Usd-jpy-buy
USDJPY BUYUSDJPY buy set up daily
Entry from support trend line up to resistance trend line. Support has held up very well since March 2018. The market has respected the Support trend line with numerous touches allowing the market to reverse trend.
As the market is reaching the end of the triangle, we're looking at UJ to push above levels 111.500
USDJPY BUYFor this pair we can see a double bottom formation that just broke the neck and also the bearish TL. We are waiting to see the retest of the 38% fib /that is the same neckline) to confirm the reverse and buy
Trade of the day: USD/JPY (Buy Limit)Hi guys,
I am currently looking at USD/JPY which I would like to buy if it reaches the levels I have highlighted in my chart.
I will put a BUY LIMIT and a target as shown.
This trade is valid for the day.
Trade with care!
Best,
Jesse
Usd/Jpy Buy Hi All,
So last week, this pair broke the upward channel , & now stuck at support area of 109 region , which seems to be holding . So for we start above that , this is what i anticipate . A bullish run to create a new high above the 112.000 region .
I'm opening a buy on this pair based on what i see on my chart , Note we still under a risk off situation with Yen & Chf , so any mini bad data or news from the US will impact the move higher & if we are to go any lower , we should at least touch 112.000 region .
Many Thanks.
Usd/jpy Buy at Support Hi All ,
I will be looking at opening a buy from 110.395 with a target of 112-113-114. Sl at 109.960
I will be looking at a more aggressive entry from 110.420 Depending on price at region and trendline .
Today The fed comments has impacted the price setup , But with fed meeting and forecast out the way . we should see some bullish momentum . I will be looking at buying majority of USDXXX.
Many Thanks.
Many Thanks.
Buy order on USDJPYA break below 111.000 we will be looking for further downside and changing our bias. Using simple trendlines we are looking for further bullish pressure, 113.000 targets. Always the potential for risk aversion so will be watching carefully.
Breakout on USD/JPY with Support tested 3 times and a Swing Low.The chart shows a possible breakout on USD/JPY, clearly stated by the short volume the market has, and three levels of support being tested 3 times in the past. Just remembering, the more times a key level has been tested in the past, the more accurate it can be.
Price has also reached a Swing Low, which shows more evidence of a future strong and definitive trend.
I believe the market will give us a start of a new and fresh trend with these levels of "cheap" - stated as Support from some traders.
Still a strong uptrendI think over the coming days we will see USD/JPY carry on pushing higher. As you can see by the chart it is at the top of trend regression and so we should see a small dip as the RSI calms down. The ADX is continuing to show a strong trend and we are just coming out the back of a tea cup pattern. You can see the technical analysis is also pointing towards a Strong Buy however watch out for the price dipping under the moving average. At this moment I think we will see a small amount of resistance however I think the pair will carry on pushing upwards towards the 111 figure over the coming days. We need to watch out for the 110.350 level we are passing through now as this has been an important resistance level in the past.
Happy Pi Day, Is it time for USD strength in the USDJPY
Tonight we have US retail sales data to be released, with analysts forecasting strong data of 0.3% from last month’s -0.3%. If data comes out as expected or higher, we could see the beginning of some USD strength. However, even with USD strength, I’ll only look for trades with USD strength in USDJPY (bouncing off 106.50) or AUDUSD (buoyed by positive CNY data).
BoJ coming up....upside for USDJPY?Planning for the BoJ coming up...
seeing a stronger USD overnight, we could see the BoJ take the chance to take a slightly more dovish tone, to push the USDJPY higher
USDJPY above 107Could 107 be the barrier, once broken will bring about 108 and 109 for the USDJPY.
Whilst volatility is seen in the USD, it is also slowly gaining strength.
Although the BoJ seems to be moving away from its aggressive stimulus plan, forgoing a 2% inflation target, the Yen seems to be bought only on risk-off situations (reserve assets are bought).
Therefore, if the current market conditions maintain, we could see the USDJPY move above 107 and beyond.
USD/JPY looking to buy til next fib levelHi guys,
I will buy the pair as soon as it breaks this channel to the upside til next fib level.
If you like my ideas please drop a comment or a like :)
Cheers
Jesse
