USDJPY Idea Dollar/Yen ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision.
Break of the trendline and respecting the resistance. Solid sell set-up. If price re-enters the trendline, bias may change.
USDJPY is preparing to shoot on the up-side, with a Bullish Impulse, ahead of the FOMC (FED). Expected swing: Minor C (white), of Intermediate (B) (red) completion. A spike in the Dollar would be expected on the FOMC Press Conference. USDJPY Tech. Analysis: * Elliott Wave: Intermediate (A) (red) complete * Fibonacci Extension Confluence (Minors A-B-C (red)) *...
Trade Idea: Sellinh USDJPY Reasoning: Into short term resistance. Entry Level: 134.36 Take Profit Level: 129.80 Stop Loss: 136.08 Risk/Reward: 2.64:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
USDJPY formed a bearish candlestick at horizontal level and channel resistance level. This is a signal to enter a short position.
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 10% DXY, 90% Cash. * DEATH CROSS WATCH . Final US Q3 GDP estimate was +3.2%, compared to a decline of -0.6% in Q2 , and was primarily led by upward revisions to exports, nonresidential fixed investments (IP and equipment) and consumer spending. The latest GDPNow US Q4 GDP estimate was 3.7% on...
Trade Idea: Selling USDJPY Reasoning: Head and shoulders retest Entry Level: 136.35 Take Profit Level: 134.80 Stop Loss: 136.925 Risk/Reward: 2.71:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
USDJPY - Intraday - We look to Sell at 138.16 (stop at 139.16) The rally was sold and the dip bought resulting in mild net losses yesterday. The medium term bias is neutral. Bespoke resistance is located at 138.16. A Fibonacci confluence area is located at 143.82. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our...
USDJPY - Intraday - We look to Sell at 137.50 (stop at 138.50) Traded to the lowest level in 68 days. The 261.8% Fibonacci extension is located at 133.72 from 152.01 to 145.02. There is no clear indication that the downward move is coming to an end. Previous support now becomes resistance at 137.50. Intraday signals are far from strong. Our profit targets...
Expecting some bearish momentum during London Session Open to seek Sellside Liquidity below , price might evolved back into impulsive bullish momentum during New York open !
DXYUSD daily guidance is neutral with a bearish bias. Recommended ratio: 42% DXY, 58% CASH. * MINOR SUPPORT WATCH . US Midterm elections are underway and the polls are getting ready to close soon, Republicans are expected to control both the House and Senate when the results come in. DXY, US Long-Term Treasuries, CNYUSD, Metals, Agriculture and Cryptos are all...
DXYUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% DXY, 48% Cash. * FOMC WATCH . DXY, VIX and Agriculture are down while Cryptos, Equity Futures, US Treasuries, CNYUSD, JPYUSD, GBPUSD, EURUSD, Metals, Oil and Energy are up. White House Economic Advisor Bernstein said today that "President Biden has endorsed the Fed's policy pivot",...
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 25% DXY, 75% Cash. * 50MA RESISTANCE TEST. Both PCE price index and Core (without food and energy) for September saw the same increase from the August report , with PCE increasing 0.3% from August and Core increasing 0.5%. Though some may see this as plateauing, it's a bit premature and doesn't...
Japan FX intervention on 24 October estimated to have cost ¥700 billion to ¥900 billion , is Dollar Yen ready & steady for Bearish Reversal after breaking 1998 Resistance High (Buy-side Liquidity) ?????
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 30% DXY, 70% Cash. *DXY, 10 Year US Treasury Bonds and VIX are taking a hit as JPYUSD, GBPUSD, EURUSD, 30 Year US Treasury Bonds, Cryptos, Equities, Equity Futures and Commodities are all up. This is after speculation that Japan's government had intervened in currency markets by selling USD for...
• Japan government finally intervenes in the FX market to try and support the Yen • Major currencies lost almost 300 pips against the Yen following the news • On the chart above, illustrated an ascending channel the Dollar Yen is trading in, a bullish pattern indicating further gains on the cards • Also illustrated are the major support/resistance levels in red...
In the dollar index price is making double top ar 110.15 and drop to test its strong trend line support area 109.60 level . Now if price break this trendline support than we see the more drop in dxy and price and coming to test its next level of support area and fill the gap down of previous week. After the breakout of market structure the strong trendline...
USDJPY - Intraday - We look to Buy at 137.63 (stop at 136.77) We are trading at overbought extremes. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Support is located at 137.50 and should stem dips to this area. Dip buying offers good risk/reward. Our profit targets will be...