Double bottom is a sign that USDJPY is being supported. If breaks out 114.80 resistance, it potentially goes upside.
USD/JPY 113.78 Market managed to hit below 112.50 yesterday in a sign that market may have another dip toward 111.50-60 zone before resume the rebound correction toward 115.10 zone short-run still showing ability to continue trading zone between 111.00 – 115.10 , while below 111.00 expect 110.00 zone and below Support Resistance Level...
FX:USDJPY CYPHER: Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD Safe Trades; open.spotify.com
in 4H USDJPY Will rise to 114.600 and this will be our tp So its long HOPE FOR BEST :)
A Buy signal triggered, Profit Zone is highlighted in green, and the Stop Loss Zone is highlighted in red on the chart
Its long trend now , i think we will see little wave @113.30 but in small time it will be on wave trend after we can go another long HAPPY TRADE FOR ALL
AWSOME exactly in my idea VERY GOOD FOR NOW i think it will be in short to 110 after will go long huge antil 117
Good afternoon dear colleagues, investors and traders. Your attention is fundamentally - technical analysis #USDJPY "The foundation of the former, the momentum of the other" In the previous week the currency pair continued trading range, a number of factors causing the behavior. First data from the US showed good growth of GDP, in particular the revised data,...
Bullish cypher with double bottom on $USDJPY pair with a nice retracement on 31.8 fibonacci. A possible long to the 115 level.
Wait for retracement to buy the dip USDJPY
USDJPY is coming off of a Major Support Level. I'm looking to buy a pullback in anticipation of the market correction. It has broken and closed above previous resistance and if it can pullback into my reversal area I will look to enter long. I will have to enter long at or below the Purple Line which represents a 1 to 1 Risk to Reward. Stops - 1 ATR Below the...
FX:USDJPY Safe Trades;
Fundamentals:- Fundamentals:- There is still the divergence between the two central banks where the BoJ are willing to do anything to get inflation back up to 2% and the US FED are in a rate rising cycle. The JPY is being used as a safe haven currency and can strengthen at any risk off point in the market. We still expect a correction in the USD/JPY throughout the...
This trade analysis is part of my diary. Please let me know if it was helful but also your suggestion for improvements Daily Pivot points: Price is below Monthly and Weekly central Support/Resistance:price sitting at support,resistance is above at around 114.350 EMA: Price below 21, 55 EMA 200 bearish Trend: Down Structure: LL,LH,LL,LH waiting for HL...