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Usdyen

USD/JPY Next Phase (New Bullish Run)I just cleaned a sharp 80pips on Yen without any drastic reversal. I am still in the trade! Well, the bullish run could encounter a slight reversal to the previous resistance zone, which would now be used as support at 116.35. Trading setup Buy limit - 116.35 Stop Loss - 118.00 Take Profit - 116.00 Use proper risk management that best fit your capital (Lot size) Disclaimer - Take this trade at your discretion, you can do your due diligence. There is not 100% in the fx market, but this setup I will be trading myself. Cheers.
Long
by Adefxc
USDJPY – Bullish Fakey Setup Triggers USDJPY – Bullish Fakey Setup Triggers | 2-27-2022 Price Action: Price formed a Bullish Pin Bar Signal just above the 114.69 – 115.05 short-term support area, late last week. Price briefly moved higher from the recent Bullish Fakey Setup + Long Tailed Bar that had formed just above the 114.69 – 115.05 short-term support area, late last week. Potential Trade Idea: We are considering buying on a pullback into the range of the recent Bullish Fakey Setup + Long Tailed Bar area, with risk management below the low of the Long Tailed Bar’s low.
Long
by UnknownUnicorn393254
BNB Analysis for February 06th - Needs to breakout around $476On the weekly BNB continues it's downtrend. The daily chart looks good but zoom out to the weekly and we see that BNB clearly needs to break out of its resistance to have a chance at a full breakout. It did meet the $401 mark from February 4th when Bulls were buying lower at $350. If the downtrend continue bulls will start buying at $320 and lower instead of $350. However I have hope for this since I believe the price of bitcoin will continue its trend upward. It still seems that the bulls are trading on rallies. We will have to wait for a breakout around $476 to say that BNB is looking to make a full breakout. I am thinking about getting ready for Spring and having good thoughts about this one. As you all know Hex Coin is an ERC 20 token. Why did I pull that one out of my ass? Because now you get a chance to get into a new token with daily auctions launching on Binance Smart Chain called Rex Token. With this token if you go back to June 21, 2021 you will see that the first launch of Rex made the price of BNB sky rocket to all time highs. The astonishing counterpart to Rex Token is TREX and with the first launch this was too powerful and caused too much inflation. Now with the relaunch of Rex Token I truly believe we will see BNB along with Ethereum, Hex Coin and Bitcoin move to the uptrend. There are so many projects out there how can you trust any of the farms and Daos? They all seem to lose money with the LP tokens. The majority do anyway. With Rex Token that is not an issue. With the BNB pool you can't go wrong either. I have high hopes for BNB and Binance Smart Chain.
by Henrywaters
USDJPY | SWING - 28 Sep. 2020Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** In the event that the downtrend is not broken, it will head towards the downside again, so this is a low probability that it will fall, it may break the trend. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice. BTCUSD Apple GBPUSD EURUSD XAUUSD AUDUSD EURGBP NZDUSD USDCHF USDJPY
Short
by Saeed966
7
USDJPY - Descending Triangle - Downside ExpectedHi traders. USDJPY appears to have been forming a descending triangle on both the 4H and 1H time frames. Since market open today, it has broken out of the structure to the upside but since has now been pulling back. I believe this was a fakeout. Providing the green trend line is broken on the 30M or 1H time frame cleanly, it would then be time to short UJ to the blue trend line drawn, before considering any longs. This is just technical analysis . Do not follow this trade blindly! If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. Please drop a follow! I need reputation points!!
Short
by TheFinancialTRDR
1
USDJPY - Divergence on Major Support with 500 Pips Gain*Yellow = 200 EMA | Blue = 100 EMA This is the FX:USDJPY with Ichimoku overlayed with two moving averages. This pair is setting up nicely for a 500 pip move between 104.499 and 109.621. The support around 104.50 level has been used as resistance multiple times during September and October 2016. It has been used as support March 2018, January 2019, and August 2019. This support also moves in confluence with a 0.786 Fibonacci Retracement Level and resistance moves in confluence with 0.5 Fib Level. This strong level is also being approached with bullish divergence between RSI(14) and price . The RSI hit the 25 level end of June 2019 and proceeded to fall over 200 pips (106.740 - 104.50 level Approx.) while RSI moved up to over 35. What to look for? a) Break of Kijun Sen The Kijun-Sen is also called the Baseline and acts as a moving average as well as major resistance/support. A break of this moving average would indicate further action supported by the Kijun-Sen and most likely a complementing Tenkan-Sen (Conversion Line) cross. b) Kumo (Cloud) Twist The Kumo Twist is the Ichimoku Cloud transitioning from one side to another and in this case, would signal the move from bearish to bullish sentiment and indicate further bullish price action. c) Kumo Breakout The Kumo breakout accompanied by the other two factors would be a show of strength off the support and a potential play for the resistance. Keep an eye out for these factors, and good luck traders!
Long
by olympus_trading
USDJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=110.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=110.65. TP4: R2=110.8. Set the stoploss of these orders at breakout of S2=109.9. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=109.9. In this situation, there is an expectation to reach the target S3=109.25. Set the stoploss of reverse orders at breakout of S1=110.1. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
USDJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=114.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=113.7. TP4: S2=113.5. Set the stoploss of these orders at breakout of R2=114.2. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=114.2. In this situation, there is an expectation to reach the target R3=114.75. Set the stoploss of reverse orders at breakout of R1=114.1. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Short
by ForecastCity
4