USDJPY is in an upward trend. We expect a pullback and then a continuation of the trend. Using the Fib retracement tool, we aim for an entry between the gold zones (0.5 -0.618 fib zones). We look for buying opportunities when the price gets to 105.460 or below. Take profit around 106.093 and stop loss around 105.049, giving you a risk-reward ratio of 2.76.
price is currently around a level that has been respected as a support previously, a double bottom. I'm expecting price to respect this level again and move for a buy at 0.90000 level with a stop loss at 0.89531 and take profit at 0.91775, a nice risk to reward ratio.
Price is heading towards a level which has previously been a double bottom previously where I expect the price to reverse and head towards the resistant level, where I will look for a short opportunity at 1.25221 levels with stop loss at 1.25853.
Price is heading towards a resistant level which previously served as support level around the 133.850 region. I'll look for shorting opportunities around the 133.850 region. With a stop loss around the 134.500 region and take profits at 131.800 region.
Price broke through resistance at 66.045 region. We expect this region which was just broken to be a new support level for price to further shoot up. Look for buying opportunities when price comes down to the 66.050 region, and set reasonable stop loss in case of a breakout.
Price has broken through levels which previously served as support , and so we expect continuation of the sell trend, however i am waiting for a pull back to the previous support region which will now serve as resistance, to open a short position. This is in the region of price level of 1.22196, with a stop loss at 1.22928 region.
Price is approaching a resistant level around the 1.53018 region, where i would look for possible short opportunities, as that level has been respected twice previously. With stop loss at 1.53573, in case of a breakout.
Risk reward ratio is a little over 3.