EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 161.964 which is a pullback support that aligns with the 78.6% Fibonacci projection level. Stop loss is at 161.32 which is a level that lies underneath an overlap support that aligns with a confluence of Fibonacci levels i.e. the 38.2%...
CHF/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 168.882 which is an overlap support. Stop loss is at 168.000 which is a level that lies underneath the 38.2% Fibonacci retracement and the 100.0% Fibonacci projection levels. Take profit is at 170.242 which is a pullback resistance. High...
AUD/JPY is falling towards a potential breakout level and could drop lower from here. Sell entry is at 97.361 which is a potential breakout level (wait for the current 1-hour candle to close below 97.361 for confirmation of the bearish breakout). Stop loss is at 97.900 which is a level that sits above a pullback resistance. Take profit is at 96.850 which is an...
NZD/JPY has broken below a potential breakout level and could drop lower from here. Sell entry is at 91.126 which is a potential breakout level (wait for the current 1-hour candle to close below 91.126 for confirmation of the bearish breakout). Stop loss is at 91.450 which is a level that sits above a pullback resistance. Take profit is at 90.605 which is a...
Today's focus: USDJPY Pattern – Consolidation (Bullish?) Support – 149.84 Resistance – 150.81, 151.745 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the USDJPY on the daily chart. Simple story today: will the current price consolidation break higher (with trend) or break lower, setting off distribution? We find it's important...
CAD/JPY is is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 110.795 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 111.280 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is...
CAD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 110.747 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 110.15 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 162.649 which is a pullback support. Stop loss is at 162.200 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 163.720 which is a pullback resistance. High Risk...
NZD/JPY is falling towards a potential breakout level and could drop lower from here. Sell entry is at 92.699 which is a potential breakout level. Stop loss is at 93.100 which is a level that sits above an overlap resistance. Take profit is at 92.369 which is a pullback support that lies above the 50.0% Fibonacci retracement level. High Risk Investment...
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 98.178 which is a pullback support. Stop loss is at 97.850 which is a level that sits underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 98.615 which is a swing-high resistance. High Risk Investment...
USD/JPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 149.825 which is a pullback support. Stop loss is at 149.400 which is a level that lies underneath the 38.2% Fibonacci retracement level and a pullback support. Take profit is at 150.871 which is a pullback resistance. High Risk Investment...
USD/JPY could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 148.673 which is a pullback support. Stop loss is at 147.520 which is a level that sits under an overlap support. Take profit is at 149.749 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
CAD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 110.313 which is a pullback resistance that aligns close to the 61.8% Fibonacci projection level. Stop loss is at 111.150 which is a level that sits above the 100.0% Fibonacci projection level and the swing-high resistance. Take profit is...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 185.656 which is a pullback support. Stop loss is at 184.350 which is a level that lies underneath a pullback support and the 100.0% Fibonacci projection level. Take profit is between 187.500 and 187.729 which is a pullback resistance that...
Today's focus: USDJPY Pattern – Consolidation Watch Support – 146.20 Resistance – 148.50, 151.70 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the USDJPY. After US employment data shocked on Friday and lifted the USD, we are wondering if we will see trend continuations on the USDJPY. So far, the price continues to travel on...
USD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 147.093 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 148.080 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 186.901 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 187.750 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
CHF/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 169.819 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% retracement and the 100.0% projection. Stop loss is at 168.700 which is a level that sits under a swing-low support. Take profit is at...