USDJPY has been trending up on the JPY's long-term weakness. I've entered on the daily with as a pullback finishes and resumes its upward climb. Using a 1:1 R:R and 0.5% risk as always. Good luck!
We have seen 2 interventions from the BOJ over the past 2 weeks. The first came when the USDJPY hit between 158.000 and 160.000 and the second when it hit almost 158.000. With the BOJ warning that it is ready and willing to step in again, how smart is it to try to catch the ride down if or when the BOJ steps in again? Finance Minister Shunich Suzuki...
This is the possible WXY structure, since this was running upside this might be a pull back for further upside, I haven't marked trading zone yet.
USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and...
"Japan faces a tug-of-war with yen bears" says the recent Reuters article on this topic, which has had a lot of articles in the recent buildup to the BOJ intervention. What it basically implies is that professional traders have embarked in a money making roller coaster pushing the USDJPY higher knowing full well that the BOJ will step in and bring it down...
USD/JPY extends winning streak amid hawkish sentiment surrounding the Fed’s stance on monetary policy. Fed's Kashkari anticipates the prolonging of elevated rates and suggests that further rate hikes are not entirely ruled out. The Japanese Yen depreciated despite the potential for intervention by Japanese authorities.
The USDJPY is likely to continue its upward path in the mid-term. There is still the possibility that the high of 29 April was only the X of the overshooting dark blue X and that the Y with a target of 135.58 will now follow, but this is not my primary scenario. I assume that the market is already on its way to its long-term high at 204.35.
USD/JPY looking very Bearish after the previous rally, also a clear Bearish Sk sequence , on the 15m time frame you can see a nice displacement TO the downside which is Bearish using ICT Concept. going down with it :) Good Luck Guys
USD JPY failed to test 137.5 support after 2023 and entering 2024 it quickly came back to test its resistance at 152. this shows things have changed from what we were expecting in 2023 and its changing quickly. will 152 break? price is moving quickly towards it and we might see small draw backs but good readings on US economic data just fueled the movement....
#USDJPY pair rose early Wednesday, posting its third consecutive day of gains. The Japanese currency was once again in the hands of dollar bulls despite huge efforts by Japanese officials to strengthen its value. Last week, the Japanese government intervened in foreign exchange markets, buying about 60 billion dollars worth of yen. The operation was a mixed...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
HIT TP 350 PIPS :D If price retraced 153.000 level buy again ******* Last month shared 10 idea - 8 ideas hit profit and 2 breakeven ******** GET ready to catch another great trade, Do not miss this chance it will go up minimum 300 pips @@@ Get ready to catch my one of the best trading setup @@@ TELL ME HOW ACCURATE THIS ANALYSIS?????? @@@ Always do your own...
W1 Ranging, D1 good uptrend candle, H4 smooth uptrend as well. SL - 153.731 TP - 157.475
#USDJPY... Market at his very crucial area 155.60 to 155.70 Wake up BOJ it's you turn now .. Let see what will be done from market.. If market hold that region then drop expected from here .. Keep close that region from 155.60 to 155.70 n 75 max Good luck Trade wisely
#USDJPY... Market at his very crucial area 155.60 to 155.70 Wake up BOJ it's you turn now .. Let see what will be done from market.. If market hold that region then drop expected from here .. Keep close that region from 155.60 to 155.70 n 75 max Good luck Trade wisely
Hello to all dear traders, Regarding the Japanese yen currency, the necessary confirmations have been given to start the correction. Therefore, we should carefully wait for the decline and start a great long-term trade at the right time. This currency has not had a proper correction so far, so selling movements in the coming days, especially next week, will show...
The Japanese yen is down for a third straight day and has declined 1.5% this week. USD/JPY has risen 0.43% on the day and is trading at 155.35 at the time of writing. Early Thursday, the BoJ will release the Summary of Opinions from the April meeting. Japanese officials remain mum about suspected interventions on the currency markets last week. The yen broke...
The price of the dollar against the yen shows more upward bias, if can stabilize above 154.610, will uptrend until 155.855, Any breaking above this level will reach 156.304. also crossing both levels, the bullish trend will be active again. Any break below 154.210 by closing the 4-hour candle will be a downtrend. Tendency: long 154.210 Target station: (154.610,...