USDJPY increased yesterday, and bar D1 yesterday closed beyond the previous Inside bar pattern, creating a breakout to establish a new high, continuing the push to the bottom. This breakout could add further upside momentum to USDJPY D1. Structurally, USDJPY D1 is still moving sideways in the main price increase in D1. USDJPY H1 broke out of the accumulation...
The Japanese yen turned into little changed The Japanese yen turned into mildly unstable on Monday, with USDJPY soaring simply under 156. The recognition stays on any capability authorities intervention to assist the currency, after at the least instances of intervention in early May. The authorities is stated to have stepped in to deliver down the USDJPY...
USDJPY is on the way to perform a massive drop on the long term, but actually i am looking to scalp it on this boring friday. I am waiting a possible long setup, that could start with a little drop till the support zone 154.75, and here i expect a bounce. Only if the price will start to bounce there, i will look for a long tomorrow, at the beginning of the NY session
We have seen 2 interventions from the BOJ over the past 2 weeks. The first came when the USDJPY hit between 158.000 and 160.000 and the second when it hit almost 158.000. With the BOJ warning that it is ready and willing to step in again, how smart is it to try to catch the ride down if or when the BOJ steps in again? Finance Minister Shunich Suzuki...
The Japanese yen USDJPY rose 0.6% on Monday, although trading volumes in the currency were limited due to a market holiday in Japan. The rate is inversely linked to the strength of the yen, which has fallen sharply from a 34-year high of more than 160 yen last week amid signs of repeated government intervention in currency markets. But given that the...
My old friend finally decided to listen to me and make a good drop. More is coming of course, and i expect a reclaim of the 146.000 level sooner or later (probably before june). I placed another sell limit at 154.500, in case will see a spike to liquidate some shorts. Holding all for the long term
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as Correction in Short Time Frame Fibonacci Level - 161.8%
The Japanese yen experienced a notable rise on Monday, which analysts interpreted as a potential sign of intervention by Japanese authorities in the foreign exchange market. The move comes after a significant depreciation of the yen, which has fallen nearly 11% against the dollar this year and 35% over the past three decades, recently hitting a 34-year...
Dear Traders, Hope you are doing great, right here we have an excellent opportunity of buying USDJPY, JPY plummeted few days ago as BOJ kept the interest rate as the same and decided not to change. Leading a heavy sell off on YEN. However, price did make strong correction right after the sell off, though we think it was temporary correction. Right now price is at...
HELLO FIRENDS As we can see USDJPY holding the bullish trend strongly and looking for these design levels if they will not break our Stop loss zone, we are expecting these move incoming days or weeks on weekly based chart there is a clear view that why we are looking for more higher high and let the chart makes a double top on these levels let's see what market...
As i shared many times, i expect a drop in the long term for USDJPY. I drawed a clean main trendline that is obviously bullish, but i think we are going to change the trend soon. I expect some fast moves as soon as we start to approach the main trendline
The US greenback has visible wide appreciation this year, in large part because of expectancies of a put off withinside the Federal Reserve`s circulate to reduce hobby rates. However, the yen and received have weakened appreciably towards the greenback in comparison to maximum different currencies. Following the joint statement, the yen noticed a healing as...
Due to yen bearish dominance and usd strong bullish momentum USDJPY has reached a record high where it is harder to pin point the bearish reversal. Though we can identify the next swing buying opportunity and that what we did, we have identified possible bullish rebound point. Good luck and trade safe.
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. For now I expect a retracement price to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Anxiety hangs heavy over the yen market. With the Japanese currency hovering near a 34-year low against the U.S. dollar, traders are wary of potential intervention from Japanese authorities. This comes as Finance Minister Shunichi Suzuki reiterated the government's concerns about the rapid depreciation of the yen. The Yen's Slide: A Perfect Storm The yen's...
The Japanese yen weakened barely on Tuesday, with USDJPY now lower back toward 152 - its maximum stage in view that 1990. The yen`s weak spot comes whilst Japanese officers time and again warn that they'll reply correctly to hypothesis in opposition to the yen. However, promoting momentum piled at the yen, specially withinside the face of better longer-dated US...
Dear Traders, USDJPY currently trading at extreme seller zone, though daily timeframe has not show strong intention from seller. However, in upcoming weeks we may see strong sellers pressure coming in the market. Please use accurate risk management.