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.
USD/JPY consolidates in a tight range around 147.40 ahead of US UoM confidence data The USD/JPY pair consolidated its recent gains in a tight range below the mid-147.00s during the first hour of Asian trading on Friday. The stronger US dollar (USD) is underpinned by strong US economic data. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value...
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.
During the Asian session on Tuesday, USD/JPY is struggling to rebound from its losses in the previous day. The pair is treading water around 146.60 as market participants await the release of the US Consumer Price Index (CPI). The downward pressure on the pair can be attributed to both bullish comments made by the Bank of Japan (BoJ) and a lackluster performance...
USDJPY has reached major structural resistance and the upper border of the ascending channel. Then it dropped from there. Price action created a gap. Usually, the market fills the gap. Currently, it is pulling back to fill the gap. A false break is going to be an ideal short entry signal. We can see the price droped from this level...
The USD/JPY pair broke its winning streak of three days, trading lower around 147.40 in the early hours of Wednesday's European trading session. The currency pair retreated from its recent highs reached on Tuesday, marking a new high since November 2022. The pair is facing downward pressure following a statement from Japan's top currency diplomat, Masato Kanda,...
Dear Traders, After recent data related to NFP came out to be in support of USD price have reacted positively, though overall data still indicating strong upcoming downtrend on USDJPY. Wait for price to come to our region at the rejection please enter accordingly. If you like our work then please comment and like the idea. Thanks as always for showing support!!!
USDJPY needs to create a small amount of liquidity to pick up momentum again! In terms of technical factors, the psychological barrier is providing very good support at 146.159 Thank you for reading! ❤️
USDJPY has reached major structural resistance and a psychological level of 148.000. Price action is testing a psychological level of 147.500 and the Fibonacci inversion level. The market made a double top and divergence on the daily chart, indicating a potential pullback from the structure resistance. ------------------- Share your opinion in the comments...
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.
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!
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
In Japan, the Bank of Japan's Governor Kazuo Ueda highlighted that underlying inflation remains slightly below the 2% target during a Federal Reserve research symposium. This observation reaffirms the central bank's commitment to maintaining the current monetary policy approach. Despite core consumer inflation in Japan hitting 3.1% in July, companies passing on...
**USD/JPY Technical Analysis: ** Currency Pair: USD/JPY Current Price: 146.400 The USD/JPY pair is trading at 146.400 after a strong upward movement, it seems that buyers are not as interested as before. This shows on the Daily chart's RSI, which is a tool that helps us understand the market. The RSI is showing a clear divergence, which means things might change...
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!
Given the current bullish trend and the contrasting monetary policies between the Federal Reserve and the Bank of Japan, the USD/JPY pair appears to offer a good buying opportunity in the short term, especially before the release of pivotal U.S. economic data. Always remember to manage your risk effectively. TRADE IDEA DETAILS CURRENCY PAIR: USD/JPY CURRENT...
I analyze USDJPY using the D1 time frame so that we can know in general terms the trends that are occurring and the possibilities that could occur in the future. If you look at the series of waves that have occurred, currently there is a correction in wave B with the price forming waves a-b-c-d-e and heading to the QM area. by adding the RSI indicator we can see...
Hello traders, we want to check the USDJPY chart. The price is moving in a descending channel and pulling back to a key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price. We expect the price to drop to around 144,600. Good luck.