For the UJ, I'm looking for this short buy to our supply zone 1., if that doesnt work, then we look to out to our supply zone 2. After that, we look for a sell set up to at least 141.500s
USD/JPY On downtrend; First target 140.945 FX:USDJPY OANDA:USDJPY PEPPERSTONE:USDJPY
OANDA:USDJPY Yesterday, I held the view that USD “could move higher, but any upside is expected to face solid resistance at 144.00.” USD then rallied to 143.89 before making a surprisingly strong drop (low was 142.05). The price action seems to be part of a wide trading range. Today, we expect USD to trade between 142.00 and 143.50 Yesterday, USD rose to a fresh...
Hi fellow traders, USDJPY has completed a huge correction in WXY formation. Look for a sell opportunity from this area to the other side of the channel. Good luck and trade safe!
As Japanese authorities implement measures to safeguard the currency, USD/JPY experiences slight declines around 143.20 on early Thursday. The movements of this Yen pair are influenced by a combination of cautious optimism in the market and the US Dollar's retreat before several US economic indicators are released. Earlier today, Kazuo Ueda, Governor of the Bank...
The yen has just hit a 20-year historical low due to the implementation of loose monetary policies by the Bank of Japan. This development has significant implications for traders like yourself, and I firmly believe taking immediate action to safeguard your investments is crucial. The Bank of Japan's loose monetary policy, aimed at stimulating economic growth...
In an effort to achieve a consistent inflation rate above 2%, Governor Kazuo Ueda of the Bank of Japan (BoJ) has introduced increased flexibility in the Yield Curve Control (YCC), while maintaining negative interest rates. This move is indicative of the central bank's intention to create a roadmap for transitioning away from its ultra-loose monetary policy....
Hello Traders, The Chart is dirty i know, but bear with me. The week has been good for the Dollar. First, from a fundamental point of view, Flash Manufacturing PMI came out Positive. Consumer Confidence also came out quite positive for the dollar. On Wednesday, The Fed raised the interest rate also strengthening the dollar which has resulted in the uptrend we...
USDJPY, i am expecting an up move because it has to meet its daily POI, but it has also Choch to down side there are two point for down move as explained in chart
On the hourly chart the trend started on July 21(linear regression channel). There is a high probability of profit taking. Possible take profit level is 140.36 But we should not forget about SL = 141.99. Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading
☑️ Broke the structure on the D1 timeframe If we break the red level, the analysis becomes invalid🙅♂️ Let's make some money 🙌💪
Here is my analysis for USDJPY on H4 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!
S&P500 futures have recorded significant gains in London, indicating a more relaxed risk-off sentiment. On Wednesday, US equities experienced substantial selling pressure, primarily due to a sharp decline in technology stocks. Investors are being cautious as they anticipate that tech-savvy companies may continue to struggle due to the Federal Reserve's decision to...
Hi Traders! There is a potential bull flag opportunity here on the USDJPY 2H chart. The market has been trading with bullish momentum over the past couple of days, and we have drawn the flag pole to show the big bullish momentum wave along with the flag consolidation. What we are looking for in this setup is first a support hold of 141.220 and then a break and...
USDJPY's journey is in accordance with last week's analysis where the price was stuck in the support area and now it is corrected and enters the fibo 0.382 area. If you look at the close of this week and a fairly strong bullish candle is formed, and the price pattern is lined up on a curved line, it is likely that strong bullish will still dominate after this.
USDJPY, is currently retracing since we had a massive drop price was expected fill up the liquidity voided area. Our current view on USDJPY remain bearish on daily timeframe.
I normally don't trade UJ however for the benefit of those who do, thanks to a friend's request to take a look and share my thoughts, here is what I would normally look for, a break above the 139.134 zone and a retest of same area, will set the pair up for a nice long position. A break below the 137.296 area and its retest, will set the pair up for a short. For...
The USD/JPY pair is currently holding steady at around 139.20 during the Asian trading session, following a slight pullback from its weekly high near the 140.00 level on Wednesday. However, concerns regarding China's economic slowdown, worsening US-China relations, and geopolitical tensions may provide support for the safe-haven Japanese Yen (JPY), which could...