USDJPY has formed an advance harmonics pattern on its hourly chart. The price is trading above the EL: 131.209. ST: 130.517. Targets: 38% AD: 133.350 50% AD: 134.222 62% AD: 135.093
On the chart we clearly have a bullish order flow, presently price pulled back to a weekly F.V.G (fair value gap) , fair value gaps are entry points too, so price did a consequent encroachment, and is heading up... LONG THE USDJPY
USDJPY Closed below a key demand zone, after a pullback to the supply, expect the price to continue pushing lower. Sell!
Here we are preparing for a two way trade, if the price rejectes to the resistance and (or) the fib we gonna get bearish as the orange arrow is pointing, if the price have a strong bullish and breaks the fib creating a reversal and new trendline we gonna get bullish, remeber always that confirmation candles are our entry pass.
Pair: USDJPY Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Short Entry: Continuation Corrective Structure after the breakout. ⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future...
USDJPY Analyze Generally the direction is downtrend but to continue at the bearish zone should stable under 130.55 then the price will reach 129.83 , 129.20 , 128.33 under 131.80 it will drop again to 130.80 stabilized above 131.80 it will try to retest again to 132.26 , 132.83 , 133.49 support line : 130.88 , 130.56 , 129.83 resistance line : 131.80 ,...
FX:USDJPY USDJPY is entering FIBO Zone. If it fails to break the downtrend line, short. The direction is not decisive. Waiting for more clear direction to enter SHORT
OANDA:USDJPY This time, hard 30 pips TP (131.497-131.195) Faded this short on the 15m going with the 1H bias, after Asian FX open. Trade well
USD/JPY is likely to drag further amid the strengthening appeal for the Japanese Yen. Target reached! Enjoy 100 pips. #M88N
This place in market is really catching my eye I'm evaluating the bearish momentum as primary but expect this week to be a pull back easily recognizable the downtrend TP@131.110 Uptrend tp@133.933 this is soley based on market sentiment MACD showing as bear momentum under 50/50 on/above ma rsi shows signal meeting/(KISSing) ma under 50/50 so bear momentum primary...
Overall trend is bearish and we may see a continuation of that trend. We are seeing a rejection at our gz to back that up.
This is time forecast for USDJPY using Gann method (deviation is within 1-2 days from the forecasted date).
USD/JPY forming a falling wedge and can be a good entry for long if it breaks upside.
OANDA:USDJPY Be careful of what we ish for. We all hate trading news days, but those are the days we get price action pushes one way or the other. Today? I wanted and prepared for a short after NYSE open, never triggered, only long plays which I didn't take early on. OH well, NO NEWS days typically chops in boredom last half of London and into NY. Trade smart
Support Levels have been broken, retested, and rejected. Also, we can see a trend breakout to the downside which leads me to believe we'll continue to see UJ drop for the short term. Look for sells once Japan session opens.
USD/JPY is forming bullish RSI divergence with falling wedge on 4H chart
USD/JPY trades to a fresh monthly low (130.54) while the price of gold registers a fresh yearly high ($2010) amid the ongoing weakness in US Treasury yields. The inverse relationship between USD/JPY and the price of gold may gain increased attention as the correlation coefficient falls to -0.92 from a less significant reading of -0.58 earlier this month. ...