USD have had 2-3 negative data to come out and you can see JPY really taking advantage of these new even to restore their bubble they were in of strong buys, maybe a solid reversal to occur.
We have two scenarios , the first is breaking out the resistence area 146.50 and Re-testing again then resuming bullish move to 148.80 , and the second scenario which is may pullback from R area and then reaching at 145.00 , So we are waiting for price action to confirm the next move.
I write to you today with concern and urgency as the gold market takes an unprecedented turn. In recent weeks, gold has reached record highs against the Japanese Yen (JPY), potentially defying the US Dollar (USD) dominance. This unexpected development calls for immediate attention and careful consideration, as it could have significant implications for traders...
Bullish indications:
Bullish flag formation and break out in 5 min
Double bottom from the bottom support
Bullish divergence in 5 min time frame.
Made a new high and currently at retracement higher low with morning star candle formation.
Trend line support respected.
Bearish indications:
Currently in lower low and lower highs.
Trade plan bias long @...
Pair Name : USD/JPY
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
------
🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ❗️ Short )
Type : Mid Term Swing
——————————
Bearish...
Pair Name : AUD/CAD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Long
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 40 PIP
Observing the USD/JPY pair, we can notice that the price had been in an uptrend and had gathered liquidity. After the liquidity pool was filled, the price broke through the last order block, following which the most recent high was breached. In my view, this signifies the beginning of a downtrend. I anticipate the price to reach 144.550 .
i see the price has made a deep pullback on a falling wedge pattern, then the price created a double bottom pattern, and a strong rejection of the 50 Moving Average, this a strong buy bias.
High Risk Warning!
I'm expecting USDJPY will complete the pullback to the fibo level (box area) and continuing to make lower low or atleast retest the previous low
USDJPY Seeking a pullback into buying territory around lower 144.890 zone .
A third test of resistance at 146.430 could see price fail for a break higher and instead pull orders off 144.890 zone which would be an optimal entry for a long toward 146.450 again - this time allowing price to trend for its weekly target of 147.250.
the price first broke the resistance turned support area, then created a falling wedge pattern, now it looks like the price will continue its bullish run
**Emotion
Good 😊 sleepy
Time
Newyork open after 1 hour
Why
Retest 50% follow sell
(M30)price breakout and retest already
Xauusd on super bullish
Plan
Hold until target or SL
Risk 0.5%
Look at those beautiful channels for $FX:USDJPY. Last year, we had a strong uptrend from 115 to 151, and the central bank had to intervene strongly. We see another uptrend this year as well. There is a fight between the market and the central bank. BoJ had to make a move when the price reached to 144. But it seems market wants to push higher this. We potentially...
I havent viewed this pair in ages, here we go. I did first small timeframe analysis, my strength is with RSI so I got that, helped me confirm the impulsive wave and now we looking for selling target but from Daily this looks so mature to sell for a long run.
