Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The Japanese Yen is currently receiving support from government intervention, but differing expectations from the Bank of Japan (BoJ) and the Federal Reserve (Fed), along with reduced tensions in the Middle East, have diminished JPY's role as a safe haven asset. From a technical standpoint, indicators continue to signal an upward trend. The Relative Strength...
currently on usdjpy the market has cleared the Buy-Side liquidity and is forming a market structure shift to reverse to the downside
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...
By examining the trend in the daily time frame, USDJPY has a very important support in the range of 153.58 and it seems that if it is maintained, it has targeted the resistance range of the ceiling of the ascending channel in the range of 157.96-157.12.
FX:USDJPY The Japanese Yen remains on the defensive amid the BoJ’s uncertain policy outlook. A positive risk tone also undermines the JPY, though intervention fears limit losses. Reduced Fed rate cut bets act as a tailwind for the USD and lend support to USD/JPY. Traders now seem reluctant ahead of this week’s key central bank event and data risks.
Price would likely continue to grow in bullish strength as it currently trades at 154.839 ahead of BoJ interest rate decision coming up on 26th. In the late session of Asia, we saw how price sowed higher to previous day/week high. A buy opportunity is envisaged.
Here I have USDJPY on the Weekly Chart! Price has been meeting all the criteria since its LOWEST LOW recorded @ 75.565 in Oct. 2011 to have then started what looks to be a Correction Wave (ABC). *This Low also seems to have been the completion of the 5th Wave of the Impulse Wave since UJ hit markets in Jan. 1971!! On the chart you will see that we have continued...
USD/JPY is giving a reversal signal, the daily timeframe closed with equal lows and the 4H timeframe also is giving an equal low's signal. Once the 4H candlestick closed with 2 bear candlestick confirmation l'm entering a sell, what do you guys think?
USD/JPY is giving a reversal signal, the daily timeframe closed with equal lows and the 4H timeframe also is giving an equal low’s signal. Once the 4H candlestick closed with 2 bear candlestick confirmation I’m entering a sell, what do you guys think?
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at154.79, which is a multi-swing high resistance. Our take profit will be at 153.88, an overlap support level. The stop loss will be placed at 155.08, which is above the 127.2% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Price continues to maintain its bullish momentum and currently trades at 154.774 At midst of upcoming BoJ interest rate, price continues to show its bullish resilience. A buy opportunity is seen in 15 minutes timeframe.
Now is time to start selling USD/JPY On the daily time the pair has formed a double top, 4H timeframe the has 2 bear candlestick closed confirmation that the sellers are in already.
USDJPY is currently at the pivot and could fall toa pullback support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level which is close to the 161.8% Fibonacci extension. Addiontaly, there is bearish divergence Pivot: 154.77 Support: 153.36 Resistance: 155.77 Risk Warning: Trading Forex and CFDs...
PEPPERSTONE:USDJPY FX:USDJPY FOREXCOM:USDJPY OANDA:USDJPY USDJPY IS MEET THE VERY VERY STRONG RESIS HERE, And buy volume is hit the maximum still cannot break out the resistant. So at this moment we are going the big sell BOOM here.
Hey guys here's what i am looking at on UJ, as we all know the yen has been really weak so i am really bullish on all pair trading against the yen. price is currently at a demand area on the daily so i am expecting bullish continuation all the way till 155.000 lv.
My macd confluence My Higher Highs chart confluence’s have been met. I’m anticipating a nice 70-100 pip sell off within the next 10-24hrs 154.00 is my target area Just my view on this pair. What do you think is going to happen? Trade safely my friends
In addition to the eagerly awaited US data slated for release this week, investors will be keeping a close eye on the Bank of Japan's interest rate decision scheduled for Friday. Market expectations lean towards the BOJ maintaining its current rate settings during Friday's announcement. However, analysts and investors will scrutinize the central bank's...