J-jpy
💡Don't miss the great sell opportunity in NZDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (76.91).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 76.17
TP2= @ 75.77
TP3= @ 75.26
TP4= @ 74.60
TP5= @ 73.94
SL: Break Above R2
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NZDJPY Impulse - Correction SpottedNZDJPY potential buying opportunity, the weekly chart shows an impulse - correction pattern, after every impulse & correction next impulse is formed.
Things to consider:
1. Strong weekly impulse followed by short term correction
2. Correction wave retraced 0.382 Fibonacci level and rejected 2 times
3. Price is moving up from strong weekly support
4. COT data:- NZD - 1k ⬇️ JPY - 61k ⬇️ (overall price will go up since JPY is much weaker than NZD)
How to enter:
1. Study the chart provided
2. Locate all the important prices
3. Tommorow when market is open find best entry on 4hr timeframe
4. Stay tuned for sniper entry on Monday
ALL THE BEST!
EURJPY Strong Sell (multiple reasons) 📉EURJPY strong sell now!
Things to consider:
1. Channel formation on daily timeframe
2. Bearish momentum (check MACD & MAs)
3. COT report :- 1. EUR - 33k ⬆️ 2. JPY - 61k ⬇️
How the enter:
1. Study my analysis
2. Locate all the important price areas
3. Entry level is already hit so enter on monday when market is up
4. SL, TP 1 AND TP 2 are given in the chart
5. 2+ Risk:Reward
ALL THE BEST!
SELL AUD/JPY Potential down move on AUD/JPY 📉
Things to consider:
1. Triangular Formation
2. MACD and price downward momentum
3. COT data shows AUD is being short and JPY is also being short so overall strong down movement upcoming
How to enter:
1. Entry after the weekly resistance is broken
2. Entry should be on 4hr timeframe for better R:R
3. Enter when storng down momentum starts
PRICE ACTION SETUP FOR USD/JPYFX:USDJPY
Market is Ranging between 110.358 and 110.051
There is a Buying Opportunity above 110.385
And a Selling Opportunity below 109.989
Wait unlit it breaks these levels or 30min candle closes above this levels.
Trick :
For impulse entry trade at London or NY Timing,
When 30min candle cross these levels switch to 1min or 5min time frame for best entry!
Trade at your own risk
💡Don't miss the great sell opportunity in USDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (109.53).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.
Take Profits:
TP1= @ 109.31
TP2= @ 109.06
TP3= @ 108.81
TP4= @ 108.63
TP5= @ 108.39
SL: Break Above R2
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💡Don't miss the great sell opportunity in SGDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (80.89).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SGDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 20.
Take Profits:
TP1= @ 80.04
TP2= @ 79.81
TP3= @ 79.68
TP4= @ 79.29
TP5= @ 79.01
SL: Break Above R2
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💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (119.80).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 119.56
TP2= @ 119.01
TP3= @ 118.86
TP4= @ 118.61
TP5= @ 118.41
SL: Break Above R2
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💡Don't miss the great sell opportunity in USDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (110. 40 ).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 24
Take Profits:
TP1= @ 109.98
TP2= @ 109.73
TP3= @ 109.53
TP4= @ 109.22
TP5= @ 108.92
SL: Break Above R2
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💡Don't miss the great sell opportunity in SGDJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (81.50).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SGDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 38
Take Profits:
TP1= @ 81.350
TP2= @ 81.180
TP3= @ 81.060
TP4= @ 80.840
TP5= @ 80.630
SL: Break Above R2
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💡Don't miss the great sell opportunity in USDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (110.31).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 24.
Take Profits:
TP1= @ 109.72
TP2= @ 109.27
TP3= @ 108.96
TP4= @ 108.55
TP5= @ 108.32
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (153.09).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 152.59
TP2= @ 152.31
TP3= @ 151.90
TP4= @ 151.30
TP5= @ 150.89
SL: Break Above R2
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💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (83.33).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.
Take Profits:
TP1= @ 83.03
TP2= @ 82.67
TP3= @ 82.50
TP4= @ 82.34
TP5= @ 82.15
SL: Break Above R2
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💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (89.68).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 29.
Take Profits:
TP1= @ 89.44
TP2= @ 89.24
TP3= @ 89.04
TP4= @ 88.89
TP5= @ 88.70
SL: Break Above R2
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Trade well, ❤️
ForecastCity English Support Team ❤️
Sell USDJPYHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price has hit its RESISTANCE and is falling down.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand.
So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.