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Forex-usdjpy

Strifor || EURUSD-08/07/2023Preferred direction: SELL Comment: The beginning of the week assumes the strengthening of the US dollar in all directions, including, of course, the Euro. This currency pair continues to be under the full control of the seller. At the moment, it is necessary to wait for the price to close below the level of 1.09623, which previously showed itself very well. Closing below the indicated level will allow pushing the price down to 1.08485, from which the price made a confident upward impulse earlier. Other prospective and relevant ideas (for USDCAD and XAUUSD) can be found below. Thank you for like and share your views!
Short
by Strifor
5
Strifor || USDCHF-08/04/2023Preferred direction: SELL Comment: The sell-priority remains on the currency pair, however, a small addition in connection with the upcoming data on the US labor market. In this addition, it is assumed that at the time of the start of the data release, the US dollar will strengthen on all fronts, after which a reversal and a fall in the currency are expected. Thus, we are waiting for an impulse above 0.87757, and after going under the level we continue to consider sell. Thank you for like and share your views!
Short
by Strifor
7
Strifor || XAUUSD-08/03/2023Preferred direction: BUY Comment: The plan for gold has fully worked out, and now, just like with the euro, you can start looking for buy-positions. At the moment, the focus of our attention stays near the level of 1938.915. However, before the growth, another small downward impulse is expected, at which the price may reach the level of 1920. The medium-term prospects for the metal are formed mainly in favor of the buyer. Thank you for like and share your views!
OANDA:XAUUSDLong
by Strifor
7
✏️ $GOLD : New Week's PredictionsBy examining gold in the 2H and 30min time frames, we can see that the price reached the important supply range of $1963 on Friday and was rejected from this zone again, but we have to see that the price can be above the range of $1950 to 1953 when the market opens or not! If the price stabilizes, it will move to $1959 as the first target, then we have to see if it will be strongly rejected from this range or if it will move to the liquidity pool above $1964 to collect liquidity! If this trend continues, the target after that will be the liquidity pool above $1973! The downward scenario will happen if the price stabilizes below $1950 and the first target of it is $1941 and the second target is $1936.5 ! This analysis will be updated tomorrow! Don't Forghet To Push The Boost (Like) Button and Follow Me for more ! Best Regards , Arman Shaban
OANDA:XAUUSD
by ArmanShabanTrading
19
Strifor || GOLD-07/14/2023Preferred direction: BUY Comment: The buyer retains the initiative and the previous trading idea for gold in force. We are considering longs, it is best to do this from next week. There is a possibility that at first the sellers will try to approach the level of 1938.915, which is unlikely to succeed, but there will probably still be movement in that direction. The medium-term target for longs is at the level of 1981.680. Thank you for like and share your views!
OANDA:XAUUSDLong
by Strifor
5
USDJPY Is Approaching Strong ResistanceUSDJPY made a sharp reversal in 2022 on a daily chart, and touched 126-130 area after BoJ policy YCC adjustment back in December. However that drop appears completed as we have seen a strong bullish reversal in the lat few months, but it's just another corrective recovery that can be now slowly approaching the end. It's ideally an A-B-C move up to 142 resistance area where we can expect a bearish turn still this year. Alternatively, this can even be W-X-Y from 127 lows, but still a corrective and temporary higher degree pause for wave B/II. A drop and turn back below 137 can be the first evidence of a top in place.
Short
by ew-forecast
💱 USDJPY - The pair continues to strengthen. Target 142.0The USDJPY is breaking forward amid a strengthening dollar. The currency pair breaks the resistance at 140.882, after which the price stops and forms a correction from 141.5 TA on the high timeframe: 1) Price breaks through the high again. 140.725 level opens new high - 142.25 2) There is a void ahead and after a local consolidation the price may continue its growth, but only if the fundamental background is positive for the dollar TA on the low timeframe: 1) Breach of resistance at 140.882 and rise to 141.5. Price stops and forms a correction 2) Tested the 0.236 Fibo level, price may head deeper if buyers fail to hold the 140.882 level. 3) The uptrend continues 4) There is a high probability that growth from 140.979 will continue Key support: 140.979, 140.882 Key resistance: 141.5
Long
by AndeWave
8
Elliott Wave Suggests Short Term Bullish Outlook in GBPJPYCycle from 1.3.2023 low is in progress as a 5 waves impulsive Elliott Wave structure. Short Term Elliott Wave Chart below shows that wave (2) ended at 165.4 and pair resumes higher in wave (3). Internal subdivision of wave (3) unfolded as another impulse in lesser degree. Up from wave (2), wave 1 ended at 167.72 and pullback in wave 2 ended at 166.37. Pair resumes higher again in wave 3 towards 172.09 and dips in wave 4 ended at 170.98. Final leg wave 5 ended at 172.33 which completed wave (3). Dips in wave (4) took the form of a double three Elliott Wave structure. Down from wave (3), wave ((w)) ended at 169.94, wave ((x)) ended at 170.54, and wave ((y)) ended at 169.13. This completed wave W. Rally in wave X then ended at 170.37. Pair resumes lower in wave Y with internal subdivision as a zigzag. Down from wave X, wave ((a)) ended at 168.63, wave ((b)) ended at 169.53, and wave ((c)) ended at 168.02. This completed wave Y of (4). Pair has turned higher again wave (5) as an impulse. Up from wave (4), wave ((i)) ended at 169.387 and dips in wave ((ii)) ended at 168.8. Wave ((iii)) ended at 170.87, pullback in wave ((iv)) ended at 170.3, and final wave ((v)) ended at 171.07 which completed wave 1. Pair is now correcting cycle from 5.5.2023 low in 3, 7, or 11 swing within wave 2 before the rally resumes again. Down from wave 1, wave ((a)) ended at 170.17 and wave ((b)) ended at 170.61. Expect wave ((c)) lower resume and as far as pivot at 168.02 low stays intact, pair should resume higher again afterwards.
by Elliottwave-Forecast
1
USDJPY (Is the whole world scramble for collateral?) View On USDJPY (19 Apr 2023) UJ is in * Uptrend in short term (Intraweek) * Uptrend in Mid term (Intramonth) * Uptrend in Long term (Last 3 months) Now UJ has managed to stay above 130 and we need to watch 134.8x region closely. Once the break out is strong, we shall easily see 136 region. 140 will be the next. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Long
by SonicDeejay