on a break of 113.20 a long position could be possible. The next major resistance is at 113.75
looking for a break out of the channel at 115.8, a retest and continued bullish move.
112.867 marks the 50MA and 50% retracement of the 2015-2016 decline, moving from previous resistance to future support Trumps conference yesterday due to focus on fiscal side caused a sell off in usd, prepare positions for the next leg. Please see related ideas to see accuracy in this pair, best of luck and please thumbs up!
2 different possibilites. a test and break fail at the 113.15 zone which would send UJ bullish up to the 114.3 zone or a break below 113 with a retest from the bottom side and a bearish move down to 112. For a short position you will want to see a break of the trend line on momentum as well which would open up the bottom side for a nice 100 pip short position.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... more detailed stats (all 21 Major Cross-Rates) of 1st week 2017 @ my GOOGLE Drive drive.google.com Best regards :) Aaron
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%...
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...
USDJPY Just Buy or sell breakouts and down worry!
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...
I posted an idea earlier speculating the end of bearish movement in this pair but after trying the bottom resistance once more, we are heading the same direction we initially predicted. Am expecting upward movement at least to the channel, then we shall observe price action, if we break the trend line we are long term buyers, if not then we might head down once...
Happy Weekend Traders Market managed to break below 101.50 earlier this week where we advised that below this level more drop may hit market toward 99.00-50 zone, as we see over the char market facing resistance at 102.00 and 102.85 where as long as market holding below one of those level more drop will be expected toward 99.00-50 zone Above 102.85 market may...
Lovely time to get short on this pair, yen helicopter money ruled out and the buildup ahead of FOMC this week will both aid in this cocktail of strength for yen pairs. All eyes on BOJ towards the end of this week with their interest rate decision. Thank you for all the kind comments, I am humbled by your response - Please support with a like and comment! Trade...
We wish that our analysis could be helpful on your trades. Here is an update for USD/JPY, envisage for PRICE BREAKOUT. It would be a great idea to 106.277 on 1.41849 and place your TARGET at 106.577