Taking a buy position at 154.759. I haven't seen too many signs showing any weakening in this pair. We are about to break through a previous old high, I'll be holding this trade up until the 164 area or until I see serious signs of weakness on this pair, for now I'm long and will continue to trade with the trend. Let me know your thoughts or if you see something...
⭐️ Smart investment, Strong finance ⭐️ USD/ JPY INFORMATION: During the Asian session on Thursday, the Japanese Yen (JPY) has gained ground against the American counterpart, breaking a three-day losing streak. It had previously reached its lowest level since November 28. The JPY's relative safe-haven status is being supported by a generally weaker risk tone and...
NOVA hello everyone, Let's comment on USD/JPY price next week from August 21 to August 25, 23 World situation: The latest National Consumer Price Index (CPI) data from Japan for July exceeded expectations, registering a year-on-year growth of 3.3%. This outperformed the projected 2.5% increase and was consistent with the previous reading. This unexpected surge...
Based on technical analysis, the 4-hour timeframe is currently showing a rejection of the Exponential Moving Average (EMA) and the first support level (S1) of the daily pivot points. These factors indicate a potential bullish trend reversal in the near future. However, before initiating a long position, it is important to observe whether the price will close...
BUY USDJPY For an impulse I am predicting to get to 153.869 level, encountered a resistance that led to trend correction at recently before reaching the expected level. Judging from the prediction the expected correction has successfully completed now I believe the impulse continues. It's also important to note. If the movement continues bearish and...
Sitting on my hands until price comes up and passes148.750 which is where I would begin to take long positions. UJ has been having a steady increase in price since the start of the year. Price rallies, comes back to retrace prior lows or highs and then proceeds to continue with its rally. Good Luck traders let's see what the week brings us.
Hi Traders, I am currently watching USD/JPY for a potential Long Position. Now looking at standard price action, Price has created a Double bottom and went as far as breaking the neckline. The conventional way to enter this would be by entering once price has retested the neckline, which there is absolutely nothing wrong with. However, looking at the way price...
Reasons: 1. #USDJPY is above the last resistance 2. #USDJPY is between BB(3.2) & BB(1.61) + RSI is > 60 - Bullish 3. As per this setup - entry is around 110.11 , SL: 110.00. Target: 110.32 4. Risk:Reward = 1:2
usdjpy longs and short trads setupes u can understand this chart ?
Hello all we saw buy opportunity at USDJPY at 107.500 Our target is at 108.500 and 2nd target is 109.000 Make sure to put your Stop loss at 106.000 Good luck for coming week ✌️ If you like my idea don't forget to like share comment and follow 🤠
USDJPY LONG RISK MANAGEMENT AND MOVE SL AS YOU HEAD INTO REASONABLE PROFITS TO AVOID LOSSES.
USDJPY looking ripe, Entry for this buy at 105.337 . Our targets at 106.400 stop losses below 105.140 Use proper money management. Tight stop losses as always
Longer term fib, created swing high and swing low. We are now going into a retest phase of the move, before a sell off.
USD/JPY 78.60% fib retest rejection, then into -27.00% (106.351)
YES USDXXX PAIRS HAVE BEEN BEARISH, BUT WITH USDJPY IT TAKES HARD TO EXTREME NEWS OR DATA OF JPY AND USD(TYPICAL TO SAY) BUT THAT IS WHY IT WILL LIKELY NOT MOVE WITH CORRELATING PAIRS(USDXXX AND XXXJPY). THAT BEING SAID IM LOOKING TO GO LONG ON THIS PAIR, RESTED ON A DEMAND ZONE I HAVE BOUGHT WITH A GREAT RISK-TO REWARD RATIO.
As I was expected in the previous published idea Price couldn't break the support zone. A new valley just formed @103.60 higher than the previous valley @103.17. A new uptrend is formed. I buy and there is still time to enter with buy orders. Targets are @105.45 and 106.40
I'm expecting a the US dollar to gain some strength this week, aganist the Japenese Yen. Looking for possible minor move to the upside followed by a retest, and then finally a huge move. Reasons for USD strength: 1.) The yen was very strong last week, and if you look at other currency pairs that traded against the yen, you would notice huge directional moves. 2.)...