The USD/JPY pair traded near a seven-week high above 158.00 during today's European session. The rally appears to have paused amid uncertainty over the Federal Reserve's (Fed) interest rate path and the release of Japan's national Consumer Price Index (CPI) data for May , will be announced on Friday. Market expectations for the Fed to start cutting interest rates...
I see a reversal opportunity for USDJPY trading, the price enters the supply zone, it is hoped that the price will drop through the white space as a profit zone, with a target demand zone of m15. Use stoploss above the supply zone. Good luck notes. All risks are not our responsibility.
USDJPY analysis Daily and weekly time frame The trend of this currency is still upward in the weekly time frame, but it has decreased in the daily time frame. If the ceiling of the daily supply area is touched, the daily trend of this currency will be upward and we can still have higher goals for this currency pair. Support and resistance areas are marked on the chart.
Dear Traders, Hope you are doing great, price of USDJPY remain tricky. Previously, we had anticipated that price will drop heavily, however, due to weak Japanese yen price remain bullish as it was before. We still currently in a correction zone, where we can expect price to drop slightly lower to our area of entry and then we can see a strong buyers liquidity...
USDJPY made an attempt to breakout from symmetrical triangle pattern on 12/6/2024 before US CPI Data released. After US CPI Data released on 12/6/2024, the USDJPY dropped tremendously from 157.37 to 155.75 level. Today 13/6/2024, USDJPY climbed to sensitive rejection level 157.35 again. On 4-Hours Timeframe Chart, you can see a potential Head & Shoulder...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDJPY went up sharply But the pair has hit a Horizontal resistance level Of 157.72 and we are Already seeing a bearish Reaction so we will be Expecting a local move down !
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame Resistance Level
I have USDJPY going to 160 and beyond..... price may be a little choppy until then but I am Long on this pair and I've been using every dip (when price takes bearish dive) as a buying opportunity. I can see price testing the previous highs of 157.844 (yellow level) and eventually breaking and closing above it, once this level of previous resistance (157.844) is...
I see a bearish trend on USDJPY, marked by the price below the 200 EMA in black, and currently the price is entering the RBD Rally Base Drop supply area, I see the price will continue its decline, if you take 1: 2 from the SL plan, this is quite realistic. Happy Trading. The risk of profit and loss is not our responsibility. This is not financial decision advice....
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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I am expecting USDJPY to make a sell move downward and take out the previous lower low.
USDJPY analysis Daily and 4-hour time frame I expect the price to fluctuate between the specified areas
USDJPY is on supporta nd grab liquidity from here then we can see upside move and take tp around 0.5 FIB level. Manage your risk accordingly.
Script is currently printing higher highs and higher lows. however now entering into critical resistance zone along with the active divergence appearing on the RSI make it a good setup to short on the levels pointed on the charts. DYOR (DO your onw research)
Hello everyone i want share my idea about USDJPY Price action. After huge uptrend, we saw some strong sellers which active after strong downside movement of JPY index. Japan government said in 2024 they will change monetary policy which was signal for swing traders, JPY index had pretty bad 2 years, it was coming strong downside, after this statement of Japan...
My Dear Robbers / Traders, This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and...