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** 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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Expecting JPY to reverse and stay bullish; as the price of the UJ have been overbought, in this strong bullish impulse if price drops it would drop heavily most of the time.
Let's wait and see how price react at our designated selling zone.
Hello Everyone 🙋🏽♂️
As we could see at the end of the descending channel,
we had a highest height breakout after that we have 2 scenarios after the price will bounce that zone or we could see double bottom before a bearish market will start or the price will break the zone 152 and a bull market will continue .
my most forecasting scenario is the double top with...
stabilizing above 149.05 will support rising to touch 149.62 then 150.08 then 150.60
stabilizing under 149.05will support falling to touch 148.41 and then 147.85
Resistance prices: 149.62 & 150.08 & 150.60
Support prices: 148.41& 147.85 & 147.05
As you can see RSI making huge divergence in 1W TF and most likely to retest previous high which is around 152. It can go higher but if candles are able to close below 152 it is most likely to go down till 127-125 area.
If a price can stable above 148.73 the direction will be uptrend again to reach 150.28 , 152.03 , 153.89
For any reason if the price backs off and stable under 148.73 , the price will try to reach 147.62 If can break it then will reach 146.19 and 1143.45
Support line:147.62,146.19 ,143.45
resistance line: 150.28,152.03 ,153.89
Hello, according to my analysis of USDJPY, there is a very good buying opportunity. We now notice a retest of the strong support at 137500. With a very positive green candle on the daily chart. The 200 moving average is also in the same area. This is evidence of the power of buyers at this level. good luck for everbody
USD/JPY oscillates in a range around 149.00 mark, just below the YTD peak set on Tuesday
The USD/JPY pair is encountering difficulty in finding substantial momentum on Wednesday and is fluctuating within a limited trading range during the Asian session. Presently, spot prices are hovering around the 149.00 level, slightly below the peak reached on Tuesday, which...
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: On Thursday will be released quarterly GDP in USA, if...
USD/JPY retraces the losses registered on Thursday on the back of a policy rate decision by the Bank of Japan (BoJ). As widely expected, BoJ maintained its current interest rates at -0.1%. The spot price is trading higher around 148.30 during the early trading hours of the European session on Friday..
All signals are personal opinions, please do not follow or...
The aforementioned fundamental backdrop seems tilted firmly in favour of the USD/JPY bulls. Hence, any meaningful corrective pullback might still be seen as a buying opportunity and remain limited in the absence of any relevant market-moving economic releases on Monday.
In This Chart USDJPY DAILY Forex Forecast By FOREX PLANET
today USDJPY analysis 👆
🟢This Chart includes_ (USDJPY market update)
🟢What is The Next Opportunity on USDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
✍️ NOVA hello everyone, Let's comment on USD/JPY price next week from 25-30/9/23
🔥 World situation:
The trading week is coming to a close, and the USD/JPY is expected to end just below 148.50, having reached a high of 148.40 earlier in the day as the US Dollar (USD) responds to a varied Purchasing Manager Index (PMI) reading by covering its bids.
H4 frame - we can see that UJ is following an uptrend.
However, recently there have been signs of light selling - a normal occurrence when encountering resistance zones.
Trading plan, watch SELL at 150.7
If Buy, wait for the signal at area: 146.6
Currently, UJ is in the middle zone, so we encourage followers to wait for good signals
USD/JPY - H4 Chart - Rising Wedge Pattern formation
Price need to Break the Trendline and Retest wedge Pattern and
after strong Reversal formation, we take entry.
Always wait for strong Conformation in Short term for entry. 👈👈👈
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