On the daily chart, USDJPY maintains a strong upward trend. At present, we can pay attention to the support near 154.6. If this position does not fall back, it is expected to continue upward. The first target of the upward trend is 157.0, and the second target is 158.0.
Monthly Trendline Resistance Area has Been reached. - Monthly Pivots Resistance Area Hit - Weekly Pivot Resistance Area Hit - Daily Pivot Resistance area Hit
▪️ Yen Under Pressure: The yen continues to struggle, declining 9% this year, making it the worst-performing G10 currency. It recently dipped to a 34-year low of 155.445 against the dollar, briefly touching 155.45, a significant level that had previously been considered a threshold for potential intervention by Tokyo. ▪️ BOJ Meeting in Focus: The Bank of...
Price currently trade at 155.657 after s strong bullish strength was developed days ago. Price Is set to drop up to 0.5%. A sell opportunity is envisaged from the current market price. Stop loss will be set 0.1% up above the entry price. Target - 154.878
-SL @ 160.40 🚫 (aggressive) SLO @ 156.21 ⏳ SSO @ 147.72 ⏳ TP1 @ 131.56 TP2 @ 117.98 TP3 @ 92.53 TP4 @ 92.853 BLO @ 79.80 ⏳ -SL @ 75.56 🚫 (aggressive) Long-term time frames (1 week to 1 year): — Shows the big picture, revealing major trends and economic factors. — Less volatile, price movements are slower and smoother. — Suitable for long-term trend trading and...
Read this news here www.cnbc.com So, you can go to the money changer and change into these foreign currencies so you can spend more in these foreign countries. Of them all, Japan should be the most popular as it offers much variety in terms of its nature, food ,culture, etc
Way over extended but keeps pusshing up relentless Got relatively positive expectation on news out of US tomorrow. Man u gota be quick sometimes. Mumbai just opened 4:45pm Japan meant to raise rates tomorrow also AUDJPY also just shot up. GTP Considering the mixed nature of the economic indicators provided, along with the potential impact of slightly...
The USDJPY has reached an optimal short-selling opportunity and is expected to yield significant profits in the near term. All signals I issued in April have resulted in profits, maintaining a consistent 100% accuracy rate. Weekly profits of at least 200% can be attained. Do not miss out on my accurate signals!
Hello everyone! Just a quick update on UJ. Added a pyramid Entry, while moving SL to the pyramid entry SL. Monitoring the 156 levels, But confident that this will go to 160.
After a sudden policy shift from the BOJ, we saw the market trend reverse course and fall from the 140s all the way back to 131. It is mind-boggling that top national currencies are this volatile, but here we are. Now the overreaction to the policy shift has retraced a bit and we are back at 134. Either a dovish hint by Powell or another hawkish step by Kuroda...
FX:USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart. Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its...
Pulse Up, Retrace to Fib(0.318), break above Fib(0). First try on yesterday's candle has failed. Retry with direct market order.
This could be the potential target for USDJPY on this Long Play
Major breakout seen on USD JPY. This is now set to go a LONG way !
Hello there, USDJPY is trending Bullish at the H1, a minor bearish impulse is expected but a bullish break above 154.826 is the bullish interest. The needs to be a low greater than that level for the continuation of the uptrend and the bias is 155.393 with two price targets. Happy Trading, K.
Hello friends. Considering the drawn channel, I expect to have a correction up to the midline range. what is your opinion? Good luck. # Let's look simply
USD/JPY is currently at its highest level in decades, at 155.00. This has traders concerned about the risks of Japan's intervention in the forex market. The strong recovery of the US dollar (USD) is also driving the USD/JPY higher. From a technical perspective, the market is stable but showing signs of correction. Prices are expected to retreat to the 0.5-0.618...
we have two perfect LVLs in weekly and you can trade on them using LTF PA zoom in and be aware of them...