Type : Bullish Rise Resistance : 0.0079195 Pivot: 0.0076525 1st Support : 0.0074905 2nd Support: 0.0074080 Preferred Case: On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 0.0076525 where the swing high resistance and 61.8% fibonacci retracement are. Once there is upside confirmation of price...
Title: JAPANESE YEN FUTURES ( 6J1! ), H4 Potential for Bearish Momentum Type : Bullish Momentum Resistance : 0.007487 Pivot:0.007400 Support : 0.007309 Preferred Case: On the H4, with price moving above the ichimoku cloud and in an ascending trend channel and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the...
Title: JAPANESE YEN FUTURES (6J1!), H4 Potential for Bearish Momentum Type : Bullish Momentum Resistance : 0.007487 Pivot:0.007400 Support : 0.007309 Preferred Case: On the H4, with price moving above the ichimoku cloud and in an ascending trend channel and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot...
Type : Bearish Momentum Resistance : 136.42 Pivot: 135.00 Support : 133.53 Preferred Case: On the H4, since price has broken out of an ascending trendline and is moving below the ichimoku indicator, we have a bearish bias that price will drop from the pivot at 135.00 where the pullback resistance is to 1st support at 133.53 in line with swing low support, 61.8%...
Type : Bearish Momentum Resistance : 137.22 Pivot: 136.44 Support : 134.06 Preferred Case: On the H4, with price moving below the ichimoku indicator and has broken the ascending trendline, we have a bearish bias that price will rise and drop from the pivot at 136.44 where the pullback resistance, 78.6% fibonacci projection and 38.2% fibonacci retracement are to...
Type : Bearish Momentum Resistance : 137.22 Pivot: 136.44 Support : 134.06 Preferred Case: On the H4, with price moving below the ichimoku indicator and has broken the ascending trendline, we have a bearish bias that price will rise and drop from the pivot at 136.44 where the pullback resistance, 78.6% fibonacci projection and 38.2% fibonacci retracement are to...
Type : Bearish Momentum Resistance : 137.22 Pivot: 136.44 Support : 134.06 Preferred Case: On the H4, with price moving below the ichimoku indicator and has broken the ascending trendline, we have a bearish bias that price will rise and drop from the pivot at 136.44 where the pullback resistance, 100% fibonacci projection and 38.2% fibonacci retracement are to...
Type : Bullish Rise Resistance : 138.73 Pivot: 137.22 Support : 136.38 Preferred Case: On the H4, with prices moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that price will rise from the pivot at 137.22 in line with the pullback support to the 1st resistance at 138.73 where the swing high resistance and 61.8%...
Type : Bullish Rise Resistance : 138.73 Pivot: 137.22 Support : 136.38 Preferred Case: On the H4, with prices moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that price will rise from the pivot at 137.22 in line with the pullback support to the 1st resistance at 138.73 where the swing high resistance and 61.8%...
Type : Bullish Rise Resistance : 138.78 Pivot: 137.22 Support : 136.44 Preferred Case: On the H4, with prices moving above the ichimoku cloud and within the ascending channel , we have a bullish bias that price will rise from the pivot at 137.22 in line with the pullback support and 61.8% fibonacci projection to the 1st resistance at 138.78 where the swing high...
Type : Bullish Rise Resistance : 138.78 Pivot: 137.22 Support : 136.44 Preferred Case: On the H4, with prices moving above the ichimoku cloud and within the ascending channel, we have a bullish bias that price will rise from the pivot at 137.22 in line with the pullback support and 61.8% fibonacci projection to the 1st resistance at 138.78 where the swing high...
On the H4, with price moving below the ichimoku cloud and in a descending trend channel and trendline, we have a bearish bias that price will continue to drop from the pivot at 0.007296 in line with the pullback resistance, 61.8% fibonacci projection and -27.2% fibonacci expansion to the 1st support at 0.007126 in line with the -61.8% fibonacci expansion and 100%...
Type : Bearish Momentum Resistance : 0.0073705 Pivot: 0.0073385 Support : 0.0072935 Preferred Case: On the H4, with price moving below the ichimoku cloud and along the descending trendline, we have a bearish bias that price will rise and drop from the pivot at 0.0073385 in line with the pullback resistance to the 1st support at 0.0072935 where the swing low...
On the H4, with price recently breaking the descending trendline and moving above the ichimoku cloud , we have a bullish bias that price will continue to rise from the pivot at 0.007372 at the swing low in line with the 61.8% fibonacci projections to the 1st resistance at 0.007489 at the swing high in line with the 23.6% fibonacci retracement and 100% fibonacci...
Hey traders today I wanted to go over the best Seasonal Patterns in the Japanese Yen Futures or USD/JPY in the Forex Market. The Japanese Yen Futures follows an annual seasonal pattern also correlated with other markets including stocks and bonds. Also the Bank of Japan can heavily influence this market. Knowing when to find these seasonal market patterns on...
YEN Futures recently a 20 year low. It has just below also hit a long term 1:0.618 taking the 3 waves from the top. Considering the significance of the low it should at least have a strong automatic rally and as shorts cover their positions. But it may also go on a real rally, perhaps even an enormous rally. Fibs on the chart - a 0.5 retracement from the top...
On the H4, with price recently breaking the descending trendline and moving above the ichimoku cloud, we have a bullish bias that price will continue to rise from the pivot at 0.007372 at the swing low in line with the 61.8% fibonacci projections to the 1st resistance at 0.007489 at the swing high in line with the 23.6% fibonacci retracement and 100% fibonacci...
Type : Bearish Momentum Resistance : 0.0074895 Pivot: 0.0074195 Support : 0.0073570 Preferred Case: On the H4, with price moving below the ichimoku cloud and along a descending trendline, we have a bearish bias that price will rise and drop from the pivot at 0.0074195 in line with the pullback resistance to the 1st support at 0.0073570 in line with the 100%...