Only charts

Usdjpy has finally found a very important support area which will recover from . The pair can find 200 daily moving average at 111.12¥ and it is very critical support area as shown below on the daily chart. The pair also can find support by trendline coming from 100¥ back in Novemeber before the surprising victory for MR....TRUMP Ok..that was it and I hope you get the idea and take your trading decisions wisely and enjoy profitable trading week.

Usdjpy has made double bottom at 112.60¥ and rallied 200 pips Today the pair was very suppprted on the 1h timeframw at 113.15¥ and now after hitting previous resistance at 114.85 , the pair pulles back to test support at 114.30¥ The pair will find somw resistance at 115 handle and have strong support at 114.10-30 area , below which 113.65¥ will be very good opportunity to go long again targeting 116.30¥ Wish you all profitable trading If you want to copy my trades and make consistent monthly income ;  Subscribe to my signal on mql5 : https://www.mql5.com/en/signals/221947

The pair "eurjpy" has been trading in range since the first of august. The range is between 112.50 and 113.90¥ . The pair has been trending last week , and closed the first 4h above the range. The pair has next resistance at 114.30-60 area where 200 MA "simple and exponential" lies. Recommendation: the pair is looking constructive and there is a big chance of the pair breaking above the moving average and stabilizing heading towards 118.00 handle. The pair has made a low of 109.80¥ this year and has been trending lower since 142 ¥ levels. So , you will have to watch the trend line along its way to 118.40 , we have two trend lines as shown below in "orange" The move will be probably drived by a big move in (usdjpy) after yellen indicated that the case for rate hike strengthened as the economy has been meeting federal reserve goals. Yellen also pointed on friday at jackson hole , that employment reports and prices stability has been major support for t...