USDJPY is trading in a bullish trend. The price is currently retesting a recently broken horizontal key level. Approaching that, the market formed a double bottom pattern, violated a resistance line of a falling channel then. I expect a bullish movement to 145.64 / 146.0 ❤️Please, support my work with like, thank you!❤️
The CHFJPY pair has been on a very strong and steady rise, supported by the 1D MA50 (blue trend-line) since the March 29 break-out. Our last signal was on April 28 (see chart below): The situation hasn't changed and the trend remains bullish, aiming at a +8.00% extension. Our target is 171.000. If however the pair breaks below the 1D MA50, we will close it...
The AUDJPY pair is on the 3rd day after a Double Top rejection on the 1D MA50 (blue trend-line). That was a Lower High at the top of 2-month Channel Down. This is a sell opportunity, as long as the price is closing 1D candles below the 1D MA50. Our target is a -3.68% decline (as the previous legs) at 91.450. You can more safely settle for the 1D MA200 (orange...
The EURJPY pair is trading within a Channel Up pattern since the mid-March low with the 1D MA50 (blue trend-line) as the main Support. The 1D MACD made a Bullish Cross and every previous such formation within this pattern, has been a confirmed buy entry. The first Higher High was a +9% rise, the second a +8% and assuming its a progression, we expect the current...
Hello Traders! On The Daily Time Frame The USDJPY Price Reached a Resistance Level (145.073 - 143.956). Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 148.050🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hi Traders! On The Daily Time Frame The CADJPY Reached a Strong Support Level! Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken🔥 So, I Expect a Bullish Move📈 ----------- TARGET: 108.580🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello,Traders! USD-JPY keep growing And I am bullish biased Overall, but the pair looks Overbought at the moment So after the pair hit the Resistance of 145.141 I think that we will see A bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURJPY also looks very bullish to me. The price formed a huge inverted head and shoulders pattern on a daily, perfectly respecting 157.4 - 158.1 resistance and retracing from that. Yesterday, however, the underlined blue area was broken, confirming that a bullish trend continues. Next target - 160.5 ❤️Please, support my work with like, thank you!❤️
CHFJPY is trading a long-term bullish trend. After the price set a new high in July, it started a correctional movement. A cup & handle pattern was formed. CPI report was a trigger for the buyers to violate the neckline of the pattern. Daily candle closed above that. It signifies that bullish trend will continue. The market will most likely keep growing. Next...
Hello Traders! On The Daily Time Frame, The USDJPY Broke The Resistance Level (141.956-141.437) This Key Level Becomes New Support Level! So, I Expect a Bullish Move📈 i'm waiting for a retest ----------- TARGET: 144.370🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders! On The Daily Time Frame, The AUDJPY Reached a Strong Support Level ! Currently, The Price Failed to Create new Lower Low 📉 Moreover, The Price Formed a Triple Bottom Pattern, The Neckline is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 94.950🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
USDJPY is on the third straight green 1D candle after a rebound on the 1D MA50 that has turned the 1D time-frame into healthy bullish levels (RSI = 60.603, MACD = 0.480, ADX = 30.898). This is technically a bullish continuation signal, with the 1D MACD after a Bullish Cross, resembling the bullish sequence of April. We are long, targeting the R3 level (TP =...
Here is my latest structure analysis for USDJPY. Horizontal Key Levels Resistance 1: 143.90 - 144.35 area Resistance 2: 144.80 - 144.05 area Support 1: 141.50 - 141.80 area Support 2: 137.25 - 138.05 area Vertical Key Levels Vertical Support 1: Rising trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with...
OANDA:USDJPY - Very interesting here when we zoom out on the 4H - If we anticipate price action to continue upwards, we have price at the 4H BreakerBlock, which is right above the 50% fib. - Then drilling down to the 15m, we're looking for a structural break to the upside for an entry - If price continues to head down, this will invalidate the 15m entry long -...
USDJPY managed to form a Bearish Gartley Harmonic Pattern in the 🟡 Price Reversal Zone(PRZ) 🟡. A confirmation sign of point D of the Bearish Gartley Harmonic Pattern can be a Bearish Engulfing Candlestick Pattern . 💡Also, we can see Regular Divergence(RD-) between two consecutive peaks. 🔔I expect USDJPY will FALL to the 🟢 support...