Dollar-yen
EURAUD H1 - Short SetupEURAUD H1 - Second test presented itself, marginally a lower low, but still trading below that 1.65 whole number, need to set these lower low sequences for the downtrend, similarly we have some other bullish setups included in the rundown where we need to set those higher highs!
USDJPY: Update & Time to Fall!
USDJPY broke and closed below a support line of a rising wedge pattern on 4H.
the breakout is considered to be confirmed and bearish continuation is now expected.
The best place to short the pair is the local expanding area between the last higher low level and broken wedge's support.
goals:
105.1
104.8
USD_JPY STRUCUTRE ANALYSIS| TRADING PLAN
USD_JPY TRADING IN A RANGE, AIMING TO RETEST THE DIAGONAL RESISTANCE|
(1) The pair either goes up straight ahead to the resistance
(2) In which caste, long, after breakout and pullback.
(3) OR, the pair returns to retest support, then goes up to the resistance.
(4) Then a great long from levels near the support.
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USDJPY: Strong Supply Area Ahead!
hey guys,
USDJPY is approaching a major resistance cluster.
it is based on a horizontal daily structure and a falling trend line based on daily lower highs.
because the current trend is bearish, chances will be high that we will see a trend continuation from that zone.
look for confirmation and short opportunities within that on a lower time frame.
goals:
104.75
104.2
SPX to Close -3.5% off Highs; 107% of GDP is Debt..SPX to Close -3.5% off of highs while the debt to GDP ratio remains at all time highs. What a great time to have risk-management in check, and not speculate with money we can't afford to lose. If you're outlook is that we've made a true recovery, feel free to post some charts and supporting dialogue below. I would love to hear both bullish and bearish opinions of the current macroeconomic situation as of Jul ending.
USDJPY On Key Level! What's Next???
USDJPY has reached a very strong major key level.
the chances that the market will retrace from that level are very high.
to catch a bullish move pay attention to a completed head and shoulders pattern on 1H.
105.15 is its neckline. this level must be broken to the upside first,
only then we can buy the market.
initial target:
106.6
in case of a bearish violation of the head level, setup will be invalid.
My thoughts on the USDJPY and what I'm thinking aboutI don't think many people saw this coming. The USDJPY has been trending down and continues to trend down. Obviously the biggest part of this trade is the carry trade and that ultimately drives the trading pair. Nonetheless, look at the downtrend on a longer term timeframe and the lows from 2012. Would it be so crazy that the Dollar continues to depreciate to those levels vs. the Yen? I am thinking through this and watching closely.
As an equities trader in the US, I am mostly curious in what the side effects are of a stronger Yen and a weaker Dollar. Please leave your comments if you know. I will have to look at what the S&P 500 was doing in 2011/2012 when the Dollar was crashing compared to the Yen.
Strong Bullish Reversal for USD/JPYUSD/JPY is heading for a possible Bullish Reversal soon. USD/JPY is heading towards a Strong Resistance Zone and Bollinger Bands along with RSI are approaching close to an Over-Sold Market. Lookout for a possible Reversal!
What do you think about my idea? Do you agree or disagree? Let me know in the comments!
Much love,
- ALPHALICIOUS
Disclaimer: This is my personal opinion of the current market. I am not responsible for any trades that you may execute. Please use your own analysis and research before you execute any trades and use proper risk management. Thank you!
USD/JPY Bullish View by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Daily Support Zone.
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🔸It has broken the Descending Trendline.
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🔸We are waiting for a breakout of the structure and the lower timeframe Resistance Zone, before considering long positions.
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🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
Short AUDJPYHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the price has hit its Resistance. One can take a sell trade till its support.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
USDJPY Inverted Head and Shoulder Pattern For Long.USDJPY has formed an inverted head and shoulder pattern, which indicates that we might see upside movement in USDJPY. According to chart pattern analysis, Long side Trade can be initiate at the current level with proper risk management and stop loss.
Thank You
USDJPY STRUCTURE LONG|RISK-REWARD 2:1|
The pair has broken out of the long term diagonal resistance, and has successfully retested it.
Now, it is moving along the diagonal support line, aiming to retest the horizontal resistance.
There is a relatively weak resistance in the red, that the price is in right now, so the probability is less than 50%, but the risk reward is 2:1 so go with 0.7% of the deposit.
here is what it looks like on 1H
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EURJPY Trading In Rising Channel.EURJPY is trading in rising channel pattern. According to chart pattern analysis, we might see upside movement on EURJPY towards resistance, as shown in the chart. We might see price trading in channel pattern for some more time. One can initiate short term long side trade in EURJPY with proper risk management and stop-loss.
Thank You.