it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
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.
USD-JPY broke out of the Bullish wedge pattern While trading in an Uptrend so I think That we will see Further growth!
USDJPY formed a possible Bearish Setup. Wait for the Structure shift confirmation on lower timeframe. and then we can enter.
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.
As I am saying since last two months that JPY is not strong enough and it will remain in bearish mode and now, we can see the currencies again JPY are going straight up, and I think it will remain up (Pairs)
Dear traders, similar to other JPY pairs, USDJPY has also rallied heavily in the past few days. However, in the hourly chart, we are seeing that UJ is turning bearish with 141.90 level as the resistance. I have already sold at 141.82 and currently holding my sell with a TP at 140.70. SL has been placed above the resistance zone highlighted in my chart .
USDJPY Daily outlook USDJPY arrive at the resistance level and above the resistance level we saw the FVG market most of the time droop from the FVG so wait for confirmation then we can sell the usdjpy
USDJPY shows promising signs of an upward breakout, targeting 148.578 from the current price of 141.216. closely monitoring this critical level for a Breakout. trade carefully..
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.
This pair had a good week and looks ready to move significantly higher. Recently it had found liquidity in the 140 region and will need the same to find some momentum to the upside again. I think a pullback to the low 141’s is possible before the uptrend resumes. How far you trade this will depend on your belief, patience and ability to stay with the trade....
In this video, we delve into a comprehensive technical analysis of USDJPY. We examine the impact of recent fundamental factors, including a surge in US unemployment claims, which led to a sell-off in the US Dollar. The upcoming week is set to witness crucial economic events that will strongly influence the price movements of this currency pair. With indications...
I'm waiting for this pair to go to Resistance and will re-observe whether the bullish will continue to strengthen, or there will be a reversal. for now I still see the bullish still strong.
The price is extremely bullish in all major time frames. If we look at the non-commercial's positions, we can see that short are aggressively increasing in JPY. Meaning JPY is getting weaker. Monthly: The price is in the retracement phase. If you take the fib form low to high of the retracement, .5 fib level is in confluence with important structure that the...
Dear traders, USD/JPY is getting some support from the dynamic support in the 4Hour chart. As long as price stays above the EMA, there is a likelihood of uptrend continuation You can also see the formation of a triangle pattern in the chart. If USD/JPY manages to break through the upper trend line of the triangle, then we can see the next leg of bullish...
USDJPY intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? BUY USDJPY Good luck traders...
After the strong leg up started in the middle of May and the break above 137.50 important resistance, UsdJpy reached a high at 141 zone and has started to consolidate. The consolidation is forming a symmetrical triangle which usually leads to continuation. We can consider two bullish scenarios for this pair: 1. A break above the triangle's resistance and a rise to...