USD/JPY Discussion

i am basing my judgment in h1 chart higher lows

108.935 could be the imm target as well the resistence

i bet you that support will be 108.5 and then 108.3

we have spin top in h1 chart and if everything goes well short it from m5 or m15

USD/JPY found the exit of the consolidation zone. US bulls are back in the game and are aiming 109.50.

went long at 109.38 my targer is a bit higher, 110.45-50. and eu back up to 1.2495

5 bounce trade

i think that it might go back to 109.8 or higher after stocks open

lack of buying power today, it might fall back down during the Asian session

good day traders, another tough week. I believe it has to go down before it goes up, Thinking like a market maker, lets let it hang out around 109.30 then drop it to 108.5 to shake off the weak the run it up to 110.50 for 200 pips. there is enough there for a logical conclusion in my book. h&s pattern within a cipher, with fib confluence from two directions. one is not, there the 88.4%. not shown and an inversion extension. I think its going to touch 109.45 first

filled at .45 and .50 if you were there, now it should go down.

it took out the resistance line so back to the 110.5. starting to consider giving up, most would you will probably appreciate it , good luck everyone.

To my old buddies here...I've set up a Whatsapp group chat. PM me your mobile number if you are keen to join. Cheers.

Potential target above price 109.84 = Missed 4hr Pivot

Potential target below price 109.29 = Missed 4hr Pivot

Price should flow down to the 109.30's soon, that's the area I have buy limits set up! Hoping the unempl news will either take us there, or bounce from there if it gets there before the "news".In the meantime I'm shorting down to this level!

it might go to 110.3 if equities recover

I'm on the side of hitting 110.0 today..

So did equities recover, which way should I go?

Grasshoppers, pie in the sky dreams don't put money in the bank. What's most important is what is PRICE doing now! Focus on that! You'll have plenty of time to speculate where it's going to go in a day or 2....