Dear Traders, FX:USDJPY reached the maximum bullish exhaustion point, currently the consolidation phase is going on expecting huge volume coming on tomorrow. Sellers will likely to dominate in this month as corrections on all JPY pairs will begin in soon time. Meanwhile, We will be focusing on targeting the ‘target one’ and then we will update the chart idea...
Currently, there's a strong signal to sell USD/JPY. The entry point is at 147.926. This trade offers multiple take-profit levels: first at 147.00, then at 146.50, and finally at 146.00. It's essential to set a stop loss at 148.50 to mitigate potential losses. The market analysis indicates a favorable trend for this selling opportunity. By adhering to these entry...
USDJPY is bearish on its 1D technical outlook (RSI = 41.212, MACD = -0.110, ADX = 47.052) but not only is the price making a rebound on the 1D MA200 but the 1D RSI is also staging a rebound from nearly oversold levels, much like it did on July 13th 2023. All this price action is taking place inside a long term Channel Up pattern, so this is a buy opportunity with...
My analysis on USD JPY, I use limit orders so I don't need to be in front of the chart all day. To consider this a good entry there are certain criteria to follow: 1. Clean BoS with IMB. 2. * Look for areas where liquidity has been purged. 3. * Stochastic: in uptrend 0-15, in downtrend 85-100. ( * ) = Not optional but increases our probability. I use Fibonacci...
Dear Traders, OANDA:USDJPY first entry dropped successfully 400 pips, now there is possibility of price filling up the liquidity and dropping from that region. Bullish price will likely to push the price up to our area of entry where price will fall strongly. Use accurate stop loss and take profit as described in our chart, if you have any doubt or finding it...
The Japanese Yen experienced a modest recovery from its one-week low against the US Dollar on Friday, hovering near the daily peak as the European session approaches. Investors are eyeing specific price levels for potential sell positions, as the currency nears key supply areas where a reversal may occur. Additionally, the 61.8% Fibonacci level is attracting...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 149.49, which is an overlap resistance. Our take profit will be at 148.31, an overlap support level. The stop loss will be placed at 150.56, a multi-swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
**Monthly Chart** USDJPY broke the high of August 1998 and moved higher in Oct 2022 which created a new swing high at around 150 level before drifting lower. This created a new strong level since then and the price was unable to break above it. Additionally, the price created a new MC in Nov 2023 and the price moved towards it and currently testing it. ...
USDJPY is testing a key daily horizontal resistance. The price formed a double top formation, approaching that. To sell the market with a confirmation next week, let the price break and close below 148.97. It will be a strong bearish confirmation. The price will drop then at least to 148.65 level. ❤️Please, support my work with like, thank you!❤️
Preferred direction: BUY Comment: We actively continue to follow our previous bullish scenarios for this currency pair. In general, in the medium term, we expect a strengthening of the US currency , which the Japanese yen will feel the most painfully. Moreover, earlier we talked about the long term, and here it is unlikely that we will have to wait for the...
USDJPY: What's Next? 400 points as expected from the old analysis In this video, I shared with you my opinion on USDJPY. Tomorrow we have the BOJ's decision on interest rates which will create price volatility in the market. So let's get ready You can watch the video for further details! Thank you and Good Luck! ❤️PS: Please support with a like or comment if...
I anticipate a potential bearish reversal as the price approaches the resistance level coinciding with the 38.2% Fibonacci retracement, suggesting a downward movement towards the support level based on my bearish bias
Hello,Friends! It makes sense for us to go short on USD/JPY right now from the resistance line above with the target of 146.172 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hi there, It seems to start a big C correction wave. and we could enter to a long term short position. sell it at 148-148.5 TP1 138 TP2 135 TP3 (final) 125 SL 150.8-151 Be success guys. we glad to see your comments here.
Hello,Traders! USD-JPY is going down But the pair will soon hit A horizontal support of 146.065 From where I will be expecting A local bullish rebound Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USDJPY → An opportunity to get along hello guys... as you can see, usdjpy made a supply and demand zone and started forming a three-drive pattern! two of them formed so far! no on this internal trendline is a great opportunity to get a long position until this third drive that would be the next target! ___________________________ ✓✓✓ always do your...
Hello,Traders! USD-JPY keeps going up But will retest a horizontal Resistance soon at 149.682 From where we will be Expecting a bearish reaction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USDJPY Pivot 147.400 - If the price is higher than the pivot, Long target TP1 at 148.150, TP2 at 148.740, cut loss if the price is lower than the pivot. - If the price is lower than the pivot, short target TP1 at 147.130, TP2 at 146.500, cut loss if the price is higher than the pivot. ***Please money management***