Due to yen bearish dominance and usd strong bullish momentum USDJPY has reached a record high where it is harder to pin point the bearish reversal. Though we can identify the next swing buying opportunity and that what we did, we have identified possible bullish rebound point. Good luck and trade safe.
The USD/JPY pair attracts some sellers around 154.15 on Friday during the early Asian trading hours. The risk-off mood and rising tension between Israel and Iran boost the safe-haven flows, benefiting the Japanese Yen (JPY). However, the robust US economic data and any hawkish comments from the Federal Reserve (Fed) officials might cap the pair upside in the near...
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 moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
USDJPY is trading in the range between the trend lines. In the last attempt to test the dynamic resistance, the chart reacted with a sharp decline. We expect a decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello, according to my analysis of the USDJpy pair, there is a good opportunity to buy. The pair appears to be in a positive state with the break of the downward trend, breaking a very strong double-botton pattern, and breaking the resistance at the level of 141,900. All of these factors confirm a strong entry for buyers. Good luck to everyone.
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. For now I expect a retracement price to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Since March 20th, when FX:USDJPY once again reached the 151.50 zone, marking a decades-high for this pair, the price has been fluctuating within an extremely tight range. However, upon closer observation of the price action, it becomes evident that USDJPY is pressing against this resistance level, with dips being consistently bought. Even during Friday's NFP...
At the beginning of April, Japan's ex-FX diplomat Watanabe said that the BOJ were unlikely to intervene with USD/JPY below 155. Well now the pair trade less than 80 pips beneath this key level (and less than a day's trade by recent standards), 155 is certainly the level to watch today. The strength of the bullish 1-hour trend makes it seem that USD/JPY has little...
Since the open last night USD/JPY has pushed stronlgy higher, so much so that the price has already reached the WR1 weekly pivot. Its a never ending mystery to me why everyone doesn't use weekly pivots as they are lines of interest on the charts known at the start of the week and when price reaches weekly support (WS1) or weekly resistance (WR1) there's a high...
USD/JPY has been bullish since January 2021 and is currently in an ascending triangle pattern, indicating a potential push through the 152.000 resistance level. Is this the moment to long? How do we trade this? 🤔 We need to wait for a confirmed breakout of 152.000. The probability of a breakout is high, but we need the confirmation of support at 152.000 to...
USDJPY is trading in the ascending channel, making higher highs and higher closes. The price broke out of the accumulation range and reached the channel boundary. We expect a re-test of the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders here is this week analysis of USDJPY, as you can see the market broke the resistance zone last week and now it is gouing up but just to be safe I will wait for the market to retest the resistance zone then I will look for long opportunities on the market.
On the monthly chart, we have a larger bearish trend. Presently, the price seems to be seeking the unmitigated supply at 156 price handle. Once we have a mitigated supply, we will be looking for sell limit orders targeting the monthly fair value gap and flip zone at 116.5 price handle. On the weekly charts, upon refinement. we have equal highs at 159 price handle...
Anxiety hangs heavy over the yen market. With the Japanese currency hovering near a 34-year low against the U.S. dollar, traders are wary of potential intervention from Japanese authorities. This comes as Finance Minister Shunichi Suzuki reiterated the government's concerns about the rapid depreciation of the yen. The Yen's Slide: A Perfect Storm The yen's...
Japanese Yen sticks to modest gains against USD, not out of the woods yet The Japanese Yen attracts some buyers and recovers a part of the post-US CPI slump on Wednesday. Intervention fears, along with a weaker risk tone, underpin the JPY and exert pressure on USD/JPY. The divergent Fed-BoJ policy expectations should limit any meaningful corrective slide for the...
Hello fellow traders, Im seeing the FX:USDJPY Could retest this zone. This is only my, This is not a financial advice, are we seeing japan yen could go higher, 160? Follow for more Longterm/swing trades. The idea is Buy.
Hello Traders.. We are taking a look at a different Pair today. The Monthly timeframe and Weekly timeframe really pushing the highs of the range over here. Will CPI be the catalyst to Spaceship us out of the range finally? Or do we still need some more time to gather liquidity and pullback. We pulled back today, Tuesday April 9th, as buyers got gun shy and Sellers...
The Japanese yen weakened barely on Tuesday, with USDJPY now lower back toward 152 - its maximum stage in view that 1990. The yen`s weak spot comes whilst Japanese officers time and again warn that they'll reply correctly to hypothesis in opposition to the yen. However, promoting momentum piled at the yen, specially withinside the face of better longer-dated US...