Japanese Yen / U.S. Dollar
The price perfectly fulfills my last ideas and it tested support level . The price is testing resistance zone at 134.00. I expect the price goes towards support level , because the trend is bearish . My goal is 132.38 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Hello,Friends! Based on the technical analysis And the recent minor fundamental news USDJPY looks bearish to me overall. I think that market-makers will be pushing the pair down That is why we are going short! Like and subscribe and comment my ideas if you enjoy them!
✅USDJPY has reached the support level. The price has formed a reversal pattern. I expect growth.✅ 🚀 BUY scenario: long to 134.6.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
This is a similar type of trade as the previous one we banked +0.30 on, but this one is pulling back deeper thus is based more on HTF swing. We are already in.
My long term view on UJ am looking at taking sells on uj
- History repeats itself As you can see that the market is forming a pattern which is likely that it will be short for a while until the market decides which direction to move the price into. I am currently short on USDJPY and long on XAUUSD. Goodluck to those who are going to be trading this USDJPY pair for this week as the market is going to be very volatile.
Weekly: Bearish candle Daily: Bearish W + h&s Bearish daily candle could get filled 4H: Bearish W
The pair is currently trading near the key area of resistance and is showing a sign that the market is weakening . Hence, it is going to continue to follow the overall bearish trend and we can have our stop loss slightly above the downtrend line . Our first TP can be at 131.928 with a RTR of 2.25 and the second TP can be at 130.613 with a RTR of 3.45.
USDJPY continues its daily downtrend. So there are two cases. If it rebounds, it is a case where the daily down wave continues in the daily supply zone and a case where a weekly down wave starts after rebounding up to the weekly supply zone. And, the target for the downtrend is to reach near the monthly demand zone. If there is no further decline in the above...
USD/JPY/CHF – The safe-haven currencies bounced on Monday, supported by a series of disappointing Chinese data releases, bolstering concerns surrounding the global economic outlook. Summarising the data releases from China, Reuters succinctly noted that “Chinese industrial output, retail sales and fixed-asset investment all fell short of analyst estimates in...
As we can see if the price stay above the green trendline then we are looking for gain here and our target is 135.00 but any breakout to the downside can cause the dump to the targets like 131.70 and 130.00. ((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))
USDJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
I am bearish on USD JPY Seasonality : The first half of March tends to bullish for the Yen. But the last half is weak. From early April to early May there is an upward bias. May typically sees the Yen decline. The first half of June is often choppy, but has an upward bias by mid-June. July is a sideways period, but an upward bias typically kicks in by late July...
Patterns are one of the most profitable way of trading the market, as we can see , price is currently in a corrective structure which is creating a possible bearish flag to the 3rd touch which will see the market going to the downside.
USDJPY on this one..i see a short opportunity .what do u guys think.Proper risk management.ADEX CARES
The Japanese yen has started the week quietly. In the European session, USD/JPY is trading at 133.29, down 0.14%. This follows a positive week for the yen, in which USD/JPY declined by 1.15%. Japan's GDP for the second quarter rose 0.5%. The reading was a notch below the forecast of 0.6%, and the yen showed little interest. Domestic consumption, which makes up...
I am using the USDJPY quarter point plotting in the market