NZDJPY: Bullish Continuation From Key Level 🇳🇿🇯🇵
NZDJPY has recently broken and closed above a major weekly level.
Now we see its retest.
Watching how the price reacts to that structure on intraday time frames,
I spotted a cute double bottom formation on 1H.
I believe that soon the pair will reach 85.25 / 86.25 levels.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Japaneseyen
EURJPY retraced above 21-EMAEUR/JPY holds gains above 5-DMA, euro ignores disappointing German factory data
EUR/JPY downside on account of bearish RSI divergence has retraced above 21-EMA. Major trend in the pair is bullish.
Retrace above 21-EMA has raised scope for upside resumption. Next major bull target is 140 (yearly high).
USDJPY grinds sidewaysUSD/JPY grinds sideways amid pre-Fed trading lull
The major grinds sideways as traders stay wary amid pre-Fed trading lull. Some consolidation ahead of the potential breakout.
Technical indicators support the current bullish stance. A hawkish outcome from the Fed will propel the pair higher.
USD-JPY Will Go UP! Buy!
Hello,Traders!
USD-JPY is trading in an uptrend
In a rising channel and now the pair
Is about to retest a support cluster
Of the rising support line
And the horizontal support level
Which reinforces our bullish bias
And I think that there is a good chance
For us to see a move up inside the channel
After the pair retest the support cluster below
With the target being the rising resistance of the channel
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
USDJPY holds marginal gainsUSD/JPY holds marginal gains, yields underpin greenback
The major is holding marginal gains and hovers around the 130 handle after closing 0.72% lower in the previous session.
Technical bias for the pair remains bullish. Momentum with the bulls and volatility is high. Scope for further upside.
USDJPY: Bullish Continuation Again?! 🇺🇸🇯🇵
After setting a new higher high, USDJPY retraced to a strong demand area.
Once it was touched, the price broke a bullish flag pattern to the upside and closed above that.
Now I expect a bullish continuation to 131.05
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBP-JPY Risky Short! Sell!
Hello,Traders!
GBP-JPY is trading below the horizontal resistance
And after the potential retest of the level
A pullback and a move down are likely to happen
With an aim of retesting the target below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!