The truth is that I don't know if it's over or not. It certainly feels like the USDJPY pair is going a lot lower, given that the Fed is very close to pausing and cutting rates in 2023. Deflation has always benefited the Yen, which might be the case again. The BoJ took the best stance of all central banks, as they held rates low and provided liquidity when the...
- 2020: 1 Year of accumulating SHORTS, LONGS used to depress price - Q2-21: Distributing SHORTS while Accumulating LONGS - Take profit on SHORTS, use profits to to accumumate LONGS - Take some profits on LONGS to consolidate price - 2021: Accumulating LONGS (3 impulses) - 2022: Q2+Q3 = Mark up price, Q4 = Distributing LONGS - COT indicates that more LONGS need to...
Hey traders, Analyzing a daily chart on USDJPY, I noticed that the market is stuck within a narrow horizontal range. The price perfectly respects a key horizontal support & resistance. This week, look for a breakout trade. A bullish breakout of 140.4 - 140.8 (daily candle close above) will be a bullish signal, and will lead to a continuation to 143.0...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for USDJPY . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
USDJPY dropped to a peculiar zone of confluence yesterday. We see a perfect intersection between a horizontal demand area and 0.5 retracement of the last bullish impulse. The price was nicely rejected and a doji candle was formed. On an hourly time frame, I spotted an ascending triangle formation. It confirms a highly probable bullish continuation. Goals:...
HELLO GUYS THIS MY IDEA 💡ABOUT USDJPY is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. USDJPY is overall bullish trading inside the brown channel. Moreover, the zone 144 - 147 is a strong supply zone. So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green supply zone and upper brown trendline. (acting as...
After filling the imbalance we could see a potential move to the downside. Wait for confirmation on a lower TF. What do you guys think about it? please comment down-below
Hey traders, USDJPY reached a strong daily supply area 2 days ago. Analyzing the reaction of the price to that structure on lower time frames, I spotted a double top on a 4H with a confirmed neckline breakout. I already shorted the pair. Goals: 132.34 / 131.05 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with...
UJ we have RVI divergence we have a strong bearish candle breaking MA9, we have weakening DXY, we can look to take sell trades around this daily candle and aim for previous balanced range, identified with the green dashed horizontals. Good night and Good Luck.
Trade Idea: Calling a top on USDJPY Reasoning: Price action stalling? Entry Level: 129.95 Take Profit Level: 128.62 Stop Loss: 130.52 Risk/Reward: 2.35:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Like most Yen pairs, UJ has hit a yearly high zone, levels not seens since 2016 Looking for sell opportunities here and looking for a retracement back to previous support levels. Looking at key SR levels and RSI for overbought on high time frames
• Ascending channel on the daily time frame • Micro double top at 116.40 • Next target upside is 118.50 followed by 120 round figure
Currently USDJPY is on a BUY, with the short uptrend expected to meet key monthly resistance at 115.000. After that we might probably see the YEN appreciate VS the Greenback. USDJPY is being supported beneath by a rising key strong trendline, which would likely be tested if the rejection occurs at 115.000 again. There is no doubt that this pair is expected to...
Usdjpy is has rejected it major resistance level and is now heading for the downside.
Update for USDJPY. I shorted the pair this morning. It is overbought and its time to fall. Sell! Please, support this post with like and comment!
USD/JPY Long 10:41:31 (UTC) Tue Aug 3, 2021 =====🆕 New===== 📢 Signal#:5 🏦 OrderType: Buy 💰 OrderSize: 0.75 💱 Symbol: USDJPY 📈 OpenPrice: 109.298 ⏰ Expiration: --/--/---- 🎯 TakeProfit: 0.000 🛑 StopLoss: 0.000
The algorithmic advisor Marketmiracle generated a LONG input signal for the currency cross USD JPY The entrance price is 109.41 and the target price 110.5577 for a possible profit of 1.05 Market sentiment is positive so it should facilitate movement Analyzing on the diagram I expect a movement of the prices like that indicated This idea is based on the...