We expect further downside on this pair, signalled by the symmetrical triangle pattern breakout. We can also see the breakout of a trendline and key level which further supports our directional basis.
I am waiting two level on USDJPY before entering. 150.600 is the level where i wil start shorting, otherwise at 144.000 i will start buying. This two levels are really important, because they are daily support and resistance. This levels also fit as fibo level 1.618 and -0.618 of recent leg
Hello Traders! This is my idea related to USDJPY M30. I expect a continuation of the bullish trend and I will look for a long entry on USDJPY. We have a very strong bullish move and I want to see a retracement at the FIB 50% level. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see...
The Tokyo Consumer Price Index (CPI) for January witnessed a deceleration in Japan's national capital, dropping to 1.6% from the previous reading of 2.4%. This marks the first time in almost two years that consumer inflation has fallen below the Bank of Japan's (BoJ) 2.0% target. Additionally, the Core CPI (YoY) experienced a decline from 3.5% to 3.1%. The Bank...
OANDA:USDJPY Observing USDJPY (H4), discernible indicators suggest a waning momentum within a descending price channel. This presents an opportune entry point with anticipated gains outweighing potential risks. Selling at current price: 147.775 Stop loss at: 148.901 Take profit at: 145.600 Note: Risk management 2%
USDJPY completed its third leg up in this bull trend then failed to break the Resistance Zone on a second attempt, creating a double top reversal pattern. It followed by breaking the Bull Trend Support line. Should we short? How do we trade this? 🤔 We have three legs up, failed to break the Resistance Zone on the third leg, then a second attempt, followed by a...
Based on the chart a move to the downside of usdjpy is expected to complete the sideways correction(Flat). Is the move all hope or ?, let's wait see and then we will act accordingly.
Well, as you can see the price hit the important supply zone that is on the 0.705 Fibonacci level and had a bearish reaction. Once the price grabbed the internal liquidity and entered the FVG. Now we can expect the price to continue the bearish trend to fill the FVG and then hit the bullish order block that formed at the 50% Fibonacci level. (First...
Hello Traders, here is the full analysis. Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question,...
Hey Trader, Check this analysis out on USDJPY After the FOMC data that simply put the Dollar in a more stable state, USDJPY has successfully broken the demands zone and it is yet ravaging above the second main support area, looking forward to that zone being broken, and then we go to a sell trade Keep a close tab on this one.
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here I expect bearish price action for short term as price filled the imbalance and rejected from bearish order block M30. My target is liquidity below equal lows and institutional big figure 147.000. Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest...
When i say that patience is the key, this is exactly what i mean. USDJPY was a trade of patience. It try multiple times to be bullish, but i was pretty sure that 148.5 was the top. I was lucky to catch the exact top with my first trade, honestly i was expecting a little upside moves. The second trade was placed on retest, and both trade are now close to the...
USDJPY W1 - The price can form a potential 3-wave structure and continue falling, the nearest level is 140.170, breaking through the 1st wave to implement the 3rd wave D1 - The price has approached the breakout of the 1st wave, which can form the 3rd wave and begin a downward movement to local levels 143.012 What can you expect? You can consider...
HELLO TRADERS I am looking USDJPY chart and its now consolidation & trading in a channel. as we know tomorrow is BANK OF JAPAN interest rates coming out and I hope so it will be good for JPY even they are same as in forecast maybe it can be surprising expected the BOJ to end its negative rate policy, which has set Japan's short-term deposit rate to minus 0.1% over...
The price had a bearish reaction after collecting the liquidity above the previous daily high. In addition, the price created the liquidity pool formed equal highs below the supply zone. So we can expect the price rise to collect the liquidity and have a bearish reaction to our supply zone. Please pay attention; we need a lower time frame confirmation for...
CEO of asset management fund Eurizon SLJ Capital, Mr. Stephen Jen, said that the USDJPY exchange rate could fall to 1 USD for 130 Yen by the end of this year, while the yield on Japanese government bonds with a term of 10 year is likely to increase by 1.5% - 2%. USDJPY traded around 148.10 and the 10-year bond yield was at 0.71% on January 29. According to...
My view on USDJPY has not changed. I still see a bearish setup with a strong confirmation. Break of main trendline (daily), retest of it, i expect a break of the short term trendline (Hourly) and drop. As a support, there is a nice divergence on H4 timeframe. Target is around 146.000, invalidation is a break above recent highs
USDJPY (D) Continue to give a sell signal on frame H1 after frame D appears with a set of bearish candlesticks. Sell now at: 147.617 Stop loss at: 147.947 Take profit 1 at: 146.811 Take profit 1 at: 145.74 Note: capital management 2%.