Yen Pairs Update

Over the last couple of days, we have seen some volatility on most of yen pairs. Our trades on ChfJpy and EurJpy managed to achieve at least 200%. 40 more words

Trade Ideas

AUD/JPY poised for a bullish breakout

Price action since mid-January

The cross has been restricted to a 200-pip range of 85.00-87.00. The 50-DMA has acted as a strong support since January 31. 264 more words


AUDJPY: Towards Bottom of Major Sideways Consolidation, 2nd wave Retracement in Progress

We have both the bigger timeframe and the smaller timeframe pointing to the same direction which is downwards.

The D1 chart is showing major sideways consolidation and the price is falling from the top towards the bottom while the H1 chart has shown a new downtrend and the price has already begun its retracement. 29 more words


AUDJPY: Potential break of downward channel

Since the start of the year the currency lost 8.0% but last week rose more than 0.5% and is in an accumulation phase since the end of October. 94 more words


AUDJPY: Pulled back From Top of Major Falling Channel, Broke Below Bottom of Key Rising Channel and Support Zone

It was still looking to break above the top of the major falling channel but took a sudden turn and became resisted and beginning to fall. 121 more words

Today's Watchlist

AUDJPY: Breaking Above Major Falling Channel, Rebounded Off From Major Support in MN Chart

AUDJPY first had a strong pullback from a major support zone in the MN chart, signaling for a sign of significant rebound and probable reversal. 230 more words

Today's Watchlist

AUDJPY - Top of Major Falling Channel, Crab Formed at Peak, Retracement Channel in Process

AUDJPY is finally at its peak as it has reached the top of its major falling channel and there are signs of exhaustion and reversal. 89 more words

Trading Journal