Get started

Usdjpybuy

Possible lateral strategy on USDJPY#USDJPY two trades for the next week. The price may end its bearish movement around 107.92 Area where a big bullish movement started on the 7th of Jan. Anyway... it's possible a little retracement before this. So 109.019 could be a very good level to short. It doesn't matter which one first. Both are good levels to trade once. 1st Trade BUY Entry point 107.930: it's the same level of a previous big impulse (7th of January) and 100% of Fibo SL 107.640 TP 108.560 2nd Trade SELL Entry Point: 109.00 SL 109.165 TP 108.840 (R:R 1:1) but you can set a wider TP if the price hasn't reached 107.94 area before.
by kitchen_trading
Bullish Pattern at the 100D EMA, USDJPY could go higherAfter a recent risk-off situation in the early part of this week due to the virus outbreak in China which Japanese Yen appreciating across the board, we are now seeing consolidation in USDJPY. In fact, USDJPY has created a bullish candlestick pattern comprising off a DOJI and a bullish hammer. What's more important is the fact that this formation has taken place at the 100D EMA. All the above technical factor along with the fact that the stock market seems to be recovering gives us a pretty solid bullish bias. So, I have bought USDJPY at 109.10 and will add more buys below 109 as long as the 108.70 number holds. There is a good chance that UJ can go to 110.30 and 111 in the coming weeks.
Long
by YourLazyTrader
USDJPY - FOREX - 24. JAN. 2020Welcome to our weekly trade setup ( USDJPY )! - 1 HOUR Bearish price action towards previous support 4 HOUR Very bearish structure in smaller timeframes DAILY Good long entries for mid/longterm trend. - FOREX SETUP BUY USDJPY ENTRY LEVEL @ 109.180 SL @ 108.690 TP @ 110.130 RR: 2.0 Use 0.5% risk! (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
16
USDJPY Market Outlook | Daily Forex Market BreakdownUSDJPY Still going a bit sideways for the time being. As mentioned previously, keep in mind that key psychological levels such as 110.00 are very important in forex. I do like how this is looking at the moment, but we need to remain on the sidelines and let this pair play out a bit more. Especially since we are already in a trade with a YEN pair. Like I said watching very closely and if I see anything for us I will let you all know!
by Layne_LV