Robert Kristofer Posted March 20, 2015 Report Share Posted March 20, 2015 (edited) It's my favourite pair actually. USDJPY was back near the 120.8 levels having found support near the 120.16 support lower alongside the confluence of the rising price channel. A break above 120.8 is essential, but will see price action yet again enter into a squeeze before an imminent break out. The downside supports look strong enough to hold on to the declines, with 120.465, 120.16 and the rising price channel’s support line all in sync. But a break from this level could pose serious risks as the next major support comes in at 118.4. Edited March 20, 2015 by Robert Kristofer Quote Link to comment Share on other sites More sharing options...
fxapex Posted March 23, 2015 Report Share Posted March 23, 2015 The pair has a good support at this level and might fluctuate between a tight range, good for making short trades. Quote Link to comment Share on other sites More sharing options...
Robert Kristofer Posted March 25, 2015 Author Report Share Posted March 25, 2015 I believe that a move above 120 is a buying opportunity as we should head to the 122 level. After that, I believe that the market should continue to go higher, probably to the 125 level. I believe that the market will eventually go much higher than that, as it becomes a “buy-and-hold†situation under that scenario. Quote Link to comment Share on other sites More sharing options...
Money Morkel Posted December 1, 2015 Report Share Posted December 1, 2015 I have seen in order to our trading experience that because of slow motion we the traders are particularly dependable on EURUSD which is mainly considered as a bass currency in this financial trading place . In my trading career, besides USD I like to trade various pairs in my demo trading for increasing my trading performance. That’s why, I have chosen Trade12 as my trading broker which is recommend with 250 up currency pair including CFDs, Gold, Indicates and Metals. Quote Link to comment Share on other sites More sharing options...
Umama Rana Posted December 24, 2015 Report Share Posted December 24, 2015 As a rule, we the traders select our trading pair according to our trading experience. In my trading career, I am extremely dependable on EUR due to its slow motions. But, for increasing my trading performance, I like to trade various trading currencies pair. From my trading platform MXTrade, I am able to trade spot metal and CFDs besides 50 up major currencies. Quote Link to comment Share on other sites More sharing options...
orni308 Posted January 30, 2016 Report Share Posted January 30, 2016 After the news release from Bank of Japan, yen is under pressure and it might continue to do so. Quote Link to comment Share on other sites More sharing options...
Tanzil Al Banna Posted February 17, 2016 Report Share Posted February 17, 2016 Right now, I have only one running trade on EUR/USD. In addition, last day I made 70 green pips on USD/JPY trading pair. Actually, I do not open my trade based on my own trading knowledge because trading knowledge is not enough to make regular money from Forex market. So, I need to rely on live market analysis of TradingBanks to know actual nature of Forex market. Quote https://www.tradingbanks.com/ Link to comment Share on other sites More sharing options...
Umama Rana Posted March 4, 2016 Report Share Posted March 4, 2016 According to our trading experience, we the traders select our trading currency pair. In my trading career, I am very lucky to select MXTrade regulated trading broker which for all time make sure best trading environment for trading at any major currency pair with metal, gold, indicates and CFDs. So, my trading performance is growing very rapidly. Quote Link to comment Share on other sites More sharing options...
fxapex Posted March 10, 2016 Report Share Posted March 10, 2016 The prices have been up and with bullish trend line, it seems the its going to make positive move. Quote Link to comment Share on other sites More sharing options...
Umama Rana Posted March 30, 2016 Report Share Posted March 30, 2016 Because of slow motions from my first day of trading I have been using EURUSD trading pair which is considered as a bass currency in this market place. And, my trading broker MXTrade always make sure 50 up currency pair with metal, gold, indices and CFDs. So, my trading capability is growing very rapidly. Quote Link to comment Share on other sites More sharing options...
ForexMartTrader Posted August 28, 2016 Report Share Posted August 28, 2016 The USD/JPY pair have had a chequered past, these last few years, from low of below 80 to high of above 125, and back to low of below 100. At present, it is initiating an upward move on the daily chart. Quote https://www.forexmart.com/register?id=ZERJM  https://www.facebook.com/ForexMart Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.