We are going to start thinking about buying since this drop was caused by the fundamental at 3:00 p.m., London time. So at these levels a buy order, and at levels below a second buy order with double lots. Remember not to invest more money than you are willing to lose.
Hello dear traders! It's great to meet you again and explore today's market together. Currently, there is a slight decrease around 147.80 this morning.
looking bearish trend in daily timeframe bec follow ascending channel
-SL @ 150.00 🚫 SLO @ 148.90 (conservative) ⏳ SSO @ 147.75 (moderate) ⏳ TP1 @ 142.66 (shaving 25%) TP2 @ 139.15 (shaving 25%) TP3 @ 136.60 (shaving 25%) TP4 @ 132.60 (closing ALL Sell Orders) BLO @ 129.33 (1D) ⏳ -SL @ 128.25 🚫 ADDITIONAL INFO: 📈 Price Action is nearing our SLO. Just a few more pips to the upside, our SLO will trigger, and it's off to the bank...
USDJPY is up over 150 pips from the long I gave on Monday, almost going to reach the important 148.1 level (). It is a brutal slow move up; so trying to short this is futile. And precisely because it is a slow, orderly move up, we would need something big to shake this. Overall, DXY is strong too. DXY at key resistance here at 104.83 which would possibly...
On USD/JPY, I have a bullish setup with the price continuing to break previous swing highs, forming new highs. However, my view on the H4 remains bearish for over a week. I'm waiting for a structural breakout on M15 along with an FVG before entering the market. Of course, I'm looking for these entries during the most significant hours, namely the opening of London...
Good day, Trader. We'll be keeping an eye on USDJPY. Even though the 4-hour timescale clearly shows a bullish continuation pattern, I like to be careful. Before going long, I will patiently wait for price to break out of and retest the 1.46.643 zone, and before considering selling USDJPY, I will be anticipating price to totally take out the 145.953 zone. Recall...
Greetings, dear friends. I hope you're having a productive week. I'd like to discuss the Elliott Wave Principle with you. For more information, please refer to the chart attached. If you're interested, you can also take a look at my previous analysis. I must mention that my understanding of this principle is based on my personal experience and I'm still...
Hello Traders, Here is my long term view of USDJPY: USDJPY has been in a bullish rally since mid-January 2023, with wave 1 as a leading diagonal and wave 2 as a corrective zig-zag pattern. Wave 3, the longest wave channel, unfolded from March 24th to June 30th. It appears we are currently in wave 4, which is expected to be a sideways movement, possibly a...
will follow this move till my target not selling yet i missed posting this idea im sorry but you can still enter
In terms of timing, it is time for usdjpy to start a downward trend
"Read the technical analysis following the disclaimer." Disclaimer: This technical analysis is for informational purposes only and should not be considered as financial or investment advice. Trading and investing in financial markets involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a...
Hello traders, Wave 5 is supposed to end at 147.930-148.260 zone. A Correction is supposed to occur after that.
This summer, quiet markets favored the carry trade. Popular funding currencies here are still the JPY and the CNY. The carry trade involves borrowing low-interest currency and investing in high-interest currency to profit from interest rate differential and exchange rate movements. Traders often use JPY and CNY as funding currencies due to their low-interest...
The PPI figures show major differences: AUD Previous: 4.9% Current: 3.9% JPY Previous: 4.3% Current: 3.6% NZD Previous: 5.21% Current: 2.99% USD Previous: 0.2% Now: 0.8% CHF Previous: -0.6% Current: -0.6% GBP Previous: 0.3% Now: -0.8% CAD Previous: -5.5% Current: -2.7% EUR Previous: -3.4% Now: -7.6% The PPI indicates the change in price of finished products and...
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional mid figure 145.500. Like, comment and subscribe to be in...