Price reacts at certain levels because of its high demands. Previous idea last Nov 21, is still my buying longterm. Not changing unless price goes there, You can scalp this idea base on your strategy Banks or other financial institution can rebuy on their old order book, the reaction on price can be use in the future buying or selling again. We wait...
USD/JPY: Bullish Momentum Continues Amidst Shifting Market Sentiments In the early European session, the Japanese Yen remains on a downward trajectory against the USD, as investors recalibrate their expectations regarding the Bank of Japan's (BoJ) policy stance. The prevailing risk-on environment, coupled with the USD's renewed strength, contributes to the...
After pullback to broken broad channel, i think its time to short usdjpy again. Trade safe. Good luck.
Hello, according to my analysis of USDJPY. It exists in a very negative state. The price broke the ascending channel, with the formation of a descending channel as shown in the analysis: All these factors confirm the sellers’ control over the market. More declines in the coming days. Good luck to everyone
USD looks weak, actually USDJPY has made a pullback but looks now read to retest local low.
Hello traders, we want to check the USDJPY chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price and the price will fall to around 143.300. Good luck.
Price retraced correctionally and fail to break the resistance zone Full video on my YT via the Link in my bio
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...
looking bearish trend in 4h timeframe frame beacuse follow ascending trendline
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Last Friday, the yen experienced a decline, reversing the strong trend observed on Thursday. This shift in market dynamics was attributed to the transition of focus from speculations about the Bank of Japan's recent monetary policy to robust Japanese jobs data. On the other side of the Pacific, the US economy exceeded expectations by creating more job openings...
My breakdown for USDJPY this week involves sustaining its temporary bearish trend. Currently, the price has shown a bullish reaction at our identified Point of Interest (POI), resulting in a pullback to tap into a Daily supply zone above. Following this, our strategy involves anticipating a redistribution on lower time frames to facilitate selling opportunities,...
Dear traders, with usdjpy we expect price to rise continuously moving forward due to two main reason, firstly we think buyers presence in the market is significate and this was just a small short of retracement. Secondly, there are many majors news that will have huge impact on DXY moving forward. About entries, there are two areas of entries first is where price...
usdjpy Update ... timefram weekly i think usdjpy can do it Like as chart....
looking bearish trend in daily ti,efra,e beacuse breakout ascending trendline
USDJPY fell from the double top as predicted in last week's analysis, hitting my take profits all the way down to 147.120. Will there be more downside or are we ripe for a rip back to 152.000? How do we trade this? 🤔 This analysis shows us three clean support areas: 146.000 (Bull Channel Support), 145.000 (Previous High), and 144.000 (200EMA). It's reasonable...
looking bullish trend in daily timeframe beacuse follow ascending trendline
This pair is at a crucial point. What happens here will set its course for the next few months or even longer. Last week, it went above 150, but then there was a big drop. It seems the Bank of Japan (BOJ) stepped in, just like they did last year. When they did that last year, the price dropped over 2,000 pips in the following months. Will the same thing happen...