NZD-JPY Ultra Risky Long! Buy!
Hello,Traders!
NZD-JPY is retesting a horizontal key level
And because the pair is locally oversold
I think that we might see a bullish correction
From the level towards the local resistance above
Buy!
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Japaneseyen
✅GBP_JPY NEXT MOVE|LONG🚀
✅GBP_JPY is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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NZD-JPY Bearish Bias! Sell!
Hello,Traders!
NZD-JPY is trading in a downtrend
In a bearish triangle pattern
So I am waiting for the bearish breakout
Of the horizontal key level
To see the pair go further down
Towards the target below
Sell!
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CAD-JPY Bearish Breakout! Sell!
Hello,Traders!
CAD-JPY is trading below a local falling resistance
And after the pair retested the resistance
It broke out of the rising channel
Which made me bearish biased
And I am now expecting the pair to fall
Towards the local support below
Sell!
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NZDJPY: Bullish Continuation From Key Level 🇳🇿🇯🇵
NZDJPY has recently broken and closed above a major weekly level.
Now we see its retest.
Watching how the price reacts to that structure on intraday time frames,
I spotted a cute double bottom formation on 1H.
I believe that soon the pair will reach 85.25 / 86.25 levels.
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EURJPY retraced above 21-EMAEUR/JPY holds gains above 5-DMA, euro ignores disappointing German factory data
EUR/JPY downside on account of bearish RSI divergence has retraced above 21-EMA. Major trend in the pair is bullish.
Retrace above 21-EMA has raised scope for upside resumption. Next major bull target is 140 (yearly high).
USDJPY grinds sidewaysUSD/JPY grinds sideways amid pre-Fed trading lull
The major grinds sideways as traders stay wary amid pre-Fed trading lull. Some consolidation ahead of the potential breakout.
Technical indicators support the current bullish stance. A hawkish outcome from the Fed will propel the pair higher.
USD-JPY Will Go UP! Buy!
Hello,Traders!
USD-JPY is trading in an uptrend
In a rising channel and now the pair
Is about to retest a support cluster
Of the rising support line
And the horizontal support level
Which reinforces our bullish bias
And I think that there is a good chance
For us to see a move up inside the channel
After the pair retest the support cluster below
With the target being the rising resistance of the channel
Buy!
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