USDJPY is consolidating following a bullish move on the D chart. Price completed the AB=CD pattern. The market made a bullish move from the the support. Look left We expect a retest of the resistance level and channel border since the major trend is bullish. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
USDJPY has been in a strong downtrend since last week, it has now breakout of a correctional move anticipating futher drop.
If the double top on the weekly chart is going to hold, then there should be a good amount more downside in USD/JPY. If it doesn't - we'll exit this trade. 149 was a key breakdown area - in case of a rebound we can enter short. A close above 149 probably nullifies this trade. 145 is the key target.
Recent data shows inflation has eased since October: CPI (excluding fresh food and energy): 3.7% Total CPI: 3% Inflation in Tokyo, although exceeding 2%, is still slightly lower than forecast FX Update: USD/JPY edged 15bp higher to around 147.25 after this data
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...
This week, the current position of USDJPY appears favorable, positioned near two promising Points of Interest (POIs). We are inclined towards buying opportunities as the price has recently responded to a supply zone, and we anticipate a slowdown and accumulation. Upon the completion of Wyckoff accumulation within our designated zone, we will seek buy positions...
HELLO TRADERS As i can see this pair has reached at support zone !!!! and i am trying to scalp some pips on this trade charts are crystal clear on Risk Reward ratio % have look on other newly updated trades so u can judge market next moves its just and trade idea share ur thoughts with us we appreciate ur love and comments and happy to answer you
My last trade on USDJPY was just bad luck, it touched my SL for nuts and next got back turbo to TP. This time will be different. UJ is consolidating, looks strong enough to continue the rally (for short term, while we are still downtrend on daily)
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bullish market structure from higher timeframe perspective, so I am looking for longs. I expect bullish price action from here as price took sell side liquidity from old low, filled the imbalance and rejected from bullish order block. Like, comment and subscribe to be in...
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...
I am scalp long on USDJPY, support looks strong and is holding, DXY is gaining strength, so it looks good to enter
Hello Everyone i want share my idea about USDJPY. Japan currency is dead, its coming downside clear and beautiful but in this week we had some rejection from buyers and this rejection was strong. In my opinion dollar will start strong bearish movement for that i will try to catch movement, at the chart we have some good rejection from sellers which broke range...
USDJPY last week's trade finally hit TP 🎯🎯 Like I always says, Patience is Key.
Most Asian currencies rose on Tuesday, pushing the dollar to a three-month low as confidence grew that the U.S. Federal Reserve is done raising interest rates. However, gains for most regional currencies were limited this week as traders remained cautious on a number of key economic indicators. This week, all eyes will be on the PCE price index, the Fed's...
triangle pattern for usdjpy to push up or to push down, wait the breakout
My bias for USDJPY is bearish due to the fact that price has reacted off the last supply from the whole chart, and has now given a CHOCH and BOS's on the higher time frame. Price has also took all the liquidity that was left above leaving price to now melt downwards and target all the asian lows, trend lines, equal lows, and imbalances that was left previously....
USD/JPY Eyes Bullish Impulse on Japan's Economic Signals Recent data from Japan indicates progress in achieving sustained inflation, sparking speculation of a possible shift in the Bank of Japan's (BoJ) ultra-dovish policy in the early months of 2024. This contrasts with the belief among investors that the Federal Reserve (Fed) has concluded its rate hikes and...
Dollar seems to be weak when compared to other pairs and we can see that usdjpy is at a strong resistance level on weekly and daily time frame, Also we a supply level from where we can expect the pair to fall further.