the weekly chart is strongly down trend and the last weekly candle formed bearish and the price reached new down record i advise to waatch the pair movment in the next wee
Thread: Usd/Jpy
the weekly chart is strongly down trend and the last weekly candle formed bearish and the price reached new down record i advise to waatch the pair movment in the next wee
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the pair and as we can see from the chart has closed it's daily candle under the level of 76.00 , so , that's mean the down trend is still standing and the pair is heading to 75.50 then 75.20
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i see in this chart that the candle is going to uptrend in one hour frame so if you buy now at this price ( 75.751 ) make for you two targets you will be able to get them your first target at (10 pipe) and the second at (the next 15 pipe) and make your stop loos at (100 pipe not more) good luck in this analysis and i hope the profit for all members
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the pair and as we can see from the chart is trading now above the level of 76.50 , and that's will lead the pair to reach 76.25 and then 76.00 just if the pair succeeded in breaking the level of 76.50 , Successful trade for all .
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The Dollar continues under downward pressure, pushing through fresh post-WW II lows against the Yen. USD/JPY failed to extend recovery above 76.30 on Wednesday, and dropped again on Thursday, hitting a new long-term low at 75.65, to remain capped below 76.30 in Asia.
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because of the moving under the level of 76.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 75.65 and then 75.40 how ever the pair made any hourly correction
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it will find a floor in the 76 range. Because of this, we would like to buy this pair on dips, but only for short-term trades. The range should continue to grind between 75.50 and 78 for the foreseeable future barring that intervention.
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USDJPY has a bad dream and if tokio will not rise jpy will and BOJ could be in problem tonight. We will see what is going to be.
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If a M15 close above 76.50 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 75 sell only and do not buy. If price closes back above it again do nothing
The range 76.50 and 75 is neutral area, any trade done in between is personal decision and not part of this analysis
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the picture is showing the pair has been ended it's trading today above level 76.00 and that's will lead the movement to up trend to reach 76.55 , so the buying is suggested with a appropriate stop loss level and targets equal 30 pips at least
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