Business as usual -if market condition remain the same? we are hoping to see AJ decline a little more
UJ is still the most strongest and powerful - make no mistake people
Since it didn't break the bottom on Friday dump, I am long until it makes new lows which would likely get more follow on the short side
Despite the bullish trend on the bigger time frames, price is finnaly coming down for a pull back. This can be seen with the overall downtrend in intraday hourly charts and Im playing the downward selling momentum behind it Expected Price Target 121.00
UJ : Reversal on cards for 4 th time or a breakdown from this trendline ...Keep a close watch
USDJPY_March2015_Technical_Analysis Due to recent good released NFP data in the USA,the JPY jumping up to highest level. Good NFP data maybe plays not here a really big roll for a weaker JPY at the moment, but the intention of the BoJ to put further stimulus during this year, for the oil prices have been dramatically fallen therefore a 2% inflation target is...
AB=CD completion below the .786 level which gives us the bottom of the PRZ. 1.618 BC and .786 XA aligning. TP1 - 119.610 TP2 - 119.850 Thats all, folks.
A narrow PRZ (Potential Reversal Zone) Equivalent AB=CD within it. SL - 120.550 TP1 (.382 of the AD move) - 119.440 TP2 (.618 of the AD move) - 118.960 Thats all, folks.
Andrews pitchfork showing probably path of price going further for usdjpy
Throughout the day we see a view exhibits strong yen . Poor performance of US retail sales of USD / JPY has been supported in print . However, the rest of the day can be expected to be effective together under downward pressure level of 117.20 . Possible break of the 116.10 level sales in one, next key support point may cause the targeted level with 115.40 . With...
NFP may lead to some stop hunting therefore I expect price to went to the important trendline around 117.3. After that we will see an upmove at least to 121.8.
This is evident on the Daily TF as well. If the price makes it back to the neckline, I truly feel this will be a make or break level for the pair... If price breaks below the neckline I will be scalping short but very cautious of bounces as we have seen lots of buyers around this level. I do believe this will at least make it to the neckline. The peak of the...
If this flag develops the red line will be the target for Uj then :)