USDJPY Analysis (03/29/2020) Swing TradeExpecting a movement in reaction to the key levels identified on the above chart analysis.
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Usdanalysis
USDJPY Compra15min Chart - Después de un rompimiento de estructura bajista, puede dar comienzo a un nuevo movimiento a la alza,
- También el otro dato que tengo es que en DAILY llego a un excelente punto de pivote el cual puede rebotar dando un fuerte movimiento a la alza.
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Este es un analisis 100% tecnico basado en mi plan de trading y sentimiento propio aprendidos en el dia a dia en mas de 2 anos de experiencia, siempre es recomendado hacer tus propios analisis y buscar tus propias entradas y salidas basados en tu desicion propia como trader, un saludo.
Yody Iznaga
Pro Forex Trader
USD CADthis is usdcad as i see sell continuation from. see my old analysis which i will tag below .....so we see wedge pattern forms tellin us a sell continuation
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USDJPY upside to 109.75, long term to continueUSDJPY recently formed a strong up channel and looks to continue to move in that direction based on market structure. The support at 108.65 is expected to hold and we would like to see a pop into the next resistance points. There is a level at which we can expect price to move into at 109.200 then up to 109.330 these two levels are based on the Fib retracements, the first at 50% and the second 61.8% from the resistance point.
Disclaimer: This trading idea is for educational purposes only, this does not constitute as trading or investment advice. TRADEPRO Academy is not responsible for any market activity.
DXY - 18/11/19Quick Update on the DXY, we're seeing this downtrending trendline, price has been respecting. I'm looking for a loss of strength in the USD over this week based on technicals. HOWEVER, we have a lot of high impact news regarding the US Dollar this week therefore I would trade with caution. Be strict with risk management on USD pairs.
If the dollar does in fact lose strength, USDXXX pairs will sell and XXXUSD pairs will buy.
The dollar is relatively strong as of right now. But price is on a solid downtrend.