USDJPY will rise more against the JPY. I think USD is stronger than JPY and this pair will rise gradually. Better to look buying opportunity on it.
Dear Traders, Hope you all doing great, recently we have seen some bullish momentum and that is why our bias and area of entry has changed drastically. For this pair an ideal enrty would be to wait for it to come to our area of entry where we can go long for swing. What do you think? Comment down!!
USD/JPY formed the Cup and Handle and the price broke above the brim level. 7>21 Price <200 -Mixed RSI>50 - bullish We are still waiting for the price to break above 200MA before we head to the target of 143.87 All I can do is wait and hold.
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.
Technical Analysis Summary USDJPY TREND ANALYSIS We have 1 Uptrend in green color Internal Trend (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR...
Since the last publication; price action moved over 400 pips in our direction (see link below for reference purposes) as the Greenback rose 0.6% to close the week just below the 135.000 zone. The Japanese yen was among the worst-hit Asian currencies as the US Dollar hit a six-week high against a basket of currencies after stronger-than-expected inflation readings...
Well, you can find all the details on the chart. Our important zone that can push the price higher is between 134.57- 134.92. The supply zone (136.69- 137.48) is very strong and powerful. So if the price breaks this zone we can see the higher levels. Targets of bullish scenario: 138.17 139.57 140.90 If the price has a bearish reaction on the supply zone we...
As per Dow Theory this setup seems to form new Lower Lows on 30 min frame. Trade Plan SHORT CALL Entry Price : 135.066 Stop Loss : 135.377 Take Profit1 : 134.700 Take Profit2 : 134.362 ( Lot Size 0.44 as per Capital of USD 10000 1% Risk)
basing on the support and resistance model of trading this looks like a respected level
If this plays out it"ll probably gonna be the best idea i have ever published. Use proper risk management and All the best:) Dont forget to boost,comment and follow me if you agree with this idea:)
USD-JPY is hit The horizontal key level Which is a strong supply area So I think that the pair Will make a bearish correction From the level
This is just An IDEA . In USDJPY DAILY Timeframe have ABCD BEARISH Pattern GREEN LINES are Targets for TP. WAIT FOR CLOSING RED CANDLE. GREAT DAYS .
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.
Forming descending Channels Incase Of Upside Breakout Expecting 500+ Pips bulish Wave Keep In Mind Entry Will Be Only Confirmed After Breakout
#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever...
Dear Traders, while we are bullish one DXY I expect price to drop with USDJPY as jpy will be bullish in coming days despite the PMI data. FOLLOW FOR MORE AND GOOD LUCK!!
Hello traders! ‼️ This is my perspective on USDJPY . Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I look price to continue the retracement to fulfill the imbalance and then to reject from bearish order block + institutional big figure 136.000. ‼️Attention!!! Due to the fact that we have news events on USD this...
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.