USD/JPY

The USDJPY drops below the 108.00 and it could visit again the low at the 106.78 level. The bearish trend is still in place on the daily chart with the 55 day and 200 day EMAs pointing to the downside. Above the 108.00 level, the 109.00 along with the 55 day EMA could act as resistance.

USDJPY H1

Good log term reversal signs on long term daily USDJPY. I am long now and expect a very large move upwards

QuincyMCQuincy posted:
Good log term reversal signs on long term daily USDJPY. I am long now and expect a very large move upwards

Really? very large move upwards... based on what?

USDJPY M30
long @ 108.408 sl @ 107.844

jpw_fxbook posted:
USDJPY M30
long @ 108.408 sl @ 107.844

Targets:
108.645 108.750

jpw_fxbook posted:

jpw_fxbook posted:
USDJPY M30
long @ 108.408 sl @ 107.844

Targets:
108.645

Close at 107.986 +7pips +2.7pips -6.2pips

The USDJPY goes back above the 108.00 level, but it may find some resistance at the 55 day EMA around the 108.46 level. Below the 108.00 level, its next support could be the 106.78 level.

USDJPY will fall further. base not made.

intelifx posted:
USDJPY will fall further. base not made.

Let's up so

accumulation 2..might low if it doesnt make a new high

The next is growing to 109.0 resitance. The 3rd time of this level testing, so I predict a falling after that to 108.5 and 108.2 supports.

I see a trend usdjpy goes to buy to the level 106.78.

Nowak posted:
I see a trend usdjpy goes to buy to the level 106.78.

yeah it go right you said. your analyse correct.

The USDJPY is stuck between the 106.00 level and the 106.78 level. The 55 day EMA could act as resistance, followed by the 108.00 level. To the downside, below the 106.00 level, the low at the 104.45 level could act as support.

usdjpy is trading under MA150 at h4 and the support of 106.00 will be probably tested again. the resistance is 106.75 as the first strong level for buyers. I suppose that after this correction, the 104.5 will be tested again.

I can't see 104.5 tested for a while. On daily it looks like USDJPY has bottomed out. I expect a move upwards or sideways now. But a test of 104.5 could be months away

My lon term target for USDJPY is around, 105.80

My target is opposite direction. I see 109 coming and then price go sideways