Hello Everyone, The USD/JPY pair has surged to a peak and is expected to sustain its bullish trajectory. Nonetheless, a notable influx of sellers is emerging as the pair reaches this heightened level. It's crucial to note the resistance point at 154.607. TradeWithTheTrend3344
Japanese Yen sticks to modest gains against USD, not out of the woods yet The Japanese Yen attracts some buyers and recovers a part of the post-US CPI slump on Wednesday. Intervention fears, along with a weaker risk tone, underpin the JPY and exert pressure on USD/JPY. The divergent Fed-BoJ policy expectations should limit any meaningful corrective slide for the...
Now is a very good time to get into USDJPY long positions & target the $153 price point. Offering a good 600+ PIPS profit! Bare in mind this the 1D TF, so be generous with your SL & give market breathing space.
We could possibly see a minor dip down on USDJPY as a correction, but overall we are still bullish. The top of the market is not in yet🤙🏽
Despite the DXY aggressively correcting itself, USDJPY has managed to stay firm & correct itself through a consolidation phase, rather then dropping as well. We still remain in our USDJPY buy positions & holding towards $153.300🤙🏽
We saw USDJPY sharply move down yesterday as a correction, in turn trapping in new sellers. As soon as new sellers got trapped, markets used them as liquidity and pushed back up. Our buy position running 445 PIPS in profit🤙🏽
USDJPY holding up extremely well & running 450 PIPS in profit. This move has already been made risk free as SL is at breakeven🤙🏽 The 'before' analysis has also been posted on my TradingView, available for you all to go and see!
It has been some time since we checked the #Japanese #Yen vs US #Dollar. Updated the chart a bit since last time. Clear bottom forming inverse head & Shoulder pattern. Broke and retested the 2002 highs. Bounced off the Green Moving Avg, successful retest. Japanese are selling foreign investments as their #interestrates have increased. We've spoken on that a few times.
FX:USDJPY The USD/JPY presents a compelling opportunity for sellers, as per Elliott Wave analysis, indicating a potential downward movement towards the 121 level. Disclaimer: This is not financial advice
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #USDJPY explained. Price action analysis & key level
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Still holding a buy, moved SL in profit. With the current price movement we might get stopped out. DAILY 151.90, we finally broke and closed above. We are now either waiting for the further bullish push up or the retest so we can enter on the continuation. This is the highest price UJ has been peaked at, so we know the dollar is doing quite well. 4H 152.80 gave...
Examining USDJPY, I’ve identified a robust SHORT opportunity as key technical and economic factors converge. The pair has encountered strong resistance at a critical technical level, exhibiting signs of exhaustion with the formation of a double top pattern. This bearish signal is reinforced by a descending RSI and a bearish crossover in the MACD, suggesting...
Long-term Analysis of USDJPY: This pair is navigating through the waves of Dow Theory, and for the past several weeks, it seems to be gearing up in an accumulation phase, setting the stage for a potent rally aimed at the Fibonacci extension target of 1.618 (equivalent to 176.500). However, this scenario hinges entirely on breaking through the 152.000 resistance...
USD/JPY Rises to Highest Since 1990 This morning the USD/JPY rate is around 153.20 yen per US dollar, which was facilitated by a sharp strengthening of the dollar against the backdrop of news about inflation in the United States. Thus, the yen weakened to levels last seen in mid-1990. At the same time, an important event occurred — a bullish breakdown of the...
The yen has accelerated to fall to 170+, the US dollar will not cut interest rates, and inflation will not go down at all. The Japanese yen will accelerate its depreciation after breaking through the resistance of 152.
USDJPY is falling toward a support level and could potentially bounce off a pullback support that aligns the 50% Fibonacci retracement and rises toward a swing high resistance Alternatively, if price breaks below the pivot, it could continue to fall to a swing low support level Pivot: 151.93 Support: 150.90 Resistance: 153.12 Risk Warning: Trading Forex and...
USDJPY Selling opportunity Appears in H4 Time Frame Looking Price Action for Long Term Sell Risk and Reward Ratio is 1:4 After 50 pips Profit Set SL Entry Level "DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors,...