FX_IDC:JPYUSD FX:USDJPY Japanese Yen about to fly, fasten your seatbelts, and enjoy the ride. Risk-OFF trade is coming. Generational Wealth awaits.
ST Trade idea A break to either direction, we do have US data coming in the afternoon that could perhaps shifts gears for yen and we have BOJ's Kuroda will be at Jackson Hole: Joins the confirmed CB list of Bailey and Schnabel. No Lagarde appearance though apparently. Full agenda will be released tomorrow evening. Keep an eye out and alerts at the ready! Best, TJ
Time Frame: 4H Symbol: JPYUSD Entry: 0.007766 TP: 0.007400 SL: 0.007998 Bias: Short In spite of some trend corrections, our bias is still bearish. We need to find an window of selling opportunity.
Repeating pattern of bullish divergence leading to sharp short-mid term rallies.
Time Frame: 4H Symbol: JPYUSD Bias: Neutral We do not see any specific pattern for bullish or bearish opportunity. Though overall market sentiment reveal a bearish bias, the set ups are not very strong and therefore our bias is neutral as long as we do not see any high probability set up.
Time Frame: 4H Symbol: JPYUSD Bias: Neutral Currently JPYUSD is in a neutral position. We do not see any high probability buy or sell opportunities here. We have to wait for a good working opportunity .
Time Frame: 4H Symbol: JPYUSD Entry: 0.008469 TP: 0.008296 SL: 0.008587 Bias: Short The current price pattern of this pair suggests a bearish move. We cannot expect any high probability move here but a weak and short term momentum trade can be catapulted with caution using the current opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008619 TP: 0.008525 SL: 0.008695 Bias: Short This instrument is range bound and the instrument is now testing the support levels. Due to strength of the pairing currency, the price may go further down creating a short opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008626 TP: 0.008561 SL: 0.008687 Bias: Short JPYUSD is is bearish. The pair is tilting down to its main course. The bearish trend will continue further once it breaks its zone.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008645 TP: 0.008570 SL: 0.008710 Bias: Short The pair is trending bullish but the bias is not very strong. We expect an opposite move from the current price context as we see it will be difficult to pair with dollar for many fundamental and technical reasons such as investor sentiment ,safety and security.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008637 TP: 0.008560 SL: 0.008703 Bias: Short The momentum and trend of the instrument is showing a bearish bias. We can expect a short trade from the current price context. We are expecting a bearish move according to our projection.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008675 TP: 0.008598 SL: 0.008729 Bias: Short For JPYUSD we are planning a short trade. There is a high probability of going short for a short time . As the major trend is bullish any counter trade against the trend should be handled carefully.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008707 TP: 0.008775 SL: 0.008647 Bias: Long The long bias will continue for this pair. A buy trade can be expected from the current price pattern. Any trade should be taken carefully.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008652 TP: 0.008721 SL: 0.008596 Bias: Long For this instrument, our bias is long as we see the price rate of change and the dynamic support analysis confirm that there is a greater chance of going long.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008717 TP: 0.008785 SL: 0.008658 Bias: Long We are biased bullish for this pair. Currently the price action reveals a high probability buying opportunity. Given the present condition of price changes, the established trend will continue.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008691 TP: 0.008760 SL: 0.008641 Bias: Long Currently the price pattern of JPYUSD is showing a bullish bias. We can catapult a good long move from the current directional move.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008707 TP: 0.008766 SL: 0.008658 Bias: Long This pair is trending bearish but the short term trend is bullish . Considering the current price action and the pattern, we are projecting a short term long trade.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008690 TP: 0.008777 SL: 0.008623 Bias: Long JPYUSD is showing a bullish continuation. The price patterns are demonstrating a bullish bias. As this is a counter trend, any trade must be taken carefully.