My previous plot was relatively accurate:
In my perception we can expect short-term upward move up to 0.618 or 0.5 fibo.
In long-term I expect USD to move down.
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
I have been watching this pair for about two weeks now since it started its bullish trend, just waiting for the reversal. Caught some awesome pips this...
I have been interested in going long the Japanese Yen futures contract since the completion of the large Bullish Cypher pattern (I first saw this idea by @TradingJazz on USDJPY, his original idea is linked below).
I got picked up on a long at .8811 last night but took my small profit when it seemed it was heading back down after making a lower high. I am now...
Hi. This is my first idea on Tradingview.com
USDJPY
1) Complete ABCD Pattern.
2) Breakout Trendline, maybe it will continue going UP
3) But, Im gonna put BUY ORDER on 112.400-122.60 area. Take profit, around 114.415-114.954
Japenese index Nikkei225 - Price under major daily and weekly resistance. Good short trade with great risk to reward. This correlates with jpy currency strength.
hello my friends ....
i will be analysis the jxy,dxy,exy for the next weeks first we start with
jxy
i am expecting a drop in jxy japan index price for the next weeks
USD moved down as I have predicted in my previous plot - see below.
Now is time to move up and touch EMA (2h plot) - this week and beginning of next one
After that we will see more downward move - since next week.
Tunnel is still active however, slightly changed as wasn't accurately drawn first time.
My previous plot on USDJPY:
Downtrend on Dollar was initiated in mid-December 2016 by FED's interest rate hike.
Expecting price to move towards 0.5 fibo then retrace towards 0.618 fibo.
In long term price of the dollar will continue going down.
We looked at the AUDJPY on Thursday of last week. At the time the pair was trading just below the 85.35 handle, a level that’s served as a pivot since the new year began.
The idea was to watch for a sell signal from new resistance. However, Thursday closed at 85.51, which canceled out any notion of shorting the cross. I wasn’t interested in buying the pair on the...
We discussed the AUDJPY exactly one week ago. At the time the pair had just broken support at 85.35 and looked determined to test the next key support at 83.73. With this in mind, we were watching for a selling opportunity on a rotation back to new resistance.
Unfortunately, that retest never came. But the pair did reach a low of 83.81 this past Tuesday, just 8...
The AUDJPY appears to have broken a key support level. The 85.35 handle has been a critical factor for the pair since the start of 2017 and yesterday’s close at 85.32 should continue to attract selling pressure.
But as you may well know, what we sometimes think are precise levels are instead areas of support or resistance. So yesterday’s close being just 3 pips...
Just yesterday we were discussing the potential for the British pound to continue to advance against the greenback. And given yesterday’s close, that still seems likely so long as 1.2410 holds up as new support.
But the pair’s counterpart, the GBPJPY, hasn’t fared nearly as well over the past 24 hours. Yesterday’s plunge in equities has triggered a flight to...
