My dear subscribers, My technical analysis for USD/JPY is below: The instrument tests an important psychological level 141.111 Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 142.020 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate...
USD/JPY Sees Modest Gains Ahead of Fed and BoJ Policy Announcements USD/JPY is showing signs of picking up bids, recording its first daily gains of the week, as markets await the monetary policy announcements from both the Federal Reserve (Fed) and the Bank of Japan (BoJ) with mixed feelings. At the moment, the Yen pair is trading around 141.10. Fundamentally,...
I am looking to short USDJPY right now at current market price of 140.326 take profits are set at 137.361 stop loss can be set at 25 pips from entry. I will continue to make updates and comments about this trade.
Based on the H4 chart analysis, we can see that the price is currently at our buy entry at 140.72, which is an overlap support level that aligns with 23.6% Fibo retracement. Our take profit will be at 142.20, which is a pullback resistance level. The stop loss will be set at 138.88, which is a pullback support level. Please be advised that the information...
On USD/JPY, we have a bearish setup with a trendline holding from the level 141.90. Currently, the price is at 140.70, where it could break the previous minimum before a re-test. If the re-test is confirmed properly, it could give us a clear signal for a short trade with a target at 139.90. Let me know what you think. Happy trading to everyone from Nicola, the CEO...
Price is currently consolidating, however, we can expect a bearish reaction off our sell entry, at 142.17, which is at the 61.8% fibo retracement level, and an overlap resistance key level. Our take profit is at 140.21, which is at the 38.2% fibo retracement level, along with the overlap support key level. Stop loss is at 143.86, which is at a pullback resistance...
USD/JPY Gains Momentum as Risk Sentiment Improves Ahead of Central Bank Events During the Asian session on Tuesday, the USD/JPY pair showed a slight upward movement, although without strong follow-through. The rise in the pair was primarily driven by a positive risk tone in the market, which weakened the safe-haven appeal of the Japanese Yen and provided some...
Amidst a prevailing downtrend scenario in the USD/JPY pair, we have observed a notable pullback in price action, specifically within the 61.8% and 50% Fibonacci retracement levels. This pullback is indicative of a temporary upward correction within the broader downtrend. However, a closer analysis of the price movement reveals a clear pattern of the market...
Hi Traders! There is a potential bull flag opportunity here on the USDJPY 2H chart. The market has been trading with bullish momentum over the past couple of days, and we have drawn the flag pole to show the big bullish momentum wave along with the flag consolidation. What we are looking for in this setup is first a support hold of 141.220 and then a break and...
Based on the H4 chart analysis, we can see that the price is approaching our sell entry at 142.07, which is a pullback resistance level. Our take profit will be at 140.27, which is a pullback support level. The stop loss will be set at143.87, which is a pullback resistance level." Please be advised that the information presented on TradingView is provided to...
✅USD_JPY is going up now But a local resistance level around 142.240 is ahead Thus I am expecting a pullback And a move down towards the target around 141.310 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
USD/JPY Surges Above 140.20 Mark Amid BoJ Rate Decision Anticipation USD/JPY witnessed a surge above the 140.20 mark as investors eagerly awaited the Bank of Japan's (BoJ) rate decision. Weekly data from the US Department of Labour (DOL) revealed positive figures, with Initial Jobless Claims coming in lower than expected at 228,000, the lowest reading since...
The USD/JPY is currently experiencing a bullish rally within a downtrend main trend. In the recent hours, the price has retested the resistance level at 139.600, which coincides with the Fibonacci retracement level of 61.8%. This level could potentially act as a barrier for the price to continue its rally and prompt a reversal back in the direction of the main...
We can see strong downtrend here, but price then started to form higher highs and higher lows. Bulls gained control, but I expect to see bearish pullback and new higher low formation. Keep your eyes on 140.300 zone.
USDJPY - Classic bullish pattern - Our team expects growth SUGGESTED TRADE: Swing Trade Long USDJPY Entry Level - 139.723 Stop Loss - 138.868 Take Profit - 141.001 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
Price is now in a bullish momentum, and approaching our sell entry at 140.80. Our sell entry is slightly below the 50% fibo retracement, and there is a potential bearish reaction off this key level as it is also a overlap resistance. Our stop loss is at 142.96, which is a swing-high resistance at the 78.6% fibo retracement. Also, there is an intermediate...
Hello,Traders! USD-JPY was making a Bearish correction from The highs but the the pair Has hit the strong horizontal Support level of 138.000 From where we are seeing A powerful rebound so I Think that we will see Further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 138.74, which is an overlap resistance level. Our take profit will be at 137.18, which is an overlap support level. The stop loss will be set at 140.28, which is a pullback resistance level It's worth noting that the price has broken below an ascending support line,...