USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 147.711 which is a pullback support.
Stop loss is at 146.900 which is a level that sits under a pullback support.
Take profit is between 149.400 and 149.749 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement...
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USD/JPY has just broken above a pullback resistance and the momentum could potentially carry price up to the take profit target.
Buy entry is at 147.498 which is a pullback resistance and a potential bullish breakout level.
Stop loss is at 146.464 which is a pullback support.
Take profit is at 148.951 which is a pullback resistance that aligns close to the...
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 169.142 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 167.923 which is a level that aligns with the 38.2% Fibonacci retracement level and sits under a pullback support.
Take profit...
NZD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 90.123 which is a pullback resistance.
Stop loss is at 90.580 which is a level that sits above a pullback resistance.
Take profit is at 89.709 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level.
High...
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target.
Entry: 160.004
Why we like it:
There is a pullback resistance level
Stop Loss: 161.052
Why we like it:
There is a pullback resistance that sits above a confluence of Fibonacci levels i.e. the 78.6% projection and the -27.0%...
USD/JPY is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop towards our take-profit target.
Entry: 146.465
Why we like it:
There is a multi-swing-high resistance level
Stop Loss: 147.602
Why we like it:
There is an overlap resistance that sits above the 100.0% Fibonacci projection level
Take Profit: 144.786
Why...
USD/JPY is trading close to an overlap support and could potentially bounce off this level to rise towards our take-profit target.
Entry: 144.896
Why we like it:
There is an overlap support that aligns close to a confluence of Fibonacci levels i.e. the 50.0% retracement and the 61.8% projection
Stop Loss: 144.269
Why we like it:
There is an overlap support that...
EUR/JPY is rising towards a pullback resistance and could potentially break off this level to climb higher.
Buy entry is at 160.004 which is a potential breakout level.
Stop loss is at 158.830 which is a level that sits under an overlap support.
Take profit is at 161.538 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level.
...
CAD/JPY is trading close to a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 109.025 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level.
Stop loss is at 109.800 which is a level that sits above the 78.6% Fibonacci projection level and a pullback resistance.
Take profit is at...
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target.
Entry: 159.950
Why we like it:
There is a pullback resistance that aligns close to the 161.8% Fibonacci extension level
Stop Loss: 160.595
Why we like it:
There is a pullback resistance that sits above the 78.6% Fibonacci...
CAD/JPY is rising towards a pullback resistance and could potentially break off this level to climb higher.
Buy entry is at 108.052 which is a potential breakout level.
Stop loss is at 107.150 which is a level that sits under a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 109.025 which is a swing-high resistance that aligns with...
The weekly chart shows a bullish engulfing candle formed last week, which marks 140.25 as an important swing low. Whilst we remain unconvinced the pair will simply break above 152, it does show the potential to extend its countertrend bounce.
However, with the pair stalling beneath last week’s high ahead of a key US inflation report, the potential for a pullback...
GBP/JPY has just reacted off a pullback resistance and could potentially drop lower towards our take profit target.
Entry: 184.180
Why we like it:
There is a pullback resistance level
Stop Loss: 185.087
Why we like it:
There is a pullback resistance level
Take Profit: 181.874
Why we like it:
There is a pullback support that aligns close to the 38.2% Fibonacci...
AUD/JPY is falling towards a pullback support and could potentially break under this level to drop lower.
Sell entry is at 96.517 which is a potential breakout level.
Stop loss is at 97.050 which is a level that sits above a pullback resistance.
Take profit is at 95.836 which is a swing-low support that aligns close to the 78.6% Fibonacci projection level.
...
