USDJPY
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
Don't miss the great buy opportunity in USDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (106.95). 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 78.
Take Profits:
TP1= @ 107.45
TP2= @ 107.65
TP3= @ 108.00
SL= Break below S2
USDJPY LONG TRADE SETUPThe weekly right side is up against 75.57. The daily and 4 hour are turning up against the 3/9/20 lows. While a pullback remains above the 3/9/20 lows the pair can see another swing higher to correct the cycle lower from the 12/15/16 highs in the weekly triangle.
USDJPY ANALYSIS. IN B/W A ZONETHIS IS PURELY FOR STUDY PURPOSE.
AS OF NOW THIS STOCK IS CREATING A ZONE. SO WE HAVE TO BUY ABOBE THE ZONE LEVEL OR SELL BELOW THE ZONE LEVEL. NEVER BUY OR SELL IN BETWEEN THIS AREA.
FX:USDJPY
ALAWYS STUDY CHART TO EARN MORE. DONT TRY TO PREDICT THE MARKET.
USDJPY weekly analysis April 28 to May 1US Dollar against Japan yen reaches the end of downtrend , it may hit the support zone and do the reverse movement upwards this week. Hope USD will be strong to push the pair higher..
USDJPY Weekly analysisDollar against Japanese yen may go down from 108.00 to 105.900 in result of USD weakness, chances are there to bounce back from 106.00 to go higher prices
USDJPY SHORTResistance on the upper trenline of the wedge, clear short till the previous daily support zone.
Stochastics and Momentum indicators also indicating a sell.
USDJPY TRADE SETUP The weekly right side is up against 75.57. The daily and 4 hour are turning up against the 3/9/20 lows at 101.13. While a pullback remains above there the pair can see another swing higher to correct the cycle lower from the 12/15/16 highs in the weekly triangle.
Short term Signal
BUY USDJPY
@107.50-25
Target: 108.50
Sl: 107.00
Good luck !
Expecting the bearish move next couple of days.Expecting the bearish move next couple of days in the USDJPY. Looking more confluences to catch the move.
Don't miss the great sell opportunity in USDJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (109.19). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 108.67
TP2= @ 108.18
TP3= @ 107.00
SL: Break Above R2
