Dollar looks to be pushing for its last move up.
Japanese economy looks stronger than swiss economy. Technically looks good for short.
Hello Traders, EURJPY is giving us a strong buy signal with the following targets defined. Red Line = 125.572 Very High Probability Target Blue Line = 126.289 High Probability Target Orange Line = 126.893 Medium Probability Target An aggressive entry would be now with the defined stop loss of 120.540, a more conservative entry would be the break of the most...
The AUD/JPY continues to climb as expected in my prior analysis An uptrend in AUDJPY . A r(0.946) linear regression that started in October suggests that the Aussie will continue to gain ground against the Japanese yen (green arrows). Note that stochastic analysis is just entered the 20-80 zone suggesting that the trend may be over if a series of lower-highs...
Note: AUD/JPY is reaching the strong resistance zone at 86.2x level. There are 3 potential trading plans for this pair: 1. We expect the price will approach the resistance zone at 86.2x level. If there are 1 strong bearish or 2-3 bearish signals, we will choose to short. 2. There is possibility that the price break the resistance zone and reaching the...
Note: USD/JPY tested the resistance zone at 118.5 level 2 times and the bullishness was rejected. Here, are 2 trading plans for this pair: 1. If USD/JPY managed to break the support zone at 114.5 level strongly, wait for pullback and bearish signal to short. 2. If the price unable to break the support zone, buying power might come in. In this case, wait the...
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Performance in percent while this periods (1482 Cross-Rates) drive.google.com Best regards :) Aaron
Since Trump speech this week the USDJPY has been on down trend. I believe the USDJPY will continue to fall and test key level of 113.40 support level. Break below that price could head towards the 110.00 level in the coming months.
Note: We are still watching on EUR/JPY pair We are slightly bullish on this pair. Here are 3 trading plans we have: 1. The recent bullish bar bounce from 20-EMA serve as a good signal to long. We can wait another bullish confirmation to entry long. 2. Wait for another pullback to support zone or 20-EMA and wait another strong bullish signal to long. 3. If...
AUDJPY double top formation on 4h chart Price action suggests short (hammer on 4h) RSI and Stoch also supportive for short
As expected, GBP increase could not be sustained at the beginning of 2017. GBPJPY keeps setting new lows, all eyes on supreme court appeal decision on Brexit. Fundamentally, GBP is in a chaos and there are no reasons to expect a strong Pound Sterling entering 2017 given the indecisiveness of politicians and investors' unwillingness and disinclination to back GBP....
Note: Overall, We are bullish on GBP/JPY. The price correction to 20-EMA followed by a bullish signal. There are 2 trading plans: 1. Swing Setup, price pullback to 20-EMA followed by a bullish signal. Can long now with little risk amount. Or to zoom into H4 or H1 chart, wait for pullback and bullish signal to long. 2. Wait the price correction to strong...
Note: Overall, we remain bullish on USD/JPY pair. Now, price having correction to 20-EMA, followed by a bullish signal. It is a Swing Setup, but aware of the immediate strong resistance zone. There are 3 trading plans for this trade: 1. Long now with little risk amount as it is a good swing setup. 2. Wait the price having more correction to the strong support...
Note: EUR/JPY follows our prediction previously. Overall, we remain bullish on this pair. We have 2 trading plan for this pair: 1. Long now or zoom into H4 chart to look for pullback and bullish signal to long. 2. We wait for pullback to the support zone again and another strong bullish signal to long with right risk amount.
Note: Overall, we are bullish on CAD/JPY. There are 2 trading plans for this pair: 1. It is a Swing Setup, price pullback nicely to the support zone and 20-EMA. We see bullish signal bounce back from 20-EMA and Support Zone. A good signal to long now. Alternatively, can wait for pullback again and another bullish signal for confirmation to long. 2. If a 2B...
Note: AUD/JPY didn't follow what we plan last week, so we didn't trade this pair. Now, we are bearish on this pair. There are 3 trading plans for this trade: 1. Wait for price correction near the resistance zone near 86.2x level, followed by a bearish signal to short. We can short with right risk amount. But the chance of the price correction to this level...
EURJPY has been in a bullish trend for quite a long time (150MA above 200MA). On 16th Dec the pair failed to set a new high and since it has been setting lower highs. As shown on the graph, support was broken and tested (support became resistance). Price below MAs, unable to get above them, 200MA crossed 150MA on 1h chart Fundamentals: high x/JPY pairs hurt...