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JPY (Japanese Yen)

MarketBreakdown | EURUSD, AUDUSD, AUDNZD, CHFJPY Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ EURUSD daily time frame 🇪🇺🇺🇸 The market is currently trying to break a solid rising trend line. Its breakout – a daily candle close below will be a strong bearish signal and will most likely push the prices lower. 2️⃣ AUDUSD daily time frame 🇦🇺🇺🇸 AUDUSD is trading in a bearish trend. Since the middle of August, the market is consolidating, though. The price is stuck within a horizontal range on a daily. The pair is currently approaching a support of the range. Its bearish breakout will most likely trigger a trend-following movement. A daily candle close below that will confirm a violation. 3️⃣ AUDNZD daily time frame 🇦🇺🇳🇿 AUDNZD formed a bearish flag pattern. The price is currently approaching its lower boundary. Its breakout will be a strong bearish signal. 4️⃣ CHFJPY daily time frame 🇨🇭🇯🇵 The pair is trading in a long-term bullish trend. For the last 4 weeks, the market is consolidating within a horizontal range. After the last test of its support, we see a positive bullish reaction to that. The market will most likely keep growing to the resistance of the range now, while its bullish breakout will trigger a new bullish wave. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
3
Chfjpy holding current band should have more upside if reversedWill be looking at h1 to go on long. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
1
CHFJPY I Potential to correct lower but will go up short-termWelcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
1
CHFJPY What Next? BUY! My dear subscribers, My technical analysis for CHFJPY is below: The price is coiling around a solid key level - 164.29 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 165.55 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
CHFJPY A Fall Expected! SELL! My dear subscribers, This is my opinion on the CHFJPY next move: The instrument tests an important psychological level 1.6656 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 165.53 My Stop Loss - 166.98 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
CHFJPY H4 | Falling from 50% Fibo?Based on the H4 chart analysis, we can see that price has just reacted off our sell entry at 165.41, which is an overlap resistance level that aligns with 50% Fibo retracement. Our take profit will be at 164.47. The stop loss will be placed at 166.60 which is a swing high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
CHFJPY Buy?Let's attempt a slightly more daring trade on the CHF/JPY pair, with a 20-pip stop loss – a modest amount considering the potentially substantial gains. Please refrain from harboring excessive expectations for this trade or similar outcomes. This is meant to be a light-hearted endeavor before the week concludes. Anticipate a potential loss on this trade, so I strongly advise against a significant investment . To calculate a 1% stop loss of your balance, you use a lot size calculator. RR: 1:8.53
Long
by MogusD
Prime Target: Carry Trades - except for the USDJPY!Sure, the Yen is overly weak on a trade-weighted basis BUT it is the least weak versus the USD! E.g., For any intervention to be effective it ought target just about any other high yielding spread/pair EXCEPT for the USD! Having established that, it is still far more likely that any intervention would target the USD/JPY directly than the rest, if for no other reason but for its success last September (2022). (Last September, dollar longs were extremely overcrowded which amplified the effects of that intervention, and then most of the cash went into carry trades.) Times have changed, though, whether the BoJ will be willing to subscribe to that notion or not. (which is yet to be seen). OK, so where does this potential paradox (or rather, just a dichotomy? ;-) leave one, in trading terms? 1) If there ever was a right time to trade the Japanese Yen against a basket of it's counterparts, now would be it! (Work has almost completed on just such a basket this time with correct weighing. ;-) 2) FX options (especially Gamma changes) have been gauging the potential market effects of the BoJ's various jaw-boning attempts (most of which were summarily ignored by the markets) in support of the Yen, rather accurately. "If it ain't broke don't fix it." Stick with it! p.s. The CHF/JPY is a special case here (not quite a carry trade) as it's eye-watering rise is due to the same, deranged SNB policy which ended in tears, back in 1978-79. (... Switzerland slipping into a far deeper depression than it's trading partners, back then.)
by Nemo_Confidat
2