USD/JPY Analysis - Page 14
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Thread: USD/JPY Analysis

  1. #1
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    USD/JPY Analysis

    USD / JPY has accelerated the decline in Tokyo afternoon, when approaching the key support at 118.30 / 25, after falling sharply from 119.00. There is an option expiry of 118.50, which will see a strong bid soon reappear considering sales sharply visible. The Nikkei 225 is now down nearly 0.50% ahead of the weekend.


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  2. #131
    Registered user musiliu's Avatar
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    Usd/Jpy is clearly in an uptrend, i think it will still continue the trend till the end of the month. i am currently looking for an opportunity to join the train. because i should not just jump in right away, I am waiting for a correction downwards to the moving average 100 level, then i will buy using tight stoploss, and will target the recent high as my take profit level.

    USDJPY.eH1.png

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  3. #132
    Registered user musiliu's Avatar
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    USD/JPY has made a reversal to the moving average 100 level. it even moved lower and touched to the moving average 500. I am hoping for a buy on this pair and i am patiently waiting for an entry into the trade. As per my strategy, i will make a buy entry after a crossover of moving average 5, 10, 20 (Blue, red and yellow respectively ) to the upside. My stoploss will be at 113.73 and my takeprofit will be at 114.30.

    USDJPY.eH1.png

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