[tab: Setup 21 Feb 2013]
I am looking at the zone around 92.75 of USDJPY for some reactions. It is a retest of H1, H4 uptrend line and also the base of last spike. Let’s see how it goes.
[tab: update 22 Feb 2013]
It depends on the buffer you’ve set, or if you leave your order after the 1st rebound, you might have missed the entry by few pips. Annoying, it is. Anyway, here is the updated chart. Price reacted well at the demand zone. now heading to retest the back of inner trend line
.
Here are charts with levels I am watching for the coming week.
$USDJPY
Live Chart
Weekend charting 20 May 2012 USDJPY by tradergav on TradingView.com
$USDCHF
$USDCAD
$GBPAUD
$EURJPY
Good trading.
Here are the charts with some ‘annoying lines’ that I am watching for the coming week. Hope they annoy you as well.
$AUDUSD Hourly
$AUDJPY 240min
$EURUSD 240min
$EURAUD 240min
$EURJPY Hourly
$GBPUSD 240min
$NZDUSD 240min
$USDJPY 240min
$USDSGD 240min
$USDCHF 240min
$USDCAD 240min
Good trading!
Here are a couple of charts in my watch list. I am looking at the levels for next week’s trading. I don’t find a lot with clean levels now. So patience is required at the beginning of the week.
Anyway, here are the CHARTS.
$GBPAUD — This is probably the cleanest chart I can find at the moment. Support is approaching with confluence of 50% retracement.
$NZDUSD — The second test of resistance level with confluence of 61.8% retracement.
$USDJPY – We are back to previous hourly swing low. In case it breaks down from here, I am looking at next potential target of 79.55 ish. Otherwise, we might continue bouncing in the range.
$EURJPY – There are too many touches of the support level for my liking. I am only looking at potential trading opportunity when it breaks down from here. Otherwise, ‘ I am not touching that!’
$AUDUSD – Aussie dollar is sitting at the top of channel, and completed a symmetrical move last week.
That’s all for now. Good trading.
[tab: Asia Morning]
$AUDUSD continues moving down. Immediate target now is around 1.022ish.
$USDJPY
Target is at the potential retest of 8330 to 8350 level.
[tab: End of Tokyo session]
$USDJPY Update
[tab: Asia Morning]
$AUDUSD is in the middle of nowhere before this afternoon’s rate announcement.
$USDJPY
[tab: End of Tokyo session]
The rate announcement (unchanged) brought $AUDUSD down to 1.035ish. If the breakout of the penant is to be trusted, the measured down move will bring us to around 1.02ish area.
There’s no too much changes in $USDJPY, the initial breakdown during Tokyo open was not followed through. Instead, price is creeping up the whole Asian session, we are now back to around Asia opening price.
