usdjpyHello Traders, here is the full analysis for this pair,
Conditions for entering into trading on this pair
Close the whole body of a candle above 108.60 the select area. Entry is a buy
Close the whole body of a candle below 106.90 the select area. Entry is sell
If your entry method does not agree with these areas, do not risk entering
If you are not satisfied with entering this way, you can tell me about that in the comments section below
Forex-usdjpy
USDJPY: The bearish trend is confirmed.After neglecting the Corona Virus fear spikes. At position:
(1) The prices were stopped by the 106.900 support after it broke both
the bullish channel.
(2) The prices retested the broken bullish channel.
(3) The prices were stopped again by the 106.900.
(4) The prices retested the bearish trend line confirming the return of
the USDJPY to the bearish trend
(5) that would be our entry signal after a clear close below the 106.900.
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Range trading: Forex as for 16/04/2020Under 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%) 1.0800
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0750
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0701
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.10986
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1035
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1084
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2354
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2227
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2100
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2643
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2770
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2897
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.91
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.39
Long position 3
(The price today will not fall below this mark with a probability of 99%) 105.86
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.44
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.97
Short position 3
(The price today will not rise above this mark with a probability of 99%) 109.50
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 13/04/2020Under 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%) 1.0833
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0761
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0690
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1041
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1113
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1185
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2291
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2130
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1968
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2630
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2792
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2953
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.37
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.67
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%) 109.14
Short position 2
(The price today will not rise above this mark with a probability of 95%) 109.84
Short position 3
(The price today will not rise above this mark with a probability of 99%) 110.55
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 shows weakness As with most of the USD/X pairs, the USD/JPY pair shows price constriction following a failure to gain an ATH. What you can see on this chart is the large area of low-liquidity from 80-100. This area of low-liquidity is indicated by the large impulsive bars, which didn't give much opportunity for traders to buy and sell in that area. My belief is that should we breakdown, we could see a large, multi-month markdown in the USD/JPY.
Range trading: Forex as for 09/04/2020Under 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%) 1.0753
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0687
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0621
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0981
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1047
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1112
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2212
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2061
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1910
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2581
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2733
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2884
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.80
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.91
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.02
Short position 1
(The price today will not rise above this mark with a probability of 68%) 110.06
Short position 2
(The price today will not rise above this mark with a probability of 95%) 110.95
Short position 3
(The price today will not rise above this mark with a probability of 99%) 111.84
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 03/04/2020Under 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%) 1.0716
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0654
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0592
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0982
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1044
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1106
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2178
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2033
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1887
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2599
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2744
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2890
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%) 105.58
Long position 3
(The price today will not fall below this mark with a probability of 99%) 104.53
Short position 1
(The price today will not rise above this mark with a probability of 68%) 109.37
Short position 2
(The price today will not rise above this mark with a probability of 95%) 110.42
Short position 3
(The price today will not rise above this mark with a probability of 99%) 111.47
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 Daily ShortWhile I normally stick to equities or futures, I browsed over a few forex pairs and this popped out at me. On both of my charts that I use when doing technical analysis, USDJPY is showing some pretty bearish indicators. On this chart, price bounced off of a strong prior resistance as it is starting a descent. I notice reduced buying pressure on the MACD histogram, as well as the price being below my Ichimoku Clouds (If you aren't familiar with it, I use it as dynamic support/resistance as well as general trend) Rule of thumb, if the price is under the cloud and the cloud shades in red, that is both a bearish indicator as well as a rough level of resistance. The price action on the candlestick chart shows a bit more noise and I feel that my renko chart suggests more bear action to come. The hair in the soup is the MACD strategy I use that signals bullish/bearish entry suggestions signaled for more bullish action.
Range trading: Forex as for 02/04/2020Under 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%) 1.0818
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0756
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0695
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1081
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1142
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1204
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2167
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2019
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1871
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2615
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2763
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2911
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 105.94
Long position 2
(The price today will not fall below this mark with a probability of 95%) 104.91
Long position 3
(The price today will not fall below this mark with a probability of 99%) 103.88
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.68
Short position 2
(The price today will not rise above this mark with a probability of 95%) 109.71
Short position 3
(The price today will not rise above this mark with a probability of 99%) 110.74
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.
Short EntryIf USDJPY goes to 109.5 it might just give a great short opportunity for a +300 pips trade.
- It's the end of the month, so i'm expecting to have some dollar strength today (last day) and maybe tomorrow.
- It's good to remind ourselves that despite the fact that this month had around 1000 pip volatility range, this pair remains in a bearish trend and the monthly candle is telling just that.
- Had a huge run up and failed to go above February high (~112.2).
- 109.5 is a great zone of resistance and it's also the 0.786 fib extension from the last move.
- 200 weekly MA is also around 109.5 and it served as resistance sometimes in recent past.
- 4hr RSI is showing clear signs of this being just a relief bounce rather than a trend change rally.
Given all this, i'll be shorting this pair if it gets to 109.5 and if breaks down before that i'll look for a new possible short opportunity in the next bounce.
Cheers