Hey Traders, in this week we are monitoring USDJPY for a buying opportunity around 145.500 zone, USDJPY is trading in an uptrend and correction phase in which it is approaching the trend at 145.500 support and resistance zone. Trade safe, Joe.
Hello There! Welcome to my analysis about CADJPY on the 6-hour timeframe perspectives. Within the recent times CADJPY is forming a important formation that is likely to convert into a major bearish breakout to emerge in the next upcoming times especially when huge bearish volumes move in here and accelerate the trend-turning-dynamics to the downside this is a...
-SL @ 150.00 🚫 SLO @ 148.90 (conservative) ⏳ SSO @ 147.75 (moderate) ⏳ TP1 @ 142.66 (shaving 25%) TP2 @ 139.15 (shaving 25%) TP3 @ 136.60 (shaving 25%) TP4 @ 132.60 (closing ALL Sell Orders) BLO @ 129.33 (1D) ⏳ -SL @ 128.25 🚫 ADDITIONAL INFO: 📈 Price Action is nearing our SLO. Just a few more pips to the upside, our SLO will trigger, and it's off to the bank...
Sell NZDJPY Channel Sell Nzd/Jpy @ 86.75 Tp - 86.20 Sl - 87.00 Its Good chance to sell Now Thank you
Good day, Trader. We'll be keeping an eye on USDJPY. Even though the 4-hour timescale clearly shows a bullish continuation pattern, I like to be careful. Before going long, I will patiently wait for price to break out of and retest the 1.46.643 zone, and before considering selling USDJPY, I will be anticipating price to totally take out the 145.953 zone. Recall...
We are going to be watching GBPJPY for possible long from 184.00 zone to 186.60 zone . Apply proper risk management and wait for bullish confirmation before placing your order . LIKE AND FOLLOW TO SUPPORT MY WORK
This summer, quiet markets favored the carry trade. Popular funding currencies here are still the JPY and the CNY. The carry trade involves borrowing low-interest currency and investing in high-interest currency to profit from interest rate differential and exchange rate movements. Traders often use JPY and CNY as funding currencies due to their low-interest...
Dear traders, Daily Market close above the previous key label Hourly we have 2 expectation We are expecting bullish breakout of this this key label. After the confirmation we will take the trade to the up side . If market does not break the key label......After the confirmation we will take trade to the down side
Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ EURUSD daily time frame 🇪🇺🇺🇸 The market is currently trying to break a solid rising trend line. Its breakout – a daily candle close below will be a strong bearish signal and will most likely push the prices lower. 2️⃣ AUDUSD daily time frame 🇦🇺🇺🇸 AUDUSD is trading in a bearish...
Possibilities of dollar movement can cause such a scenario. Pay attention to the lines to be fielded and trigger from the scenario
Update for NZDJPY. The price formed an ascending triangle formation on a 4h time frame. To buy with a confirmation, wait for a bullish breakout of 0.8707 - a neckline of a triangle. 4H candle close above that will confirm a violation. A bullish continuation will be expected to 0.8746 / 0.877 ❤️Please, support my work with like, thank you!❤️
Interest rates are to asset prices, like what gravity is to an apple, once said Warren Buffet. Low interest rates imply low gravitational pull to asset prices. Similarly, a loose interest regime when faced-off against a fierce monetary stance, can send the former currency deflating at an alarming clip. This paper peeks into the Japanese macro environment. It...
It's been almost 2 months since we looked into the USDJPY pair (see chart below) and our buy position right at the bottom of the Channel Up that easily hit its 144.500 target: The pattern is still holding and the price appears to be starting the final upward leg before it tests the top (Higher Highs trend-line) of the pattern. As a result, as long as the 1D...
The Japanese yen weakness persists despite the US dollar retracement. As the price breakout of the brief consolidation and trades below the resistance level of 146.50, look for a breakout above the resistance level to signal further upside, with the next major resistance at 147.30, the previous swing high
EURJPY is trading at the HOP level of a Bearish Butterfly while Bearishly Diverging on the MACD and printing a Bearish PPO Confirmation Circle just a few days ago as it broke the 21-day SMA. If it continues on this path, I'd expect the EURO to lose most if not all of the 2023 gains it's made against the Japanese Yen.
Starting this week off with USDJPY on Friday we saw the NFP and other red folder USD news shift this pair higher and into a bullish range, now as always we don't want to just jump into a bullish range from a bearish pair. this doesn't me we wont trade the range it just means we are going to look into a more conserved methods to enter any buys. overall this...
The price formed a V formation wich may retrace for the next S&R area. On this next week I will look for an entry around the 145.600 area to target the 146.500 area. Thanks
Hey Traders, in tomorrow’s trading session we are monitoring USDJPY for a buying opportunity around 145.500 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 145.500 support and resistance zone. Trade safe, Joe.