USDJPY the pair trend is bearish, As technical the USDJPY pair begins today's trading with clear negativity to attack 112.60 level and moves below it now, which supports the continuation of our bearish overview efficiently for the upcoming period, paving the way to head towards the next correctional level at 111.60. Before fall we can see retracement towards...
Hi Everyone ! So as you see, USDJPY was Roaming between the downward channel since too long but finally we saw an upward breakout which is good sign for long term traders. Now there are two possibilities, Whether it comes back to retest the upper trend line of the channel or either it will directly go up , and for that we have to pay deep attention on the price...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
USDJPY July'17 - technical analysis - Forex
By. Dian Kemala
After failed to break up resistance level at 114.50, USDJPY perform downtrend, break channel up, and hit lower low at 112.23. This pair also break head and shoulders neckline at 112.95.
The best setup for USDJPY are wait for re-test at neckline to enter short position, with profit target equal range from...
With the completion of an inverted H&S formation on the daily and weekly time frames, we have the opportunity here to long the USDJPY for circa 500pips.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits....
Hi guys , After strong upward move USDJPY is looking for retracement. I am not telling that this trade will sustain for a long term because over all trend for the pair is upward. but For Short term you can jump into the trade thanks .
Sell below 114.07. Stop loss at 114.77. Take profit at 112.90.
Reason for the trading strategy (technically):
Price continues to drop nicely from our selling area. We remain bearish below 140.07 resistance (Fibonacci retracement, horizontal overlap resistance). We also tighten our stop loss to 114.77 to protect our profits. Profit target is at 112.90 support...
Price is coming to a daily support zone, from previous formation. Waiting for price to either do one of two things, first come up to .382 or .236 fib level and than look for an entry to continue to the downside. The second is wait for a clear break of the daily support for continuation to the next daily support level.
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Buy above 112.58. Stop loss at 112.21. Take profit at 113.75.
Reason for the trading strategy (technically):
Price has dropped perfectly and reached our profit target from yesterday. We turn bullish above 112.58 support (Fibonacci retracement, Fibonacci projection, horizontal overlap support) for a push up to 113.75 resistance (Fibonacci retracement, horizontal...
We wish that our precise signals could be favorable on your trades. Its an update for USD/JPY, Forecast for PRICE BREAKOUT, BUY on 113.621 and place your TARGET at 114.021
