Usdjpysignal
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.
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.
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.
USDJPY LONG TRADE SETUPThe daily is turning down against the March highs at 111.68. The 4 hour is turning down against 106.11 October high. While below 105.34 the pair can see further weakness toward 102.50 to 102.00 before a bounce corrects the cycle from the 106.11 October highs.
LONG USDJPY
@104.50-104.20
TP: 106.00
SL: 103.80
Good luck !
USDJPY LONG TRADE SETUPThe daily is turning down against the March highs at 111.68. The 4 hour is turning up against 104.15. While above 105.16 where the hourly is turning up the pair can see strength higher toward 107.50 to correct the cycle lower from the March highs.
Long USDJPY
@106.10-105.90
TP: 107.00
SL: 105.68
Good luck !
USDJPY Long Trade SetupThe 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 !
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 !
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 !
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 !
USD/JPY turning down !USDJPY The 4 hour right side is up in a bullish sequence relative to the 109.69 low of 3/24/19. Near term the 1 hour is turning down correcting the cycle up from the 3/24/19 lows before a turn back higher.
Sell USD/JPY
@111.00 /111.10
target: 110.60/25
Stop Loss: 111.40
Good Luck !