Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 155.900 zone, USDJPY is trading in an uptrend and currently seems to be attempting to break it out. If we get decent dips below the support area we will be looking for a potential retrace of the trend towards more lows. Fundamentally the last CPI data came below...
Attention Traders, In today's trading session, our focus is on USDJPY, where we're eyeing a potential selling opportunity around the 155.700 zone. Currently, USDJPY is entrenched in a downtrend, undergoing a correction phase as it nears the critical support and resistance area at 155.700. From a fundamental perspective, there's notable contention in the market...
Conversely, in the scenario of sellers regaining control and driving the exchange rate lower, support appears at 149.70 and 148.90 thereafter. Continued losses beyond these thresholds may lead to a pullback towards 147.50 in the near term. USD/JPY outlook: Extended consolidation above trendline support to precede push towards key barriers Confirm long Target
In the upcoming week's trading session, our focus is on USDJPY as we anticipate a selling opportunity around the 149.800 zone. USDJPY has recently shifted from an uptrend and is currently undergoing a correction phase, presenting an opportunity as it approaches the 149.800 support and resistance area. As traders, it's important to monitor USDJPY closely as it...
Greetings Traders, In today's trading session, our focus shifts to USDJPY, where we are actively monitoring a potential selling opportunity around the 144.600 zone. After trading in an uptrend, USDJPY has experienced a significant breakout to the downside. The currency pair is currently navigating a correction phase, steadily approaching the critical retrace area...
Greetings Traders, In the current trading session, our focus is squarely on USDJPY, where we are actively evaluating a potential selling opportunity around the 143.300 zone. As USDJPY navigates a downtrend, the ongoing correction phase places it in proximity to the trend at the pivotal 143.300 support and resistance area. This analysis takes a deep dive into the...
The current downtrend of USDJPY reflects a sustained downward trajectory, with the currency pair currently navigating a correction phase. This correction is steadily approaching the trend at the critical 142 support and resistance area, a numerical level of historical significance. The convergence at this juncture presents an opportune moment where the ongoing...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 143 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 143 support and resistance area. Trade safe, Joe.
In today's trading session, our primary focus is on USDJPY, where we are actively monitoring a potential selling opportunity around the 142.500 zone. Presently entrenched in a downtrend, USDJPY demonstrates a sustained downward trajectory. Concurrently, the currency pair is navigating a correction phase, steadily converging towards the trend at the pivotal 142.500...
In today's trading session, our attention is focused on USDJPY, as we actively monitor a potential selling opportunity around the 142.600 zone. Having previously traded in an uptrend, USDJPY has recently undergone a notable shift, successfully breaking out of the uptrend. Presently, the currency pair is in a correction phase, gradually approaching the retrace area...
In today's trading session, our primary focus is on USDJPY, as we carefully monitor a potential selling opportunity around the 145 zone. Presently entrenched in a downtrend, USDJPY demonstrates a sustained downward trajectory. Concurrently, the currency pair is navigating a correction phase, steadily converging towards the trend at the pivotal 145 support and...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 146 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 146 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 147.200 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 147.200 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 147.800 zone, USDJPY is trading in a downtrend and currently is in a consolidation phase in which it is approaching the trend at 147.800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 150.100 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 150.100 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 149 support and resistance area. Trade safe, Joe.
After breaking to the upside and retracing to form liquidity withing internal structure, price pushed to the upside with very low and steady momentum. It then formed liquidity below a supply zone that it could use to retrace and target the internal liquidity that remains untapped.
STRATEGY LONG TARGET 175USD YEN The market thinks the Bank of Japan’s new governor is negative for the yen and a plus for stocks, at least based on his first policy board meeting. In fact, the headline NFP print showed that the US economy added 253K new jobs in April against 179K anticipated, offsetting the downwardly revised reading of 165K. Adding to this,...