USDJPY is testing a key daily horizontal resistance. The price formed a double top formation, approaching that. To sell the market with a confirmation next week, let the price break and close below 148.97. It will be a strong bearish confirmation. The price will drop then at least to 148.65 level. ❤️Please, support my work with like, thank you!❤️
Hello everyone! What's your take on USD/JPY today? USD/JPY is showcasing a promising recovery, with the USD gaining momentum for a comeback. Currently, the pair is trading around the 148.39 mark, and it seems viable for a buy throughout the day in the short term. Looking at the bigger picture, however, USD/JPY appears to have completed its corrective wave to the...
USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and...
USD/JPY tumbles to 150.00 as prospects of BoJ exiting dovish policy stance deepensUSD/JPY slumps to 150.00, hoping the BoJ will exit the dovish policy stance sooner. Japan’s Murai is optimist on a positive cycle of rising growth, improving wage outlook. Fed Powell is expected to maintain a hawkish narrative on interest rates.The USD/JPY pair falls sharply to the...
Good Day fellow viewer. I am new to this youtube thing so I'll just be posting my analysis on certain pairs everyday. I am not an expert or a pro, I just enjoy analysing charts. Please enjoy and also enjoy the upcoming videos. I don't provide financial advice or sell anything. All the videos will just be my personal thoughts on which direction price will go. These...
USDJPY continues to grow. The price is standing still, but it is forming an ascending triangle relative to the maximum. Buyers are interested in further growth, as a consequence, the price reflects their interest. Reasons for further upside: 1) Bullish trend 2) Fundamentally weak yen continues to weaken against the dollar 3) Price is forming a consolidation in...
The DXY's recent sharp uptick fell short of breaking past the previous downtrend pivot, suggesting a potential pullback to retest lower levels. Watch for possible fall.
Greetings, traders! What are your thoughts on USDJPY today and its future direction? Looking at the chart, it's evident that USDJPY's recovery momentum is currently capped below a resistance level, as it appears to be forming a double top pattern. The current support level stands at 149.888. Should this level be breached and the double top pattern fully...
Hello everyone, today the Japanese Yen (JPY) struggled to capitalize on its modest gains during Friday's Asian session and weakened to a one-week low against the US Dollar (USD) from the day before, thereby providing a slight upward momentum for the USDJPY pair. On the 4-hour chart: USDJPY has formed a pennant pattern, and the market is expecting this pair to...
With a new review of the Euro/Dollar chart, we can see that the price has been corrected by entering the old FVG range and is currently trading in the range of 1.08 ! The first scenario is the fall from this range and the second scenario is the first rise to 1.087 and then the start of the fall again! Considering today's important meeting of the Federal Reserve,...
Today, the USD/JPY is trading around the 149.90 level, approaching a nearby support level with a predominant sideways movement, tilting the short-term outlook in favor of bearish momentum. In the hourly timeframe, USD/JPY is exhibiting a Symmetrical Triangle pattern and has made a downward breakout. Should the current support be breached by a Double Top pattern,...
Hello,Traders! USD-JPY is trading in an Uptrend and the pair Is now retesting the Key horizontal level Of 149.720 from where I think we will see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USD/JPY: Bearish- BAT detected- Ichimoku in confirmation The BAT detect on the USD JPY pair was executed perfectly Point “D” e is currently a potential short zone on its PRZ We could return to the exponential moving average 50 around 147 The "Ichimoku" and "Tenkan" lines give us a similar level around 146-147 Don't forget that the BoJ intervenes around...
The Japanese yen has strengthened slightly in response to verbal intervention by Japanese authorities. The daily chart shows an upward movement of the pair, with 151.00 as the next resistance level, followed by last year's high of 151.91. USD/JPY reached a three-month peak at 150.81 after the US Bureau of Labor Statistics reported further confirmation that...
GBPAUD shows a bullish structure in H4 with the price returning to test the supply zone. Here, the price could reverse towards 1.9280, where we find strong liquidity corresponding to a daily low on M15 and a swing low on H4. Personally, I am waiting for a structural change on M15 to enter the market. I will keep you updated on the situation. Greetings from Nicola...
📊Yen Gelpen is in an uptrend and can continue to rise as long as it maintains the uptrend line. The important static support is the number 143,000 and in this ascending wave it can reach the range of 160 to 165
The Japanese Yen encountered renewed selling interest around the 149.000 level, leading to a decline on Tuesday. Despite data from Japan's labour ministry revealing a continued decline in real wages and household spending, the Bank of Japan (BoJ) faces challenges amid a generally positive sentiment in equity markets, weakening the safe-haven appeal of the...
Hello traders, we want to check the USDJPY chart. The overall trend of the market is bullish and the price has pulled back to the specified key level after breaking the descending channel. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow to around 149,600. Good luck.