Get started

Usdjpybuy

USDJPY H4 FORECAST BUY 1.5R TARGETWe consider to buy this pair because the New Jerusalem Ultimate Band Indicator signal line is very bullish though it suggests that there might be a short pull back and then the price will continue to shoot up before we get stopped out. Also the price has attained a strong support from the New Jerusalem Band Indicator lower line suggesting a strong bullish move awaiting the market to open so that it may continue to manifest. We manage and protect our capital buy using a reasonable lot size and not to risk more than 2.5% of our capital and we open one position only until we hit our profit target. Our exit levels are as shown on the chart. Wish you a successful week ahead.
Long
by Piptera-Digital-Solutions
3
UsdJpy to resume its uptrend?In yesterday's comment, I said that the long-term trend for UsdJpy is clearly up and the drop from 111 is just a correction. Yesterday the pair has finished the day very strong and closed above the important 108.30-108.50 important zone, confirming a false break A small retracement could follow at this point and this could be a good opportunity for bulls to open longs As I said, 108.30-108.50 is now support, and bulls can have 111 as a target
Long
by Mihai_Iacob
8
Low risk buy set-up for USD/JPYOverview - USD/JPY is trading in a small range over the last few days. However, it seems that a big move may happen very soon. Let us take a look at a low risk buy set-up. Analysis - From the chart, you can see that price is in a minor support area. It is also near the 100 period moving average on the 4-hour chart. Probable trade set-up - Based on this, a buy entry between 109.15-109.25 with SL below 109 and TP at 110.10 is a possible buy set-up. Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be executed only if it meets the required criteria.
Long
by MarcellusLUX
20