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Dollaryen

USD JPY - An inverted H&S?Morning traders! Today let's see USD JPY , in lower timeframes in my opinion there is some short opportunity until 106 zone , price has been rejected from 108 zone 2 times and that's an important resistance zone , while in long term , into the daily timeframe i've seen a potential inverted H&S , is still forming , it's just a potential signal so don't take that like a certainty but it's always interesting. Usually i don't trust really much about '' macro patterns '' as H&S cause sometimes think that some traders '' force '' the pattern but this time might be an important opportunity. Stay tuned and have a nice day traders!
Short
by maro9392
DOLLAR REVERSAL ON?! USD/JPY MAY TELL THE STORYFundas - So with the Dollar starting to show some strength towards the end of this week and no more major catalysts for the short term, bulls may be testing the waters from here. The main risk to the markets is the Syria situation, which seems to be clearing up, however weekend gap risk still remains if new information comes to light. Techs: I don't trust an initial breakout of this consolidation between 107.50 and 106.50 for a long play, I expect there to be sellers at and around the 108 handle. If price pulls back and defends the 107.40-50 area, I would be much more inclined to go long then with a stop below the 107 handle, expecting a launch back into the 109.25-110 zone for a solid r/r trade
Long
by StellarCraig
4
USDJPY We have two options, the fist one is to go stright to the 108.00 level that I think is more probably, because the trendline has been broken, the lower low have divergences and we have a continuation pattern on price action on Daily candles. On the other hand the price could fails to break the outer trendline and this would be a signal of confirmation to go short. At the moment I am in long until the monday`s daily bar closes, in case that the bar break the TL I will keep going long, if the monday`s bar fails I will close my entry and look for a confirmation to the downside where we could see a last swing low to the 104.300
by brunorai_
USD/JPY- Investor Fears or Market Confusions? Shorts in PlayUSD/JPY has been the most confusing dollar cross as other have rapidly depreciated against the dollar whilst the Yen has done the inverse and actually Appreciated! All thing being equal, the global equities sell off and corrections could spell pure investor fear causing large funds sucking up lots of Yen in Anticipiation of a Market Drop. The 106.50 Key weekly level is a critical Area for influx of orders in the pair. A break below would indicate a bearish sentiment while a break above the current wedge formation could also signal another Dollar Rally Fear aside, Sushi is where its at!
Short
by ScholarGC
Long Japanese Yen Trust The USD has been challenging to trade in the recent global market environment Long-Run equilibrium exchange rates may be changing due to Central Banking policies & inflation Covered interest parity is being challenged with recent market events Being long the Japenese Yen Trust (FXY) offers significant upside via a bull call spread We have outlined trade which can be accessed on profile however a summary is provided 2 Month Call Skew is .97 standard deviations above 1 year mean 2 Month Volatility is .31 standard deviations below its 1 year mean FXY (The Yen) is moving on risk concerns but we believe expectations that the BOJ may finally taper their balance sheets after a long run of solid growth that will drive it further Interested in all thoughts & analysis on our idea.
AMEX:FXYLong
by Quantamize
USDJPYThe analysis for this pair shows that this will be a long term down trend due to the triple top price action pattern that has occurred. The triple top indicated trend reversal. the trend should relatively follow the descending trend line and at the moment this pair is having a retracement. A good place to enter a short would be when the retracement is done and the pair starts to fall again. However, the safest place to enter the trade would be when the pair breaks the bottom ascending trend line. Please like and follow! message me about pairs you want me to analyze.
by Berenguer
2
USD/JPY MONTHLY Short/Bearish Trend. Correction or recession?Great opportunity to short usd/jpy for a long ride down. This is in correlation with USD weakness under trump presidency and also global indices calling for a huge correction on monthly charts. This analysis indicating a major sell off in USD. That could possibly be a geopolitical event maybe north korea/russia and US?? Its like the market predicting and indicating to us that something big is coming!! and Technically I see major fall in usd and strength in jpy and gold.
Short
by Sagefx
FINAL ANALYSIS - BIG REVERSAL IN USDJPY - 1H CHARTHey Folks, Facts: 1- Top of structure broken, so the 3 wave correction is about to end up. 2- There is still a chance of one more move up, watch for that. 3- As soon as market breaks trendline we will get in the trade. - Hola Amigos, Hechos: 1- Tope de la estructura roto por el mercado, por lo cual la correción de 3 ondas terminará pronto. 2- Cuidado! Quizás hay un movimiento más hacia arriba. 3- Tan pronto como el mercado rompa linea de tendencia, nos metemos en el trade. Carlos
Short
by ccerezo11
7