AJ is continuing the bullish trend. There are two sets of trade setups. If you see a better trade idea, please let me know.
AJ on the weekly timeframe, according to Marketmilk, shows that the AUD is in the red, while JPY is in the green. Here is a potential sell setup based on the highest timeframe, such as the daily timeframe. If you see something different in this market, feel free to comment below.
EJ hit a psychological resistance area, then earlier bears came in. Looking at Marketmilk (Babypips) and MTA, here is a potential sell idea setup. If you see something different on the charts, please let me know.
On Marketmilk (Babypips.com), it shows that CADJPY is in the bearish matrix territory. Here is a sell idea setup on the higher time frames. If you see a better setup, comment below. I'd love to hear your thoughts.
AJ on the daily timeframe is showing a confirmed downtrend, resulting in this trade setup. If you believe that there is a better setup, please let me know.
GBPJPY's MA's and change in percentage have shown a short idea. Let me know if you think there is a better trade setup on this chart.
With the MA's crossing over (21 and 50), this trade idea is based on TA and MTA. Let me know what you think of this trade idea. You may jump in if you'd like. (or wait for a better setup)
Recently, checking Marketmilk on Babypips shown GJ on a downtrend. The bear market has been steadying since Friday. If you'd like to take part in this downtrend, use proper risk management.
Audjpy (according to Babypips Marketmilk) has been on a strong sell market. Bears have been pushing the pair down since Friday. MA's crossed over, confirming the downtrend. If you'd like to ride this market's current short, use proper risk management. dld
CADJPY (since Friday) was riding a downward trend. The first entry bear market has taken over, with my MA's crossing over, confirming a downtrend market. Here is a second entry if you'd like to take this trade and ride the bear market. Use proper risk management.
NZDJPY may be following suit with the JPY downward trend this week. With the upcoming High impact reports in China and Japan this week, we'll see if this pair continues to go back to its sell levels from the previous weeks.
After last week's uptrend short term reversal, AUDJPY (according to Marketmilk) is back on the downward side. Do you think this pair will continue its downward spiral up until next week (the first full week of July)?
Here is a potential buy setup. If you'd like to participate in this trade, please use proper risk management.
CAD performed a flag pattern this past week and a half, showing some back and forth between buyers and sellers. Will the long position hold? Not sure, but I see a good buy set up - be it short or long term. If you'd like to participate in this trade idea, please use proper risk management.
EJ last week didn't perform as well. Perhaps it's making a comeback now, after testing certain resistance areas to see how far it can break the line. So far, we are back on the buy trend. If you'd like to participate in this trade idea, please use proper risk management.
I've been following the JPY pairs recently. AJ seems to be bouncing back to the buy trend after testing a current support level the past week. If you'd like to participate in this trade set up, please use proper risk management.
EURJPY is sitting on the fence between bearish and bullish territory, according to Marketmilk.babypips.com. Waiting for it to cross alert at 130.613 before entering. If you see something different on the chart, please comment below. Otherwise, if you'd like to participate in this trade, please use proper risk management and create an alert for 130.613 entry.
Here is a USDJPY Sell Idea. The MA's are crossing on the downward side, yet I would take this trade with a grain of salt. If you'd like to enter in this trade, please use proper risk management. If you see something different in this trade, please comment below.