Dear Traders, Due sudden bullish move on JPY index, price fell to 152.00 region compared to 155.00 which was our area for reversal in our last idea which hit breakeven after being in profit of 180+ pips. So now we have possible reversal point from this area, however, the price is still tricky. Please use accurate risk management. Good luck.
USDJPY HELLO TRADERS Tendency , the price inside two turning level at 154.786 & 153.625 . TURNING LEVEL (1) : the price of this level at 154.786 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 153.625 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL...
The price has fallen under the dynamic support, which now acts as resistance. We expect the decline to continue after testing the lower boundary of the channel. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the...
USDJPY is moving under an ascending channel between the trend lines. The price is above the 78.6% retracement level, which has already acted as a pivot point. We expect a rebound after the retest of the retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY HELLO TRADERS Tendency , the price is under bearish pressure , as long as trading below turning level . TURNING LEVEL : the price of turning level around 154.740, so if the price breaking this level reach a first resistance level , as long as price trading below this level reach a first support level RESISTANCE LEVEL (1) : this level around...
VISIT FOURTRADES WEBSITE FOR MORE INSIGHT The 1-hour chart reveals more granular details of the recent price action. The pair has formed a bearish engulfing candlestick pattern at the resistance zone around 157.00, which is a strong bearish signal. This pattern indicates a potential reversal to the downside. Furthermore, the pair is approaching a support level...
An ascending flag pattern appears, showing the recovery of USDJPY when news about the stock market or the recent presidential appointment continues to be good for the US market. The USD fell to its lowest stage in approximately 2 months, a improvement amplified via way of means of the pointy boom withinside the fee of the yen that triggered turmoil in worldwide...
The Japanese Yen (JPY) has been a story of woe in 2024, weakening considerably against the US Dollar (USD) due to a widening interest rate gap between the two countries. However, a recent shift in sentiment is brewing, with hedge funds reducing their bearish bets on the Yen in a significant move. Hedge Funds Cut Short Bets on Yen in Historic Move According to...
#USDJPY - UniverseMetta - Analysis D1 - We are in the oversold zone, the price has also adjusted by 4% from the maximum. H4 - A 3 wave structure may form. The entry can be considered from these levels or wait until the structure is formed. The most likely scenario is to consolidate behind the trend line and continue to consider purchases. Stop for the formed...
Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: 15M 1: Swing Structure: Bullish with BOS after taking the inducement. Bullish impulsive swing move starts making a pullback in the internal structure POI liquidity zone. External POI OB FVG already taken from the discounted area. 🟢 Entry Model: Whale scoop Support liquidity demand area...
The recent dramatic rise of the Japanese yen has sent ripples through the financial world. Three sharp surges – on July 11th, 12th, and 17th – have fueled speculation that the Bank of Japan (BoJ) is once again intervening in currency markets. These interventions have resulted in a 4% appreciation of the yen against the US dollar, bringing it to ¥156 per dollar....
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Recently we witnessed a sharp dropped on USDJPY due to BOJ hints of intervene in currency market. However, in fact they just gave hint of intervention and did not specify the plan. In some scenario, many says, it was a move to alter the direction of JPY pairs for sometime. In our view price is likely to move upside strongly after touching our area. We therefore...
The USD/JPY price appears bullish on the 1-hour timeframe due to the completion of an Elliott Wave ABC correction and a reversal falling wedge pattern. We plan to enter a buy position after the breakout of the resistance trendline and key level. This technical setup suggests potential for upward movement.
USDJPY is moving between trend lines, under an ascending channel. The price is testing the channel boundary and has already touched the trend line and support level. We expect a rise after the support retest, which may reach 62% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY HELLO TRADERS TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure . TURNING LEVEL : the price around 159.099 , if the price trading below this level reach a support level , but if breaking this level reach a resistance level . PRICE MOVEMENT : the price in previously it can be breakout a channel ,...
After we saw a good drop in this symbol, I expect it to change its trend to the upward direction by hitting the dynamic trend line and move upwards from this area.
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Fibonacci Level - 61.80% Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence