FX:USDJPY continues to move on the upward trajectory, trading around yearly highs at 151.70 during the European session on Monday. The USD/JPY pair eyes a potential ascent toward the major resistance at the psychological level of 152.00. This could materialize if the strength of the US Dollar (USD) gathers momentum, propelled by higher US Treasury bond yields and...
Well, you can see all the important supply and demand zones on the chart. If you have questions, feel free to ask. 💡Wait for the update! 🗓08/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
USDJPY, the double bottom pattern, might indicate a reversal of the previous downward trend. Traders often use the distance between the lowest low of the pattern and the resistance line to estimate a potential price target. Based on this pattern, and major direction of trend, a projected target of 151 might be feasible. However, it's essential to apply technical...
USD/JPY has finally touched the previous high of 152.000 with a strong bull candle that we'll call a Bull Capitulation. Immediately after that price target was hit, we saw a series of bear bars falling to the 30EMA. We have now been above the 30EMA for 69 days and after touching a key price range, have a high probability of falling below down to the bottom of the...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: EngB BUY Stop: 149.956 Stop Loss: 149.314 TP01: 150.598 TP02: 151.882 DWR present as a buy setup on 25 OCT, with Channel and Pivot are green bouncing off weekly pivot However, trade is not taken/considered SPX500: SELL DXY: UNSURE OIL: BUY GOLD: BUY
USDJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: SBB BUY Stop: 149.882 Stop Loss: 148.795 TP01: 150.969 TP02: 153.143 DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot Trade is not taken SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: IB BUY Stop: 149.859 Stop Loss: 149.445 TP01: 150.273 TP02: 151.101 DWR present as a buy setup on 16 OCT, with Channel and Pivot are green bouncing off EMA10 However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable SPX500: SELL DXY:...
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 has been ranging between 148.300 and 149.300 since last week and has failed to break down to the 30EMA on the Daily chart. DXY has failed to break below its Daily 30EMA as well. The USD/JPY price action is currently in the top 1/3rd of the range with the RSI just mid-level leaving room for a move up and out of the range. There is a gap to fill up to the...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: EngB BUY Stop: 148.444 Stop Loss: 147.488 TP01: 149.400 TP02: 151.312 DWR present as a buy setup on 25SEP, with Channel and Pivot are green bouncing of EMA10 However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable SPX500: BUY DXY: SELL OIL:...
The previous USDJPY thread became too long to remain practical hence, this new thread for the USDJPY. Previous thread summary ----------------------------------- Calendar days: 96 Net profit: (USDJPY only) +1073 pips (including the currency hedge adjustments in support of Nikkei long positions - +1132% Net) Max risk; 0.71% of capital; Max draw-down: -0.43% Number...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: SBB BUY Stop: 148.488 Stop Loss: 147.312 TP01: 149.664 TP02: 152.016 DWR present as a sell setup on 22SEP, with Channel and Pivot are green bouncing of EMA10 However, trade is not taken/considered as it differs from our Market Analysis Bias. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY ...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: SBB SELL Stop: 148.371 Stop Loss: 147.464 TP01: 149.278 TP02: 151.092 DWR present as a buy setup on 21SEP, with Channel and Pivot are red bouncing of EMA10 Trade is taken as it is within our Market Analysis Bias. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY
USDJPY price movements are still in accordance with the latest analysis. Although bullish, it is still most likely the price will be stuck in the QM area. If you want to do a short, it's better to hold it first until the price is in the QM area. Seeing the RSI indicator that also looks saturated and divergent occurs, then in a time that is not too far can occur bearish.
USD/JPY has continued to defy gravity despite the growing threat of verbal (or actual) yen intervention by the MOF/BOJ. Yet the higher and faster it rises, so does the threat of intervention. You can see what impact it had on USD/JPY from the large bearish candle that formed on 23 October 2022, where the initial break above 150 was then met with a swift move lower...
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...
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...
141.200 was my flip zone Price was making higher high and highe low Thereafter price (ChOC) and started forming lower high is the indication for me to go take short & Aiming target for 139.250 With R:R by 1:5