Hello friends, I think that after correcting the low soft time, we are now on a good demand. We should see a good rally from the Japanese yen
Good day Folks, I See price is oversold on The Currency index for the Japanese INDEX. my technical indicators and analysis tell me that we will have a reversal. mindful of the fact that reversals are not called nor predicted I see longs to cover internal liquidity and external liquidity, thus I'm Long. your impute will be much appreciated
We look at the graph we can see that: JPYX is still in a downtrend. In recent times we may see a recovery, but in the end it is still hopeless. Japan currently continues to implement the policy of reducing interest rates to stimulate economic demand. Japan has experienced many years of deflation and this is the time to continue to stimulate economic demand, to...
Just a few raise and 1:2 is achieved, price has reversed as expected.
Expecting price to reverse or bounce off on getting to POI. Similar set up and CADJPY and GBPJPY, set ups incoming
Possible bearish for few weeks. wave 4 to 5. Trade with your own risk.
The corrective phase this market had while it was going down indicates that more long positions were being added and will eventually take over. But with the break to the upside, knowing that retail traders were also expecting to buy in this area, commercial traders had to change the direction in which retail traders think of excecuting (in this case from buying to...
The jpy index has created a series of lower highs and lower lows which is a downtrend movement, so i am expecting the market to form a new lower high at the previous supply zone for more entries for sellers. If the jpy index is on a sell trend that means all jpy pairs should be on a buy trade. i am nit a market maker, just an analyst to my own knowledge.
Hello everyone, I want share my idea on JPYX. Last 2 month we see JPYX strong and clear down trend which is continue down, We had a little Fake Out of 804.5 LVL but its actually gave ne good low, seller became active again and price came down which brake again support LVL. Here what I am only looking is retest on this FVG (Fair Value Gap) and then I will open...
Hello everyone, I want share my idea about JPYX. JPYX is in strong bear trend but this week it stop moving down and start consolidating, but its still in down trend, its stopped little time, but at the moment its stay on support LVL, which in my opinion its weak for catch price on that LVL. On chart I am showing you the 2 possible scene what possible will...
Currently, we are at the last wave of the overall wave which is the wave 5. Expect rejections around 775.0 price level. baased on the previous candles that left a gap without filling, expect price to fill it in the future and that will be the target after breakout of the red trendline.
The JPY index could continue to lose ground. Potential first support at the 800.0 level, and we cannot rule out testing last year's low either
This is my opinion with technical analysis Please respect the following rules: 1- Risk management . 2. Have your own strategy.
JPYX has made very strong breakdown, and has huge potential for more downside. CADJPY is the best looking pair to buy for 400 to 500 pips. Enjoy that trade.
This is my opinion with technical analysis Please respect the following rules: 1- Risk management . 2. Have your own strategy
Possible Wyckoff Accumulation Schematic 1 spotted on weekly time frame.
Fundamentals and technicals pointing towards a strong Long on the JPY pairs Currecny correlations between AUD/JPY, GBP/JPY, EUR/JPY & USD/JPY are all pointing to a reversal soon which further increases the probability of JPY strength and the short to medium term. Let me know your thoughts.
JPYX is currently selling off BUT now we are getting ready for the CORRECTIVE PHASE. HOW TO POSITION YOURSELF Wait for JPYX to hits the ZONE below then SHORT xxxJPY (Preferably - CADJPY, CHFJPY, AUDJPY) INVALIDATION If by any chance JPYX refuse to bounce at the ZONE below and stretch all the way down to the PMthLK EXIT all JPY trades. TARGETS We are...