USDJPY setting up for Head and Shoulders breakThe dollar yen looks to have formed a H&S pattern from top of recent range
Scenario A) Neckline is broken and targets 107, bottom of the LT range
Scenario B) Neckline holds / false break
Dollaryen
7 - USD/JPY - September FREE SignalsUSD/JPY labeled in an ABC bearish correction, where wave B presents a Double Three within an Expanded Flat.
Expecting a sell-off and YEN strength.
USDJPY Enters Bearish TerritoryExpecting lower highs for this pair from this point onward until it reaches 95. Ha!
Happy Trading, folks!
Cheers!
USD/JPY - Coming week will be important for this pairHello everyone! Today wanna share with you my idea about USD JPY . Is moving from 1 month inside a triangle , now looks like is ready to break it , EMA 200 in 4h it's an important tool in my opinion , in this case acted as resistance around 111 zone so the possibilities for this pair are higher for a downside break by the way will wait for a strong and solid breakout! Take an eye on it for this week , this is in my watchlist of the week!
Let me know in the comments what you think about that!
Part 5 - Risk-off August - USD/JPY DailyUSD/JPY – Daily Resistance & Support:
Resistance: 112.00 / 113.00 / 114.50 / 118.00 / 124.00
Support: 110.00 / 108.00 / 107.00
USD/JPY – Summary:
Expected to continue with the Bearish Correction which could complete at or around 110.00 Levels, but could also reach 108.00 Levels
Bullish Impulse expected at or around the 110.00 or 108.00 Levels
USDJPY Gunning Towards The TopA backtest of the monthly trendline has completed. Now we're seeing this pair aiming to retest the high for a potential double top @ 112.500.
Happy Trading, folks!
Cheers!
This Is The Flag That Will Decide The Fate Of USDJPY!USDJPY recently broke out of a large structure on the daily and weekly time frame. The current structure formation on the H4 time frame is what I have been waiting for. This is the second wave of this structure which should complete at around the 78% retracement level from the previous high. I then expect to see wave three to the downside where I will then be looking for the start of the big move up! We could see a break after 3 waves complete or 5 waves complete but should this flag break to the upside, there are huge targets!
Contact me via direct message for any assistance required
Happy trading!
Linton
USDJPY Technical Crossroads: Will it Break Higher?President Trump threatened a government shutdown should Congress fail to pass the bill for wall at the Mexican boarder and change immigration laws to merit points. We have not seen a significant reaction to these comments that were made on Sunday but we are noting a weaker USD against a basket of currencies.
USDJPY reached its 4hr resistance, which was tested following the recent 4hr close. Rather than attempting a short trade in the currency pair, a 4hr close above the resistance may pave the way for further gains towards 111.35. The technical analysis is a fairly classic breakout strategy which may take some time to materialize.
The Bank of Japan (BOJ) monetary policy is scheduled to be held during the Asian session, which may trigger some volatility in JPY pairs and crosses in the Forex market. Many wonder whether the BOJ will begin layering its plans for exiting the current Quantitative Easing (QE) program as it was hinted on several occasions in the past.
Do not that this is a strictly short-term strategy, which is not aimed to target hundreds of pips.
usdjpy short opportunitydo i really even need to explain that you have to short usdxxx pairs right now? this opportunity is at the perfect point to sell right now with the retest and large bearish candle on price action.
set stop above the .382 fib level and tp at the next support zone approx. 200 pips potential
A Closer Look At USDJPYTwo days ago USDJPY broke above major trendline and have pushed higher since. Also mentioned a week ago that this pair was still bullish on a lower time frame. Though at this point anybody can look at this chart and say it's super bullish, however, in my opinion, not only is it near key resistance level of 112.50, there's also a divergence on both MACD and RSI. In addition to that, if you're Elliot Wave fanatic then you'd agree that we are looking at wave count number 5. We'll see!
Happy Trading, folks!
Cheers!
usdjpy long opusdjpy could continue to the upside if we see a push past this monthly resistance. if it closes above the line, wait for a second retest, bullish engulfing candle close, and then enjoy the ride on the rocketship all the way to the moon.
USDJPY Breaks Above Major ResistanceHere we look at the USDJPY daily chart, and although it appears to have broken above the trendline, the RSI reading did not. The daily bullish candle could be an exhaustion bar, or it may not. Only time will tell.
Happy Trading, folks!
Cheers!
USD/JPY CorrectionUSD is seeing strength due to recent interest rake hike and 2 more planned hikes this year. JPY is seeing some weakness due to Trump's threats of Trade War. As today is over and tomorrow is the 4th, we may see a further downslide as reports have the USD being strong into the holiday. If Trump softens his stance, we may see some strength return to JPY.
None of the above is intended as financial advice and is my opinion only. I am not a license financial advisor and this information is not to be used toward the purposes of financial gain. This information is for entertainment purposes only.
Is USDJPY Heading To 95 Longterm? Here we look at USDJPY on the weekly chart and notice how we have broken below the trend line. The question now is where is USDJPY heading from here? On a lower timeframe there is still bullish momentum pushing USDJPY higher. If for some reason may get a squeeze higher it'll probably halt at 113.00 level; Otherwise, it's going deep south!
USD / JPY - Daily - 2 Plans Short - 1 Plan Long This pair has been in this descending channel for three years, with one major fall out in 2016, re-entering the highs of the channel Dec 2017, and we're now approaching the higher edge of the channel with either a move lower inside the developing Head and Shoulders pattern, after a move up to 110.5 - 111 or we break out of the channel, for a much bigger move to the upside.
USD / Yen - Evolving Head and shoulders - SHORTWe have a far from perfect Head and Shoulders pattern (when is it ever perfect) developing on this pair and if it doesn't break below the open price at 109.8 (50% fib ) then we're going higher, but we're divergent on 4H and at a point of major resistance, so there is more than a 50% probability we could track down the proposed right shoulder.
If and it's always a big if, we then break the neckline (200ema), the proposed target will be established, the distance from the head to the right shoulder, transposed below the neckline @109 another major support and fib level.
I had exactly this scenario on GBP / NZD and it was my most profitable pair this year, but this is the US$ / Yen and we're selling the $, so it's something to monitor carefully.
USDJPY analysis on the M30 chart for short termUSDJPY M30 chart
As the short-term indicators show decline but the uptrend will continue in the daily terms.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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USDJPY Short movement4HR
After broke and retest the 108.85 key zone
i enter a short swing trade
i belief that we gonna fall down and hit the weekly support level
the next couple days
on the daily chart we can see a MA crossover that gives us a good
conformation for a new trend
My Target is the 106.90
if we can see at that price a lot of buyers pushes the
market up ways
SL 60 Pips
TP 190 Pips
From Entry 108.5
USDJPY target price on monthly chartAs seen in the monthly chart above, the price has been tested to top band but failed and falled back.
In this case, we can expect to fall to the blue support line. Most likely it will broke it and reach the red support line.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
USDJPY, both Bulls or Bears find their shareUSDJPY offers very controversial signals. The first breakout will determine the trade.
USDJPY - H4 - SHORT BIASUsdJpy - H4 time frame - Short setup under a weekly supply zone. expecting a sharp reversal down to 200 pips and maybe lower for this pair.
