USDJPY in strong support levelTime to buy USDJPY.
The price is at a strong support level of 104.73.
I expect growth to the resistance line.
Forex-usdjpy
USD/JPY, triangle on major weekly support
Title says it all. Outcome TBD, either winding up for a large run (my expectation) or to waterfall to the downside. Kept chart as clean as possible, to allow simple interpretation.
USDJPY near strong support levelUSDJPY is heading towards strong support level 104.73.
I expect growth from this level to the resistance line.
Range trading: Forex as for 21/07/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1396
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1379
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1362
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1501
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1518
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1535
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2586
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2554
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2522
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2746
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2778
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2811
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.80
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.62
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.44
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.62
Short position 2
(The price today will not rise above this mark with a probability of 95%) 107.80
Short position 3
(The price today will not rise above this mark with a probability of 99%) 107.98
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Usd/jpy short opportunity!!!Top down Analysis!!
Daily timeframe
We are in a continuation to downside price forming "lower Highs" and "lower lows" we have EMA crossover to downside and plus cot data indicating institution are heavy buying japanese yen
h4 Timeframe
We are seeing price continue forming "lower highs" and 'lower lows" indicating Price will continue to downside and also respecting market structure and trendlune.
H1 Timeframe
Price retraced all the way to test the previous "Lower highs" and we see a nice rejection at around 107.400 level which is a complete retest and now we shall see a nice melt down of usd/jpy to test the previous lows . nice momentum to downside and see shall see a nice rollover to downside
USDJPY rejected from dynamic trendline 🦐USDJPY rejected from dynamic trendline, and now the price is on 4h structure.
IF the price breaks that structure we can wait a retest, according to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
USDJPY new entry USDJPY is growing, as we planned.
I expect the price to reach the resistance line and return to support level 106.88
USDJPY At Good Resistance Level To SellUSDJPY is currently at a strong resistance level of 107.262. This area has seen multiple rejects on both the upside and the downside. If the price were to move further upwards, there would be a very clear bearish divergence on the MACD Crossover as well. As such, I have entered a short position at 107.262.
My stop loss level will be at an area just above the area of resistance that I have entered at. This stop loss level is at 107.422. This is to allow the trade to have room to run.
My take profit level will be at an area of support. This is at 106.738.
If you agree with this trade, do give it a huge thumbs up! :)
USDJPY | WEEKLY PERSPECTIVEIt 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 following week(s) seems feasible.
Tendency: Downtrend ( Bearish )
Structure: Breakout | Harmonic (AB = CD)| Support & Resistance
Observation: i. The fall of the USD since the beginning of last month (June 2020) appears to continue as it Breaks down my Key level once again.
ii. ABCD pattern
a. Impulse A-to-B in harmony with the potential B-to-C leg.
b. The B- to-C leg is at 61.8% Fibonacci retracement of the A-to-B leg.
c. The C-to-D leg falls at 1.414% Fib. ext. of the A-to-B move.
iii. Expecting a possible correction into my Key level zone before downtrend continuation in the following week(s).
Trading plan: SELL confirmation with a minimum potential profit of 250 pips.
Risk/Reward: 1:3
Potential Duration: 2 to 8 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
NirvanaForex
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USD/JPY to FALL!The USD/JPY has been severely testing the Support zone recently. The latter is expected to be broken. The pair is in high volatility , so the ranges are to be expected and the recent rise should not be a sign that the price will recover above the Support zone. The BB and EMAs shows us that decline is the most likely scenario.
New entry point for USDJPY USDJPY almost reached our target.
After the price reaches the level of 106.88 I expect growth to the resistance line.
Range trading: Forex as for 06/07/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1208
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1182
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1154
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1318
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1345
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1372
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2388
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2349
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2211
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2564
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2602
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2641
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.21
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.95
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.69
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.99
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.25
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.51
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Second chance to SELL USDJPYWe have a profit on USDJPY, but the price may return to the resistance level of 107.9.
Those who did not manage to open the sale can open it from the level of 107.9.
Move SL above the resistance line.
USDJPY Analysis.Traders, We see a good opportunity for long after price sustain in yellow zone .
Traders, if you liked this idea or have your opinion on it,write in the comment. I will be glad.
USDJPY Multi-Year Pennant USDJPY has been forming this massive triangle for nearly 1650 days now.
The triangle's apex is 350 days away.
We have had 3 rejections and 4 support within the triangle. Pennants are usually a bullish sign but given the shape of this pennant I am leaning neutral.
I will be looking to see which way it will break out and trade accordingly. Usually, technical patterns like this break out a 30% before the apex. So, It should be sometime within the next 6 months we should see a major break out.
There is a clean 10% swing trade to pull. The direction is unclear yet, but it is worth keeping an eye on.
Range trading: Forex as for 01/07/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1161
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1128
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1096
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1295
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1328
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1360
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2283
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2250
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2217
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2477
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2510
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2543
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.53
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.24
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.96
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.22
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.50
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.79
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 30/06/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1171
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1138
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1105
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1313
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1345
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1378
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2202
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2166
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2129
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2403
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2439
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2476
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.17
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.87
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.57
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.14
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.44
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.74
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
USDJPY +100p Trade USDJPY has reached our goal.
The price made a return to the level of 106.8 and then began to rise.
I expect a drop from the resistance level of 107.9. SL set above a strong resistance line.
Range trading: Forex as for 26/06/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1140
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1108
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1076
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1295
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1327
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1359
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2324
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2284
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2245
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2523
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2562
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2602
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.64
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.31
Long position 3
(The price today will not fall below this mark with a probability of 99%) 105.97
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.68
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.01
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.35
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
USDJPY on the support level USDJPY made a false breakdown of the support level of 106.8.
The price began to rise again, and I expect a return to this level and growth to the resistance line.
Range trading: Forex as for 25/06/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1166
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1139
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1111
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1284
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1311
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1339
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2343
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2309
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2274
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2524
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2559
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2594
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.81
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.50
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.19
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.60
Short position 2
(The price today will not rise above this mark with a probability of 95%) 107.91
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.22
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
