#1 Risk 1% RR of 1:3 Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full...
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect price to go a little bit higher to fulfill the imbalance and then to reject from trendline for another short opportunity. Fundamental news: This week on Friday will be released NFP...
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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
JPY's rally benefited from hawkish comments from BoJ Governor Ueda when he emphasized policy divergence between the Fed and BoJ. USDJPY is falling again after 2 consecutive sessions of increase. Technical indicators show that the downward momentum is still strong. The key resistance to watch is the 200-day MA at 142.75, with the next target at 143 and 144. On the...
USD weakened, JPY and antipodeans led the rise Asian stocks fell, with futures on the S&P 500 index up slightly by 0.07% US 10-year bond yield falls 1.7bp to 3.88% Gold increased 0.5% to around $2063/oz WTI oil increased 0.2% to above $73.70/barrel Bitcoin accumulates around 43.5K Investors continued to digest November PCE and December Consumer Sentiment data...
Currently, with the recent reaction from the 22-hour demand zone, there's an expectation for a retracement towards a nearby supply to trade in line with the trend. At the current price, I'll wait for the small bullish reaction to lose steam in order for price to distribute. Once the Wyckoff distribution occurs on the lower time frame, accompanied by a CHOCH, I...
The Japanese Cabinet Office has forecast that CPI consumer inflation will increase to 3%. Early tomorrow morning, the market will receive CPI inflation data that has been higher than the BoJ's 2% target for more than a year, boosting expectations that the BoJ will pivot and support the rise of JPY.
USD-JPY - PREPARE YOUR SHORT! These are my keylevels for USDJPY on daily tf.
The US dollar is experiencing volatility against most major currencies today, with market sentiment affected by predictions that the US Federal Reserve may start cutting interest rates. The Japanese yen remains an exception, maintaining its position against the dollar following the Bank of Japan's decision to continue its expansionary monetary policy. Federal...
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price almost filled the imbalance and reacted from institutional big figure 145.000. Like, comment and subscribe to be in touch with my content!
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.
USDJPY has officially broken out of the bull channel it's been in since February 2023 and fell hard into the Weekly 200EMA! The final Daily bear candle closed with a large wick over 1/3 the total size and the following Daily candle closed with a long tail as well. Does that mean we're going up? How do we trade this? 🤔 A bear breakout on a bull channel after the...
Goldman Sachs Data reported on December 18 that Goldman Sachs has revised its forecast for next year's exchange rate and expects the US dollar to weaken further. “The biggest revisions to our forecasts are on exchange-sensitive currencies like the Japanese yen,” strategists including Danny Suwanapruti and Michael Cahill wrote in a Dec. 15 report. , the Swedish...
Hey Everyone, While many traders believe that UJ will reverse and drop significantly, but, what we think price will continue the bullish trend as it is very unlikely that JPY will gain its strength back. UJ will at least move up 500+ pips before it may drop significantly. For this year, USDJPY remain too bullish in our opinion. what do you all think about it?
Reuters reported: The tax reform council of Japan's ruling Liberal Democratic Party has agreed to reduce income taxes to compensate households suffering from soaring prices and support a change in the deflationary mindset that has pervaded the country. past decades The move is also intended to encourage a healthy growth cycle driven by private sector demand, with...
Price reacts at certain levels because of its high demands. Previous idea last Nov 21, is still my buying longterm. Not changing unless price goes there, You can scalp this idea base on your strategy Banks or other financial institution can rebuy on their old order book, the reaction on price can be use in the future buying or selling again. We wait...
looking bearish trend in 4h timeframe frame beacuse follow ascending trendline
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.