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Usdjpybuy

USDJPY | Quick upside move? The price has broken up aggressively, and is currently doing a correction. Technically, the 38.2% Fibonacci level is acting as a support area right now, with the next one being the 50% retracement level (as seen on chart). Moreover, based on the bullish price action we have seen in the past few days, we are expecting more upside movement on this pair moving forward if it manages to break the correction trendline. No pre-defined entry price for this particular setup. We will enter the trade IF and only IF the price breaks and closes above the correction trendline. Stops just below the 50% Fibonacci retracement. Fundamentals to keep an eye on: 1) USD Core Retail Sales m/m (Fri) 2) USD Retail Sales m/m (Fri) Risk only: 2-3% Good Luck!
Long
by UncleBullFX
2
U.S. DOLLAR / JAPANESE YEN (USDJPY) Daily, 4 HourDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. Trades made when the daily and 4 hour arrows are pointing in the same direction are the most profitable. This is not trading advice. Trade at your own risk.
by Dinjin
USDJPY - SWING - 04. MAY. 2020Welcome to our weekly trade setup ( USDJPY )! - 1 HOUR Slowly bullish rising market. 4 HOUR Bearish market structure turned bullish again! DAILY Great long entries at range low, looking for a push to the upside! - FOREX SWING BUY USDJPY ENTRY LEVEL @ 106.870 SL @ 106.420 TP @ 107.480 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
29
USD/JPY: Your OPPORTUNITIES for the WEEK Hey tradomaniacs, this is just meant to be a weekly preparation and shows that USD/JPY is currently right at a significant level. If the Key-Resistance-Zone can`t hold and price breaks through trendline we could get a potential BUY-SIGNAL! If the market rejects of the Key-Resistance and Trendline we could get a potential SELL-SIGNAL! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
by Trading2ez
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