Japanese Yen / U.S. Dollar

JPYUSD IDC

doctordrew77

Upper and lower trend bounds from prior to acceleration of downtrend are marked. Along with X.382 (yellow) and X.236 extensions of trend from the first portion of the downtrend, these represent levels above which price is expected to break out on a bullish move. Higher TPs are based on an expected retrace of the entire, bearish trend leading up to the retrace. The...

Forex_

In my analysis of JPY/USD. This currency pair is moving in a bearish trend expected to hit the support zone at 009025. I used Supply and Demand Zones for my analysis. FX_IDC:JPYUSD

doctordrew77

Zoomed in to the 1H. The minimum R/R = 4.2. See 1D & 4H charts for different perspectives. EOW marked w/vertical, red line. Expecting a very brief upward tick from USD which should bring price closer to new support, already tested. Then, a launch upward. Interim consolidation cannot be ruled out.

doctordrew77

Entry for JPYUSD for the week of 11 April 2021. Recent downtrend appears to be consolidating for a break up. This could be a multi-week play. SL is convergence of two, X.618 levels from current and previous swings. This is expected to form support for the run up. Will indicate targets & R/R in Chart 2/2.

Aperna

Looks like USD has room for the continuation of strength. This index is very similar to the DXY and I could have chosen to use the DXY but I like to be different :P This index is constructed to reflect the same kind of information: USD strength or weakness. I will be looking to pair the USD with weaker currencies for the strongest trends focused on high quality entries.

GTStockmaster

Interesting relationship here - JPYUSD has a 6 year bottom trendline of resistance it has been following. This line has been hit a few times over the last 6 years, and literally every time it hits this line, a correction of some variety occurs. It's almost like clockwork. Not sure if there is actually any mechanistic behavior going on, but it's worth noting...

Mkmiigaa

#2

SmartVest

The Japanese Yen had a rising wedge for the last few months, though lately they broke through support. Now it is at a small time support level, waiting to be broken. Make sure to watch out for this. Please like and follow, thanks!

sonofbitcoin

entry @ 90% stop loss @ 110% take profit @ .382 and .25

darth.stocks

On the edge of Chaos and Pain, sorry to disturb the EVERYWHERE Permabulls, but currently all previously working correlations start to indicate a major movement. Especially in the 5 Trill. daily volume FOREX market. Among all correlations the best working were JPYUSD & Ni225 as well as JPYUSD and XAUUSD . As well as a few others like S&P with 10 yield. From the...

Toventv

Currently in a down trend looking to enter of the 50 ema and the top of the link down trend channel Entry 650 is a day trade ( 50 ema( blue line) 4hr entry hold till 200 ema ) Entry 665 is a swing trade Will enter trade of candle price action both being bearish TP AND ST LISTED IN YELLOW AND RED

Toventv

Currently in a downtrend looking a pull back to the 50 ema and the top of the pink downtrend channel Entry 650 is a day trade ( 50 ema 4hr entry hold till 200 ema ) Entry 665 is a swing trade Will enter trade of candle price action both being bearish TP AND ST LISTED IN YELLOW AND RED

Rykin_Capital

Running and not ruining... itself. We're obviously bullish here for a variety of reasons, and have been for some time on the hourly chart. Going up here, and more or less at the end of this local impulse. I have outlined Fibonacci goals in green, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for...

Zivul33

previously... The man Shorted his JPY for Moon BTC

superstylebender

20ma overtook 50 ma, at fib retracement in uptrend

gencollado

Looks like JPYUSD broke out of a symmetrical triangle to the upside. I am looking to short all JPY pairs. GBPJPY, specifically, could be an excellent short if we come to find that BREXIT talks stall out once again.

Je_Buurman

As usual, only look at the text and not at the chart OR look at the chart and not read the text, you know the drill

UnknownUnicorn2538164

With monthly volatility at time lows and several decades of base building, the Japanese Yen looks set for a historical bullish run against the dollar. p.s. Happy Thanksgiving!