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.
Dear traders, with usdjpy we expect price to rise continuously moving forward due to two main reason, firstly we think buyers presence in the market is significate and this was just a small short of retracement. Secondly, there are many majors news that will have huge impact on DXY moving forward. About entries, there are two areas of entries first is where price...
USDJPY fell from the double top as predicted in last week's analysis, hitting my take profits all the way down to 147.120. Will there be more downside or are we ripe for a rip back to 152.000? How do we trade this? 🤔 This analysis shows us three clean support areas: 146.000 (Bull Channel Support), 145.000 (Previous High), and 144.000 (200EMA). It's reasonable...
looking bullish trend in daily timeframe beacuse follow ascending trendline
Chart says all. UJ is trying hard to broke up the trendline. If it succeed (i expect it) it could pump till 149.00, my target to switch short next
USD-JPY - KEYLEVELS These are my Keylevels . Nothing bullish here yet, maybe a discount zone?
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 want price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block + institutional big figure 148.000. Like, comment and subscribe to be in...
Recent data shows inflation has eased since October: CPI (excluding fresh food and energy): 3.7% Total CPI: 3% Inflation in Tokyo, although exceeding 2%, is still slightly lower than forecast FX Update: USD/JPY edged 15bp higher to around 147.25 after this data
HELLO TRADERS As i can see this pair has reached at support zone !!!! and i am trying to scalp some pips on this trade charts are crystal clear on Risk Reward ratio % have look on other newly updated trades so u can judge market next moves its just and trade idea share ur thoughts with us we appreciate ur love and comments and happy to answer you
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bullish market structure from higher timeframe perspective, so I am looking for longs. I expect bullish price action from here as price took sell side liquidity from old low, filled the imbalance and rejected from bullish order block. Like, comment and subscribe to be in...
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...
Most Asian currencies rose on Tuesday, pushing the dollar to a three-month low as confidence grew that the U.S. Federal Reserve is done raising interest rates. However, gains for most regional currencies were limited this week as traders remained cautious on a number of key economic indicators. This week, all eyes will be on the PCE price index, the Fed's...
triangle pattern for usdjpy to push up or to push down, wait the breakout
🕛 TOPDOWN - Navigating Breakouts and Corrections Overview: This currency pair broke a 25-year resistance level last year, displaying a fakeout. This year, a robust flow confirms the breakout, with potential for a yearly closing above this level. There's also proximity to breaking a multi-year head and shoulders pattern, accompanied by substantial multi-year buy...