xoxo45

xoxo45

FX:USDJPY looking at the 4h,1h and DXY this play will properly take a while to hit. JPY seem bearish and will go down just a matter of time if the dollar keeps dropping.

xoxo45

Make or Break Zone 145.370 (just above 0.382 Fib) 145.760 (a minor resistance cluster) It’s a Critical Zone: This zone sits right around: 0.5 Fibonacci level (145.467): Often a strong inflection point. Previous structure resistance turned potential support. 🟢 If Price Holds: Bullish continuation is likely. Next targets: 146.220 (0.618) → 147.292 (0.786) →...

xoxo45

FX:USDJPY u cant always comment without sharing to the ppl, i learned from a friend that fip is king, so here is what i think could happen. If the DXY keeps dropping as it has. tbh anything can happen :-) stay safe

xoxo45 Updated 

Shows a bearish setup for USD/JPY on the 1-hour timeframe. We might reverse before going fully 140s, so thats why i think this is a little short settup.

xoxo45

This is my bias for London session and friday overall. USDJPY went down alot yesterday due today USA vs CHINA, dont think i have to explain anything. If sir Trump doesnt do some magic tomorrow we might hit and upward trend and reverse this bearish movement. 2 lines, 1 for resistance and the other for support. :-)

xoxo45 Updated 

* USDCAD faces a strong area of resistance. The resistance is visible at D1 timeframe, USDCAD is about to hit a major zone. *This resistance zone coincides with the +70 % - (Fibonacci area = D1 timeframe) , further compounded by the RSI indicating overbought conditions in the D1,4H,2H(+70) timeframes. * Overbought Conditions on 1D, H4 and H1 time-frames -...

xoxo45

Hello fellow traders. We have seen that USDCAD, has been going down a lot lately. looking at the 2H for EURCAD this recent uptrend in the EURCAD could soon shift if the price doesn't break the yellow support line. The red downward arrows indicate other zones that need to be broken before we go further down and maybe hit 1.458's Looking at 4H seems also to...