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Usdjpybuy

USDJPY - SWING - 21. APR. 2020Welcome to our weekly trade setup ( USDJPY )! - 1 HOUR Sideways moving structure with several highs and lows. 4 HOUR Retest of range low with instant reaction and close back above trend sr zone. DAILY Expecting another push to the upside forming new highs in H4 ! - FOREX SWING BUY USDJPY ENTRY LEVEL @ 107.550 SL @ 107.010 TP @ 108.350 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
36
USDJPY Market Outlook | Daily Forex Market BreakdownUSDJPY Looking like we could start climbing. Showing signs of a double bottom on the higher timeframe. USDJPY can easily push up to 110 or even higher. That being said at the moment we are stuck in a range just going sideways. Before I look for longs we need to see a clean break above resistance of 108. I have said I’m looking for a short term long, but I do believe ultimately we’re going to be seeing a bigger push to the downside. So keeping my eye on that.
by Layne_LV
5
USDJPY Weekly Market OverviewUSDJPY been in a consolidation, nothing will be changed until we see a break out of this little range so what I'm looking for next week ,if we're gonna break higher once again ,if that would be the case then we look for a continuation move up, at the moment it is trading the structure area a key level of resistance 108.50 been a resistance for and support area many times so when there is a risk also that you may see the market pushing to the downside from 108.50 area ,so keep trading this range until you have a break out of it, keep it simple,if there is no break then we may get another leg to the downside - then look for taking profit or buying the bottom or if we get a break out we look for a retest if the retest hold above the range then we may see a another leg to the upside toward 109.70 . ***Comment your thoughts down below!
by ForexCracked
USDJPY Market Outlook | Daily Forex Market BreakdownUSDJPY I still feel that USDJPY is going to push up and reject off 112 before rolling over to the downside. Resistance has been holding very well, and we do look like we may be breaking out to the downside now, but I am not fully convinced. I want to see USDJPY push up a bit higher giving us a clean rejection off 112 where I will be then looking to take a trade. Currently looking like we might attempt to push below the current trendline.
by Layne_LV
4
USD/JPY - Ascending Triangle after Channel UpOn the 4h chart, we can see that it was following my Channel Up pattern quite nicely. Updating now on my previous successful analysis, it started to build an Ascending Triangle which indicates another bull run, especially now with the US-news we might get some more information on soon. I suggest going long. But as always check for price action first and proper risk management. We might have to watch out on the Final GDP tomorrow to get a clearer view. I'm most likely going long on this one! We might see a nice trade. Wish you all my luck traders! -------------------------------- Thank you for inspecting my idea I'm happy to receive any kind of feedback Also feel free to contact me I'm trying to build up a nice network for trading! Whatsapp: +41 79 943 63 48 Telegram: @sb_sandro
by Sandro_S
1
USDJPY trend ups“We are seeing a single-handed rise in the dollar vs. other currencies, which likely driven by investors' anxiety over the coronavirus outbreak,” said the Japanese Finance Minister Aso while speaking before the parliament on Tuesday. "Everyone is buying dollars. That's leading to declines in other currencies. Stocks and bond prices are both falling, which is something that has not happened before," he added. USD/JPY keeps range below 110.50 USD/JPY consolidates its drop to near 110.10 region, divided between broad US dollar weakness and the risk-on rally in the global equities and Wall Street futures. At the timing of writing, the spot trades at 111.35, down 0.73% so far. The upside attempts remain capped by the 110.50 levels while markets digest the latest comments from the Japanese Finance Minister. Source: fxstreet
Long
by chi1billdollar
1