USDJPY Eyes the December low Hi folks,
Keep your eyes on the daily channel line, price to breakout the level will be our trigger point.
Usdjpybuy
USDJPY PROFITABLE SWING SETUP USDJPY Been moving inside an descending channel towards the support, USDJPY WILL GO LONG AFTER MARKET TEST A SUPPORT
USDJPY W3 DEC 2020USDJPY
Long Setup
As requested by some members, USDJPY has fallen back to our zone as marked in I'm also looking at a further break and retest of the trendline resistance to find its way to the previous highs of 105.500.
USD/JPY Technical Analysis
The counter is currently in a sideways range.
It has hit the lower end of the range with stochastic lunging into the oversold zone.
We expect the range to hold and push the price higher.
USDJPY | Approaching to break the descending channel +230 PipsWelcome Back.
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The dollar is still falling against the Japanese yen for a long time, and with that, I think it is approaching a break towards the upside, this after touching the channel’s support as I drew it on the chart.
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USDJPY LONGDollar looking bearish but I feel that the DXY will be gaining something momentum soon.
Here is what I am looking at for USDJPY...
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UsdJpy- carving strong baseSince the start of the pandemic, UsdJpy is trading downwards, but if we look at the daily chart we can see that this downtrend is anemic and looks more like a range with some bearish tone.
We have a recent low just above 103 and now the pair looks like it found a strong base in this zone.
I expect a trend reversal for UsdJpy and I have a bullish outlook as long as the price is trading above 103.
My target for medium-term is 108 zone
USDJPY H4As you can you can see , USDJPY in H4 has a chance to brake the triangle.
you can refer to USD Index chart analysis and see that , USD is starting to grow up.
UsdJpy building upside momentumAfter 103.20 low, UsdJpy has risen aggressively and reversed 250 pips in one day. Either is BoJ intervention or just the market, 103 is very strong support now.
Now the pair looks like is building upside momentum and a break above 105 would signal a change of trend.
I'm bullish as long as 103 is intact
UPDATE: USD/JPY LONG (POTENTIEL OPPORTUNITY) 1H !!folollow me on tradingview for more opportunities thank you!
USDJPY - SWING - 24. NOVE. 2020Welcome to our weekly trade setup ( USDJPY )!
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1 HOUR
Bearish pullback after skyrocket price action.
4 HOUR
Strong reaction after bearish trend..
DAILY
Expecting market to turn shortly!
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FOREX SWING
BUY USDJPY
ENTRY LEVEL @ 104.220
SL @ 103.730
TP @ 104.970
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
USD/JPY Technical Analysis USD/JPY made a strong impulse move tw
USD/JPY made a strong impulse move two weeks before.
But the rally fizzled out at the high and since then the pair is retracing its move.
Now, it has found support around the 103.7 mark.
A move beyond the resistance 104.2 can invite bulls once again in this counter and hence we advise traders to go long as soon as the pair breaks above it.
USDJPY LongFX:USDJPY Long
USDJPY / H1 /Technical chart
Risk Management: Fixed Lot Size
Enty price- 103.777
Stop loss- 103.638
Take profit- 104.051
R/R Ratio- 1.97
USDJPY W4 NOV 2020USDJPY
Long Setup
Price made a strong bullish candle on the 9th of Nov, recently has tested its 0.786 fibonacci retracement. With this making a wave 2, a bullish impulse wave is expected. The setup will be invalidated if price were to break the November lows.
usdjpy posible 200+ pips move to the up sideusdjpy posible up side move ready to test support once more then for the up move
USDJPY LONGUSDJPY
#Entry Buy-Stop , 104.860
#Stop-Loss, 104.460
Target:
#R1, 105.260
#R2, 105.660
Sl -40 pips
Risk 1-2%
