Comments from the country's monetary authorities suggest a new wave of pressure on the yen after three months of easing or ‘recharging’. With the Bank of Japan not changing policy, the yen is potentially under pressure from an intensified interest rate differential game. And this game promises to be more aggressive now than a year ago, as yield spreads between...
Here is my view for USDJPY on H4. 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!
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.
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: The yearly structure remains bearish, but there was a significant shift in price behavior last year, transitioning from bearish to bullish. This shift was accompanied by heavy volumes and a strong internal breakout. Currently, prices are trading within the range of the last yearly move, indicating a...
Fundamental Overview The lowering of the Consumer Price Index indicates a decreased likelihood of the Federal Reserve imposing new rate hikes, which is welcomed by the market. This presents a strong argument for a pause. As a result, investors are increasingly anticipating rate cuts, which is causing the Greenback to decrease in value. Important numbers to note...
Sharp bullish right now, but probable reversal movement. We need more triggers for short entry, obviously.
It can possibly retrace back to the 30 minute supply 138.499 and will continue to go down at 1 hour demand 134.946
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 looks bullish, there is a possibility that next week there will be a correction at the 50% Fibo. It can be seen that there is an SnD area in that area as well. As long as the price doesn't drop more than the invalid area, I recommend looking for opportunities to go long
Technical Overview The USD/JPY pair scales higher for the fifth successive day on Wednesday and climbs to over a two-week high during the early European session. Spot prices currently trade around the 137.00 round-figure mark, which bulls now awaiting a move beyond a technically significant EMA34 and EMA89 before placing fresh bets. Fundamental Overview The...
Many are still expecting a Fed pause next month but the jobs market isn't cooperating as it record a 13th straight month of non-farm payrolls beating the consensus estimate. A crisis of confidence among regional and mid-sized U.S. banks, which first broke out in March, has also resurfaced, and adding to these concerns is the potential U.S. debt default, the...
Fundamental Overview The Bank of Japan (BoJ) Governor Kazuo Ueda made some statements that were perceived as hawkish, causing the Japanese Yen (JPY) to experience a slight increase. This resulted in a bit of downward pressure on the USD/JPY pair. During a parliament session, Ueda expressed confidence that Japan's economy was improving and inflation expectations...
USD/JPY is currently in a supply zone as indicated in my chart. In the previous two occasions, USD/JPY fell heavily from this level. This time, if we see some bearish candlestick patterns forming in the Resistance level, we can expect another fall to 135 level. This is low risk, high reward sell set-up.
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 view for USDJPY on H1. 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!
USDJPY we have had mixed price action since last week, in order for us to identify the current price behaviour we had to use bigger timeframe to see the market clearly. so what are we looking for? -we are currently looking for DXY to drop a little for this price to drop more and come around our area. -Price may not completely come down to our area of entry, but ...
Technical Overview During the early North American trading session, the USD/JPY pair lost a significant portion of its intraday gains that had pushed it to a one-week high of approximately 136.30-136.35 on Monday. As a result, the pair fell back to the 136.00 level.
#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken and the short-term POSITIVE SENTIMENT against the dollar. It came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway,...