The USDJPY pair is testing the level of 120.31

Jul 16, 2015
33
0
7
Reason for the trading strategy

The USD/JPY pair is declining against the background of the carry trade transactions in Asia. From the technical point of view, with the level breakthrough of 120.31 opening short positions in the pair should be considered.
 

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Xavefif

Master Trader
Aug 31, 2015
132
1
79
USDJPY - triangle lasts very long time=( think abot bearish trand.

vhf8pTq.jpg
 

Xavefif

Master Trader
Aug 31, 2015
132
1
79
I’ve closed the transaction on usd/jpy with a profit. I think that asset will go down.

vtPc639.jpg
 

Jeremiah

Master Trader
Aug 24, 2015
69
0
47
I’m selling usdjpu until the 120.85 mark. After that, I close the deal and look for a new approach.
USDJPY.jpg
 

Wanja

Active Trader
Dec 15, 2015
117
0
32
28
USD/JPY Technical Signal For 30 Dec 2015
usdjpy-h4-instaforex-group.png

(Last Price: 120.49)
BUY, Entry = 120.58, SL = 120.18, TP = 120.98
if wrong then SELL, Entry = 120.18, SL = 120.58, TP = 119.78
 

Jeremiah

Master Trader
Aug 24, 2015
69
0
47
The price went not as I expected. I think that the price will reach 116.15 level. After that, the price will return to the level of 118.50 or further.
usdjpy.jpg
 

Wanja

Active Trader
Dec 15, 2015
117
0
32
28
[URL deleted]Trade Idea Update: USD/JPY - Stand aside
usdjpy-h4-instaforex-group.png

The greenback dropped sharply again today and briefly penetrated 116.00 level, however, lack of follow through selling and the subsequent quick rebound to 116.97 suggest consolidation would be seen and test of the Kijun-Sen (now at 117.04) cannot be ruled out, however, reckon the lower Kumo (now at 117.26) would limit upside and price should falter below the upper Kumo (now at 117.57), bring another decline later.

On the downside, below intra-day support at 115.97 would signal recent decline is still in progress and may extend weakness to 115.90-93 (61.8% projection of 120.66-116.69 measuring from 118.38), then towards 115.70, however, near term oversold condition should prevent sharp fall below 115.50, bring rebound later. In view of this, would be prudent to stand aside in the meantime.
 
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Wanja

Active Trader
Dec 15, 2015
117
0
32
28
USD/JPY Forex Signal

usdjpy-h4-instaforex-group-4.png

* Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 118.03.
* Put the stop loss 1 pip below the local swing low.
* Move the stop loss to break even once the trade is 20 pips in profit.
* Take off 50% of the position as profit when the trade is 20 pips in profit and leave the remainder of the position to run.
 

Maxi89

Trader
Feb 16, 2016
91
1
24
38
It seems to me that the asset will go for breaking the bottom line after reflecting from the
O1a5Nwm.png
upper bound
 

Maxi89

Trader
Feb 16, 2016
91
1
24
38
The price on USD/JPY moves to resistance level. When 1.114 mark will be passed, I’m gonna buy.
0195jpo.png
 

Maxi89

Trader
Feb 16, 2016
91
1
24
38
As the price has reached the level of support, I think that now it will go up and will reach the 114,65 mark
EVF7HnG.png
 

Wanja

Active Trader
Dec 15, 2015
117
0
32
28
EUR/USD For Today
eurusd-h1-instaforex-group-2.png

Expect the pair to trade in the lower ranges. Hold on to short positions with your target at 1.1208.