USDJPY Major Support - 108.000Currently, USDJPY is on major support and is forecasted to go back up according to my personal bias.
However, if the price breaks 20 pips below the 108.000, sell trade shall be taken.
Usdjpysetup
USDJPY recovery above long term trend lineFX:USDJPY
Price has just pulled back above the long term trend line drawn (on H4 and D1 tf) following the flash crash from last week.
Note the marked bullish engulfing candle pattern printed on support signalling the potential move higher.
I have opened a buy order at market price 109.042 with
*Stop loss below the support where I feel that the setup would become invalidated @ 107.771
*Provisionally targeting the 200ema @ 111.409 and then the major resistance IF price pushes higher to 113.589
Don't bet the farm, always exercise good risk management
USDJPY BIG DECISION TIMEHello everyone, looks like USDJPY pair is at a crucial level. Will we continue to reject the resistance trendline and move to the support trendline? Or will we break right through and make a move to the upside? Both situations are very probable but I'm leaning toward a weaker USD and we move to our downside targets. Lets see how this plays out. It will be fun!!
USDJPY - SHORTS IN PLAYUsdjpy - H4 - shorts in play down to 110 and possibly 109.30 before going long
USDJPY - H4 - SHORT BIASUsdJpy - H4 time frame - Short setup under a weekly supply zone. expecting a sharp reversal down to 200 pips and maybe lower for this pair.
USDJPY - H4 Short setupUsdJpy - H4 - I see price in a strong weekly supply zone and see a sharp reversal for this pair down to 107.50 and lower if usd weakness comes back into play
usdjpy 6HLast one for the day, break out to the downside. This has a very tight stop, based on if it takes off or not. I have no problem canceling a trade if it doesn't show me evidence of directional intent.
USDJPY - WEEKLY - SELL SETUPUsdJpy - Weekly chart - Expecting a strong yen over the next few weeks/months. Great sell setup for this pair with a great risk to reward ratio.
USDJPY approaching 2012 trend lineUSDJPY (Daily) is nearing five year long up trendline, will price break the trend line ? or will be this another retest
to break 2015 highs ? Since last year this pair is moving side ways with successful retest of support zone three times.
Now price is in the support zone and RSI is over sold @25. Last time RSI oversold like this in the support zone was
back in April,2017 after that price zoomed to the resistance. This time support zone is the confluence of 2012 trendline,
50% and 61.80% fib retracement from August 2016 and 38.2% fib retracement of 2012 low.Break of this trend line
will bring this pair to 100.
USDJPY ShortI am thinking of shorting this pair with some specific entry points. Could be either 10 pips below the support zone or inside the resistance zone. Forecast is that it would go down up to 109.900 level. Might take a few days or weeks to reach tho.
USDJPY Needs to find its wayWith the start of the year Banks started to talk about YEN will be stronger in 2018. With this move USDJPY and other YEN pairs started to hype up. Even Unemployment rates' news came positive from US side didnt effected chart well to take it up back to 113. band. We saw the USDJPY moves and consolidates around 112.80 and 112.20 band. With todays Eu session opening we expect a bit higher points around 112.40 which fibbo %78.6 holds abd also minor-major uptrend line. If we see a breakdown on trend chart will continue its way up till 112.80. If it bounces back it will retest our supportive area at 112.20 -112.
USDJPY Double Bollinger Band SpikeHi traders,
Double Bollinger Band Spike on the USDJPY, preparing for a short sell here. Keep in mind to put the trade to break even since we trade with momentum. RSI Divergence is present as well.
(This is not a trade recommendation!)
Trade setup in USDJPYLook for a break out in triangle, if it breaks down side support can be on curve line with confluence of 50%
Sell USDJPY Based on Multiple Chart Patterns on Weekly TimeframeThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
USDJPY BuyUsdjpy Buy at 112.64 tp stoploss below 112.25 tp is 114
Weight of evidence :
Trendline support
Dollar strong
Previouse resistance become support
Fibonacci level
Good luck trade with care
Like follow and feedback if you like our idea
USD/JPY TriangleFX_IDC:USDJPY Triangle Upward Break
Stop Loss: 112.150
Entry: 112.300
Target: 112.600
Risk to Reward Ratio: 2.0
USDJPY Lost It's BearsUSDJPY bearish movement finally lost It's power on sell positions. Finally we saw some buyers still alive on this chart. 108.80-108.60 band both became as a Buy signal and support band for USDJPY and till yesterday It started to move upwards. we saw our first point around 109.10 band and 109.45 minor resistance test in this morning. If this chart holds up with good news from US side it will trigger back up to 110.10 band and 110.75 which major resistance holds up that point.
USDJPY July'17 Teachnical analysis - BearishUSDJPY July'17 - technical analysis - Forex
By. Dian Kemala
After failed to break up resistance level at 114.50, USDJPY perform downtrend, break channel up, and hit lower low at 112.23. This pair also break head and shoulders neckline at 112.95.
The best setup for USDJPY are wait for re-test at neckline to enter short position, with profit target equal range from head to neckline at 111.27. Stoploss above right shoulder at 113.52
With this setup, we aim for 173 pips for this week with 3 R/r ratio.
