JPYUSD
USD -JPY long term short on montly - bullsih on 4 hourIf we see for long term prospective the trend is bearish .
it has to come down a lot .
but it will fall down with lot of ups and down .
for short term -> can long upto max 111.477 but take care it can rebound back from 110732 and strong sell can be seen .
if it breaks 109.702 then short the pair. take care of 108.797 strong area can long and get some pips till 109.627 and then again strong sell may happen.
Analysis is done on the gan fan , fibo and price action.
enjoy :)
safe trading
USD/JPY — Bullish Bias With A Major Obstacle NearbyThe relatively easier gains in the pair have been made and it should get much harder to make progress from here on out even if the signals via the DXY and US fixed income continue to support the buying on dips campaigns based on the universal 5-DMA upward slopes we are seeing. The acceleration from Friday stopped on its tracks around the 109.80, with the close unable to achieve any higher levels. This is significant as the level coincides with the backtest of a major swing low from back in Aug 21st now turned resistance.
ETH Bullish and Bearish scenario TA and targets- QuantRsi 1D+12H- I apologize for the chart formatting, TradingView needs to add a preview button and allow chart manipulation during a preview stage. I'm using multiple monitors and the charts looks great until it gets published...
I feel like any bearish sentiment will be wildly unpopular, however the technicals indicate that ETH may be on the brink of slipping into a bearish formation with the potential for a big slide.
That said, there is also the possibility of consolidation and continuation to higher highs, with some pretty bullish short term targets.
Here are my targets and some narrative into how I'm using the QuantRsi and Heffae Cloud indicators to establish these levels.
Refer to the chart and related ideas for reference! Happy trading!
USD/JPY - Selling On Strength Favored As Risk DeterioratesOnce again, the pair saw a vigorous rejection away from a key area of support circa 112.20-30. The correlations continue to provide with clear selling signals as both the risk profile and the US vs JP yield spread keep deteriorating dramatically, suggesting a fair value of sub 110.00 in USD/JPY.
The absorption out of the daily chart is notable, but with sellers still drawing the line in the sand at the topside of the hourly range around 112.60, they remain the clear side in control. Selling on strength at key liquidity areas continues to be a strategy that should keep sellers ‘on the money’ as long as the divergence in valuations remain as clear as they are. If the follow through doesn’t abate, 112.00 and 111.80 are the next objectives to aim for by sellers. Overall, the market still remains in gamma scalping mode judging by the impl vs hist vols, so be aware of fading moves at the edges.
#GBPjpy -- All I want for Christmas is 200 pipsPrevious target level / area was achieved.
This weeks plan:
Expecting the base of last weeks LO's to hold and make moves upwards towards the area between 144.10 and 144.50. All depending on if 143.00 or higher can act as support.
With the momentum needed for this move up, there may even be enough to reach the 146.00 level (Bonus).
Million Dollar Tip: If you're wondering why 143.00 didn't hold the first time and what makes it possible now? Price usually oscillates around certain levels before it shows you what it's going to do next.
USDJPY bear flag breakoutFriday at the close there was an attempt to break up but instead it got rejected and sold of. Now that trend line have been broken and we got a sell signal on the 4H candle as well. If we open around the current price i might short it with a half size and wait and see how things go first. We can still see a retest of that former support line. I want to see that retest succeed first before entering the other half. I have 2 targets, the second one is the blue circle.
Previous analysis: Here you can see why a successful retest is important.
USDJPY Warming up for a stop run and then DUMPThe Samurai are planning a surprise attack on Dixie.
So we have:
- A few highs resting just below a significant breaker (or just plain broken support that should now be resistance), creating a liquidity pool just above them (everyone who went short around this level now probably has their stops above that high.
- Void left by the inefficient move down
- Confluence with DXY since it broke some lows recently, making it more bearish .
- The breaker I outlined above falls right on the .705 fib retracement for this whole move.
This makes it a perfect candidate for a short play once it reaches that .705 level.
I can see two targets here with decent R/R ratios, marked on the chart.
Original idea by Svarog
USD/JPY, Daily Chart Analysis 10/26Technical Analysis and Outlook
The Yen finished slightly higher coming from of Mean Support 111.7 7 while progressing to major Key Support 109.54 , as well as Currency Dip 109.80 , while the upside re-performing Dead-Cat-Bounce to Mean Resistance 112.82 is very unlikely.
Range trading: Forex as for 26/10/2018Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1303
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.1281
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.1259
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1435
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1457
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1479
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2726
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.2701
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.2675
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2910
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2936
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2961
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 111.79
Long position 2
(The price today will not fall below this mark with a probability 95%) 111.57
Long position 3
(The price today will not fall below this mark with a probability 99%) 111.36
Short position 1
(The price today will not rise above this mark with a probability of 68%) 112.77
Short position 2
(The price today will not rise above this mark with a probability of 95%) 112.99
Short position 3
(The price today will not rise above this mark with a probability of 99%) 113.20
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.
USD/JPY testing support line - Opportunity to go Long!Hey guys - In this chart you can see that USD/JPY is supported by a strong horizontal support and a potentially strong upward trend-line. Keep an eye on this key area for your entries.
My entry will be at 111.7 - I will be looking for a take profit of 114.0, however it has potential to rise higher than my TP - I will place my stops just below this support zone at roughly 111.3.
Although this technical analysis seems to be pointing in one direction - BE CAREFUL - We do not yet know whether the dollar has finished its correction cycle.
This is not investment advice. Losses can exceed initial deposits in trading. Good luck!