I'm expecting USDJPY to continue back on its bull run after some retracement. The pairing more than likely has enough momentum now to blow past the previous high of 131.350 and onto 132.000 and higher. Buy Signal: 128.630 Targets: 129.050 | 129.500 | 129.950 | 130.500 I have a resistance price of 131.350 and a support price of 127.500 . Be sure to...
I am short-term bearish on USDJPY and expecting the price to drop some more within in the next few hours. I will enter a sell between the prices 130.100 - 130.000 I have a first TP set for 129.600 and a second one set for 129.300 . I have a support price of 128.600 . Be sure to like this post and let me know what you think in the comments below.
After the FOMC minutes were released we saw USDJPY retrace to about 128.660 . Now that the pairing has corrected it has more than likely gained enough momentum to continue on its bull run. I will enter a buy between the prices of 130.500 - 130.570 . I have a first TP set for 130.900 and a second one set for 131.100 . Resistance price is the previous high of...
USDJPY is long based on current chart patterns. Entry: 130.080 TP: 130.380 | 130.500 | 130.900 I have a resistance set at last week's previous high of 131.250 . If the price goes past the resistance there is a strong possibility it will climb to 132.000+ . Price 129.400 invalidates this trade. Be sure to like this idea and let me know what you think in...
USDJPY is short-term bullish . I have a neutral stance on the overall trend. Entry: 128.200 TP: 128.500 Re-Entry: 128.750 TP 2: 129.000 If price drops to 128.700 I will go into a sell and take profit at 128.500 or 128.200 . Be sure to like this post and let me know what you think of this idea in the comments.
Gold reached a high of 1998.00 after about 3 weeks of ranging between 1897.00 - 1945.00 , and has retraced back down to that previous high of 1945.00 . I am now bullish on Gold and will be entering a buy at price 1955.00 with potential TPs of 1958.00 | 1961.00 | 1965.00 . If the price reaches about 1967.00 I will re-enter and TP at 1974.00 . - In...
Hi everyone, USDJPY was not able to reach the price of 130.000 , and we saw an almost 2,000 pip retracement down to about 127.450 after reaching the high of 129.400 . I am still bullish on the pairing for long-term, but neutral for the short term. If the price reaches 128.850 I will enter a buy with the first TP set at 129.200 and a second TP/resistance...
We have seen a nice leap in price since my last update, blowing past the resistance of 127.330 . I am still bullish on USDJPY, but the price of 130.000 will be a big deciding factor. If the pairing continues past this price it will more than likely go onto to 134.000 . If not we may see some drops. Current Trading Range based on April 2002 day chart Entry:...
Bull run not over! USDJPY has blown past my previous resistance price of 126.300 as expected. The new trading range is based on the last time the price reached these highs in April 2002. I have a support/entry point of 126.400 and a resistance of 127.330 . Possible TP points: 126.600 | 126.800 | 127.000 | 127.330 For more frequent updates be sure...
Hi everyone. We have seen a lot of movement on USDJPY since Sunday's opening of 124.300 , hopefully you were able to capitalize! I am still bullish on the pairing and will continue to be until we see prices in the 130.000+ range. Based on current trends the bull run can continue or we will see short retracements. If the price reaches 125.750 I will enter a...
Hi everyone. My last bull signal ended up reaching the second TP price of 123.825 , hopefully you followed through and were able to make some profits! I am still bullish on the pairing and changing my previous third TP price into a new buy entry. As you can see on the chart above, USDJPY has made small, stagnant movements between the prices 123.700 -123.900...
USDJPY is currently at a median point and gathering momentum with the potential to break either way. Although I am currently bullish on the pair and expecting it reach the previous high of 125.100 and beyond, I have illustrated either scenario based on last weeks trend. Long Safe Entry: 123.100 - 123.135 TP: 123.600 | 123.825 | 124.120 Short Safe Entry: ...
For the past two weeks Gold has been ranging between the prices 1945.00 and 1897.00 as illustrated above. A strong, short-term trend has been set, and should be kept in mind when trading the pairing during more volatile times as this to ensure maximum profits and as little loss as possible. It is very likely that Gold will continue ranging between these...
Hey everyone, I hope you all have been able to bank on all of the movement that USDJPY has been giving us! After a nice bull run, the pairing is continuing to retrace. The TP of 121.480 on my previous signal has already been reached and the movement will continue downward. Based on current chart movement I am overall bearish on USDJPY. I have a safe sell...
After seeing a high of 125.120 USDJPY is looking to retrace. Based on the Fibonacci scale and current chart movement, I am expecting the pairing to go into a sell at price 123.055 with a first TP of 122.450 or .25 and a potential second TP of 121.480 . I have a support set at 119.800 or .5 and resistance price of 125.120 or 0 . Be sure to like...
I am currently bullish on Gold based on current movement and chart analysis. A good buy entry would be around 1971.00 with a TP price of 1988.00 . If the price continues past 1991.00 it could go onto to 2008.00 . I have a support of 1912.00 and a resistance of 2048.00 .
My previous USD/JPY bullish analysis almost played out perfectly with the pairing reaching a high of 121.400 just shy of the 121.600 that I predicted. I am now neutral on the pairing based on chart trends from March/April 2015, the last time Dollar Yen saw prices at this level. If the price breaks 121.680 I will enter a buy and take profit at 122.500 ,...
I am currently bullish on US Oil, basing my analysis on trends from earlier this month. Since the beginning of March, when the price breaks 115.000 we tend to see upward motion. I am entering a buy at price 115.000 and taking profit at 117.500 . If the price continues onto 118.200 oil may go to the resistance line price of 120.600 . Be sure to like this...