I'm neutral about USDJPY because I'm not sure about who will be stronger next days, dollar or yen
trendline break + retest. closure below 200+50EMA
FLAG FORMATION REPEATING ITSELF SO I AM WAITING TO GO SHORT AND MY FINAL TP WILL BE 112.500
we have a bilateral chart pattern on ujsdjpy .. these are tricky because these signals that the price move either way
Morning traders usdjpy tested pivotal level of 100 and also probed the multi year trend support after Brexit in June this year. Since then it has been undergoing a steady up move and it has also met the projected target for a double bottom formation. This pair is now closing in on a multi month descending trend near 119.50 which also happens to be the 76.4%...
Above 114 USDJPY is bullish once again !!! 114.87 USDJPY 1st support line - even buying option 114.77 USDJPY 2nd support line - even buying option 114.06 USDJPY 3rd support line - even buying option I am excepting a exhaling at the beginning of next week - after this cross-rates run away today :) I excepted an outbreak at weekstart on next trading day -...
Morning traders, the pair has broken out of the recent Trump bubble, short term the pair is likely to head lower toward the target levels; 110.9 110.2 and 109.75 wider stops recommended.. if we punch through the above, then a test of 107.90 is on the cards. Please see related ideas to notice that i called the 110 move back in August :) Your likes and...
USDJPY Short Entry @ 112.950 TP 111.000 (LONG TERM TP 108.130)
Good afternoon Traders, I hope you are all enjoying your weekend, many of you have been asking my views on the election results - seeing as I have many followers who are Trump supporters, i would like to start by congratulating you guys on the W. Marginally I thought he was the better candidate, not that I thought either were great.. in the same breathe the...
As advised yesterday USDJPY managed to jump above 102.85 where market activate farther advance that will face resistance zone for the downtrend line around 104.30-50 From that zone will expect a drop correction to hit the market toward 101.75 zone Above 104.50 market will face another resistance at 105.00-20 Support Resistance Level...
Good Morning Traders, Please check previous success with USDJPY to understand my accuracy with this pair. Next leg of dollar rally is likely to be driven by a higher usdjpy. Only a move below 104 would indicate that the current bullish phase has ended. The break increases the likelihood of continuing toward 107.25 - 108.00. This next level includes four...
I don't mind constructive criticism.
AS SEEN ON PREVIOUS MARKET ACTIVITY, PRICE HAS CONSOLIDATED A IN BEARISH FORMATION. MY IDEA IS THAT PRICE CONTINUE TO CONSOLIDATE IN THIS STRUCTURE AND WILL FALL FROM THE 102.800 PRICE LEVEL OR ON HITTING THE 103.800 LEVEL. EITHER WAY, THERE ARE A GOOD 150 PIPS PROFIT WAITING TO BE TAKE ON THE USDJPY.
Traders please see previous usdjpy signals to understand how well we have been trading this pair... it has finished the leg down to 99.5 before moving up to 110... we played the leg down, now time to enjoy the train north. all eyes on the BOJ for intervention, and September looks like it is still very much in hiking mode. congratulations to those who caught it...
Downward correction can continue for a short period. Growth tendency remains. Price is trying to remain below the level of 102.30 (23.6% correction). Short positions can be order after the level of 101.85, (descending 50% fan line, middle line of BB) is broken down. Return to AUG lows 100.68. If price rebounds from the level 102.30, it cud grow to 103.26...