The USD/JPY currency pair is poised for a rally, fueled by anticipation of the US CPI data and the USD's strength. Market sentiment leans bearish with the expected S&P500 opening and recent global oil price trends may force the Fed's hand in rate hikes. Meanwhile, the BoJ shows optimism towards inflation targets, and Philadelphia Fed President advocates patience...
USDJPY is consolidating at the psychological level at 143.000. The market created a bearish harmonic pattern. Price dropped from this zone before. Look left. We will look for selling opportunities if the price closes below this level. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Hey Traders, We back for new week with the new analysis of USDJPY Price having sharp bearish move in daily time-frame, As you see in 4-hour time frame we closed bellow 4h level so we broke 4h level to down, so what we expect, is bearish move in multi-time-frame, By the time we are analyzing and writing price having a sharp bearish move, we expect another...
3rd August daily key reversal bar, made a new high closed on the low, aggressive indication for short ahead usdjpy, take 2 positions by splitting risk equally, one cmp , one pending half % with 50% retracement. target 139.40, stop loss above 143.85.
USDJPY Movement 1. Demand Zone lower TF (H1,H4,M30) 2. H4 & D1 Trendline 3. Fibonacci fav level 23.6 & 38.2
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...
bearish order block range as supply zone 142.40-142.95. stop loss 143.15, target: 139.40. Non-commercials reduced 40k shorts by last 4 weeks while commercials reduced 40k long by last weeks signs for jpy bullish reversal.
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!
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.
In the previous week, we witnessed a remarkable 4.6% surge in the Japanese yen, propelling it to a two-month high against the greenback. However, as Friday's trading session unfolded, the U.S. dollar began to edge higher, with traders factoring in the potential end of the Federal Reserve's rate hike cycle amid easing inflation. Softer-than-expected U.S. inflation...
142.40-143.00 supply zone for short. stop loss above 143.00 i.e. 143.20. target: 138.50
Here is my analysis for USDJPY on H1 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!
today the movement of this pair looks bullish after the market structure has made a new HH. still in accordance with the previous analysis, the target price is at fibo 0.382