Usdjpybuy
Usdjpy buy setupEntry at Market with stop towards 106.97 and Target towards 107.85 and 108.08.
If it will Break 108.5 then 111 on way and if it keeps 108.5 then 106 and 105 it will go
USDJPY reversed from resistance, potential drop!
USDJPY reversed off its resistance at 107.791 where it could potentially drop further to 106.010.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDJPY Analysis FOR SHORT TERMThe level price of USDJPY is evolving under the VWAP, each time the price approach the VWAP, it goes back to the hallway fixed by the Pitchfork indicator.
Until now, signs show that USDJPY is going down FOR SHORT TERM.
A change could happen once we have an increasing break of the VWAP, and the resistance of pitchfork indicator.
USDJPY
USD/JPY Trading Idea BullishHello Traders
USD/JPY Price is holding between .50 and 61.8 Fibonacci level. Middle line of the channel and 200 SMA are acting as strong support level. I think price will .618 level @ 107.451 and then will reverse. RSI and Stochastic are oversold .
If Market holds .618 level and reverse to the upside profit targets will be between 109.00 and 111.00
USDJPY bounced from support, potential for a further rise!
USDJPY bounced off 107.651 where it could potentially rise further to 108.506.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDJPY bounced from support, potential for a further rise!
USDJPY bounced off 107.877 where it could potentially rise further to 109.700.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDJPY and BUY AREA (8 Jun 2020)We have USDJPY in Up Trend
Here is my setup:
BUY LIMIT
SL at 109.370
TP1 at 109.750
TP2 at 109.900
TP3 at 110.100
Have a safe trade, bro..!
'Negeri di Atas Awan'
USDJPY and BUY AREAHere is my setup for USDJPY..
SL at 108.830
TP at 109.520
Have a safe trade, bro..!
'Negeri di Atas Awan'
USD/JPY AnalysisIn the long term, we are expecting an upward trend. After the equilibrium range, and after breaking it, the USD/JPY is taking an increasing trend, the price is going up. So we can say that the buyers are taking control of the market, and it would be better to buy USD/JPY.
However, we could expect a short decreasing path, in the short term, returning to the support of the upward trend/
In general buying USD/JPY would be profitable for long term investment.
USDJPY - BuyOn the h2 tf, we are seeing a build up of strength to break the 108 area.
I have a buy limit order to trigger at 107.383. If it doesn't trigger, i will be watching the trend line to be broken for more upside movement.
Cheers!
Small Bullish PotentialMarket is showing great potential to push to the upside. But be careful as fundamentals are oppose this prospective setup. Risk Low
USD/JPY - Key Level Reached, Bounce Or Break?Hello Traders!,
Hope everyone had a successful week trading, here's my analysis on USD/JPY for the next week we have ahead of us
What Is The Market Telling Us?
Consolidation has been occuring for the past 2 trading weeks ranging from support & resistance
Bearish fakeout has occured to STOP OUT retail traders from their sells to bring the market to a higher price
Bullish crossover has occured
Price has reached peak bullish volatility and is now halted by resistance level
When Should We Enter?
This scenario can go both ways, if youre LONG look for a clear break & retest of resistance before BUYING
If you're SHORT, wait for a bearish candle close or a bearish pattern to occur before SELLING
