USDJPY PULL BACK SELL 1H good supply zone 155.57 - 155.89 AIM 154 /152 2% risk per trade 2:1 close half GOOD LUCK!
USDJPY returned to the ascending channel and reached the dynamic support. We expect a decline in the channel after testing the current level. 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...
FX:USDJPY Price is currently in process of making AB=CD pattern; after USDJPY created a record Higher High, most of the traders were expecting price to drop heavy and it just did that. After dropping heavily, price made some correction and formed a AB=CD pattern which is where we can expect price to drop exactly in same amount as A to B made. Our final target...
Currently, the USD/JPY currency pair is indicating a favorable buying opportunity, with the buy zone identified at 155.70. This suggests that at this particular price level, it could be advantageous for traders to consider initiating long positions in anticipation of potential price appreciation. To capitalize on potential gains, traders may consider setting...
Japanese authorities may have intervened twice in recent weeks to support the yen as it hit its lowest level in decades against the dollar, and they may have used reserves cash to do it. BofA said a drop in demand for U.S. Treasury bonds could push up interest rates slightly and narrow spreads on the secured overnight lending rate (SOFR), a reference rate tied...
Again USDJPY is giving us a Christmas gift with awesome reversal point. Clean H4 FVG, range below the main trendline, fibonacci reversal level (50-61.8 zone) and bearish divergence on H4 timeframe. Everything is good to hold USDJPY till the level 146.5 where we will probably have a strong rejection. It will need some weeks, probably months, but we will get there
waiting to see if price will retest previous highs or do a sweep up before falling.
Market Analysis: USD/JPY Gains Bullish Traction USD/JPY trimmed almost all losses and showing positive signs above 156.20. Important Takeaways for USD/JPY Analysis Today USD/JPY climbed higher above the 155.95 and 156.50 levels. There is a connecting bullish trend line forming with support near 156.20 on the hourly chart at FXOpen. USD/JPY Technical...
My dear subscribers, My technical analysis for USDJPY is below: The price is coiling around a solid key level - 156.41 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 154.93 My Stop Loss - 157.44 About Used Indicators: By the very...
The US Dollar Is Weakening Following Inflation Data Yesterday saw the release of key economic indicators for the US. According to ForexFactory: → Core Price Index (CPI) monthly: actual = 0.3%, expected = 0.4%, previous = 0.4%; → Core Price Index (CPI) annual: actual = 3.4%, expected = 3.4%, previous = 3.5%; → Retail Sales monthly: actual = 0.0%, expected =...
Hi Everyone , Hope you're fine Today's Analysis is with USDJPY The price when went into DAILY FVG and respected it , the price couldn't move above it or close inside it , Ofc , with that perspective we can see that in LTF the price is making MSS Also keep in mind that DXY is respecting the daily FVG , that supports our analysis to stay bearish in this pair...
USDJPY increased yesterday, and bar D1 yesterday closed beyond the previous Inside bar pattern, creating a breakout to establish a new high, continuing the push to the bottom. This breakout could add further upside momentum to USDJPY D1. Structurally, USDJPY D1 is still moving sideways in the main price increase in D1. USDJPY H1 broke out of the accumulation...
due to entering the range from which we had the fall before. You can apply for sales positions. Areas and limit of profit and limit of loss are specified in the chart.
A forecast update on the upcoming movement of the dollar and yen in the long term
Hello everyone i want share my idea about USDJPY Price action. After huge uptrend, we saw some strong sellers which active after strong downside movement of JPY index. Japan government said in 2024 they will change monetary policy which was signal for swing traders, JPY index had pretty bad 2 years, it was coming strong downside, after this statement of Japan...
#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.770 SL 154.75 TGT :156.56-157.11 its 1.3:1 RR.Other Everything Written On Chart .
USDjpy broke below support ma on 4hr chart and declined rapidly, now rebound to test yellow declining resistance SCD band. Let’s see if sellers can push price down to test bottom bolinger on 4 hr chart. Sell 154.90 If price moves higher in to resistance I will look to increase my position.