USD is much stronger than Japanese Yen. Japan economy is not in the good condition. As per my analysis Yen will remain weak for the whole next week. Better to look buying opportunity on it.
USDJPY has been trending up since the end of March, is this the time when we could see a short-term move to the downside. So here is what we are seeing: 4 Hour Chart (Higher Timeframe Analysis) Trading in an upward channel, so a short position is going against the recent trend, so we need to be aware of this prior to taking any entries. 15 Minute...
The USDJPY fell 0.54% to 137.955 on Friday after data showed that Japanese consumer inflation rose back to a 40-year peak in April, putting pressure on the Bank of Japan to adjust its ultra-loose monetary policy. However, news of constructive talks to end the current debt ceiling impasse in Washington raises optimism that a deal can be reached to avoid a damaging...
A bit late but much more pips to come. going up. A bit late but much more pips to come. going up.
Now and at this time, dear friends, you should wait for buy
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
During the Asian session, the USD/JPY pair broke below the crucial support level of 140.00. This decline was influenced by the movement of the US Dollar Index (DXY), which also experienced a correction, falling close to 104.11 after failing to maintain a recent two-month high at 104.31. The correction in the USD/JPY pair appears to be more significant compared to...
According to calculations, the trend started on the daily timeframe on January 17. On March 8, the level of 137.91 was tested. In the near future, this level will be tested again. Take profit is set at the level of 139.49 , with a very high probability we will get profit. I think now is the best option to enter the trade. Do not forget about SL = 127.07 . Good luck!
This is an alt count which fits well fib-wise. Looks like wave (4) is complete, wave 1 and 2 of (5) done as well. Might be a good long from here with SL at 127.2. Ideal target for the whole wave (5) is 165.
use proper risk swing , sculp and move stop loss accordingly
Traders the USDJPY signal that was sent earlier worked out perfectly and the targets were hit
Dollar yen analysis We expect confirmation of the landing on 02/06/2023
Clear buy stop order. Please don't enter early. Momentum needed here. I am focusing only on FOREX MAJOR PAIRS trades with 1:2 RR and above. Trade types: Stop orders or Limit orders . NO MARKET ORDERS. So, traders may get enough time to place their orders in advance. All the best. $ 500 capital - 0.01 lot size $ 1000 capital- 0.02 lot size
manage your risk Use low lot I will keep you with updates
Multiple confirmation on USDJPY weekly chart shows a roadmap with optimistic target area Point D would be lay around 139.5 - 140.3, by these analysis: a. price action: weekly-price candle still moving above the 90-EMA line, bullish confirmed b. S/R: next strong resistance area will be lay on 139.5 - 140.3 c. Fibo analysis: Fibo retraction to 0.618 would be lay on...
USDJPY CHART ANALYSIS POSTED ON SUNDAY 21 MAY 2023. Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Trade safe and use always proper risk management. Thanks in advance for checking my trade idea.
USDJPY is falling towards a key overlap support and potentially reverse from this level. Price could hit our buy entry at 139.408 and bounce up from here. Our stop loss will be at 138.706 which is an overlap support that aligns with the 23.6% Fibonacci retracement. The take profit level will be at 140.864 which is an overlap resistance. Any opinions, news,...
Hello traders as you can see the USDJPY price has formed a pattern that signals a bullish trend so now we are going to wait for the price to break the trend line and retest it so we can see that the market wants to go bullish or bearish but at this point it seems as the price want to continue bullish in the long run.