USDJPY analysis
The market structure its an uptrend and now looking at the H4 time frame it's on a higher high level at 154.568 , which is also the market close.
The bulls are loosing momentum and now it seems like the bears are gaining some strength over USD.
Price is already creating a lot of rejections after buying for a very long time ⌛️. And the market...
USD/JPY is currently maintaining stability around 154.50 amidst unpredictable market fluctuations. According to Reuters, the currency pair reversed losses after a high-ranking official from Iran stated that there is no immediate plan for retaliation against Israel's missile attack on Iran. This has reduced the likelihood of escalating tensions in the Middle...
DAILY
Break upwards and price has been fighting to go up, yet we were stopped out. Doesn't break the plan, it is part of business expenses.
4H
154.00 was our bouncing point, it is where we get support and push upwards.
1H
154.60, we are slowing down and looking left shows us that we are in an area of sensitivity.
The U.S. Dollar has gained against the Japanese Yen in early North American trading, bolstered by strong U.S. economic data and a range of comments from neutral to hawkish by Federal Reserve officials. The USD/JPY is trading at 154.61, up 0.22% from the open, maintaining its upward trajectory.
USD/JPY buyers might push the exchange rate to challenge the 155.00...
Hello everyone! Just a quick update on UJ, Im very bullish on this pair. Annotations are in analysis. I see 160.44 level being taken in the near future as there is no resistance until that point.
Hello, according to my analysis of the USDJpy pair, there is a good opportunity to buy. The pair appears to be in a positive state with the break of the downward trend, breaking a very strong double-botton pattern, and breaking the resistance at the level of 141,900. All of these factors confirm a strong entry for buyers. Good luck to everyone.
The strong recovery of the USD/JPY pair is attracting attention, reflecting Japan's intervention to temporarily address the weakness of the Japanese Yen (JPY).
Technically, on the chart, the strength of the upward momentum is clearly evident. The Relative Strength Index (RSI) is stabilizing around the 60 level, indicating a significant upward trend of this...
📊 According to the upward movement of the price and the buying pressure in the market, if the range of 154.5 units is broken and the price stabilizes above it, the price may increase to the range of 155.0🎯, and in the case of the strength of the range of 155.5 units🎯🎯.
📊 Otherwise, the price may drop to the range of 153.3 units.
USDJPY D1
A little way away here, but we have a nice confluence retest zone at 152.000. Strong area of previous resistance, now acting as support (hopefully).
Alongside D1 demand which was formed upon the volume witnessed when we broke out upside. Alerts set, waiting patiently.
USDJPY 1 day chart
For the yen, the move is particularly notable as it pushes into technical blue skies
Eyes are on Japan for signs of intervention but given that the recent move has largely been on broad USD buying following fundamentally stronger CPI numbers, it's a tough one to lean against. There have been signs of a managed decline but no real intervention....
USD JPY PRICE - NO MORE FLY ZONES ITS TIME TAKE A SHORT, wait for the price to down trend lines after break out of this price line 154.440 make a short entry as shown in the picture, follow for more live updates
Although USD/JPY is still in an upward trend, the market is currently experiencing a notable correction phase.
Looking at the chart, it's evident that prices are rebounding and undergoing a downward adjustment, resulting in a certain level of volatility. It is expected that prices will test the SMA 20 moving average area before resuming a stronger upward momentum.
Market Analysis: USD/JPY Extend Rally
USD/JPY surged and broke the 154.00 resistance zone.
Important Takeaways for USD/JPY Analysis Today
USD/JPY climbed higher above the 153.40 and 154.25 levels.
There is a connecting bullish trend line forming with support at 154.25 on the hourly chart at FXOpen.
USD/JPY Technical Analysis
On the hourly chart of...
In daily time frame, the price would try to touch the important resistant level which it has tried on Oct 24, 2022, Nov 14, 2023, this is the third time try to touch this resistant level.
The interval between the previous two tries is almost one year, but the current third try just about 3 months after the second try. It looks the price has strong intention to...
