USDJPY BEARISH SCENARIO (SUPPLY&DEMAND)I've provided an appropriate position for you on USDJPY. I just published another scenario on EURUSD that you check it below...
Japaneseyen
GBPJPY shortHey traders, in the coming week we are monitoring GBPJPY for a selling opportunity around 159.4 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
✅EUR_JPY BEARISH BIAS|SHORT🔥
✅EUR_JPY is going up to retest a horizontal resistance
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below
SHORT🔥
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AUD-JPY Will Keep Falling! Sell!
Hello,Traders!
AUD-JPY went down after the breakout
Just as I predicted in my previous forecast
Now we are seeing a bullish rebound
Aiming to retest the broken level
After that I believe we will see
Bearish continuation and a retest
Of the recent breakout lows
Sell!
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NZDJPY: Classic Bullish Reversal 🇳🇿🇯🇵
Hey traders,
After a strong bearish rally, it looks like NZDJPY is reversing:
the price formed a double bottom formation and then broke a resistance line of a falling parallel channel.
I believe that the pair can go higher now.
Goals:
81.25
82.7
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✅EUR_JPY GROWTH AHEAD|LONG🚀
✅EUR_JPY fell again to retest the support
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
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✅USD_JPY WILL GO DOWN|SHORT🔥
✅USD_JPY broke out of the rising wedge
Which makes me bearish biased
Thus I think that after the pullback and retest
Of the broken level we will see move down
SHORT🔥
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USD-JPY Swing Short! Sell!
Hello,Traders!
USD-JPY was trading in an uptrend
In a rising wedge pattern
But then the pair broke out of the wedge
Which makes me bearish and I am
Expecting the price to fall further down
Towards the target below
Sell!
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EUR-JPY Risky Long! Buy!
Hello,Traders!
EUR-JPY fell down sharply
And I think that the pair is locally oversold
This, combined with the fact EUR-JPY
Is now retesting a support cluster
Makes me locally bullish
And I think that we will see a local rebound
Buy!
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GBPJPY Break Daily CloudGBP hits two-year lows on weak UK GDP data.
Technicals
On the lower side, immediate support is around 155.90, breach below will drag the pair to the next level to 155.80/155/154.
NZDJPY: Potential Trend-Following Move 🇳🇿🇯🇵
I see a potential trend-following trading setup on NZDJPY:
the pair is trading in a strong bullish trend.
Setting a new high, the price retraced to a key level.
To buy with a confirmation I am waiting for a breakout of a neckline of a double bottom formation on 1H.
Once I see an hourly candle close above that I will buy on a retest.
Intraday targets will be 82.8 / 83.34
If the price breaks a blue zone to the downside,
a further decline will be expected.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBP-JPY Will Fall! Sell!
Hello,Traders!
GBP-JPY was trading in a bearish triangle
But now we are seeing a breakout
Which makes me bearish on the pair
And I believe that after the pullback and retest
The price will fall further down
Sell!
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✅EUR_JPY LOCAL SHORT🔥
✅EUR_JPY retested the resistance level
Then broke a local rising support
And is now retesting it
So because we are bearish
I think that the pair will keep falling
Towards the local target below
SHORT🔥
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GBPJPY ShortHey traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 161 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPJPY 21-EMA Resistance GBPJPY trades range-bound with no follow-through selling. The pound sterling regained from a 2-year low ahead of US CPI and Brexit optimism.
Technicals:
On the lower side, immediate support is around 160, breach below will drag the pair to the next level to 159/158.
✅NZD_JPY LONG FROM SUPPORT🚀
✅NZD_JPY is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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NZD-JPY Ultra Risky Long! Buy!
Hello,Traders!
NZD-JPY is retesting a horizontal key level
And because the pair is locally oversold
I think that we might see a bullish correction
From the level towards the local resistance above
Buy!
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AUDJPY ShortHey traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 0.90800 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Watching closely EJFollowing previous chart patterns I think will drop but will watch closely due to other candles which could suggest a long. Currently sat nicely in profit.
✅GBP_JPY NEXT MOVE|LONG🚀
✅GBP_JPY is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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NZD-JPY Bearish Bias! Sell!
Hello,Traders!
NZD-JPY is trading in a downtrend
In a bearish triangle pattern
So I am waiting for the bearish breakout
Of the horizontal key level
To see the pair go further down
Towards the target below
Sell!
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CAD-JPY Bearish Breakout! Sell!
Hello,Traders!
CAD-JPY is trading below a local falling resistance
And after the pair retested the resistance
It broke out of the rising channel
Which made me bearish biased
And I am now expecting the pair to fall
Towards the local support below
Sell!
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See other ideas below too!
GBP-JPY Local Long! Buy!
Hello,Traders!
GBP-JPY is falling right now
And will soon retest the horizontal support
From where I believe we will see
A local rebound and a move up
To retest the target above
Buy!
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See other ideas below too!
