Bullish strength continues to surge higher as buyers holds firm around 154.826 . This implies, there could be a shorterm further bullish retreat to 158.000 Before we can consider shorting.
I have analyzed why USD/JPY is repeating a similar pattern from 2022, and it's likely that we could see the same reaction. Please watch the video and share your thoughts. Follow for more breakdown!!
Good day Traders hope you are all well this is my take on USDJPY feel free to comment
BUY USDJPY for uptrend continuation STOP LOSS : 152.83 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
USD/JPY formed a bullish peanut pattern, indicating potential upward movement. A breakout from this pattern suggests a bullish trend continuation, with traders likely eyeing further gains in the pair.
USD/JPY The secondary trend on the USD/JPY has printed a trend-changing pattern after breaking above the pullback structure. This move gives us a piece of crucial information, that we can buy at the low after the current wave structure is complete. Currently, our high probability trade is selling now to buy later. GBP/USD The Cable is bearish because we have...
A key week reversal is a significant signal indicating a potential trend reversal. This pattern is identified by a large weekly price range that completely engulfs the range of the previous week. Additionally, the closing price of the key week is below that of the previous week. In the context of USD/JPY, the failure near the historical peak of 160.40 from 1990,...
USDJPY has rebounded from its 0.786 retracement at 151.75. The strength indicator RSI is still showing positive sentiment with no divergence. That is a strong suggesting USDJPY is to rebound higher. An RSI close back above 60 threshold will confirm the bullish rebound picture. A bullish move over the next couple of weeks to the 0.618 retracement at 157.05 is in...
I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research
USD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 154.70 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 156.38 which is a level that sits above a pullback resistance. Take profit is at 152.20 which is a swing-low support. High...
📢 Signal: SELL USDJPY 📉 Entry Point: 154.466 🔍 TP1: 154.166 🎯 (30 pip TP) TP2: 153.866 🎯 (60 pip TP) TP3: 153.566 🎯 (90 pip TP) SL: 154.766 ⛔️ (30 pip SL) Mr_Bombastic_Signal
There's been a break of trend Market is forming lower lows and high structure There's been a retest back to the resistance So I went to the smaller time frames and wait for a m patter breakout and now it's ready So sell guys Risk management don't forget Also always take a good amount of profit don't be greedy
USDJPY: Unfavorable U.S. non-farm payrolls (NFP) and services PMI data last week raised expectations that the U.S. Federal Reserve (Fed) will cut interest rates this year. Traders expect the Fed to start lowering borrowing costs at its September meeting. However, Fed Chair Michelle Bowman said last week that she would be willing to raise interest rates further...
We now have a break of the falling wedge on USD/JPY, better Yen trades are available GBP/JPY, EUR/JPY & NZD/JPY however it's likely this will pull up to 159.62 in the coming days. Chris Head Coach & Trader for over 30 years
wakka wakka wakka down from here I think the USDJPY is going to fall to 153 because of this stop-loss hunting. People are just too scared to hold on, and that's causing the price to plummet. And, let's be real, the Bank of Japan's intervention is just making things worse. They're trying to strengthen the yen, but they're actually causing the market to become even...
USDJPY is still continuing to adjust upward as expected, currently the important conversion resistance level around 156 is being approached, this is the price area where we are looking to sell, please pay attention to the signals here as the price approaches, Consider reopening short positions if reliable bearish signals appear, especially on the daily...