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NZD/JPY Discussion 12 replies

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USD/JPY Discussion

I estimate the next stop to be around 127.65
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Market dont always trends, it might sideways too. Watching this pair hiked from March and April was a big move in fundamental side coz of covid, inflation, BOJ ultra loose monetary policy, war and commodity price rise. Right now for swing the bulls is weakening, BOJ might intervene and making sell position also too risky.
All of these making doubts so i will stay away from this pair for while, at least until the Fed making decision to raise the interest rate.
RealFX All Time Return: -90.5%
Ohh yeah bebe
People don't plan to lose. They lose because they don't plan.
Woohoo.. Thats the fall expected..
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Would be beautiful downtrend up to the 50 Fibo Retr arround 122.20 lets see! #GoBears
End now every trader parking longs in hope for 130 or more but this is it! No more new high! Just Free fall to 118
127.00 today I think, also options expiring today for that level
People don't plan to lose. They lose because they don't plan.
Stay below 128 today and hit 127 tomorrow.....then we will surf down towards 115.
Expect the unexpected; take your profit and run.
Quoting Erebus
Caution, or not... {image}
You know everything first, unbeliveble
People don't plan to lose. They lose because they don't plan.
Quoting fxmasterdxb
I estimate the next stop to be around 127.65 {image}
We could see some bounce here, if not then next level is 126.90ish
Quoting fxmasterdxb
{quote} We could see some bounce here, if not then next level is 126.90ish
Please lower please. Like 124
I’m waiting for the next dip to buy and take profit near 130. I don’t think that the bullish trend is over. I expect there to be another leg higher after the FOMC or even earlier.
don't believe in mumbo jumbo from gurus & charlatans
Quoting Nd10
{quote} Please lower please. Like 124
Hahaha i wish it could go in one straight line to 124
Quoting ForexGoose
I’m waiting for the next dip to buy and take profit near 130. I don’t think that the bullish trend is over. I expect there to be another leg higher after the FOMC or even earlier.
There wont be lext up leg before one conctrete leg down, im thinking of 119-117 where is 38% all last big swing, from there maybe we can see this like 5 wave, now we have 4 corrective, i can be wrong
People don't plan to lose. They lose because they don't plan.
#USDJPY / Weekly, Daily & H4
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Quoting Ayax.TSS
#USDJPY / Weekly, Daily & H4 {image}{image}{image}
People don't plan to lose. They lose because they don't plan.
Quoting Nd10
{quote} Please lower please. Like 124
124 is a real possibility. But caution needs to be taken shorting this pair.
You don't know because you don't ask.
Quoting here2there
{quote} 124 is a real possibility. That's what I am looking at.
Thanks for joining us.. we need all the strength to push it down and push GU up to 1.34 or atleast 1.33...
Dxy should fall to 97 fast
Quoting Nd10
{quote} Thanks for joining us.. we need all the strength to push it down and push GU up to 1.34 or atleast 1.33... Dxy should fall to 97 fast
I edited my comment. USD is still quite strong. Caution needs to be taken shorting this pair.
You don't know because you don't ask.
This is the likeliest reason why we are seeing a pullback. It is helpful to look at higher time frames.
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You don't know because you don't ask.
Its likely that we have seen the low of the day, however, i still think there will be one more push to 126.50ish
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