Long positions above control price with targets at 106.60-107.20-107.75 in extension. Hurdle: 105.20 Don't buy below the hurdle line.
Pattern: Channel Down since 2017. Signal: Sell as the price broke below the Channel's pivot (dashed line). Target: 102.000 (just above the Support line and the inner (blue) Lower Low trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
The Greenback began a downward spiral at the beginning of last week as it came under strong Bearish pressure with the souring market sentiment to Breakdown my Key level @ 106.500 later in the week. With over 125pips in our direction since my last publication on this pair (see link below for reference purposes); the scope of the USDJPY pair to extend the decline...
It was all Bears for the US Dollar especially during the latter part of last week as it continues to lose value against multiple currencies and the Yen was not left out in the gains! Breakdown of my Key level @ 107.300 last week evolved into a structure similar to AB = CD pattern with an expectation of correcting into 107.300 in anticipation of a down rally in the...
Hello traders, here is the analysis from our team : This is our buy back line. we like to see it taken out first then re buy. 107.260. Good luck today Let us know in the comment section below if you have any questions.😉
Pattern: Descending Triangle on 1D. Signal: Bullish as long as the 106.00 Support holds. Target: 108.500 (around the Lower Highs trend-line from March 24). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent USDJPY signal:
Trading with trend, break and retest. simple. Late post, members get live trades.
This was signal posted to our Vip Group yesterday and look at this now, both targets profits hit.
Buy USD/JPY Entry 1 108.484 Entry 2 108.390 Sl 108.240 Tp.1 108.890 Tp.2 109.120 Tp.3 109.480
Buy usdjpy Entry 1 109.140 Entry 2 109.000 Sl 108.900 Tp.1 109.354 Tp.2 109.475 Tp.3 109.670
Pattern: 1D Channel Up. Signal: Bullish as the price found support on the 1D MA50 making a Higher Low within the pattern. Target: 109.800 (the Lower High on the 2019 Descending Triangle). *note: if the Golden Cross (1D) takes place you may extend buying up to 111.800 as it happened in July 2018). If the Golden Cross fails to form, abort as another sharp decline...
Look at the Fibo level s and resistance. Strong resistance which is tested couple of times but couldn't break. 200EMA & Bollinger bands working as a resistance too and UJ is overbought situation as well. In the mean time "W" pattern was formed in the chart and price starting to bearish movement. Note: Trade at your own risk. We are providing free forex...
Pattern: 1D Channel Up. Signal: Bullish as the price is rebounding after a Higher Low. Target: 109.000 (just below the 1D Resistance) on a potential contact with the 1D MA200.
USDJPY Sell Now... Middle of the bollinger band line is crossing the 50EMA means its a starting of a bearish movement. RSI shows that when its comes down from towards to up and if its turn from the 55.33 level (red line in rsi) price will come down for certain area. It means there is a confirmation of USDJPY is good for sell now. Take profit area mentioned as...
Pattern: Descending Triangle on 1M. Signal: Bullish as the price made contact with the 1M Support Zone. Target: 109.000 (the 1D Resistance). For risk seekers, if the Golden Cross (MA50 over MA200) takes place on 1D (as seen on the chart) it can extend towards the 112.00 1W Resistance.