JPYUSD
A look ahead USDJPY forecast October 16 — 20, 2017Charges of the pai r usd/jpy close the buying and selling week near the location of 111.Ninety. The pair endured moving in the bearish channel. It's far expected to rebound from the higher boundary of the channel and retain falling into the place beneath the extent of 108.00.
In want of reducing the pair is a rebound from the resistance line at the indicator of relative power index (rsi). The cancellation of the autumn of the pair usd/jpy inside the current buying and selling week may be strong boom and breakdown of the 114.00 regions, with the intention to suggest the ongoing boom of the pair on forex. Assume to boost up the autumn is with the breakdown of the level of 111.50.
GBPJPYUpdated Chart, I accidentally put the title of my last one GBPUSD sorry!. You can check my analysis on that one.
JPY: Possible to form a long-term model of the head and shoulds.It is possible to form a long-term model of the head and shoulders with a target level in the area of the level of long-term support.
Buy usd-jpy - low risk big reward Trade SetupEntry: Today only: dollar is seen as a buy at market (112.85).
usdjpy is bullish and we will see more upward movement..
USD JPY - Analysis opportunity tradeHello, base on part of this instrument we expect to see reaction of the past movement but we should be considering this may be a trick for trend, we will wait to see clearly breaks of strong level and then we will find a right position
Good luck! :)
USDJPY Buy AnalysisThere is everything on graph :)
Good luck.
I added Turkish version of this expectation.
Bonds and Gold and Yen are the same tradeVery high correlation btw EUBUND, TLT, JPYUSD, and Gold... time to go long all. With iron ore and industrial commodities starting to sell off, expect lower yields everywhere. SPX is also at risk! due to very high correlation with USDJPY
JP225USD is testing upward resistanceAfter breaking downward from a descending triangle, JP225USD rallied with all the other global equities. It has shown some resistance at $19,900 which was a former support. If it breaks down, JPYUSD and XAUUSD should rise. Conversely, If it breaks up, JPYUSD and XAUUSD should fall. I will watch the Japanese open and decide whether to go long or short on these trades.
JPY: Two scenarios.The JPY rate is in the region of long-term support. There are two scenarios. First: breakdown of the level of support with further movement down to area 102. Second: return to the level of resistance to the area of 114.50. Due to the situation with the stock indices and the GBP/JPY cross, the first scenario is more likely. A good entry point for opening a short position yet. Must wait. If there are signals in favor of the second scenario, the support level of 108.08 will be the price for the stop order.
USDJPY potential rebound to 110.885?USD on a potential uptrend already hit support so far, might be time for the next reversal.
EUR/JPY climbs to 129.46Daily outlook - EUR/JPY climbs to 129.46
An early hours of Monday’s trading session revealed that the EUR/JPY currency pair has successfully used an upside moment that was created by a release of data on the US CPI last Friday to surge not only to the 129.46 level, but climb even a little bit higher.
In theory, the pair has a chance to gain a foothold at the monthly PP at 129.78.
However, three red candles in a row combined with the CCI and RSI technical indicators suggest that the pair has reached already its maximum and now will start to decline.
If this assumption is true, then the minor overstep beyond the above 129.46 mark simply represents a bearish fakey pattern.
This scenario is, generally, supported by the market sentiment, as 68% of traders continue to hold short positions on this currency pair.
AUDJPY Daily bullish signal. Logistic Wealth Management
Strategist-Tanner Elphee
7/24/17
AUD/JPY
Forming tonight on the Daily chart is, what I know them as thanks to Trade With Precision, a PLT trade.
PLT - Precision life trade.. Or BLT (Bacon Lettuce Tomato.) The thing I love about these: they are very simple and straight forward. Just set and forget it. They require no market bias and no understanding of funnymentals (news).
Once the trade is placed there is no point in even watching the chart. Just check in on it every evening... Simple is better, and as Vera teaches us, less is more :)
Our setup candle is looking solid with a high of 88.271 and a low of 87.650.
Putting our initial entry at 88.274
Stop at 87.647
Target at 88.901
Secondary entry being taken halfway to the stop
Entry 87.961
Stop 87.647
Target 88.901
Will raise entries at close of bar. I understand this trend is looking exhausted and has officially formed a three wave thrust. However price is looking reasonable up here and we are clustering at a major level of support.
Comment, like and subscribe! I'm always open to others opinions!
Disclaimer: Trade at your own risk. LWM is a fictional trading firm at this time. Patent pending.
JPY: Buy setup.Buy in the region of an upward support level in the hope of forming a long-term uptrend with a target in the region of long-term resistance level.
How to Profit on GeopoliticsThere is a new topic in the market – geopolitics. And I know how to take profit on that! In the moments like this the market is focused on such safe haven assets like CHF, JPY, USD and gold. At the same time risk assets like RUB, AUD, NZD come under selling pressure. And this understanding will help us to find interesting crosses.
So, yesterday, Donald Trump promised to hit North Korea with fire and fury in case of any signs of danger to the USA. A couple of hours later we learnt that the KPA strategic force was now carefully examining the operational plan for making an enveloping fire at the areas around Guam with medium- to long-range strategic ballistic rocket Hwasong-12 in order to contain the US major military bases on Guam.
If the speculations keep going and the escalation is rising, the crosses like AUD/JPY have all the potential to fall further. Forthepairtheinitialtargetmaybefoundat 86.00 followedby 85.60.
JPYUSD/USDJPY, Yen Signals higher The Japanese Yen gaining short-tern strength. Close Gold Correlation.
JPY: Continuation of the uptrend.Long-term consolidation is broken up. It makes sense to consider the possibility of opening a long position with a target in the area of long-term resistance level of 118.66. The situation with the Nikkei index was not in favor of a long position in the yen. Correlation of the index and the yen is still preserved. But if the dollar strengthens against all major currencies, there will be a sense in opening a long position.
JPYUSD is breaking down out of a wedge.See chartwatchers www.tradingview.com ideas on gold. I went short on a JPYUSD future and short on an XAUUSD future last night. A rising DXY drives this.
DXY is turning up off its trend line. DXY has had a big decline. If this upward turn continues, it all affect gold, multiple currencies, and other commodities. I went long UUP in my 401k Friday, June 29,2017. I went long on the DXY future last night.
