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USDJPY SHORT CONTINUATION FINALLY? SEPT 6TH - 11THHELLO TRADERS! OUR VIEW OF USDJPY, AFTER ANOTHER TOUCH OF THE 106 LEVELS, WE ANTICIPATED BEARS RESUMING THE SELLS WITH BEARISH SENTIMENT IN USD AND JPY BEING SAFE HAVEN WITH NEGATIVE INTEREST RATES. NOT MUCH CHANGE IN OVERALL WEEKLY STRUCTURE AND LAST WEEKS HIGH 106.374 STILL RESPECTED WITH OUR BEARISH VIEWS, SHOULD SEE THIS ONE PLAY OUT LATER IN THE WEEK. KEY PIVOT FOR US IS 106.200 0 106.400 AREA HAPPY TRADING! FEEL FREE TO COMMENT, LIKE, SHARE. THE TRADING REGIME! OANDA:USDJPY
Short
by EvaultFinancialGroup
AUD JPY - ShortWe saw in our private analysis the pair hit the monthly zone and reject strongly. We took a good sell from 75.4 and closed at 73.00 but kept one position open. Onto the cot data: However the Aussie has had orders shorted for the past 13weeks. Long Short Total %Long %Short JPY Avg_13 53,429 27,665 81,094 66% 34% AUD Avg_13 25,870 59,197 85,067 31% 69% What can we see technically? - Daily bullish but breaking momentum with the touch of 74.4 zone + - weekly correctional bullish - bounce from the monthly supply . - we can see the trend beginning to add long positions to correct with the Aussie but also added from the Yen too. - we have made a good impulse and now correction and next impulse is beginning. - now in a consolidation zone with some great wicks formed and a reversal to the downside Where to enter? Follow your plan we entered at 75.4 and 74.04 level as we could see these zones lining up with our analysis Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted. Trade what you see, this is purely our Bias. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced. KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Thanks, Team Lupa.
by LupaCapital
NZD JPY Shortlooking for a second entry on NZD JPY - depending on how the the market conditions look. We have a daily indecision candle - so looking for some good movements tomorrow lining up. Fundamental tension in HK will affect the NZD and Aussie at the sametime. So we expect some possible sell - off. from a technical S&D perspective we will look at the fibonacci retrace at 50% or worst case 70.5% retrace. However this is close towards our entries. on a daily level, we hit the supply zone and saw a nice wick rejection just the previous touch . Note: our entry points will change, this is purely guidance as the market is reactive not predictive. Do you like our work? Let us know and follow us on tradingview. Thanks, Lupa Capital Partners
Short
by LupaCapital