USDJPY Technical Analysis

Posts: 339 · #196 - July 19, 2020, 09:09:27 AM

Bollinger bands in the usdjpy pair are still flat and we will continue to focus on selling at prices around 107.01 because in that area we will continue the upward trend and follow the big trend

Posts: 339 · #197 - July 20, 2020, 12:00:31 AM

Bollinger bands in the usdjpy pair are still flat and we will continue to focus on selling at prices around 107.05 because in that area we will continue the upward trend and follow the big trend

Posts: 339 · #198 - July 20, 2020, 02:04:40 PM

Bollinger bands in the usdjpy pair are still flat and we will continue to focus on selling at prices around 107.20 because in that area we will continue the upward trend and follow the big trend

Posts: 527 · #199 - July 23, 2020, 08:53:16 AM

Usdjpy is currently still dominant trend up, which means we will focus on going up for some time because indeed from a technical perspective there are no signs of a downtrend we will aim at a buy in the demand area of 107.09 prices with a target at 108.00 prices use stop losses always

Posts: 527 · #200 - July 24, 2020, 03:55:55 AM

Usdjpy is currently still dominant trend up, which means we will focus on going up for some time because indeed from a technical perspective there are no signs of a downtrend we will aim at a buy in the demand area of 106.51 prices with a target at 107.80 prices use stop losses always

Posts: 283 · #201 - July 24, 2020, 11:42:59 PM

USDJPY

finally this pair is on the move. Big breakout from consolidation, but the downtrend was visible from few weeks..

now technically major support for buyers is 105.45 . correction to 106.70 would be attractive for another selling.

Posts: 5458 · #202 - July 26, 2020, 06:12:21 PM

Usdjpy has entered the demand area and is ready to buy for the next 1 day with a target of at least 10 pips if you want to be safe. For the ideal price it is recommended at the price of 106.00-105.00 wait for the small tf candle pattern to appear

Posts: 5458 · #203 - July 28, 2020, 11:40:16 AM

Usdjpy is already in the bottom valley, therefore we must indeed be prepared to open buy at a price of 105,100 because that is where the prices are suitable and don't forget to prepare sl and tp before opening a position, look at the small tf

Posts: 283 · #204 - August 01, 2020, 03:06:06 PM

USDJPY

this pair closed the bearish month but with some signs of reversal from the weekly and daily perspective. First, the gains on Friday absorbed 4 days of selling and closing the weekly candle with bullish pinbar. Second now big support is visible at 105.45 and this is most important for buyers - to hold above this level. sellers still located around 107.77 and 108.50.

Posts: 283 · #205 - August 11, 2020, 06:07:03 PM

USDJPY

3 week reversal is working with the same levels in play as mentioned in my previous analysis. So the 105.45 is main low level but also 105.77 which is monthly open. Monthly candle is still very weak but this just a second week of this month. the potential upside targets are the same 107.77 and 108.50, h4 and d1 shows 106.15 as near term support for buyers.

Posts: 5458 · #206 - August 18, 2020, 03:46:00 PM

For usdjpy pair, it tends to go up, but it is a bit slow, but it doesn't matter that It is important we just put it up first, we will buy at the price of 105,378 see TF M15 for confirmation

Posts: 5458 · #207 - August 24, 2020, 01:08:56 PM

Explanation of the daily timeframe: yesterday's usdjpy candle was a bearish doji Explanation of timeframes H4: 106.xx and 105.xx are the limits of our resistance break support Explanation of the M15 timeframe: the trendline is still uptrend, we can buy now

Posts: 5458 · #208 - August 28, 2020, 10:21:05 AM

Usdjpy Explanation of the daily timeframe: yesterday's daily candlestick was bullish and a bit long, so we follow buy Explanation of the H4 timeframe: our mother candle breakout is at 105.8x and 105.5x as a reference Explanation of the M15 timeframe: the direction of the m15 trendline is decreasing and if this is like this it will usually reverse because it is too narrow

Posts: 5458 · #209 - September 02, 2020, 06:50:29 PM

Usdjpy Explanation of the daily timeframe: this pair's daily candle is a bullish doji so just focus on buying Explanation of the H4 timeframe: we will focus on the price range at 106.3xx and 106.0xx because those areas are resistance support Explanation of the M15 timeframe: m15 is the uptrend and if it can't break the high then we will sell

Posts: 5458 · #210 - September 07, 2020, 01:02:46 PM

Usdjpy Explanation of the daily timeframe: yesterday's daily candlestick looks in the form of a bullish doji so we'll just go up Explanation of H4 timeframes: ranging in price from H4 for this pair are 106.4xx and 106.1xx focus on this area only Explanation of the M15 timeframe: m15 the chart is upward and indeed our job as traders is to follow it