USDJPY is trading in the ascending channel , making higher highs. Price is returning to the support level as a result of the market's pullback. The marker is likely to go up from the kill zone: psychological level + fibo level + bullish harmonic pattern. We expect a retest of the resistance level . ------------------- Share your opinion in the comments and...
USDJPY has come to hit my TP, though I'm still expecting some upward movement. I shared an analysis on 22/02/23 concerning DXY gaining strength, which will affect dollar base pairs. I reviewed two pairs which I opened: USDJPY and EURUSD . my EURUSD trade is still open, though I have realized first TP and also added a little position which currently on profit. I...
On Hourly time frames pair is going to test it's important Support area around 136.700-136.950 which can be a good opportunity to enter for long; EP: 136.827 SL: 135.408 TP: 138.847 RRR: 1.8
Keep an eye on US Treasury yields, as the two-year US bond yield rose to 5.085%, the highest in Asia, and currently stands at 5.062%; the Nikkei index closed up 0.5% at 28444.19 points. The USD/JPY rose to 137.90 and then retreated, but still remains bullish; The USD/JPY rose from the morning low of 137.10 in Asia to the highest of 137.90, and then softened...
Here we await for a pullback to the breaker block or even further down to the fair value gap to tick all the boxes. With this volatile bullish move, a bearish move is the inevitable, after this anticipated short pullback, we should expect an impulsive bullish move targeting 140.000 which is the daily supply zone…
1. Bearish bat formation completion at daily resistance level. 2. Ascending channel completion at daily resistance level. 3. Equal measured move completion at daily resistance level. 4. Daily resistance level previously respected. 5. RSI (7) strongly overbought.
Hello traders! ‼️ This is my perspective on USDJPY. Here I still expect bearish price action as price formed huge H4 divergence which indicates bearish move, as well price could reject from bearish order block + institutional big figure 137.000. ‼️Attention!!! Due to the fact that we have news events on USD on Wednesday, Friday and JPY on Friday, the analysis...
this trade have is malty conformation. I hope you make profit
Seems Is ready for bearish move Rising wedge has Already broken expecting 280 to 300 Pips Bearish move
Despite negative GDP data last week (negative variance of 1.71), the dollar closed its fourth consecutive week in positive territory, trading 1.80% higher to culminate at the 136.500 zone. The economic data released so far this year has painted a stronger picture of the U.S. economy. It is also worth noting that the incoming BoJ governor Kazuo Ueda indicated that...
Fundamentals On Thursday, the US 10-year Treasury yield rose sharply after breaking through 4%, leading to a rise in the US dollar. Intraday fundamental news was mixed, with strong US employment data but dovish comments from Federal Reserve officials, as well as continuing inflation in the Eurozone and hawkish signals in the European Central Bank meeting...
USDJPY Fractal Trade Safe The Risk management is always the Key I will Update the Idea after 3 days From now stay tuned.. Good Luck!!
USDJPY is trading in the ascending channel, making higher highs. Price is returning to the support level as a result of the market's pullback. The marker is likely to go up, potentially resulting in an AB=CD pattern. We expect a retest of the resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
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.
Trade Plan Series of LH and LL Confirmation of Bearish trend and then new lower low and failed to produce new HH Entry Bearish Candle Stick Formation near LH 1) Hanging Man 2) Shooting Star Short Call Entry Price : 136.336 Stop Loss : 136.493 Target 1 : 136.154 Target 2 : 135.977
im looking to sell uj next session if 136.6 holds if so we will see a nice push to the downside towards 134.7-134 area
The USDJPY pair is expected to reach the support trendline on the 4-hour timeframe and approach a significant level of 135.224, which will create a price confluence. I anticipate a reversal from this crucial level. Nevertheless, if the price breaks the support trendline and closes below it, I will switch from my bullish bias to bearish. It's worth noting that...