After the recent top at 115.50, UsdJpy dropped aggressively and reached 112.50 support zone. From here a rebound has followed at this moment the pair is reversing from 113.50 zone resistance. I think we will have a new leg down from this point and the first target for sellers can be 112.50 recent low, but I wouldn't be surprised if UsdJpy drops under 112
Hey traders, here is the analysis for the USDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Price is getting ready to solve some imbalance from the big collapse before it returns to take out the buyer liquidity from the support. Do you support this idea?
USDJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
We expect price for the USDJPY to continue to break out of this consolidation range to the downside in the coming week. This move down should test around the 111 levels.
On the daily chart, the USD/JPY is still stable to the downside and turned the general trend to the bottom, and stability around and below the 113.00 support level motivates the bears to move further downward. The closest support levels for the pair may currently be 112.55 and 111.80 And 110.90, which are sufficient levels to push the technical indicators towards...
USDJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDJPY - Weekly - price action telling me theres big downside coming for usdjpy down to 110. We could see further weakness in equities and strength in VIX index that is also calling for upside at current levels.
USDJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
Hello. Due to the negative divergence and the start of price correction, it corrects at least 50% of the previous move And reacts on the weekly positive trend line
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
I think the wave 5 is completed for the USDJPY and we should see more downside to come in the following weeks. In the short term, I'm expecting to see some consolidation at these levels before the break down farther comes.
Don't Forget you money management . Trade your own risk/
Hi there USDJPY is completing last bullish wave for a hard fall Watch lower timeframes to add shorts, wait corrections and watch sharp breakout to the downside to add more shorts positions Good luck