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Hi Traders, USDJPY on H4 after series of red candles we expect the price to go lower however it might go to 110.16 zone before it continues lower.
⬇️Sell now or Sell at 110.16
⭕️SL @ 110.46
✅TP1 @ 109.5
✅TP2 @ 108.75
✅TP3 @ 107.95
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❤️ Your Support is really...
USDJPY (long-term)
$ vs ¥
The market has been moving sideways since a bullish impulse in wave ((A)) finished.
It seems like a wave ((B)) is taking the form of a triangle .
So wave C of (D) is finished. If correct, the market should continue to decrease towards the pattern’s lower side to a wave (E) , in the coming months.
USDJPY (long-term)
$ vs ¥
The market has been moving sideways since a bullish impulse in wave ((A)) finished.
It seems like a wave ((B)) is taking the form of a triangle. So wave C of (D) is likely underway. If correct, the market should continue to increase towards the pattern’s higher side in the coming weeks.
It was a quiet week for USDJPY as the Japanese Yen rose by 0.43% to ¥104.94 against the U.S Dollar as we forecasted in our previous analysis. In the week prior, the Yen had declined by 0.68% to ¥105.39.
For this week, there is a chance that the pair will break the trendline highlighted on the chart and if we get a small consolidation underneath, the price can...
USD is seeing strength due to recent interest rake hike and 2 more planned hikes this year. JPY is seeing some weakness due to Trump's threats of Trade War. As today is over and tomorrow is the 4th, we may see a further downslide as reports have the USD being strong into the holiday. If Trump softens his stance, we may see some strength return to JPY.
None of...
As seen in the monthly chart above, the price has been tested to top band but failed and falled back.
In this case, we can expect to fall to the blue support line. Most likely it will broke it and reach the red support line.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the...
Usd/Jpy Daily - Price under trend line, fib and structured resistance. Good sell opportunity for 500-600 pips. This correlated well with Usd index weakness technically.
Hi Traders,
We await confirmation of the break up with a rejection of a move lower within the range of the rectangle.
As we saw earlier there was a fake break out above the trend line which was met with a sharp move lower.
To begin buying we want to see price supported within the rectangle as it falls in line with the price structure of the previous breakout...
