Entry 2 108.390 Sl 108.240 Tp.1 108.890 Tp.2 109.120 Tp.3 109.480
Plan : wait for prices to bounce off horizontal support --> 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. Traders!! if you...