Hello Traders.. We are taking a look at a different Pair today. The Monthly timeframe and Weekly timeframe really pushing the highs of the range over here. Will CPI be the catalyst to Spaceship us out of the range finally? Or do we still need some more time to gather liquidity and pullback. We pulled back today, Tuesday April 9th, as buyers got gun shy and Sellers...
The Japanese yen weakened barely on Tuesday, with USDJPY now lower back toward 152 - its maximum stage in view that 1990. The yen`s weak spot comes whilst Japanese officers time and again warn that they'll reply correctly to hypothesis in opposition to the yen. However, promoting momentum piled at the yen, specially withinside the face of better longer-dated US...
I'm SHORT USD/JPY for the following reasons: a). Price is back at a confirmed area of resistance last hit on 3rd April and 27th March b). The Andean Oscillator on 15m time frame has seen a rise of the red SELL line and is now reading .0082 having been at .0027 previous candle and .0010 candle before that having been reading zero for several bars. c). Andean...
Considering the strengthening of the dollar and the formation of a strong demand zone, we expect the price at 146.80 to create conditions for a powerful purchase with a loss limit below this demand zone.
Employing a meticulous approach centered on the daily timeframe, I conduct thorough analysis, currently focusing on USDJPY ensconced within a sideways consolidation phase. My methodology hinges on precise identification of buy and sell zones, underpinned by strategic delineation of entry and exit points. By adhering to a disciplined risk management strategy, I...
The signal of trend reversal convergence will appear when the downtrend turns into an uptrend. At that point, in a downtrend, the subsequent lows will be lower than the previous lows. However, oscillating indicators behave differently, as they show that the subsequent lows are higher than the previous lows, indicating that the momentum of the downtrend is...
Dear Traders, USDJPY currently trading at extreme seller zone, though daily timeframe has not show strong intention from seller. However, in upcoming weeks we may see strong sellers pressure coming in the market. Please use accurate risk management.
USDJPY did exactly what was explained in my first break down. I'm still sell biased and i feel like NFP is only going to push price to the downside also so everything should work in my favor.
It is very likely that we will soon have a correction to the targets of 149.420 and 148.000 in this currency pair. Pay attention that this analysis is in the daily time frame and the trigger to enter the trade is the breaking of the 150.00 level down in the 1-hour time frame.
I am pretty sure you will come to check my chart when will be too late. USDJPY is about to drop more than 200 pips, and i am pretty sure you will enter too late (or much worst, you will long USDJPY). $152.000 is a huge and multi year resistance for UJ, and considering the actual political situation, and the incredible raise for gold, Dollar will make a glorious...
Usdjpy at a major level of resistance sp i decided to short with a 1:3RRR *Usdjpy shorts eveerytime price gets to this level
USD JPY has formed a Head and Shoulders Pattern at a resistance key level. Confirmation for SELL was Doji and close below candlestick at the right shoulder.
A Few times before the Japanese government helped bring the usdjpy down, at this level. Today Powell from the USA helped a bit but it is up to the JPY to finish the job. A nice dip to the bac trend line isn't unlikely!
The USDJPY currency pair has recently exhibited a bullish trend. However, it has been consolidating sideways for an extended period, lacking a clear directional bias. In our video analysis, we explore a couple of scenarios and provide detailed insights regarding price action considerations. Notably, we look for heightened volatility as liquidity is tested both...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
USD-JPY / ASCENDING TRIANGLE For me , a breakout above 152level, open the door for the next macro resistance!
USD JPY 1 hour timeframe outlook. On The one-hour timeframe, the market is currently consolidating on that resistance level, we need to see a break out to the downside and a retest to get an entry for SELL. On the other hand, if the market breaks above the resistance level to the upside we need to see a retest of the broken resistance turn support to get a BUY entry ⏰
USD JPY TRADE SET UP. USD JPY has reached the daily resistance level and is showing multiple rejections and wicks on the daily timeframe, so we are looking to SELL. We need to scale down to the lower timeframe to find patterns and confirmations to get a sell entry..