Japaneseyen
NZDJPY - Bullish Falling Wedge 📈
As We Talked in The Previous Analysis:
On The Weekly Time Frame The NZDJPY Price Reached a Major Key Level !
Currently, The Price formed a Falling Wedge Pattern 📈
The Resistance Line is Broken
So, I Expect a Bullish Move 📈
i'm Waiting for a Retest...
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TARGET: 83.630🎯
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USDJPY Under Pressure! Sell!
My dear subscribers,
USD/JPY looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 132.6.
Bias - Bearish.
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 131.9
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EURJPY Will Fall! Short!
Please, check our technical outlook for EURJPY.
Time Frame: 12H
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 143.6
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 142.0 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
The term Oversold describes a period of time where there has been a significant and consistent downward move in price over a period of time without much pullback.
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USDJPY - BULLISH FALLING WEDGE 📈On The Daily Time Frame The USDJPY Price Reached a Major Key Level !
Currently, The Price formed a Falling Wedge Pattern 📈
The Resistance Line is Broken 🔥
So, I Expect a Bullish Move 📈
i'm Waiting for a Retest...
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TARGET 1: 132.420
TARGET 2: 134.140🎯
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EURJPY: Detailed Structure Analysis 🇪🇺🇯🇵
Here are my latest structure analysis for EURJPY.
Support 1: 138.80 - 139.25 area
Support 2: 137.38 - 138.18 area
Resistance 1: 143.19 - 143.6 area
Resistance 2: 145.00 - 145.58 area
Resistance 3: 146.40 - 146.7 area
Consider these structures for pullback/breakout trading.
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NZDJPY - Waiting For a Breakout 🔥On The Weekly Time Frame The NZDJPY Price Reached a Major Key Level !
Currently, The Price formed a Falling Wedge Pattern 📈
So, I Expect a Bullish Move 📈
i'm Waiting for a Breakout on The Resistance Trendline 🔥
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TARGET: 83.630🎯
________
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Japanese Yen has left wedge and can continue to move upwardsHello traders, I want to share with you my opinion about Japanese Yen. Looking at the graph, we can see how the Japanese yen formed the seller zone 137.40-137.90, which it re-tested and began to decline. The price continued to decline, broke through the support level 131.65 and over time was created a downward wedge. After several failed attempts to break through support line of wedge, the price has risen to a resistance level that coincide with support line of wedge. We see that after a small correction, the price continued to rise, broke through the resistance line of wedge and level 131.65. Currently, the price is above the current support level, but can go down, and retest it. I think that price can continue to move up and break through resistance area. So I set targets for Japanese Yen in zone 132.65-133.00 and at resistance level 133.85. Please share this idea with your friends and click Boost 🚀
CHFJPY - New Breakout !HELLO TRADERS💖
On The Daily Time Frame The CHFJPY Price Reached A Major Key Level !
Currently, on the 1h Time Frame The Price Broke The Support Trendline.
So, I Expect a Bearish Move 📉
i'm waiting for a retest...
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TARGET: 141.365🎯
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HelenP I Japanese Yen can to rise resistance level 132.95Hi folks, today I'm prepared for you JAPANESE YEN analytics. After a fake breakdown of the resistance zone, the Japanese Yen re-tested it and began to fall. The declining price formed impulse waves of Elliott. So far, the price has already completed the 5th impulse wave of Elliott and began to rise, creating a support zone 130.50-129.50. The Japanese yen made a small correction, tested the support zone, and increased. Now the price is trading above the support zone and may continue to move up. Therefore, I set the target at level 132.00 and resistance level 132.95. If you like my analytics you can support me with your like/comment ❤️
GBP-CHF Giant Narrowing Wedge! Sell!
Hello,Traders!
GBP-CHF is trading in a giant
Narrowing wedge as you can
Clearly see on the chart and
The assumption is that
The pair will keep trading
Inside this wedge until
There is a confirmed breakout
Thus, as the price is headed up
To retest the falling resistance
I believe that after the retest
We are likely to see a pullback
And a move down towards
The rising support but to
Be safe lets say that the
Target is at around
160.530 level area
Sell!
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Check out other forecasts below too!
USDJPY: Key Levels to Watch This Week 🇺🇸🇯🇵
Here is my latest structure analysis for USDJPY.
Resistance 1: 132.46 - 133.25 area
Resistance 2: 135.0 - 135.8 area
Resistance 3: 137.36 - 137.9 area
Support 1: 129.64 - 130.7 area
Support 2: 128.09 - 128.7 area
Support 3: 127.2 - 127.8 area
Consider these structures for pullback / breakout trading.
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✅NZD_JPY STRONG BREAKOUT OF SUPPORT THUS SHORT🔥
✅NZD_JPY is falling in a downtrend
So the breakout of the support
Didn't surprise us but on the
Contrary it has reinforced
Our bearish biased on the pair
Which means that after
The pullback and retest
We are likely to see
The price going lower
SHORT🔥
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CADJPY Confirmed sell.The CADJPY pair broke below the January 19 Low and the Arc pattern is giving the same confirmed sell signal it gave on November 11 when this multi-month downtrend had started. Even though the downside may be quite significant if it imitates the whole November - December move (-14.22%), we will target 90.000, which is the top of the 1 year Support Zone, slightly above the 1W MA200 (red trend-line).
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CHFJPY - Break of Structure 🔥📉on The Daily Time Frame, The CHFJPY Price Reached a Daily Resistance Level !
Currently, on the 1H Time Frame The Higher Low of the bullish structure is Broken (Break of Structure) and now we have a new Lower Low🔥
So! I Expect a bearish move 📉
i'm waiting for a retest...
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TARGET: 141.370🎯
___________
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