USD is much stronger than Japanese Yen. Japan economy is not in the good condition. As per my analysis Yen will remain weak for the whole next week. Better to look buying opportunity on it.
Price tested a key support zone at 134 on the Daily timeframe, which is in line with the 78.6% Fibonacci retracement. A break above the confirmation level at 135.2 could provide bullish acceleration towards the resistance zone at 137.2, which coincides with the 78.6% Fibonacci extension level. Price is holding above the Ichimoku cloud and 20 EMA, supporting our...
Price is bullish, forming higher highs and higher lows. Price is currently hovering above a key demand zone at 134 on the H4 timeframe. A throwback to this demand zone, which coincides with the 78.6% Fibonacci retracement, followed by a break above our upside confirmation at 135.2 could provide the bullish acceleration to the supply zone at 136.5.
USDJPY is taking support on its major levels. Japanese yen is not stronger, as we all knows Japan did not increased it interest.
Price is testing a key support zone at 133.80 on the H4 timeframe, which is in line with the 38.2% Fibonacci retracement. A throwback to this zone could present the opportunity to ride the bounce to the resistance zone at 135.20, which coincides with the 50% Fibonacci extension level and graphical high. Price is holding above the Ichimoku cloud and Stochastic RSI...
After an extended pullback on the USD/JPY daily chart, we think it is time for the pair to revert higher. A bullish divergence formed with the RSI (2) and a bullish pinbar formed on after a failed attempt to break below 130. Being a round number, there's reasonable chance of demand down at that level, and yesterday's up day is part of a 3-day bullish reversal...
USD seems stronger than JPY. I think JPY is weaker than all its pair. It is better to look buying setup on all JPY pairs next week.
Price is currently hovering above a key support zone at 132.50 on the H1 timeframe. A throwback to this support zone, which coincides with the 78.6% Fibonacci retracement, could provide the bullish acceleration to the resistance zone at 133.80, in line with the 161.8% Fibonacci extension. Price is holding above the 20 EMA and Ichimoku cloud, while Stochastic RSI...
The USDJPY took support at major level. I believe USDJPY will rise if JPY continue to show weakness.
Prices have broken above a key resistance-turned support zone at 133.20 on the M30 timeframe, in line with the 23.6% FIbonacci retracement. A throwback to this zone could present an opportunity to ride the bounce to the resistance zone at 135.00, which coincides with the 161.8% Fibonacci extension and 61.8% Fibonacci retracement. Price is holding above the 20 EMA,...
On the H1 timeframe, prices are testing a support zone at 136.20, which is in line with the 38.2% Fibonacci retracement. A throwback to this zone presents an opportunity to ride the bounce to the resistance zone at 137.20. Stochastic RSI is in the oversold region below 20, and price is hovering near the bottom of the Bollinger Bands, supporting our bullish bias.
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.
Japanese Yen looking weaker, against the USD. I think every support is the chance to buy USDJPY.
Prices have broken through a resistance-turned-support zone at 132.80 on the H1 timeframe. A throwback to this level, which is in line with the 50% Fibonacci retracement, could provide the bullish acceleration to the next resistance zone at 134.50. Prices are lying above the Ichimoku Cloud, while Stochastic RSI is in the oversold region below 20, supporting our...
Wait for the retest on the trend line then again wait for the rejection then buy it.
Japanese Yen is still weak and I don't believe that in coming days it will show strength till US will not start to decrease its interest rate. Every dip in USDJPY is an opportunity to buy it.
Last week JAPANE has not increased its interest rate and by this JPY come again in weakness after some strength but from last Thursday USD took strength against the JPY. Better to watch buying opportunity on it.
Hello guys The @USDJPY will be expected to rise this week, the first target we can make it simple 152, you can set your goals as follows: @USDJPY TP ✅ : 152 TP 2 ✅ : 154 TP 2 ✅ : up up up .... If there is negative news on the dollar, it can fall back and return to a rise... That's why let the stop loss be flexible, and I am confident in my analyzes that it is...