Observing an upward trend, I propose focusing on the USD/JPY currency pair. Stay tuned for insights into its ascending trajectory.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking above the $127 resistance, USDJPY has been going up in a parabolic manner. How high can USDJPY climb? The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of: 1- $160 round number and weekly high/ 2-...
Life as a USDJPY buyer has been good, as I proposed it may be in my swing long USDJPY thesis. Market is up several 100 pips and it's paying swaps daily just to hold. What's not to love? But it's starting to feel a bit easy. If it keeps being easy, I'll keep longing with tight stops under structure but my current bias skews more towards the short side. Have...
recent monthly angle break suggests much higher prices to come
USDJPY New Forecast The price still running at the bullish trend, to get 155.770 Currently, a 4h candle close above 154.700 would signify stabilization at this level, heralding the onset of a bullish trend with an immediate target of 155.77, thereby positioning the asset within the bullish zone. retest scenario will be available till 153.07 by closing the 4h...
USDJPY still shows very strong BULLISH set up. I expect to pull back to around 153.32-153.09. Once i see this area holds then that can be very good BUYING ZONE. We can see as high as 156.71 or more If this plays out i will update trade once i go in Thanks
USD/JPY keeps breaking into its highest chart territory since June of 1990 early Thursday, recapturing 155.50 for the first time in 34 years as the Japanese Yen remains vulnerable, despite looming intervention risks. The focus shifts to Thursday's US GDP report and the BoJ decision on Friday.
This FX pair is not for beginners. Even experienced ones need to be very careful. The only way to trade this is with a lot of patience. A simple calculation using current yield can tell us that 180 is precisely where it is setting its sight on. The D seems to agree. I will just wait. Wait for it to reach 180. Good luck. P/S : Do not just believe what I say....
#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✅💯
The Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%. It has been a busy Friday in Japan. Japanese inflation data, which was released just before the end of the Bank of Japan meeting, was much lower than expected. Tokyo Core CPI, which was overshadowed by the Bank of Japan’s meeting today, eased to 1.6%...
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...
Preferred direction: SELL Comment: The main event of the week is just around the corner. At the end of this week there will be a meeting of the Bank of Japan, where the interest rate will be decided, and most importantly, the immediate prospects for monetary policy will be announced. A large number of market participants expect intervention from the Bank of...
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
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
We have these indicators for SELL opportunity: - Reflection from the Upper trend line - Low volume to continue the current direction - Return OR re-test to Year + 6M + 3M + 1M high area (min. for TP1) - Return to the Lower Trend line We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips
Japan FinMin Suzuki: Will Deal With Forex Appropriately But Declines To Say Whether Forex Moves Are Excessive USDJPY breaks higher as inflation came at 1.7% down from 2.5% expectations, and 2.6% prev reading. Thats very interesting reading. Who would think of this data considering how expensive
TP: 156.298 SL: 154.000 In this trading strategy, we present a compelling opportunity for a long position on the USDJPY currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
The Bank of Japan (BoJ) increased its policy interest rate to 0.00-0.10% in March, bringing interest rates out of negative territory. Although the yen was expected to increase, the market witnessed a decline in the yen, causing the OANDA:USDJPY exchange rate to increase. Although the Bank of Japan gave limited guidance on further policy tightening, markets...