Here is examples for catching both directions…. When everything line up and all colors are matched - why not just take the trade? You have to be in the market in order to make money out of the market.
The foreign exchange market witnessed a tug-of-war this week, with the Japanese yen (JPY) taking center stage. Speculation surrounding potential intervention by Japanese authorities to prop up the weakening yen against the US dollar (USD) sent ripples through the currency landscape. Meanwhile, the US Dollar Index (DXY), a broad measure of the greenback's strength,...
USD/JPY has experienced a period of volatility recently. The recent depreciation of the greenback could provide an opportunity for buyers using the US dollar to step in and prepare for a potentially more profitable journey. Meanwhile, weaker-than-expected non-farm payroll prints from the United States have pushed USD/JPY below 152.00 and witnessed a large influx...
I think there is little downside to going short ahead of non-farm payrolls and unemployment. If the unemployment figures are down, the dollar will go up, but it will be kept artificially down by the BOJ. However, if unemployment comes in hotter than expected, all the leverage positions short on JPY are going to get squeezed.
My old friend finally decided to listen to me and make a good drop. More is coming of course, and i expect a reclaim of the 146.000 level sooner or later (probably before june). I placed another sell limit at 154.500, in case will see a spike to liquidate some shorts. Holding all for the long term
Price is currently falling to a pullback support level of 151.700 From the technical standpoint, price may have a bounce to the upside from that price point. A buy limit is envisaged from $151.700 level.
I dont the way the markets r so siggly at the monent I feel like it could happen .... n/y ?
USDJPY made a inverted cup and handle pattern which indicates about the bearish of the market.
Hello Everyone, The USDJPY has experienced a notable decline recently, and now it's crucial to breach the robust support levels at 152.618 and 151.877 on the monthly and daily charts for the bearish trend to persist. Presently, we find ourselves comfortably below the monthly, weekly, and daily pivot points, suggesting favorable conditions for further bearish...
I'm on sell position from morning time {IST time}. reason to take: form M pattern in 5 minute time frame. use proper risk management. Thank you
The overall trend is bullish we're experiencing a realignment for price to keep up the bullish momentum on a higher timeframe. what are your thought? DISCLAIMER: This is not a financial advice, just my own perspective
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...
this is the direction from the analysis recieved during a clear direction
The Japanese yen is lower on Tuesday. In the European session, USD/JPY is trading at 156.88, up 0.34%. It has been a relatively quiet day for the yen after massive movement over the past two days. On Friday dollar-yen jumped 1.7% and broke above 158, but the real drama unfolded on Monday, when the yen went on a wild ride that saw it swing more than 550 basis...
The Japanese Yen has been on a rollercoaster ride recently, weakening against the US dollar. This has sparked concerns in Japan, but the government has remained tight-lipped on whether they've intervened to prop up the currency. This silence, some argue, is a strategic necessity in the face of a more dominant player: the US Federal Reserve. Traditionally,...
Lots of talk about the #Dollar & #Yen as of the last day. US #Dolalr ( TVC:DXY ) has done well for some time. VS We've spoken on Japan a few times over the last year, has been the opposite. Daily shows that this trade is exhausting SHORT TERM! Look at that volume! Likely Japanese govt is intervening!
Hello hello Looks like dollar is about to breakout and we can see the ascending triangle and also long term trend line above. Once it breaks 152 and stays above, it confirms the move towards 160. Happy investing