USDJPY
U.S. Dollar / Japanese Yen
Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Interesting relationship here - JPYUSD has a 6 year bottom trendline of resistance it has been following. This line has been hit a few times over the last 6 years, and literally every time it hits this line, a correction of some variety occurs. It's almost like clockwork. Not sure if there is actually any mechanistic behavior going on, but it's worth noting...
The Japanese Yen had a rising wedge for the last few months, though lately they broke through support. Now it is at a small time support level, waiting to be broken. Make sure to watch out for this. Please like and follow, thanks!
entry @ 90% stop loss @ 110% take profit @ .382 and .25
On the edge of Chaos and Pain, sorry to disturb the EVERYWHERE Permabulls, but currently all previously working correlations start to indicate a major movement. Especially in the 5 Trill. daily volume FOREX market. Among all correlations the best working were JPYUSD & Ni225 as well as JPYUSD and XAUUSD . As well as a few others like S&P with 10 yield. From the...
Currently in a down trend looking to enter of the 50 ema and the top of the link down trend channel Entry 650 is a day trade ( 50 ema( blue line) 4hr entry hold till 200 ema ) Entry 665 is a swing trade Will enter trade of candle price action both being bearish TP AND ST LISTED IN YELLOW AND RED
Currently in a downtrend looking a pull back to the 50 ema and the top of the pink downtrend channel Entry 650 is a day trade ( 50 ema 4hr entry hold till 200 ema ) Entry 665 is a swing trade Will enter trade of candle price action both being bearish TP AND ST LISTED IN YELLOW AND RED
Running and not ruining... itself. We're obviously bullish here for a variety of reasons, and have been for some time on the hourly chart. Going up here, and more or less at the end of this local impulse. I have outlined Fibonacci goals in green, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for...
Looks like JPYUSD broke out of a symmetrical triangle to the upside. I am looking to short all JPY pairs. GBPJPY, specifically, could be an excellent short if we come to find that BREXIT talks stall out once again.
As usual, only look at the text and not at the chart OR look at the chart and not read the text, you know the drill
With monthly volatility at time lows and several decades of base building, the Japanese Yen looks set for a historical bullish run against the dollar. p.s. Happy Thanksgiving!
USDJPY H4 Live Forecast Up Direction
A Depreciation phase of the US stock market started in mid-2018. The current rally in the US stock market is an EXCESS PHASE rally (very similar to the Gold price rally from 2009 to 2011 where the real Gold price appreciation phase ended in 2009, but the peak in price didn't happen until 2011). It took until 2013 (over 4 years after the true end of the...
This is basically inverted Dollar Index ( DXY ) chart (equal weight against 2 major world currencies EURO and YEN) Price is likely to fill the extension. Usually price react at major clean breaking points ( CBR ) or at point of releases (POR). Thats where you should place trades. Never chase price. Trade the reactions. Sooner or later such liquidity blocks come to...
Wow, I didn't know supply and demand actually worked this well. There's a few speed bumps to watch out for, but the strategy is solid. Thanks Simon Kloot for the class on Udemy. Was worth every penny.
i think sell position is reasonable ... we have a triangle pattern that e wave has been completed.