japaneseyen

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=125.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=125.85. TP4: R2=126.1. Set the stoploss of these orders at breakout of S2=124.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

Posted this set up last week, however due to technical factors not aligning the trade set-up was cancelled. Following Friday's bullish engulfing closure breaking out of the range-play, Euro now looks set to advance into the 126.000 weekly key region.

The 124.750 highlighted region is looking to give way relatively soon. On Friday we saw a breakout of the counter trendline followed by a retest which managed to hold back above, currently the top highlighted region is providing some strong resistance however, once we do see a strong push to the upside the probability of pushing higher into the target region of...

we have 2 potentials here..... 1. new have our first reversal zone ranging between 74.100-74.400. we have a already had one rejection in that zone. the TP we have is 140 pips. mini head and shoulders 2. our second reversal zone which ranges between 75.550-75.100. back towards the end of september we see this level reverse so if the first idea breaks I will see...

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=124.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=125. TP4: R2=125.25. Set the stoploss of these orders at breakout of S2=123.9. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=113.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=112.9. TP4: S2=112.6. Set the stoploss of these orders at breakout of R2=113.5. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=113.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=113.8. TP4: R2=114.2. Set the stoploss of these orders at breakout of S2=113.15. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

- EMAs crossover on the H1. - 38.2 fibonacci level fulfilled, retracement could be over and EUR/JPY should fly and form a new higher high towards 134.00 region. - Daily support level of 131.81 has held up and price has rejected this on the D1. - Both EMAs acting as a dynamic support on the H4.

USD/JPY has formed consecutive lower highs indicating a bear market on the H4. On the daily you can see price bouncing off the daily support of 110.07 few weeks ago and retraced to the 61.8% fibonacci level before continuing the bearish momentum. Price has struggled to break the H4 resistance level of around 111.41, forming spinning tops and dojis with long wicks...

EJ - Pullback then 128.000? Failure to close below the previous low could result in a bit of a pullback before seeing 128.000

CadJpy - Weekly timeframe - I see further strength in jpy pairs and good swing trade opportunities across major jpy pairs. This setup is a pending sell limit.

GbpJpy - Daily. I see a good med-term sell on all JPY pairs for the next few months.

Not much risk here but a possible huge gain. 61.8 rejection and respected descending trend line again. TP down at touch of weekly trend line. Pending order set depending on market open

What I'm seeing on this pair: UJ - 4hr - Descending wedge shown on 4hr timeframe - Would probably only being looking for shorts on this pair if the opportunity comes about UJ - Daily - Stuck in this huge consolidation range - Currently rejecting that area once again - Current break of the ascending trendline

Here is what I'm seeing with this pair: EJ - 4HR – Breach of 4hr trendline, Expecting Pullback before possibly taking a long position. Stops placed under previous lows EJ - Daily – Failure to break previous support now acting as resistance (Multiple tests) – Tweezer Bottoms on what would be Wednesday and Thursday (Bullish Reversal Signal) – Daily bias would be...

OBSERVATION: Since September 2016 price has been ranging within a wedge. The 1D view is showing that price has closed below the bottom trendline and bounced back up to a resistance zone and closed below it. All EMAs are bearish and the 20 is about to cross over the 50. We could see the start of a downtrend so I will be entering short targeting first 131.650.

Japenese index Nikkei225 - Price under major daily and weekly resistance. Good short trade with great risk to reward. This correlates with jpy currency strength.