OANDA:USDJPY yesterday also did not really change too much, with a slight decrease in sideways. However, the downtrend of the H4 chart is showing a quite positive signal, the price continues to move below the Trend. +Currently expect the price to increase slightly near the trend zone then continue to decrease at the resistance levels at 146.5-146.7 Wish you...
Good afternoon, I hope everyone had a great weekend and previous trading week. Here I present a premarket forecast for UJ for this trading week. Last trading week UJ was bullish, breaking a key daily supply/demand area @142.118. Toward the end of the week, price reversed and closed below the same daily area of supply/demand @142.118. Price rejected at a key 4hr...
UJ hit the daily high level of 137.777 early this morning before taking a big leap down to 135.400 area. Currently looking for price to touch and resist the next supply located in the 137.000 area. Once price rises and rejects this area of 137/000, it will be in your best interest to take a sell if you have a similar set up. Will this be a short term bear cycle or...
he USD/JPY is among the major currency pairs to watch this week, thanks to the yen’s heightened volatility in recent times and the fact we have some key economic data from the US this week. • Yen drops as risk sentiment improves • USD/JPY could resume lower on falling rates expectations • Core PCE among key data releases to watch USD/JPY bounces back as risk...
I Marked up USDJPY, using technical analysis only with no indicators whatsoever. This analysis can be used to analyzed any market. this setup is Technical analysis in its purest form. Follow for more
This pair may resume its uptrend when this potential ending diagonal ends with a Risk to Reward Ratio of 1:7 (risk abt. 100 pips and reward of abt. 799 pips). #elliottwaveforecast @marketpainterPH
We are back with UJ after a crazy week in the market, now we see that right now we are in a box of consolidation and we are waiting for an actual direction to trade. We see it’s been in a downtrend for a while but things do look to be slowing down and the buyers are making their presence. So for right now we should wait and see exactly where this will go. What...
Confluences listed: 1: Trendline breakout and close on the Daily timeframe 2: Change in market structure and new low has been formed 3: Break and close below support around the 113.3** area 4: Double Top Pattern Formation Summary: Entry will be taken during the NY session. The trade has a potential RR of 2: 1 or more, depending on how deep the pull back is next...
Hey tradomaniacs, good opportunity here to catch the current bottom as price seems to try to rise from here. So far good absorption seen and I expect more continuation to the upside. Manage aggressively!
Hey guys, as I`m still unable to trade currently I just share some of my views and plans for you. USD/JPY could fall drastically with falling yields as USD would be under pressure while JPY gets its benefits! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Hey tradomaniacs, welcome to a new free trading-setup. USD/JPY: Daytrade-Preparation Notice: Waiting for break of neck-zone and trendline. Volume, momentum and volatility has to confirm before we place a sell-order. Market-Sell: 106,325 Stop-Loss: 106,620 Target 1: 106,015 Target 2: 105,850 Target 3: 105,700 Stop-Loss: 30 pips Risk: 0,5 % - 1% ...
As we can see, the moving averages are lined up nicely for a buy. Whenever the smallest moving average is on the bottom and so on and so fourth, it tends to indicate that the market is signaling a reversal to the upside. Just bored, on this Sunday morning so I'm trying to give my bias. Hopefully someone has a takeaway from this idea.
Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Type: Day-Swingtrade Market Buy: 109,000 Stop-Loss: 108,470 Target 1: 109,380 Target 2: 109,840 Target 3: 110,200 Stop-Loss: 53 pips Risk: 1-2% Risk-Reward: 2,30 LEAVE A LIKE...
FX:USDJPY So After the yesterday news party popper, UJ still showing bearish signs , you can either wait for break or enter with the Stoploss