USDJPY has reached below the trend line after reaching the lower support level 104.400 we can expect 105.00 and we can expect downward trend towards 103.500
USDJPY Was bounced after touching the trend line which is acting as both support and resistance level. The main support level comes around 105.100 level which is a completion of ii Elliot wave and the starting point of iii Elliot wave. In between this iii Elliot wave we can expect some minor Elliot impulse waves from 1-5.The price is currently trading parallel to...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDJPY 4H-TIMEFRAME ANALYSIS 💡 Hello ladies and gentlemen This is my new idea for USDJPY My idea is that the pair will continue to uptrend Targets are between 106.9 107.5 I hope my idea is clear Support me by like and share Good luck 💰💯
USDJPY Because of the negative risk sentiment YEN crosses are catching major bid against major pairs. As the United states of America president Mr. Donald Trump has tested positive of COVID-19 which is triggered the panic across the board and investors flight in to the safety. After the Mr. President tweet USDJPY felled almost 60 pips and the price is just under...
Watch price action on lower time frames for long, I'm on buy since 104.600, agressive dollar will come off soon first target 106.100 2 target 109.200 good luck everyone
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USDJPY has recently crossed the 50EMA meaning the start of a new trend on the 4HR Chart & is in a level of structure support that has been a major level of structure for this pair multiple times in the past. So, for this week, I will be looking for possible long trades out of this pair from our Monthly Support Zone. Support Area (Brown Zone) = (98.900-107.180)
** JUST AN IDEA. NOT A SIGNAL ** I look to see a bullish behaviour from the trade to about 107.420. Momentum has been lost over the few days however we can see a pattern is forming. Thanks for viewing! Please support this idea by liking and leave any comments you wish ✨ Feel free to support us with a follow or join us for free on telegram...
According to my observations, it is evident that this pair is hitting a strong resistance point. That being said, i am waiting for the break of the lower level of consolidation zone. Once i see there is a break/ retest of said level, i will enter while placing a stop at the top of the consolidation zone. If prcice breaks the upper consolidation for a continued...
USDJPY BEARISH TWO OPTIONS. Please leave a follow and like if you find it useful and I will keep posting for you guys!
USD/JPY struggled to make a strong impulse to the upside and right now it looks like we will be reaching back towards 107.00 level.
Disclaimer:- This is not a signal just a reference and educational analysis for knowledge purposes.
Wait for the close of H4 candlestick above trendline so you can take fantastic long trade with nice risk to reward and probabilities for a nice push to the upside.
Price struggled around the area of 107.00 where it found strong support exactly at 0.50 Fibonacci retracement level. After that, we expect re-high of the price as it changed the trend from bearish to bullish.
USD/JPY looks bullish after daily close above the key level. We should see a further upward movement.
This was signal posted to our Vip Group yesterday and look at this now, both targets profits hit.