Usdjpylongsetup
USDJPY - Outlook 5 October 2020 - Bulls are ready to launch!Hi all traders,
This is a video analysis for usdjpy.
Price have broken out of the trend line and we should be expecting this pair to break the highs of it and continue upwards further.
So do take note on the levels for trading UJ.
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USDJPY - Outlook 4 October 2020 - Is UJ still bearish? hmmm~Hi all traders,
This is a video analysis on usdjpy.
Some levels are marked within the video for you to take extra note on how to trade for UJ.
I will want traders to take extra note on it as it's very important for next week trading for UJ.
As always, be patient with your trade as UJ doesn't seem easy to trade for next week.
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UsdJpy- ready for correction?After breaking the 106.00-106.50 consolidation to the downside, USDJPY has continued its descend and dropped also under 105 important support.
Now the pair is trading exactly in 104.30 support and a correction and confirmation of 105 as new resistance is not out of the question.
Keep in mind that the trend is clearly down and a buy trade should be on short term with a tight stop loss.
USDJPY - Outlook for 20 Sept 2020 (Tricky Pair to trade)Hi all traders,
This is a video analysis on usdjpy.
This pair is rather tricky to trade, but i have warn you some of the levels inside which you can take a lookout for if you are looking to trade this pair.
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USD/JPY | Trading withing TriangleUSD/JPY has been trading within a Symmetrical Triangle chart pattern.
If the direction of the breakout is higher or lower
Key Support Levels: 106.415, 106.88, 107.678
Key Support Levels: 105.173, 105.30, 104.144
#JustTradeFxOnline
Possible Long Move:
Entry: 105.45
Target: 106.70
Stop: 105.0
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USDJPY CATCH THE IMPULSE MOVE EARLYThis is another big move in our arsenal, the USDJPY has been making its move in a channel which can be identified as an ending diagonal for the wave 2 before making a nice impulse move to the upside. In the meantime, USDJPY would search for that liquidity which we believe is in the zone of 91-100. TRADE WITH CAUTION. Follow for the mini time-frame moves
USDJPY is waiting for upside breakoutUSDJPY
Due to the weakness of USD it's felled to the 105.500 level .After that it has regained some of the loses and turned positive for the day today the trading range is 100 pips.
We can expect a short term fall back towards 106.250 level at that juncture all the 50,100,200 EMA's are acting as the major barrier for the bearish.
After reaching the upside trend line which is expected closing of third wave 03 suitable buy orders may opened at 106.250.
Potential take profit would be around 107.900
For Swing traders take profit would be 109.800 which is a June high
IMPORTANT LEVELS
June high-109.867
June low -106.107
July high-108.160
July low -104.215
USDJPY, BREAK AND RETEST?!*ENG*
- Price breaking our resistance zone.
- We are expecting a retest of this same zone.
- Look in the lower timeframe for closures that might indicate a reversal.
*PT*
- Preço a quebrar a nossa zona de resistência.
- Estamos a esperar um retest desta mesma zona.
- Procurar nos timeframes inferiores por confirmações de reversão.
USDJPY Cup/Handle, handle wedge is tighteningThe USDJPY Cup/Handle pattern is developing nicely and now the handle is tightening up on the weekly chart, tho it's broken both up and down on the daily, the pattern still holds.
If it breaks up, and is confirmed by a daily close above local swing high, this could be a massive move up on a fifth wave.
USDJPY SELL OPPORTUNITYIt seems like it's time to go up for USDJPY,... The price lays on strong support level.
...Take it into the consideration anything can be possible to happen, if it breaks down the support level this idea would be failed.
You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.