My dear followers, This is my opinion on the USDJPY next move: The asset is approaching an important pivot point 145.64 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 146.84 About Used Indicators: For more efficient signals,...
Potential Buy & Sell opportunity on USD/JPY. watch closely for price action
USDJPY / 4H Hello traders, welcome back to another market breakdown. USDJPY has been trading in a down trend on the 4H, however the price also is around the breakout point from the perspective of bulls. Check out the 2 scenarios I'll be watching for today. Trade safely, Trader Leo
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
With the 75 basis point rate hike in yesterday FOMC Statement & the data dependent slow down in December, we got impulsive bearish move after rejecting from 1668-1670. We have been mentioning 1675-1680 as the key level of rejection in our last gold trade reports. with this hawkish move from FED we can still see the US dollar getting stronger in higher time...
Taken an options position here on USDJPY with a Friday Expiration, hoping to see a break either side. We have the JOLTS Jobs report later today and Non-farm employment change tomorrow so I'm expecting these to provide the boost we need to break out of the range.
USDJPY Can Make This Scenario Can Test His Previous Residence and 50 ma and Starts Bearish Continuation This Idea is valid for only 24 hours
trend lines are drawn from daily which shouldn't break as DXY is now at its bottom of many years.
On #USDJPY 1-hour chart, curve T3 and simple moving averages (ma10 and ma20) have turned their directions to pozitive.. It is likely that the price will go up.. I expect a structure as I mentioned in the chart.. We will wait and see.. Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk.. I wish you all the best..
USDJPY broke the resistance level of 104.68 and the resistance line. The price will soon reach a strong resistance level of 106.8, after which I expect USDJPY to fall to the level of 104.68
CHART EXPLANATION: We observe that price broke the Ascending Trendline and did a strong bearish movement towards the Support Zone. However, it could not break it and did a double bottom pattern, breaking the Descending Trendline. Now we are waiting a movement to the Resistance Zone at 98.30, and, if the zone is broken then it could go to the Resistance Zone at...
if it closes above this trend line, it may very well hit 20 to 30 pips. Entered at 113.70
Long-term Bearish Bias - Daily : Long Term expecting price to reach these lows (marked out): 1)109.116 2)108.803 3)108.541 4)108.131 5)107.320 Invalidated if 114.513 level gets taken & Price closes above this level.