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Usdjpy1hr

Bullish trend for now.As the hours came down to end this week. There was a hammer that bounced off the 0 using Fibonacci. First indicator is the hammer which means change in direction with leading towards bullish. 2nd sign is my bottom trend line which shows that everything is trending bullish for now. 3rd sign is the hammer candle hit the 0 on the fibs which will shoot it up. I would recommend to buy and then take profit at 104.46. At the 104.46 level I would wait for further confirmation. If it passes my trend line and retests above it then I will buy, but if breaks out bearish it could take it down to the 102.8 levels.
Long
by Plamen
Multi timeframe analysis on YEN vs USDhere is my take on this pair on 3 different time frames : Monthly : We hit a major trend line dating back to 2002. Considering this pair has been a bull since 2012. what we see here is basically a pull back that took place from 1/7/15 till today. if by any chance we break the trend line, then this pair shall be officially bearish and may go back to 2012 low''s. We also just got out of RSI oversold position. I doubt we are going to visit it again. my take is bullish unless we break the trend line. Daily : We have a small trend line break out, which is already broken in 4hr time frame and a bigger trend line which am expecting the price go to. Based on the analysis on the monthly, we should break the bigger bigger trend line too. but till we reach there I will remain bullish and watch for price action. We are also just getting out of oversold RSI territory and MACD shows bullish signs. 4hr : Minor trend line is broken, expecting a small pull back and movement to the upside at least to 107.450 This is just a analysis and my take on this pair, please do your own research before taking any positions or even considering to do so.
Long
by OG-Tellz
USD/JPY Long & Short IdeasPrice hit resistance level and retraced almost to 1st support zone, may go down to 0.5 then retrace if so look for the "Long" and enter around 109.956. Price may retrace 1 more time at the resistance level and come back down to 109.946 and if so, then you enter "Long". Look to hold position for the rest of the day unless a retracement is seen look to exit and re-enter on a "Short" until you see the retracement to enter "Long" If price breaks the support line going down continue on the "Short" trade
Long
by mrmyers3133
Daily Market Report - USD/JPY - 10th Feb 2016USD/JPY Japanese Yen sustain advance against most counterparts on safe-haven demand after global equity drop on Global Economy growth concern Market managed to break below 115.50 zone which add more pressure to sustain advance toward first target 113.60 As short-run sustain trades below 116.00-50 resistance zone expect farther drop toward 113.60 Mid-Run: market showing strong bearish signals after breaking below uptrend channel which may lead the mid-run toward farther drop toward 106.60 www.tradingsignalreviews.com
Short
by piponomics
3
Forex Market Analysis - 7th Feb 2016 The primary trend of USD/JPY is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is below 200 day SMA and 50 day SMA indicating downtrend of the pair. It is having an important level of 116.80. If it breaks its trend-line (black line) on the downside and sustains below it then we can expect it to show further bearish movement in the pair. If the pair breaks the level of 116.81, then we can expect it to test the levels of 118. INDICATORS:- MACD is sustaining in its negative territory although has crossed on the daily indicating a change in trend in the pair. RSI is leaving its selling zone indicating the upcoming bullish trend in the pair. STRATEGY: USD/JPY is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. Please like and comment your ideas and good luck! :) www.tradingsignalreviews.com
Long
by piponomics
1
USDJPY scenarios is this!We are long on a short term for a re-test of 119.95. (Today/tomorrow) if the price manage to take out the high 120.47 then short is not an option. After this we will sell the pair and we expect the price to decline again and give us a nice break of the 118.30. structure(sell-point) a break below this point, we will bring our stop firmly on the 118.20. After this we can look forward to 116.80 area. A break of 116.80 will further drag the pair towards a significant point of 115.50. This is the likely scenario according to the price action in the pair. Entry=118.50 stop = 118.25 Target=119.95
Long
by charts247
4
Long at USDJPY hope u enjoy this signal :)It is my frist time at a USD/JPY pair hope i get some $ :) At begining of February it looks like we got breakout but it is return to the mean. 1. Buy some pieces of position. 2. Set 2 or 3 stages of TP. 3. Set one stage of SL. 4. As u wish put some BuyLimit or BuyStop positions. 5. After Reach first stage TP close first piece of position, and change SL. I recomend to Buy at current pos +-0.1 . Also 1st TP at 18.300 second at 19.300 GL & HF :)
Long
by szczeepan
Long USDJPY – false breakout trade?As Market likes to trick people and after the break of 117.25-117.40 the only logical direction would be down, there might be the last trick to get the final weak shorts out before the final down move in the second half of the weak Similar to my EURJPY idea, I try a false breakout trade _______________________________ I did place a a limit buy order at 117.05, Risk-Reward = 5.0 SL@ 116.8 (-25), TP@ 118.30 (+125) When SL is triggered, the brave ones, might short with TP at 116.10, but I believe there is one more move up to let the break-out traders suffer _______________________________________________ Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Long
by fxstudent299
1
Short USDJPY – is it too obvious?- USDJPY seems to be caught in a pretty clear range on 4h and 1h charts - resistance zone is between 118.60 and 118.90 - support zone is between 117.25 and 117.40 The daily chart has lower highs and price is mostly below 20EMA (on 1d chart), so I would prefer to short in that range, close but not reverse the position near support and in case price falls below 117.25 wait for a pullback to reshort again _______________________________ I place a limit short order at 118.55, Risk-Reward = 2.87 SL@ 118.95 (-40), TP@ 117.40 (+150) __________________________________________________ Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Short
by fxstudent299
20
Short USDJPY – taking contrarian view with great R-RI took a short at 118.70, Risk-Reward = 6.5 SL@ 119.10 (-40), TP@ 116.10 (+260) ____________________________________ what if: a. BOJ does not pressure on Yen b. ECB gives more uncertainty the next day and stocks tank, then Yen could sour and USD should fall before Davos - from technical point of view a pretty easy trade as there is a false breakout over 118.70 and the next real support is at 116.05 - the volatility during the BOJ Press Conference could be a problem, as my SL is very tight ________________________________________________________________________________________ Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Short
by fxstudent299
1