SLO @ 88.50 TP1 @ 82.85 (shaving 25%) TP2 @ 78.00 (shaving 25%) TP3 @ 74.50 (shaving 25%) TP4 @ 69.00 (closing ALL Sell Orders)
This is my prediction for NZD JPY, in the short term I'm waiting for a pullback then I expect the price to jump. Let's see how the market reacts in the upcoming days. Trade carefully! Remember: Take some profits if the trade is going as planned and manage your trade.
Thank you, Japan. You were so generous. But anyways, here comes the hard pivot.
Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 174.700 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 174.700 support zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 150 zone, EURJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 150 support and resistance zone. Trade safe, Joe.
USDJPY SHORT 06/08/2023 Currently at Supply Zone. Still waiting or a confirmation to enter. A big chance to make a Bullish divergence.
NZDJPY - 24h expiry - We look to Buy at 84.50 (stop at 84.05) Previous support located at 84.41. Previous resistance located at 85.00. Price action looks to be forming a bottom. Further upside is expected. Dips continue to attract buyers. Our profit targets will be 85.60 and 85.80 Resistance: 85.00 / 85.41 / 85.86 Support: 84.50 / 84.25 / 83.50 Risk...
SLO2 @ 94.15 ⏳ SLO1 @ 93.60 ⏳ SSO @ 93.00 ⏳ TP1 @ 89.15 (shaving 25%) TP2 @ 82.00 (shaving 25%) TP3 @ 77.33 (shaving 25%) TP4 @ 73.25 (shaving 25%) TP5 @ 69.00 (closing ALL Buy Orders) BLO1 @ 67.00 ⏳ BLO2 @ 62.15 ⏳
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 138.900 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 138.9 support and resistance zone. Trade safe, Joe.
Yo guys I'm back. I focus on gbpjpy & usdjpy On the Weekly & daily timeframe I'm bullish, I just follow the daily structure. We see a lot of wicks to the downside and on the 4h timeframe we hit our support level. I always use 2 Charts (left chart for overall direction on higher timeframes and on the right chart 30-min timeframe for entries.
2023-2024 Exchange Rate Forecasts From MUFG Japanese Yen: Long-Term Pressure for Yen Gains As far as the yen is concerned, the Bank of Japan has continued to resist policy tightening, but MUFG suspects that the position could change very quickly. It notes; “We suspect the BoJ could pivot quickly and alter YCC without much warning.” The bank also expects...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURJPY has been overall bullish trading inside the red rising broadening wedge pattern, however it is currently approaching the upper red trendline. Moreover, the blue zone 150.0 is a strong round number. 🏹 So the highlighted purple circle is a strong area to look for...
The CHFJPY pair had a strong 5 week rally since our last buy call (see chart below) on April 28: Our final bullish target remains 159.000, which will make a perfect contact with the Higher Highs trend-line since January. But given the fact that the 1W MA50 (red trend-line) has been tested twice this year, we expect a stronger rejection this time and decline...
Details on chart - looking to see continued HH's being printed
USDJPY SHORT 06/07/2023 USDJPY Formed a hidden bearish divergence. Volume profile Previous day value area high aligns with equilibrium at 139.650.
Today's focus: JPY AUDJPY GBPJPY Pattern – Fade Resistance holds Possible targets – AUDJPY 92.50/92.30 GBPJPY 173.39/172.95 Support – AUDJPY 92.30 GBPJPY 173.15 Resistance – AUDJPY 93.30 GBPJPY 174.20 Today’s update focuses on JPY strength, that we have seen picking up since yesterday’s US session. We have looked at the AUDJPY and GBPJPY in detail. Are we seeing...
After price broke structure on the 4h to the downside, this gave us a hint of the first move of the potential retracement to the downside. Price then formed a double bottom(liquidity) that price could target on its way down. Price as currently formed an inducement just below an identified supply zone that it could use to fuel its move down.
The USDJPY has been trading strongly to the upside since early May with no significant corrective move to the downside. Now, with the 50MA again crossing below the 200MA and price action showing bearish momentum, look for the USDJPY to break below the 138.75 support level formed last Friday. Along with a downward movement on the RSI, if the USDJPY breaks below...