Hellooo...My Dragon Friends... I see USDJPY movement follow the trend line (slightly downtrend). Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
This MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful . The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the...
The pair ended a cycle in wave (1) at 109.76 on 12/2/19 where the 4 hour is turning down. From there the pair can see the 107.50 area before a bounce corrects the cycle from the 12/2/19 highs. While below there it can see another swing lower to correct the cycle up from the 8/26/19 lows at 104.42 where the daily is turning up
Hello Traders , We are expecting USDJPY to move up towards its 50SMA on weekly , since price is at major support and indecision towards downside is seen . Also whenever we see this type of condition in bollinger band when price is far out of band in higher time frames most of the times price tends to come back inside the band's trading range and many times...
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Dear Trader, This is weekly forecast for usdjpy from 10/04/17--14/04/17. As we can see from the date of 15th March Rate hike by .25bps seller has taken control over UJ pair and also another reason for Yen demand may be Risk of French election. There is a expectation of price rising to the resistence line of 111.65 after opening of forex market on monday, then...