USDJPY Technical Analysis

Posts: 1028 · #76 - September 22, 2019, 02:33:56 AM

Quote from: Neng87 on September 21, 2019, 04:02:47 PM

Well,,with simplea analysis just use candlestik u have got profit by now sir..and true usdjpy fallen about 50 to 60 pips after bearish engulfing..congrat sir

Yup..running profit selling usdjpy about 60 pips now and wish will continu down next week

Posts: 63 · #77 - September 22, 2019, 03:16:06 AM

UsdJpy analysis

In the last week the movement of USDJPY was halted at the resistance area at time frame D1 and then the price moved down. here I conclude the decline is only temporary or pullback.

from the Fibonacci withdrawal that I used on time frame H4. I get a pullback ending area in the 106,854 area. and coincidentally in that area is the base of Deman SnD if I'm not mistaken also the Flag Limit.
for USDJPY pair analysis next week I will try to find a setup to buy

Posts: 18 · #78 - September 23, 2019, 12:36:58 AM

UsdJpy analysis

Daily forex analysis for USDJPY On TF H4, we see that the alligator indicator is currently opening down which is an indication that USDJPY is likely to move down. This is also supported by the MACD indicator 12.26.9 period which is also in the sell area. USDJPY has a chance to weaken towards 107.00.

Furthermore, if you pay attention to the wide open alligator indicator condition, it can be an indication that the bearish condition in USDJPY can last long, besides that the MACD condition in the sell area is not too saturated. If USDJPY can go down and break 107.00, the bearish trend at USDJPY could potentially reach 106.50. Bearish conditions are canceled if the price can go up and break the alligator indicator and the MACD indicator is above 0.

#79 - **Today** at 07:33:26 AM

Posts: 367 · #79 - September 24, 2019, 02:55:00 PM

Usd/Jpy analysis
$/¥

yesterday, the pair tried to consolidate below the Fibo level - 38.2 (107.50) of the global decline - so far it has not been successful. This level remains key for today. If the price manages to improve below it, the south movement will continue to the daily support level of 106.77. If this Fibo level maintains the price, the pair will have a good chance to go north - to the Fibo level - 50.00 (108.43) of the same move.

Posts: 198 · #80 - September 29, 2019, 07:55:23 AM

USDJPY
USDJPY again approached an important resistance line and, like last time, I predict a fall from this line.
In addition to the resistance line, the price is at a strong resistance level of 108.2.

Open short either from the resistance line or after the break of a small support line and a support level 107.85.
Target - support level 106.7 Past forecast

Posts: 21 · #81 - October 01, 2019, 06:02:47 AM

Usd Jpy is still in a strong condition going up, and now is at the price of 108.20.
If you look at the longterm grefik that is Timeframe MN, it is predicted to rise to the price of 110.60, the upper trend line.

Posts: 166 · #82 - October 03, 2019, 03:10:20 AM

USDJPY
Utilizing the high interest of market players in safe assets and the dollar which was pressured by the ADP Non-Farm Employment Change data released lower than the USDJPY forecast had the opportunity to move down to test the support levels at 106.75 - 106.50. However, if the USDJPY moves up it is likely to test resistance at 107.45 - 107.70.

Posts: 31 · #83 - October 04, 2019, 07:47:06 AM

USD / JPY ANALYSIS Bearish that occurs in H4 will continue until the price of 106.30 and the trend will still be strong to make a sell. Support: 105.00
Resitent: 108.00

Posts: 339 · #84 - October 07, 2019, 08:35:19 AM

analysis of the USDJPY currency pair H4 time frame.

We see this currency pair in a sideways phase. That can be seen where prices tend to reverse direction when in a certain price range.
seen on the Bollinger band indicator after the price reaches the indicator's bottom line, then the price continues the correction and now the price has made a valid buy signal.

We can open a position with a buy option at this time with a stop loss on the red line with profit on the blue line.

Posts: 339 · #85 - October 07, 2019, 03:41:03 PM

on the yen, the situation with the opening of the market has not changed much. So the pair continues to hang around the 106.80 level. Waiting for him to get a higher footing. For me, this meant that the bulls still managed to take the initiative. In general, I fully acknowledge that in the near future we can reach the previous maximum, which is located at 108.40. There I will close the purchase

#86 - **Today** at 07:33:26 AM

Posts: 10 · #86 - October 09, 2019, 08:00:34 AM

the "sunrise country" currency in the equilibrium zone of the Minuette operational scale fork, as well as the further development of the USD / JPY movement from 9 October 2019 will be caused by the development and breakdown direction of the boundaries in this equilibrium zone (107.00 - 106.80 - 106.55). The continuation of the movement is shown in the animated chart. If the price breaks the upper limit of ISL38.2 (resistance level 107.00), from the fork of the Minuette operational scale, the rise in USD / JPY will be directed to the border of the 1/2 Median Line Minuette channel (107.55 - 107.72 - 107.90) and the UTL control line (108.15 ) from the Minuette operational scale fork.

The price broke the support level 106.55 at the lower limit of ISL61.8 from the Minuette operational scale fork along with the 106.45 support level which will determine the development of the sunrise country's currency in the 1/2 Median Line channel (106.45 - 105.90 - 105.40) from the Minuette operational scale fork. Details of USD / JPY movements that depend on the direction of a break above the equilibrium zone are shown in the animated chart.

Posts: 339 · #87 - October 12, 2019, 05:29:19 PM

Usd/Jpy with bollinger band and trendline

USD/JPY has made a positive movement last week, followed the move on stocks (SP500) that made a bullish move.
Technically, USD/JPY has broken the resistance trendline on daily closing basis in a clear and strong manner and highly expected to continue the upside move on next trading week. The immediate resistance is clearly seen at 108.47-108.50 zone that seemed this pair has printed a triple top last friday, but considering the positive correlation between the price action and the RSI, the upside pressure should continue to test 109.00-109.3X resistance zone beyond toward 109.9X-110.00 zone.
Retest of the broken reistance trendline might happen before retaining it's upside move. As long as the price stays above 107.60, the bullish mode is still intact in my opinion.

Posts: 339 · #88 - October 15, 2019, 12:19:59 AM

DAILY ANALYSIS.
For the USDJPY pair on TF H1.
Using the Help Indicator 4 EMA
EMA 7 (WHITE)
EMA 21 (RED)
EMA 55 (GREEN)
EMA 255 (YELLOW)

According to the technique I used for the USDJPY pair it could be said to be in a UP trend seen from all EMAs below the price.

By looking at market conditions like this, you can take advantage of BUY opportunities.
To find the best area when prices retrace
Green EMA Area 108,128

The closest initial resistance target is 108,603
If successful break can go
109,221

Posts: 244 · #89 - October 15, 2019, 04:51:12 PM

I see a quasimodo pattern in the USD JPY H4 time frame, I place a sell limit order in the quasimodo zone with SL 109.42x and TP 106.78x.

Posts: 367 · #90 - October 20, 2019, 08:01:42 PM

as you can see on the daily chart, the price cannot get a foothold above the 108.48 level and Friday closes below this sign. Technical analysis, on H4, shows that prices are trading below the Kijun-sen line, but above the cloud, the Chikou span line is above the price chart, and the "gold cross" is still in an active phase. The MACD oscillator volume is down. My estimate implies an attempt to test the resistance level 108.59, followed by a pullback, where it makes sense to look closely at sales, with the aim of supporting 107.81.