Usdjpy All jpy pair touching their lows during last fundamental jpy broke its zone of 130 which was acting as a support for one month.Now for this week we can see price movement within a descending channel and very soon price will test again a solid support zone of 126. Where we will see a little bullish move upside but remember for good and healthy trend move...
USDJPY Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
USDJPY Short Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Thanks 😊
USDJPY Long R/R: 1:3 Feel free to share your opinions in the comment!
The USD JPY forecast has a !:5 RR setup. Entry at: 110.704 Target:109.714 Stoploss:110.962
USD/JPY started to fall from the 20th February of 2020. Right now, it's trying to reach 102.540 . It has to cross 103.300 - 102.900 to hit 102.540 . After crossing the 102.540, The trend will march to touch 101.200 . But if it starts to rise by breaking the resistance, then it will hit 104.740 - 105.300 .
The daily is turning up against the 3/09/2020 lows at 101.19. The 4 hour right side is down against 108.15. While below 107.54 the pair can see a swing lower toward 104.28 to correct the cycle up from the 3/09/2020 lows. Long USDJPY @105.35-105.20 Target: 106.00 Sl: 104.80 good luck !
The daily is turning up against the 3/09/2020 lows at 101.19. The 4 hour is turning down against 109.86. While below 108.17 the pair can see a swing lower toward 104.28 to correct the cycle up from the 3/09/2020 lows. Short USDJPY @107.35-55 TP: 106.50 SL: 107.88 Good luck
Potential deep crab on USDJPY. If Point C is broken then this structure is invalid. PRZ 119-121. Target 1 - 115, Target 2- 112.5
Technical 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 !
Technical 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 !
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 !