Hello,Friends! USD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 149.324...
DOLLAR looks Bullish DXY made a CHOCH its a good time to go for long in USDJPY and USDCHF EURUSD GBPUSD AUDUSD NZDUSD for Short
Emotion Good Time After close postion 20.00 Why BSL No choc but LQ come first Plan If SL wait 1 more bet for powell Risk 0.4%
USD/JPY: Limited Recovery Amidst Mixed Data Signals The US Dollar experiences a modest recovery against the Yen on Thursday, with data from both countries yielding few surprises. Japanese data comes in mixed on the day, setting the stage for potential market movements. Friday's agenda includes key events such as the Japanese Unemployment Rate and the US ISM...
I see oportunity for long position and braking downtrend becouse price can't brake lower and is trying to brake resistance from trend and go up
Hi Traders! There is further downside potential on the USDJPY 4H chart. The current monthly low at 141.152 looks to be the next likely target for a possible re-test of the level. Price Action 📊 The price action looks bearish, the market swings are getting lower, and the market has been below the 20 EMA for the past week. As long as the market remains below the...
We can observe that the USD/JPY pair has been on a bullish trend since January, reaching a retest of a 33-year high at 152.073 this month. There has been a moderate pullback to the supply zone, trendline and the EMA200. The current scenario presents possibilities for both a downside break and an upside push, with the potential to surpass the 152.073 level. The...
Usdjpy daily analysis usdjpy made a bullish channal
USDJPY is pulling back from swing low support, and price could potentially fall to our take profit target. Entry: 148.113 Why we like it: There is a pullback resistance Stop Loss: 149.871 Why we like it: There is multi swing high resistance Take Profit: 144.80 Why we like it: There is overlap support Please be advised that the information presented on...
My last trade on USDJPY was just bad luck, it touched my SL for nuts and next got back turbo to TP. This time will be different. UJ is consolidating, looks strong enough to continue the rally (for short term, while we are still downtrend on daily)
Based on daily chart analysis, we can see that the price has just reacted off our sell entry at 148.41, which is an overlap resistance level Our take profit will be at 1.2441, a pullback support level. The stop loss will be placed at 144.72, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Usdjpy Sell limit Zone 148.850 - 149.080 SL -149.380 Tp 1 : 30 pips TP 2 : 60 pips Tp 3 : Open ⚜Divide lot size in the zone with 3 layers ⚜Remember: We will have to enter direct with layering in zone ✅ 1st limit start of zone 2nd limit mid of zone 3rd limit end of zone We’ll have to count 30 pips that will be our TP1 from the latest layer that is being...
USD looking bullish so keep sl on breakeven and manage the trade properly, enter again if market give bearish move after hitting sl at breakeven.
FX:USDJPY USDJPY formed a double bottom on the 4-hour time frame. If this candle holds at the neckline there is a good chance that we could see price retest the 50 Fib. We could also see a rejection at the 200 EMA on the 4-hour time frame giving us a bear flag.
Hello traders, Wave 4 has probably ended at 147.605 zone. Wave 5 is supposed to materialise towards the resistance zone at 148.740. Thanks.
We are currently in Wave C of ABC correction. Looking for a short at 149-149.3, then 5 wave correction to 145.
Based on H4 chart analysis, we can see that the price is falling to our buy entry at 146.51 which is a pullback support level that aligns with the 127.2% Fibo extension Our take profit will be at 147.62, which is an overlap resistance level. The stop loss will be placed at 145.42 below the 161.8% Fibo extension High Risk Investment Warning Trading Forex/CFDs...