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Usdjpybuy

USD/JPY - Key Level Reached, Bounce Or Break?Hello Traders!, Hope everyone had a successful week trading, here's my analysis on USD/JPY for the next week we have ahead of us What Is The Market Telling Us? Consolidation has been occuring for the past 2 trading weeks ranging from support & resistance Bearish fakeout has occured to STOP OUT retail traders from their sells to bring the market to a higher price Bullish crossover has occured Price has reached peak bullish volatility and is now halted by resistance level When Should We Enter? This scenario can go both ways, if youre LONG look for a clear break & retest of resistance before BUYING If you're SHORT, wait for a bearish candle close or a bearish pattern to occur before SELLING
by forexwithfred
2
USDJPY Am I crazy or really break through 108,00 ? Hello everybody. I will show you what my expectations are for USDJPY. Let's look at the weekly schedule. We see that we have a range. On the daily chart we have range again but with a fake breakout and a very nice last candle. Last week the bears were stronger in the beginning, but the end was for the bulls. This makes me think that the bulls will show their strength in the new week. Whether he will be able to break through such a strong resistance of 108 is a matter of time. If this happens and we have a test of the new support I will try to find a suitable input. If you find this useful - give a like! If you have the same or different vision for the future movement - comment!
by NikiGeorg
2
George Floyd and USD dollar CRASH ?We're witnessing a painfull moment in America, because of the tragedic incident of George Floyd. What could happen to the USD dollar ? Could it stand firm or lose it. When I was drawing all the trendlines , fibonacci, seeing an insdie bar, left right shoulder inverse, indescison candlestick, bullish shaved bar to reach my target around 135.000, but all those protest in the United States make it worse. What do you think what it will happen sunday night ? I am sure we will see a huge gap to the USD dollar and from there it could lose it volume buying because of the unstability in America. like and react what you think guys ? Have a nice day and enjoy it
by price_action_bars