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Jpybuy

NZDJPY - Is The Bearish Run For The JPY Finally Over?Analysis: Bearish Confluences In a downwards trend Retest of a key level Fakeout of downwards trendline 1K long position increase for the JPY 12K short position decrease for the JPY Bullish Confluences NZD is the 5th strongest major currency whereas the JPY is the 8th strongest major currency 3K short position decrease for the NZD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Short
by jpeacockfx
6
AUDJPY - Could The JPY Be Getting Stronger?Analysis: Bearish Confluence Factors In a downwards trend Break and retest of a previous area of support for resistance Downwards trendline touch Increase of 2K short positions for the AUD Decrease of 12K short positions for the JPY Bullish Confluence Factors AUD is the 7th strongest major currency where as the JPY is the 8th strongest major currency Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Short
by jpeacockfx
4
AUD/JPY - JPY Correction SoonI expect JPY pairs to correct across the board soon, most of them are very oversold. On this pair RSI is very high even on weekly timeframe, same goes for CAD, EUR, and GBP to JPY. All these pairs are at resistance levels, GBP/JPY is actually surpassing the resistance level as well so that is further reason to see a pullback. I am not entering shorts personally at the moment because the trend is going up very aggressively, this is just an update on where the move may go and where possible longs can be taken from. I expect all these pairs to retrace to at least 0.5 Fibonacci, they could possibly retrace further so the price needs to be monitored before entering trades if and when this happens. I expected these to see a retrace sooner but they have clearly continued to shoot higher so considering the resistance level and RSI they are likely to correct very soon.
by olly48
AUD/JPY SWING TRADEAUD/JPY coming into trend resistance.. so this is a safe low risk short for me. The only volatility i expect to maybe shake up my decision, are the following; BoE, Largade, & Fed Speech at the end of the week(11/13) Maybe Japan Prelim GDP on Sunday Market open (11/15) Monetary Policy Meeting Minutes for Aud on Monday(11/16) BIG MOVER: AUD UNEMPLOYMENT RATE & EMPLOYMENT CHAGNGE ON WEDNESDAY during Intraday (11/18) i entered on market around 76.928. There was a bunch of JPY weakness across the board following the Vaccine announcement. Jpy is over extended, the market over reacted, but has yet come to it's senses. AUD strength in GREEN RSI in YELLOW JPY strength in RED YELLOW DOTTED LINE - Alerts set for RESISTANCE or TAKE PROFIT (if successful i will update after 1st tp) I personally just set alerts and hold until my final target is reached UNLESS the technical break. Yellow lines just alert me on when i should be aware of a POSSIBLE trend change. BLUE FLAG/DOTTED LINES - BONUS PIP.. by then 60%-70% of my profit is taken out and i trail by 30 pips. IF 75 (TARGET PRICE) is reached we will get neutral take 40% off and just wait for the market to give us a signal
by SlattYSL
George Floyd and USD dollar CRASH ?We're witnessing a painfull moment in America, because of the tragedic incident of George Floyd. What could happen to the USD dollar ? Could it stand firm or lose it. When I was drawing all the trendlines , fibonacci, seeing an insdie bar, left right shoulder inverse, indescison candlestick, bullish shaved bar to reach my target around 135.000, but all those protest in the United States make it worse. What do you think what it will happen sunday night ? I am sure we will see a huge gap to the USD dollar and from there it could lose it volume buying because of the unstability in America. like and react what you think guys ? Have a nice day and enjoy it
by price_action_bars