USD/JPY: Rate Falls Rapidly after Exceeding Psychological Mark of 160 Yen Per Dollar Despite the fact that today is a holiday in Japan, the foreign exchange market is experiencing extreme volatility — wide candles are forming on the USD/JPY chart, and the rate briefly exceeded the psychological level of 160 yen per dollar, reaching a new high in 34 years. The...
Pair Name : USD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal...
USD/JPY Analysis: US Dollar Weakens After Statements from the Federal Reserve Chair Last night, the Federal Reserve's decision regarding interest rates was published, which, as expected, remained unchanged at 5.5%. The subsequent press conference by Powell was of particular interest to market participants. According to CNBC, during the conference, the Fed Chair...
I think this will happen in the next few hours. Today. Based on experience from previous interventions, my opinion is based. If that doesn't happen today, then there really won't be an intervention. BOJ is targeting greater yen weakness. Thank you
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...
USDJPY is moving near the lower boundary of the ascending channel. The price bounced off the dynamic support. The chart has formed a pattern AB=CD. We expect a rebound after the support level is retested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Dear Traders, Hope you are doing great, right here we have an excellent opportunity of buying USDJPY, JPY plummeted few days ago as BOJ kept the interest rate as the same and decided not to change. Leading a heavy sell off on YEN. However, price did make strong correction right after the sell off, though we think it was temporary correction. Right now price is at...
OANDA:USDJPY OANDA:USDJPY FOREXCOM:USDJPY FX:USDJPY PEPPERSTONE:USDJPY USDJPY will continue down to the point, so we are short position with the ABC trend right now.
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...
#USDJPY UPDATE Hey team we are here to update about USDJPY. USDJPY has breaked the main Ascending Triangle Pattern. Getting a good volume here. We can see gain here upto 500Pips+ soon✅💯
Preferred direction: SELL Comment: The long-awaited meeting of the Bank of Japan took place, at the moment it is best to focus on technical analysis. Previously, we published two scenarios where scenario №2 is already active. Everything is unchanged here and most likely near the level of 157 , we can expect a fall with a target at the level of 153.222...
In the time frame 1 h, we see that it has reached the ceiling of the channel and we expect a decline
Friends, in the daily time frame, a downward correction is possible, as you can see in the picture
USD JPY PRICE - NO MORE FLYS PRICE WILL BE DOWN FALL till marked price make a short as shown in the picture, follow for more live updates
Taking a buy position at 154.759. I haven't seen too many signs showing any weakening in this pair. We are about to break through a previous old high, I'll be holding this trade up until the 164 area or until I see serious signs of weakness on this pair, for now I'm long and will continue to trade with the trend. Let me know your thoughts or if you see something...
Context posts; Broad USD bull thesis. (Please read this before making cliche USD objections. I've covered them in the main USD bull thesis). Bottoming strategies examples for context on the style of forecast move. Both of these reversals had a similar confluence of signals. When this confluence of signals forms we commonly are about to see bear trend...
On weekly chart, the USDJPY continues soaring after a bullish breakout from a long term ascending triangle formed since 2022. The bullish breakout occurred on 10th of April when the pair decisively pierced above the 152 resistance zone, and the breakout with an upside target of 176 (measured by triangles height) remains valid as the subsequent weeks continued...
Add volume every 100 pips with a target of 152.67/ The goal is definite, so have capital management... maximum 300 pips of capital management