FX:USDJPY   U.S. Dollar / Japanese Yen
Daily forecast for usd/jpy , we have started selling of on dollar weakness, we have rejected top trendline with an inside bar breakdown. look for overbought on lower timeframes to open a sell position
Comment: I’m the best trader here by miles! Follow me and make money

Comments

Agreed there is clear rejection of the downward trendline around the 106.000 mark also it has confluence as well as it is at a resistance line also.

I believe this will move back down towards 104.400 before maybe moving upwards.
+1 Reply
Feltzilla shaungliddon
@shaungliddon, yes mate same thinking as me. Daily looks like it should gain some momentum coming into this week.
Reply
shaungliddon Feltzilla
@Feltzilla, Yeah agreed, there is nothing saying otherwise at the moment so just go with the price action.
Reply
Feltzilla shaungliddon
@shaungliddon, have a good week pal, hopefully we get a nice fall
Reply
+40 pips
+1 Reply
You got the wrong trendline lol
Reply
Feltzilla freekodak
@freekodak, this is a daily chart?
Reply
Youngmuni freekodak
@Feltzilla he means the trendline is kinda thick👀
Reply
Feltzilla Youngmuni
@Youngmuni, don’t worry about the trendline, there is more going on than a trendline
Reply
Youngmuni freekodak
@freekodak YB better than Kodak
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter