Hi guys its Brian here with an analysis of USDJPY. USDJPY has been getting hit hard recently so trying to go long can be pretty risky but I do see a potential price area that acts as support. This might be like trying to catch a falling knife so do it with caution and watch for reversal confirmations before entering to play it safe. I have identified a support...
Since we are finishing a month we will review the monthly graph. It is important how the monthly candle will close, I will not list every possible scenario, but if the candle closes green and closes above the red candle, this is definitely a bullish sign. You can see significant support at 105.3 and resistance at 114.9, as we are relatively close to the priority...
Here is my idea about the USDJPY based on my trading system. hope this helps and I'll be happy to hear about my mistakes!
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USDJPY: H4 - BEARISH TP: 106.9 - 100+ Pips #Forex @TradingView Point A: 108.3 Point B: 107.22 Point C: Entry - 108.18 Point D: TP - 106.9 SL - 108.55
The weekly trend is still negative The usdjpy is still below the 200 moving average line and below the Ichimoku cloud. A positive light end is last week's candle closed in the form of a star which can mark the end of the decline and change the trend to a positive trend. Careful investors are not yet advised to buy but yes to start tracking. Resistance at 108.35
#USDJPY #EURUSD Hello to all watching my charts If we have a closer look to USDJPY in my eyes its still a short position. If you have a very shorttime view you could find a small longchannel from yesterday evening and the new low 107.20 to the close of today at 107.70 but it seems to me that this shorttime long is very limitied until the pair will not...
#USDJPY # EURUSD Hello to all watching my charts Today we have an outbreak Long in USDJPY from the short trend since 12.7.19 Nice longsetup in my shorttime channelsytstem (Purple lines) and break out is also to check as brake out of the middleterm channel in blue since a few hors. We have a political driven week... Stay long Good trades If you want to...
USDJPY: Intra- BULLISH TP: 109.4 - 150+ Pips #Forex @TradingView Point A: 107.5 Point B: 109 Point C: Entry - 107.85 Point D: TP - 109.4 SL - 107.2
#USDJPY #EURUSD Hello to all watching my charts. Now we just mention a trendbrake of the week trend LONG at 108.11 Now trading at 107.98 If the pair will not come back soon we will se lower prices shure, cause chance of rebound is gone than. But maybe the pair climd back. So watch out now. ! Good trades If you want to support my work and my charts,...
#USDJPY #EURUSD Hello to all watching my charts. As we have some big movements in USDJPY i have added the now to my chartsview list. Different things here are to mention. 1. Longerterm we are still in a long trade so long as the lower blue trendine hold 2. Shortterm we are in a short mode since break aof the long trendline 10.7. So if the pair bounces up...
#USDJPY #EURUSD Hello to all watching my charts. As we have some big movements in USDJPY i have added the now to my chartsview list. Different things here are to mention. 1. Longerterm we are still in a long trade so long as the lower blue trendine hold 2. Shortterm we are in a short mode seind break aof the long trendline 10.7. So if the pair bounces up...
USDJPY: BEARISH TP: Intra to 107.6 - 100 Pips #Forex #FxProNow Point A LH: 109.9 Bearish Wick Point B LL: 107.9 Bearish Wick Point C Entry: 108.1 - Did not catch the right entry; I believed that price did not pull back far enough. Mostly because I thought the last LH at 109.7 was not a true lower high. Being the fact that price has close past the last level of...
Possible drop for USDJPY. I have been following this pair closely for a few months now and it has been acting throughout a descending wedge and I have been awaiting the breakout of the wedge and it has occurred today. The price has also been moving under both the 200 EMA and 50 EMA which also adds to the short bias. I have placed a long term trade with over 200...
Personally in my trading experience. If price gaps down on the open then price will continue to fall further, but if price gaps upward then price will also move upwards.
Hi guys its Brian here with a long opportunity for USDJPY. The current price for USDJPY is now in a strong historical support zone where we see that previously price has bounced off this support zone for 4 times in the past since 2017. USDJPY has also been making higher highs for the past few days and could possibly be coming out of the support zone soon. If...