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.
I am Bullish on UDSJPY for a small trade if its cross it's R2 You can go for a long with given levels for a good profit
USDJPY Trend Continuation Trade after pullback 1. Weekly Long Trend 2. Price above 2 MA's 3. Price above 200 MA 4. Currency Strenght Meter confirmation 5. Trend Following Indicator Confirmation 6. Big Bullish Momentum Candle 7. PSAR Entry Signal 8. Clear Structure Hold and continuation on H4 9. Strong USD Economic Environment 10. 2% Risk, 3:1 R:R 11. Exit on...
Hi there, After a bullish rally in GBPJPY we are watching a flat pattern, you could open short position on 189-189.5 or with your triger in this level with the TP1 185.2 and SL is 191.2 . We glad to see your opinion.
Hello Everyone, The USD/JPY has surged to a fresh high at its current price. Currently, the price is positioned above the daily pivot point (1D PP) and support level, suggesting a possible continuation if consolidation occurs above the 1D PP. Conversely, should consolidation take place below the 1D PP, there's a chance that weekly support levels will come into...
The FED is either: A. Going to be hawkish and provoke a mini-meltdown before another FED speaker comes out next week and hints at rate cuts in June for sure. B. Going to be dovish Either way, USDJPY will fall to 97 area, bringing a roar of inflation back into the limelight. People will think it's the death of the dollar, but what happens here is the opposite...
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...
The USD/JPY pair is currently demonstrating a strong upward momentum, attracting significant attention from investors. This increase is driven by momentum from Japan, particularly through interventions by the Japanese government and the Bank of Japan (BoJ). Looking at the chart, we observe that the Relative Strength Index (RSI) is trading above the 60 level, a...
Long trade idea, price rejecting previous support and MA. OB on the 4 hr. COT data and fundamentals align.
DAILY Not going to lie, there's no pattern I see. Just the assumption of the one I want to see, which is not a fact so it cannot be used as a confluence. Yet we broke 152.00 which if you zoom out will confirm that we are still in a very bullish trend. Impulse, Correction, Impulse : If you zoom in. 4H We formed a bear flag and broke it impulsively, breaking at...
-Impulse move has been completed -H1 Head and Shoulders -Monthly Pivots Resistance Zone reached
The USD/JPY currency pair recently refreshed multi-decade highs of ¥154.79, a move probing offers at channel resistance, taken from the high of ¥125.85. With resistance lacking here, this not only helps pave the way to test the mettle of ¥160.20 (highs from as far back as the 1990s) but also increases concerns about an intervention from the Bank of Japan (BoJ)....
📊 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....
we are looking good for a nice drop. I will be looking for the market to test this resistance area. We may see a fake to the upside before dropping so be careful.
USD has been pushing up even though most traders have been going short. Looks like it's rolling over now The Dollar Index certainly pushing down Powell implies rate cuts may not be as soon as people hope. But we already knew that. Just market breathing imho
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