Same idea as the previous short on this pair. I expect to see some resistance form on the hourly chart over the day or so. This will happen in the yellow zone. Once that happens I will be taking short positions from them with my SL being about 15 pips above where that resistance is.
Hello, according to my analysis of USDJPY. It exists in a very negative state. The price broke the ascending channel, with the formation of a descending channel as shown in the analysis: All these factors confirm the sellers’ control over the market. More declines in the coming days. Good luck to everyone
USDJPY continued to decline today and traded near the round number of 146,800.
Yesterday the USDJPY currency pair recovered slightly, but the green movement was still ambiguous and it seemed that this was not enough green movement to help USDJPY make any move.
Important support levels were broken one after another and the outlook for this pair is still down with...
Hello Everyone i want share my idea about USDJPY.
Japan currency is dead, its coming downside clear and beautiful but in this week we had some rejection from buyers and this rejection was strong.
In my opinion dollar will start strong bearish movement for that i will try to catch movement, at the chart we have some good rejection from sellers which broke range...
My bias for USDJPY is bearish due to the fact that price has reacted off the last supply from the whole chart, and has now given a CHOCH and BOS's on the higher time frame. Price has also took all the liquidity that was left above leaving price to now melt downwards and target all the asian lows, trend lines, equal lows, and imbalances that was left previously....
Hi, Sell opportunity on 4H. To notify the free signals, analysis, follow, boosts, comments, and write questions. Observe the money management (Use 1~3 % of your balance for each signal) and the stop loss.
USDJPY (H1) Is creating a pattern of narrowing the fluctuation range after a strong price increase.
Buy Stop at 149.812.
Stop loss at 149.021
Stop at 151.277
After the price breaks the multiple structure, then the 150,500 area becomes an important level.
Currently the price is just trying to return towards the 0.786 Fib area. after that the price will retest the price level around 150,500 - 150,700. Once the price reaches this area, further confirmation is needed for bearish action.
Introduction:
The USD/JPY pair has experienced a dynamic week marked by a double top pattern, providing insightful clues for traders. While recent days showcased a retracement and an apparent uptrend tendency, the most recent price action is signaling a potential shift.
Retracement Dynamics:
The past week witnessed a retracement in the intense and continuous...
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.
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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?
USDJPY is retesting the broken horizontal support level on the 4-hour timeframe, or the lower trend line.
We expect the pair to re-test the key support levels listed on the chart,
We are taking this trade based on technical analysis and candlestick patterns.
These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the...
In the foreign exchange market, the U.S. dollar weakened, closing at the day's low, extending Tuesday's losses. Data: October building permit applications were higher than expected, but did not provide much support for the dollar. Sterling fell by nearly 40 pips following October's retail sales data, but then rebounded sharply as the US dollar weakened. The yen...
Hi Traders!
The 151.946 apex level proved to be too strong and there is a now potential double top pattern on the USDJPY 1W chart after the market failed to break and close above 151.946.
Price Action 📊
After the initial break and close above the previous strong resistance level at 145.073, the market traded with continuous bullish momentum to target the...
PIMCO, one of the world's leading investment management firms, has taken a significant position in buying yen, indicating their preparedness for an imminent tightening of the Bank of Japan's (BOJ) monetary policy.
The BOJ has long been known for its accommodative stance, but recent economic indicators and signals from policymakers suggest a potential shift...
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.
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...
