Hi traders, Let's take a look at USDJPY chart on the 4hour chart. There is some hidden divergence on the H1 and H4 chart. I am looking for the big down move which should be coming soon today or tomorrow.
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Hi traders, Let's take a peek at the USDJPY 1hour chart attached below, From my research, USDJPY has formed a few tops on the lower time frames such as the 5mins and 15mins chart where usually it will stop the uptrend and start moving slowly to the down side. A sell entry here with a 30pips stop loss with a 60pips target profit will be a good return. Let's see.
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Hi Traders, Let's take a look at GBPJPY on the Monthly Chart. Price have rejected the 156 level last month. Based on my view, price might test the 140 level this month or next. Let's see how it plays out. Trade well guys.
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Hi Traders, As we all know EURUSD is at around 1.23 level now. However I do see there is some hidden divergence on it currently and there is a high chance it will be a downtrend this week. Attached is the chart on 1hour chart. Im expecting a down ward move of about 50pips and if a strong move, it could reach 80-100pips. Let's see how it turns out this week.
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Hi Traders, Today I will give my views about the EURUSD and GBPUSD currency pair. Let's start with GBPUSD. Attached below is the chart of GBPUSD. If you see the 4hour chart, it is obvious that GBPUSD is heading upwards with not much down movement. I am of view it will try to hit 1.33 level or even 1.36 level in the coming weeks as there is a gap there. Practice good money management skills to take advantage of this. For EURUSD currency pair, please check out the attached 4hour chart below. Isn't…
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Hi Traders, It's Friday today. After Wednesday's and Thrusday's massive moves in the currency market, I expect a quieter market today. JPY pairs will be slightly weaking and continue to head down. Attached is the chart of AUDJPY. Keep it simple and trade well.
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Hi Traders, Anyone into NZDJPY currency pair? Attached is the 4hour chart which shows that NZDJPY is at the top of the up channel. It is profitable to take a short currently at 83.55 with SL at mid 84s. TP easily 50pips to 100pips. Downward movement should happen today or tomorrow. Good luck all traders!
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Hi traders, Will AUDJPY come back down from the 89 level to at least 88 level? I am expecting some JPY strength today onwards. Let's see how AUD will react too. Attached is the chart of AUDJPY. Good luck to all traders.
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Hi Traders, As USDJPY is moving down, I been checking out other JPY pairs. 1 pair that caught my eye, is EURJPY. EURJPY is looking to finally leave the 130 highs and test the 129 level. Let's see how it plays out.
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