We saw in our private analysis the pair hit the monthly zone and reject strongly. We took a good sell from 75.4 and closed at 73.00 but kept one position open. Onto the cot data: However the Aussie has had orders shorted for the past 13weeks. Long Short Total %Long %Short JPY Avg_13 53,429 27,665 81,094 66% 34% AUD...
looking for a second entry on NZD JPY - depending on how the the market conditions look. We have a daily indecision candle - so looking for some good movements tomorrow lining up. Fundamental tension in HK will affect the NZD and Aussie at the sametime. So we expect some possible sell - off. from a technical S&D perspective we will look at the fibonacci retrace...
1. Price is being held resisted at the 106.40 price level. We see that price crossed temporarily above this level and quickly sold off lower. Price is retesting this level again and is being held resisted. 2. I see this as a good place to enter short for a decent R:R.
sell at 112.15 and tp at 112.45-60 much overbought gold saying opposite indice not up so a small legit correction is free money,? i made a sl for you but personally if he go 112.50 before to correct ,rsi h4 will be like 92-95 so i will just add 1lot more and finish with more win opportuniy in intraday like that its not every day also a good one is eurjpy like...
AUD/JPY: +200 pips This trade has hit our downside targets of 74 and 75. We've now closed the remainder of this position at 74. (+200 pips). Overall, this trade had NO drawdown, and was a great example of the trades we take every week; there's no point when 1 RIGHT position can earn us +5% in one trade while day traders are struggling with their 20 pip daily...
EUR/JPY: Rejection or Break at 3X Top -Message me for entries 23:48:53 (UTC) Mon Jan 13, 2020
Hi Traders, Dollar- Yen is on an uptrend, but for the 4hr chart, it is going on this a horizontal line in which if the market is able to retest and retrace we may go long /Buy with two targets:: Here is the setup USDJPY Buy at 108.450 Stop Loss at 108.130 Target 1 at 109.280 Target 2 at 109.610 Good Luck
We remain ready to execute a long position following the correct rejection and price action of the zone colored green in the chart. You can click on the linked charts below to see this trade setup published earlier this week. We have just now had the first real true price action this week and we look to take advantage of any opportunities that may arise.
Entry, stop loss and target for this trade given in our telegram channel.
UJ Head & Shoulder: Buy-limit after retracement
The YEN pair shows rejection on the weekly support, and a clean morning star doji candle on the 4-Hour chart, We are expecting a retrace to the buy zone of 61.8 - 78.6 (which is in confluence with previous support). I will be looking for buy entries there....for a Strong Buy lasting til end of the year.
The Japanese Yen is looking to break out of my wedge. People are looking to hedge their money in the yen, meaning bullish gold and bitcoin. We shall also be seeing a recession soon in the US.
Yen is probably going to increase in value for the next couple of weeks.
Pair: USDJPY Prediction : Long / Buy Target 1: 108.800 Target 2: 109.200
USDCNH about to reach another climax. watch out for the sharp drop. Please share your thoughts and views on my analysis and don't forget to like it and share with others.