All ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice.
Hello,Friends! We are targeting the 154.942 level area with our long trade on USD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
I was waiting for this to happen maybe at the end of the week or beginning of next but this is it. According to my analysis and signals this it it for the USDJPY bull rally. daily bearish signal is confirmed. Waiting until the end of this week for confirmation signal. And, monthly is looking to follow as well. Let's wait and see what happens. Happy trades!
The USD/JPY continues to experience upward momentum, driven by the significant interest rate differential between the United States and Japan. The US Federal Reserve has established the Fed Funds Rate within the range of 5.25% to 5.50%, while the Bank of Japan maintains its cash rate between 0.0% and 0.1%. This substantial gap in interest rates favors parking...
USD/JPY is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 152.80 which is a pullback support that aligns with the 78.6% Fibonacci retracement level. Stop loss is at 150.15 which is a level that lies underneath a pullback support and the 100.0% Fibonacci projection level. Take profit is at 154.70...
The Japanese yen USDJPY rose 0.6% on Monday, although trading volumes in the currency were limited due to a market holiday in Japan. The rate is inversely linked to the strength of the yen, which has fallen sharply from a 34-year high of more than 160 yen last week amid signs of repeated government intervention in currency markets. But given that the...
There is a possibility of making a Head and Shoulder pattern in 5 minute chart. Looking for a sell Use proper risk management. Thank you
Trading Setup: There is a Trading Signal to Buy in USDJPY Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 154.29 ⭕️SL @ 153.59 🔵TP1 @ 155.64 🔵TP2 @ 156.49 🔵TP3 @ 159.30 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
USDJPY. Will USDJPY get bids from buyers ? As the price is at strong support level and bullish divergence indicating the buyers may attack this zone .
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
USD/JPY is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 151.97 which is an overlap support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 150.15 which is a level that lies underneath a pullback support and the 100.0% Fibonacci projection level. Take profit is at 154.70...
This is a short mentoring/educational session. The USD/JPY is the pair we are trading this evening, I analyse this based on the mtf wave structure. I explained the importance of the secondary trend, as a determinant tool or information for what may happen in the future. I also shared one of my waves of success strategy using the DMI and the VMP for trade...
Preferred direction: SELL Comment: The dollar is expected to fall even when paired with the Japanese yen . By the way, our previous trading idea worked out perfectly, and the target was fixed at the level of 153.222 . At the moment, another approach to this level is expected, with a high probability of its breakdown downward. The trade is short-term, and...
We are looking for a week or two weeks fall here and so our target would be first 700pips fall and 157.00 and then more 500pips fall which means totally 1200pips fall is expected here and also major resistances and targets mentioned on the chart too. DISCLAIMER: ((trade based on your own decision)) <
The current selling zone for the USD/JPY pair is at 156.79, indicating a potential downward movement in the currency pair. Traders are eyeing multiple take-profit levels, with targets set at 156.40, 156.00, and 155.50, reflecting varying degrees of profit-taking strategies. These levels suggest that traders are anticipating the pair to decrease in value, with...
USDJPY is moving within the boundaries of an ascending wedge. The chart broke through the descending channel. The price is under the resistance level, which coincides with the 50% retracement level of the last bearish impulse. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Massive surge in the Yen at resistance and then a follow through drop. The likelihood of a strong reaction in the 160 was discussed in the post below: Question is, what happens now? If that's a true reversal then we're going to see crush and re-crush action in this. Consistently lower lows. Sharp rallies. Crushing new lows. However, if we make a low in...
This week, the Japanese Yen is poised to deliver a remarkable performance against the US Dollar. The Yen has surged by over 3% following Japan's intervention to bolster the currency and the Federal Reserve's less hawkish tone. Around 152.00, not only is there a crucial level, but the 55-day Simple Moving Average (SMA) is also nearby, along with a long-term...