Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 145.500 zone, USDJPY was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the trend at 145.500 support and resistance zone. Trade safe, Joe.
Hey Traders, in today’s trading session we are monitoring EURJPY for a buying opportunity around 157.400 zone, EURJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 157.400 support and resistance zone. Trade safe, Joe.
A multi-month bearish divergence has formed on the EUR/JPY daily chart. And whilst the trend remains bullish, it has made harder work of gains in recent months whilst the bearish divergence formed. There's also reason to suspect BOJ members are getting read to increase their verbal warning shits, with one member yesterday remining traders that they are watching...
View On USDJPY (31 Aug 2023) UJ is in * Neutral in short term (Intraweek) * Uptrend in Mid term (Intramonth) * Uptrend in Long term (Last 3 months) Follow our bullish call on UJ toward 144 on the last 1 Aug? Congrats Now, we are seeing some possible side way/ slightly bearish swing as the market is getting over bought. It shall retest back down to 144.5~144...
I write to you today with concern and urgency as the gold market takes an unprecedented turn. In recent weeks, gold has reached record highs against the Japanese Yen (JPY), potentially defying the US Dollar (USD) dominance. This unexpected development calls for immediate attention and careful consideration, as it could have significant implications for traders...
Hello 500 bros! I have a idea of GBPJPY: - Buy limit with entry: 183.8x - TP on chart ------ Happy trading!
NZDJPY is trading in a long term bullish trend. After setting a new high, the market retraced to a major rising trend line. The price formed a cup and handle pattern, bounced, violated a resistance line of a falling wedge pattern and closed above a horizontal neckline. Feels like, bullish trend will continue. Goals: 87.77 / 88.28 ❤️Please, support my work...
USD/JPY has continued to defy gravity despite the growing threat of verbal (or actual) yen intervention by the MOF/BOJ. Yet the higher and faster it rises, so does the threat of intervention. You can see what impact it had on USD/JPY from the large bearish candle that formed on 23 October 2022, where the initial break above 150 was then met with a swift move lower...
Focusing on the return towards the weekly support at this point. There is a clear rejection from here so I will look to short from this zone.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDJPY has been overall bearish trading inside the falling channel in red, and it is currently approaching around the upper trendline. Moreover, the zone 87.5 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for trend-following sell setups ...
USDJPY is currently consolidating within a horizontal range. Taking into consideration the fact, that the pair is trading in a long-term bullish trend, probabilities are high that the market will resume the growth soon. Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range. A bullish continuation...
Details on chart - looking to continue seeing buys on GJ with Pound having a lot more strength compared to the Yen.
Last week USDJPY posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may have another green week. It is also the case that a green Heiken Ashi candle posted on the daily time frame after a red candle. This suggests to me that this could be the beginning of a muli-day bull run.
NIK225 - 24h expiry Short term momentum is bullish. There is no indication that the rally is coming to an end. 32240 has been pivotal. A break of the recent high at 32240 should result in a further move higher. The primary trend remains bullish. We look to Buy a break of 32266 (stop at 32086) Our profit targets will be 32716 and 32816 Resistance: 32240...
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 93.600 zone, AUDJPY is trading is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 93.600 support and resistance zone. Trade safe, Joe.
UJ honestly i don't have a huge amount to say about this pair or about this range, if you have looked over our other USD related pairs you will know the story by now. A news range with honestly a poor structure overall, liquid has built higher and lower meaning we may push up then shift lower, as you can see we have a reverse of our other USD pairs as in this...
Starting off our week as per with GJ! Now last week left the market in abit of an open space with very large ranges and lots of imbalance to fill, the main reasons for this is that we had the Jackson hole news event which has directly shifted a lot of our pairs directions and narrative. Its important to not the time of the year we are in right now, we have just...
• BOJ/FED clear and wide divergence comes in play again reflecting on the exchange rate which closed above 146 on Friday • There is a steep and intact ascending channel giving the bulls the upper hand currently • There is no significant resistance level until the yearly highs around 152 and the psychological level at 150