Hey traders, USDJPY was trading in an uptrend but successfully managed to break it out as the environment of USD continue weakening. Fundamentally there are high expectations on a less restrictive monetary policy from the US as inflation tensions have eased. in a second point JPY is considered a safe haven with current banking sector crisis. Technically we will be...
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 133 zone, USDJPY was trading in an uptrend and successfully managed to breakout the trend and now seems to be in a retrace phase. i would set 131.7 as a target if bears are confirmed as it's considered the next major Support zone USDJPY will be facing. Trade safe, Joe.
Hey Traders, USDJPY is trading in a descending channel and extending pullbacks seems to be approaching the channel resistance around 131.7 Supply and demand zone. if the rejection is confirmed i would set the channel support as a target around 127.500 zone. Fundamentally JPY is considered a safe haven with current banking sector crisis and BoJ monetary policy...
Hey Traders, USDJPY was trading in an uptrend, but after Friday's NFP data USDJPY managed to breakout the trend and now in a correction phase. i expect USD to be more weak in the short term until the release of CPI data by Tuesday so we can have a more clear vision of fed monetary policy. High CPI indicates more of a restrictive monetary policy so more of a strong...
Hey Traders, as DXY rejects 105 zone on the related idea we see a strong potential that USDJPY should breakout the uptrend, in case of this scenario i will be monitoring potential retrace short around 136 zone which got rejected multiple times in the past. Trade safe, Joe.
This video is part 3 of a series of videos today showing the entry criteria being met for USD/JPY short setup in the New York session. A micro-management video will be on the way as part 4.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 132.8 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 132 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring USDJPY for a selling opportunity around 136.9 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 138.9 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 141 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
My First Post!!! Looking for sell setups on USD/JPY around the 143.350 price level. if price drops to 142.450, ill buy a long setup and ride it out to 143.350 and take profits and open a sell trade once i see rejection from 143.350 resistance. Its 's also a possibility it reaches the price 146.800-147.000 from the high in 1996. This opportunity comes once in a...
with the dollar looking too loose some strength this week and how horrily weak the jpy pairs have been, it makes sense we see a Correction with the USD/JPY pair looking to enter shorst at this bos area we have a clean retest and rejection from also as shown in the image we can see clearly we had a Backtest retest rejection of the DBL trend now this would have...
Hey traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 136.1 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 135.5 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 128 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Usd/jpy short , it's time for correction a little bit , near 0.5 fib. Retracement