Get started

USDJPY

💡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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
7
💡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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
USDJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said in the last weeks ..,as I said last week, the UJ is forcing the 0.5 Fibonacci zone, which it could retest in the next period. now it is in a period of range and I will wait to see how it closes this month! A monthly closure over Fibonacci 0.5 even for 1 day will make me think of BUY up to the Fibonacci 618 undfe area ... DOWN AGAIN! a rejection from the Fibonacci 0.5 area and a close below this area will keep my idea of SELL for at least 150-200 pips THIS WEEK...as I said ... UJ touched and forced the Fibonacci 0.5 area from where he had a strong rejection! even if he retested the area once more ... I think he will start a retreat first towards 109,700 and char 108,460! however, a close even for a day over Fibonacci 0.5 opens the opportunity to BUY to the Fibonacci area618 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
USDJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said in the last weeks ..,UJ forced the Fibonacci 0.5 zone from where it rejected and re-entered the range zone we were talking about in the past weeks! I still bet on a descent to the 108,460 area and from there UP AGAIN however ... a closure even for 1 day over the 111,000 area makes me think again of BUY up to the 12,800 area which is my final target for this period! THIS WEEK...as I said last week, the UJ is forcing the 0.5 Fibonacci zone, which it could retest in the next period. now it is in a period of range and I will wait to see how it closes this month! A monthly closure over Fibonacci 0.5 even for 1 day will make me think of BUY up to the Fibonacci 618 undfe area ... DOWN AGAIN! a rejection from the Fibonacci 0.5 area and a close below this area will keep my idea of SELL for at least 150-200 pips NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
USDJPY Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said in the last weeks .., UJ has forced the trend line formed in recent years and strongly rejected! UJ is in a range area between 110,200 and 108,200 but as you can see from the trend line for 1 week and from the Fibonacci for 1 month ... it is a lowering range reason why I will continue to look for SELL even if UJ will test the trend line again! | However ... a close even for 1 day above the trend line forces me to think of BUY until the Fibonacci 0.5 area from where ... DOWN AGAIN THIS WEEK...UJ forced the Fibonacci 0.5 zone from where it rejected and re-entered the range zone we were talking about in the past weeks! I still bet on a descent to the 108,460 area and from there UP AGAIN however ... a closure even for 1 day over the 111,000 area makes me think again of BUY up to the 12,800 area which is my final target for this period! NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS