USDJPY buy Entry : 131.570 Stop : 130.180 , Target1 : 132.960 , Target2 : 134.350 Risk/Reward Ratio : 2
After an initial drop yesterday, UsdJpy reversed from this important zone of support, leaving a nice Pin Bar on our daily chart. This could be the signal for a reversal and bulls could target 135 resistance. Confirmation for a rise coms with da daily close above yesterday's high and this outlook is valid as long as yesterday's low remains intact.
Hello and Happy New Year to everyone! UJ is due for some correction, and I expect to see a nice push upwards after steadily dropping from price 134.400 since last week. Moving Average indicators are signaling a nice movement up from here as shown. If the pairing does break into a buy, I am expecting a bit of retracement around 132.600 area to eventually...
UJ has slowly been gaining momentum since the 700-pip drop last week due to the BOJ Monetary Policy announcement. The pairing finally saw a strong directional bias today after ranging between small resistance and support price points. The 4 hour chart seems to be showing a bullish bias. Expecting the price to continue to push up, even if slowly. Entry: 134.500...
I am looking to long UsdJpy once it strongly breaks the current resistance and closes above it. If it fails to break it and rather breaks the below support, I will be looking for short opportunities
The US dollar against the Japanese yen may return to the bullish path next week, after the US Federal Reserve raised interest rates and stated that it will continue to raise interest rates in the coming year. All this may increase the strength of the dollar. Here, the dollar is seen breaking a downtrend on the four-hour time frame and testing it, and for this I...
USD-JPY was trading in a downtrend But now we are finally seeing A massive bullish breakout Which is confimred so we are now Bullish biased on the pair At least in the mid term And thus after the pullback And retest of the broken levels We will see a move up
USDJPY hrly long buystop @ 137.500 TP #1 @ 137.662 84.31% wr TP #2 @ 138.225 56.86% wr SL @ Swing low 136.331 5.8% hr WR and HR are determined by past trades on this pair, on this timeframe. More systematic trades are posted on my profile and on Bifrost Trades.
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analysing the EURUSD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
I am considering taking a long on USDJPY with a big SL cluster that appears the last hours within 136.15-135.85 area. I need a catalyst that will provide with Upside potential on USD and take a Long on the pair by tracking it's order flows and news catalysts. Possible Catalysts for Friday 9th December. US PPI's more positive than expectations US Michigan data...
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.
Here is my view for USDJPY on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Quick update for you on this position after getting the entry signal on Friday and the intial 200 pip pop were we had closed 50% of the position and moved the STOP to entry price (which nearly got hit yesterday). You can now see its moving nicely towards the 139 area I talked about in Friday's post the PMI numbers helping price go above 137 today I have now...
Quick update on my previous post as expected we dipped under 135 actually down below 134 price was extremely oversold across leading into the NFP release then my indicator giving the green light to enter. I have already closed 50% of this position and the stop loss is at entry will trail the stop as we move up Read my previous to learn how I was able to...
This pair is moving according to my previous idea after we got the move back up into the early 140's price went as expected and is now at the predicted level of 135 and is creating new SUPPLY/SELL zones as it moves which is very good. You can see 135 is the start of a untested Weekly/Monthly DEMAND/BUY zone so you should expect buyers to start coming in below...
USDJPY is currently at the 4h support level, and to strengthen this emerging bullish scenario; we had a bullish head-and-shoulders pattern formation. Let's see the reaction...
Japan’s Employment and Retail Trade Data will remain in Focus - FED Powell gives Direction - Smart Money heavily Long 90/10 - Targets @ 143 - 800m in Expiries in the Range of 137.5 & 139 - Max RR 1:6
Hello Dear this is my ideas. Open Position : 139.356 Take Profit :164.111 Stop Lost : 138.800 Leverage 1:50 PROFIT : 790 PERCENT best regards.