We can take long position in USDJPY as it has given a hammer pattern and has closed at very good price so from current levels we can see a sharp spike up to 140 with SL below 129.20 and we can expect a target of 3-4:1.
I AM VERY BEARISH WITH SWISS FRANC AGAINST JAPANESE YEN THIS IS 4H ANALYSIS
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Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (147.220).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (83.310).
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...
⬆️Buy Audjpy now 92.940
⭕️SL @ 92.120
🔵TP1 @ 93.554
🔵TP2 @ 94.508
🔵TP3 @ 95.462
🔵TP4 @ 96.642
🔵TP5 @ 97.550
Audjpy long analysis done by Manpritfx
What are these signals based on?
Technical Analysis, Price Action Candlesticks, RSI, Moving Average.
If you liked our ideas, please support us with your likes 👍 and comments.
Last Thursday was an incredibly volatile trading session for the USD/JPY . This volatility was largely caused by the Bank of Japan's (BoJ) intervention in the currency markets to defend its depreciating currency, the Japanese Yen. Last week’s move was the first time since 1998 that the BoJ had intervened.
There are some parallels between 1998’s intervention and...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (108.33).
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 above the 21-Day WEMA, which acts as a...
For now, it is premature to talk about changing the trend to a downtrend. The key factor for future growth will be overcoming the level of 3052545, pro-trading, consolidation and further impulses can continue the upward trend, for now, it is worth watching the situation’s development.
Altcoins
There were no significant changes in Thronw, the instrument continued...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (105.60).
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 above the 21-Day WEMA, which acts as a...
Trading Setup:
There is a Trading Signal to Sell in USDJPY Currency Pair.
Traders can open their Sell Trades NOW
Rank : ⭐️⭐️
⬇️ Sell now or Sell on 137.52
⭕️SL @ 138.32
🔵TP1 @ 136.01
🔵TP2 @ 134.46
🔵TP3 @ 131.01
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger...
Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 3286900. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation.
Altcoins:
Tron also continued to consolidate, which indicates the levels formed by a...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (84.44).
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...
In 4hrs timeframe it has formed double top kind of formation and the neckline has been broken. Now the neckline is being retested again and it is facing resistance there.
One can look for the short at this point for the TP1, TP2, TP3.
