**Monthly Chart** USDJPY broke the high of August 1998 and moved higher in Oct 2022 which created a new swing high at around 150 level before drifting lower. This created a new strong level since then and the price was unable to break above it. Additionally, the price created a new MC in Nov 2023 and the price moved towards it and currently testing it. ...
USD/JPY jumps to 148.80 on hopes that the BoJ will maintain its ultra-loose monetary policy stance on Tuesday. The BoJ lacks a significant wage-price spiral to back an exit to negative interest rates. Diminished Fed rate cut expectations keep the US Dollar strong near its three-week highs around 103.50. USD/JPY is the forex ticker that shows the value of the US...
Its been a while since I dont post this pair, Now looking good for its momentum. Well see how things works, previous price surge could be just a liquidity. The idea is to make equal highs again. This idea is Buy only. Trade at your own risk. This is not a financial advice either. Follow for more higher context. Patience is a Virtue, higher timeframe is Good...
#USDJPY The price came out of that 4h trend, but we don't have a LL on 1D, which made the price pump from the support of 145, at this moment the week closed with a resistance rejection . on 4h, respectively of the former trend line, on Tuesday morning we have the BOJ R-interest.
Guys Am currently looting some money in this GOPHER Market. My Heist started at the Moving average Pullback in Sydney session💰.
🏃♂️ USDJPY is moving near the 🟡 Potential Reversal Zone(PRZ)(147.520 JPY-147.318 JPY) 🟡. ✅It also seems that USDJPY has succeeded in forming a Symmetrical Triangle Pattern . 📚 What is a Symmetrical Triangle❗️❓ 🔸 The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains...
Hello traders, we want to check the USDJPY chart. After breaking the uptrend line, the price is moving in a descending channel and has pulled back to the key level indicated. We expect this level to play the role of a resistance level and the price will fall to around 146,400. Good luck.
USDJPY Looks good to add more to my shorts. I am waiting the price to reach the resistance area at 148.400, where i expect it to start drop again. I think we will see new lows this week or at the beginning of the next week.
Expecting JPY to reverse and stay bullish; as the price of the UJ have been overbought, in this strong bullish impulse if price drops it would drop heavily most of the time. Let's wait and see how price react at our designated selling zone.
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.
In the 4-hour timeframe, USD/JPY is displaying a bearish bias, evident by a breakout from consolidations on the downside. Traders might seek to enter selling positions after a correction, typically ranging from 61% to 78%, has been completed, anticipating further downward movement. Monitoring for confirmation of the correction's end could help in timing entry...
The USD/JPY pair recovers to 147.50 after a two-day consolidation in the European session on Tuesday. The asset rebounds as the Japanese Yen weakens after Bank of Japan (BoJ) voiced doubts over Japan’s economic outlook. BoJ Ueda said in Tuesday’s Asian session that the economy is recovering on a few economic grounds as consumption remains weak. Also, Finance...
Most Asian currencies were range-bound on Monday, while the dollar fell near a two-month low as markets awaited key US inflation data for further reading. signals about when the Federal Reserve will cut interest rates. Regional currencies are surging from last week after dovish signals from Fed Chairman Jerome Powell and labor data reinforced expectations that...
Dear Traders, FX:USDJPY reached the maximum bullish exhaustion point, currently the consolidation phase is going on expecting huge volume coming on tomorrow. Sellers will likely to dominate in this month as corrections on all JPY pairs will begin in soon time. Meanwhile, We will be focusing on targeting the ‘target one’ and then we will update the chart idea...
Hello everyone, New week ahead. Looking forward to it! Last week we had red folder news. BTC is pumping, gold is following. I did my TA last night for my point of interset. If you look back at the charts, you can see why I am not putting limits. If I see a big candle pushing in my zone of interest, I am more than happy to watch how it goes and step in after liq...
Hello Traders! This is my idea related to USDJPY H2. I expect another retracement in the OB level and after that I will execute a long trade in case of confirmation. I see the price to go up until the level of 149.500. Wait for confirmation! Apply Risk Management! Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this...
Trading Setup: There is a Trading Signal to Sell in USDJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 150.45 ⭕️SL@ 151.56 🔵TP1@ 147.30 🔵TP2@ 143.66 🔵TP3@ 139.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...