On #USDJPY 1-hour chart, curve T3 and simple moving averages (ma10 and ma20) have turned their directions to pozitive.. It is likely that the price will go up.. I expect a structure as I mentioned in the chart.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
We observe that price broke the Ascending Trendline and did a strong bearish movement towards the Support Zone. However, it could not break it and did a double bottom pattern, breaking the Descending Trendline. Now we are waiting a movement to the Resistance Zone at 98.30, and, if the zone is broken then it could go to the Resistance Zone at...
Long-term Bearish Bias - Daily : Long Term expecting price to reach these lows (marked out): 1)109.116 2)108.803 3)108.541 4)108.131 5)107.320 Invalidated if 114.513 level gets taken & Price closes above this level.
The situation on Korean peninsula remains one of the most high-quality and coherent dollar signals, especially paired with the yen. USDJPY lost half a percentage point in the course of trading on Friday after Kim Jong-un again threatened to conduct a nuclear test in response to Trump's statement to destroy North Korea. In the medium term, USDJPY buyers remain the...
Here is my weekend Analysis on this pair. Please note that this is only a guide I do not trade in the weekly time frame. I have a full time sales job, so i trade on the 4hr time frames (candle Closes). this means I only need to be in the front of a computer 10 mins every 4 hours.
Hi traders. Price recently broke the blue trend line and i think now price is going to bounce from this trend line... Here is potential Cypher pattern, but anyway the green zone is good zone to buy usdjpy, cypher pattern can be confirmation for conservative traders. My slop loss and take profits are labelled in the chart. Have a nice day!