Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (104.2). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (79.8). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (123.8). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (104.7). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (104.20).
. 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (115.67).
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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (124.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (124.850).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (105.79).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
This is a Sample Forecast
Intraday Forecast
With 14 hours delay
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (105.5). 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 uptrend is expected.
.The...
Hi guys,
I took this trade a couple of minutes ago because it seems the pair is ready to push higher to its next resistance level which is a strong supply area (confluence zone).
Price is also currently above its pivot + VWAP.
I opened long my trade @ 135.740 and I will target the 136.400 area, so a potential 60+ pip trade.
If it breaks I will look for...
Hey guys,
Took a trade this morning on EUR/JPY. The reasons are the following:
- Resistance was broken and we see strong bullish candles on H1
- Price is above the daily pivot level, above VWAP and looks like it is also forming inside a flag
- The top of the flag is also a supply level = resistance
I am a buyer and will target 123.850 - 124.00 levels.
The...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (134.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Dollar against Japanese yen , have been bullish last week, during the initial phase of the week, it may see bearish moment due to Dollar weakness, again have a chance to bounce from the 105.200 area, may show the bullish at the starting of the October..
