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...
USD/JPY consolidates in a tight range around 147.40 ahead of US UoM confidence data The USD/JPY pair consolidated its recent gains in a tight range below the mid-147.00s during the first hour of Asian trading on Friday. The stronger US dollar (USD) is underpinned by strong US economic data. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value...
In my opinion, there is a chance that prices may continue to rise slightly to the QM area before experiencing a bearish correction. If you wish to engage in short-term speculation, it is important to be mindful of your money management practices.
USD/JPY has been consolidating in a narrow range of 145-147 for the past three weeks. The pair is demonstrating an accumulation and should breakout soon. The reversal zone is a big potential, at least for 100 pips. The hurdle for raising rates this month is higher, implying the possibility for US Dollar falls. Next stronger reversal zone possibility is at around...
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.
During the Asian session on Tuesday, USD/JPY is struggling to rebound from its losses in the previous day. The pair is treading water around 146.60 as market participants await the release of the US Consumer Price Index (CPI). The downward pressure on the pair can be attributed to both bullish comments made by the Bank of Japan (BoJ) and a lackluster performance...
The USD/JPY pair broke its winning streak of three days, trading lower around 147.40 in the early hours of Wednesday's European trading session. The currency pair retreated from its recent highs reached on Tuesday, marking a new high since November 2022. The pair is facing downward pressure following a statement from Japan's top currency diplomat, Masato Kanda,...
USDJPY price movements are still in accordance with the latest analysis. Although bullish, it is still most likely the price will be stuck in the QM area. If you want to do a short, it's better to hold it first until the price is in the QM area. Seeing the RSI indicator that also looks saturated and divergent occurs, then in a time that is not too far can occur bearish.
Hi Traders! USDJPY is looking as strong as ever and does not seem to be slowing down anytime soon. Our long-term bullish outlook on this pair has worked perfectly. Since we broke the 145.073 range zone resistance, the market has continued with bullish momentum. We also had a bull flag opportunity on the 1D chart that was executed very well. The market is on its...
Dear Traders, After recent data related to NFP came out to be in support of USD price have reacted positively, though overall data still indicating strong upcoming downtrend on USDJPY. Wait for price to come to our region at the rejection please enter accordingly. If you like our work then please comment and like the idea. Thanks as always for showing support!!!
USDJPY needs to create a small amount of liquidity to pick up momentum again! In terms of technical factors, the psychological barrier is providing very good support at 146.159 Thank you for reading! ❤️
This summer, quiet markets favored the carry trade. Popular funding currencies here are still the JPY and the CNY. The carry trade involves borrowing low-interest currency and investing in high-interest currency to profit from interest rate differential and exchange rate movements. Traders often use JPY and CNY as funding currencies due to their low-interest...
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.
Here is my analysis for USDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price is making HHs and HLs and is currently at the crucial resistance zone where divergence is also created. Hopefully, it will change its character after being rejection from this resistance zone.
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
In Japan, the Bank of Japan's Governor Kazuo Ueda highlighted that underlying inflation remains slightly below the 2% target during a Federal Reserve research symposium. This observation reaffirms the central bank's commitment to maintaining the current monetary policy approach. Despite core consumer inflation in Japan hitting 3.1% in July, companies passing on...
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...