💵USDJPY ANALYSIS 💸
- The Yen is still recovering very strongly since the USD/JPY pair fell to its lowest level in nearly 40 years at 141.95.
- The recovery is mainly supported by many interventions of the Japanese Government. Especially the support from the narrowing of the interest rate gap between Japan and the United States.
- The market is expecting the Fed to...
After falling for almost a month, dollar has gained some strength in recent weeks and the Japanese currency intervention is seemingly slowing down, as we have seen some huge bullish moves on other pairs. As seen on chart, the price has hit the weekly 0.618 fib level and the VWAP drawn from the start of the second quarter(March). For our TP levels we target 146.55;...
The potential impact of a US Federal Reserve rate cut on USD/JPY is a key issue for investors and currency strategists, especially as we approach a potential Fed policy change in 2024.
With the divergent monetary policies of the Fed and the Bank of Japan (BoJ), market participants are divided on whether a Fed rate cut will lead to a weaker USD/JPY.
Pair : USDJPY ( U.S Dollar / Japanese Yen )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Falling Wedge as an Corrective Pattern in Short Time Frame
Support Level
Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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My Dear Robbers / Money Makers & Newbies,
This is our master plan to Heist USD/JPY "GOPHER" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish...
👀 👉 Someone requested a video on USD/JPY. Currently, I don't see any viable trade opportunities, as the price is range-bound. I'll be waiting for a break, retest, and failure of either the previous range high or low on the 4H chart before considering any trades on this currency pair. Here's my technical analysis.
Disclaimer: The content in this video is for...
Pair : USDJPY ( U.S Dollar / Japanese Yen )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Falling Wedge as an Corrective Pattern in Short Time Frame
Support Level
USD/JPY pares back gains toward 145.00 on tepid risk sentiment
USD/JPY pares gains back toward 145.00 in the Asian session on Thursday, snapping the rebound. Mixed Japanese PMI data and fresh US Dollar buying support the pair but dwindling risk sentiment checks the pair's upside. Focus shifts to US Jobless Claims and PMI data.
BUY limit USDJPY zone...
USD-JPYwent down but
The pair will soon retest
A horizontal support level
Of 140.464and as the pair
Is locally oversold I think
That we will see a local
Bullish rebound!
BUY USDJPY now 147.200-147.000
↠ Stoploss 146.800
→Take Profit 1 147.500
→Take Profit 2 148.200
Japanese Yen remains tepid as US Dollar advances due to diminished bets of Fed rate cuts
The Japanese Yen declines due to low trading as traders observe the Mountain Day holiday in Japan. The US Dollar receives support due to diminished odds of Fed rate cuts...
Dear Traders,
Hope you are doing great last two setups on USDJPY, did not work out in our favour, however, we still aim for price to grow after touching our area. Please wait for price to drop to our area before entering or taking any entries.
Good luck and trade safe.
Dear Traders,
Due sudden bullish move on JPY index, price fell to 152.00 region compared to 155.00 which was our area for reversal in our last idea which hit breakeven after being in profit of 180+ pips. So now we have possible reversal point from this area, however, the price is still tricky. Please use accurate risk management.
Good luck.
USDJPY broke the pattern as you can see the price now is at a support zone which there is volume increase and it might reach the target i highlighted this is not a financial advice you make your own choice
USD/JPY is extending recovery above 155.00 in the European session on Tuesday. The pair stretches higher, as the US Dollar capitalizes on a cautious mood while Japanese Yen traders adjust their positions ahead of Wednesday's BoJ policy decision. The USD/JPY pair trades back and forth in a tight range above the crucial support of 156.00 on Monday’s European...
The price has fallen under the dynamic support, which now acts as resistance.
We expect the decline to continue after testing the lower boundary of the channel.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the...
