JPY pairs trading technical analysis overview

Technical analysis with trading signals for EURJPY, AUDJPY, CHFJPY, CADJPY

CADJPY

CADJPY is trying to break below the uptrend line of the latest swing high to 81.80, by testing the 79. Break below this level would lead to a greater degree reversal lower and a test of the important downside resistance 77.68. Looking to short on a confirmed break of 79 against 79.50.

CAJPY TRADING STRATEGY — CADJPY testing the breakout uptrend line

EURJPY

EURJPY is turning sharply lower after the rejection from 127. It is breaking below the rising wedge 123.680 level for the complete downside reversal. Looking to short the pair to target 120.

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CHFJPY

CHFJPY is breaking below the rising wedge and an important horizontal resistance 115.240 for an extension lower . Abreak below the next downside resistance 114.390 will open the door for an extended downside to 110. Waiting for a short trade setup.

AUDJPY

AUDJPY is breaking below the rising wdge after the rejection from a long-term falling trend line 78. Tis break below 76.20 is opening the door for a further continuation down to 73.360. We are going short against 77.50.

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Technical analysis with trading signals for EURJPY, AUDJPY, CHFJPY, CADJPY

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