Thread: Analysis of USDJPY

The USD/JPY seems to be going to go down. I guess it's a perfect moment for bears to open the deals.

The USD/JPY seems to be going to go down. I guess it's a perfect moment for bears to open the deals.

I think it's a high time to buy this pair above 121.45, with a stop at 121.96, and the next stop at the resistance trendline.

You'd better wait and sell below the resistance, but only up to 118.60, and the next stop at 116.18. Otherwise the price should bounce at 119.40 and go up.

Well, I gonna try to trade within the range 119.95-120.40 from these levels. I will try to take some pips))

This pair gonna break above 120.44 level and increase to 121.43. Consider buyings from the area of ​​119.86.

The USD/JPY is going down and it has all the potential to reach the floor so I'm going to open a sell here today with a target at 119.00 and a SL at 119.95.

The USD/JPY's way has been rather flat lately. After a sharp huge pull back it did almost nothing to change the direction. It's definitely not the right moment to trade with this currency pair.

The USD/JPY is on the way up, but it managed to form quite a strong resistance, so it will probably make the pivot next week. That will be the perfect moment to open a sell.

The USD/JPY has made an upside arch and now is slowly going up. I think I'll wait for a pivot here and open a sell after all.