Salam and hi my name is Khalid Hamid. USD Index is showing a reversal, thus USD pairs might go down too (including USDJPY). Early sign is there but still need to wait for a STRONG BREAKOUT signal to the downside. Watch the video to understand. ;-) Tomorrow is NFP and few other high impact data release so please be careful with your trades. Good luck and...
USDJPY - BULLISH - Looking For Support to Hold Then Cont to 113 Watch Video For Details
USDJPY: BULLISH TP - 113.000 - INTRA 300 PIP MOVE #Forex #FxProNow UJ still has a clean bullish Uptrend Price Must Not Pass - 110.8 To keep Its Trend on the Lower TF BUT... If it does then I see price pushing to 50% retracement. 110.300 Then continue its way to Push to 113.000 @ -27%
USDJPY - BEARISH - Intraday Pullback to $109.8 - 100 Pips #Forex On the H4 TF from Point A - $113.6 to Point B $106.8 We are now at 61.8% and see resistance. (111.000) I am looking for that resistance to be held for now and for price to have a small retrace for the H1 TF seen clearly on the H4 TF. Pulling out my fibs on the H4 TF from the last HL to the HH and...
USDJPY - BULLISH - SWING TO 114 #Forex #FxProNow We obviously see that the last major push to the downside was just a retrace. So with the consistent uptrend, I will keep it as so... Going with it... 114 is my TP the level of resistance!
USDJPY - Up or Down? Nothing Clear yet for Higher TF #Forex I am still unsure whether this is supposed to be a retracement of the broken structure on the Daily or a continuation of trend... After this area is broken... Support or Resistance is when I will make my decision and stick with that one through the trend.
So price decided to continue to the upside on this retracement... Using Fibs on the Daily I see price getting to at least 61.8... BUT then what after that is the main thing... Long Term I am still bearish... We will see...
UJ has finally made a REAL LH on the Daily TF... Now price has ever right to continue its way to the downside... We will see if price will hold this level of Resistance or break through to 50% or higher (which I doubt... we will see) I see this holding this as a level of resistance then continuing to -27% Sub $100
UJ has had an interesting retracement. I was thinking that the retracement was done and the bears would have continued but the bulls still have some fight. Watch this analysis for full details.
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
USDJPY Multiple Time Frame Analysis showing weekly chart (top left), daily chart (top right), 240 min (bottom left), 60 min (bottom right). At the moment finding support around 105 with a falling wedge developing on the daily chart. Looking for upside as the wedge formation completes and price works its way back above the short term moving averages. Notice that...
In this video analysis I made a quick look on USDJPY. Currently on H4 chart we may spot that Price has tested the Major Support zone for 4 times and got rejected, we also may spot an uncompleted Inverse H&Sh pattern. But on H1 TF Price is consolidating on a descending channel, once price consolidates on descending channel high probability that Price will push up...
Bearish USD sentiment continues to grow, but look for reversal opportunity to buy this pair for long term as the price action is slowing down on lower time frame. Good luck!