USDJPY
#M&M #MAHINDRA #M_M #BANKNIFTY #NIFTY #NSE #BSE #TRADINGM_M
Cmp: 506.60
Target 1: 520
Target 2: 545
SL: 494
USDJPY 4HR Analysis "SHORT" Hello Traders,My current analysis on this trade is really a good risk reward ratio 1:3 .As per last week analysis the price is currently sitting at a key support level and did not push further down.There a lot of buyers in the market currently which gives us a good opportunity to enter buy side at 107.41.Hopefully we close this trade on positive side.Please feel free to comment ask questions.
USD/JPNHello traders, here is the analysis from our team :
We like this area to be taken out then re bought.
Let us know in the comment section below if you have any questions.😉
USD/JPNHello traders, here is the analysis from our team :
We love this area. Number should be taken out first then re entered.
Let us know in the comment section below if you have any questions.😉
USDJPY Weekly forecast 29th to 3rd JulyThe 4 hour is turning up against 3/09/2020 low (101.19). 1 hour is turning down against 107.46 high. Near-term, while bounces fail below 107.46 high and more importantly below 109.85 high expect pair to extend lower to correct the cycle from 3/09/2020 low in 7 or 11 swings before upside resume.
Sell USDJPY
@108.10-55
Target: 105.00
SL: 109.50
Good luck
Long on the USD JPY The start of an uptrend is evident with support from the valid fundamental analysis that is against the US dollar.
Price should head up based on the breach of the critical minor support
Don't miss the great buy opportunity in USDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (107.0). 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 resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 107.55
TP2= @ 107.85
TP3= @ 108.20
SL= Break below S2
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USDJPY 1HRAbout me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor
USDJPY weekly analysis , June 15-19Hi Traders,
Wish you for the new week of trading , Dollar against Japanese yen have been bearish during last week, when it finishes on friday it came up to touch 107.600, where this same price zone acted as support for long time last few months now this area turned out to be a strong resistance zone . So this week USDJPY may be continues its bearish run till 105.900..
Note - Predictions based on pure technical analysis, Fundamentals impact also reflects in price movements..
USDJPY DAILYAfter price confirmation of reversal at the trend line there is a potential short with target price around zone 109.500.
Don't miss the great buy opportunity in USDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (107.9). 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.
. The RSI is at 41.
Take Profits:
TP1= @ 109.38
TP2= @ 110.16
TP3= @ 111.70
SL= Break below S2
❤️ 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 trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
USDJPY weekly technical analysis, May 25-29 USD against Japan yen pair, looks in control of sellers this week..108.00 has stays as a strong resistance zone for long time.. it may retest the area of 106.750 and reverse up at the final stage of the week.
USD JPY TRADE SETUPTechnical Analysis- The 4 hour is turning up against 3/09/2020 low (101.16). 1 hour is turning up against 106.71 low. Near-term correction against 3/09/2020 low is proposed complete at 105.96 low, while dips remain above 106.71 low and more importantly above 105.96 low expect pair to extend higher.
Long USDJPY
@107.10-107.00
TP: 107.80
Sl: 106.75
Good Luck !
Don't miss the great buy opportunity in USDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (107.5). 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 price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 108.10
TP2= @ 108.50
TP3= @ 109.05
SL= Break below S2
USDJPY NEW YORK TRADE SETUPTechnical Analysis-The 4 hour is turning up against 3/09/2020 low (101.16). 1 hour is turning up against 105.96 low. Near-term correction against 3/09/2020 low is proposed complete at 105.96 low, while dips remain above that level expect pair to extend higher.
BUY USDJPY
@106.85-70
TP: 107.55
SL: 106.40
Good Luck !
Don't miss the great buy opportunity in USDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (106.85). 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 resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 107.40
TP2= @ 107.75
TP3= @ 108.50
SL= Break below S2
USDINR levels for intra and swing levels are simple support resistance
and are marked for persoanl project study
one can learn from the same as well
