In the intricate dance of currency markets, the Japanese Yen finds itself in a delicate position, wavering against the robust US Dollar. As traders navigate through a sea of uncertainties, including intervention whispers and a risk-off mood, the Yen's allure wanes.
The narrative thickens with the Bank of Japan's reserved stance, juxtaposed against a backdrop of...
usdjpy tested the monthly week and almost daily rejection for a better supprot going to 4 hour demand zone for a support and targer to shot only up to 1 hrs deman zone for safe
Based on technical analysis, recent price action continues to reflect a phase of consolidation in the upward trend following a strong rebound from the lowest level in March.
Additionally, other technical indicators on the chart remain positive and have not reached overbought territory.
This suggests the potential for short-term price appreciation in the...
Price currently trade at 151.682 close to 2022/2023 highs. There could be a possible sell opportunity as price broke a mini trendline and head to the downside. A sell opportunity is envisaged from the current market price .
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With the yen continuing its weakness against the dollar, the market is closely watching for any additional measures from the Japanese authorities following their previous verbal intervention. If the weakness persists until...
Hi
I am actually Long USDJPY, the overall trend as you might have checked on higher timeframes is UPTREND. We look to buy . I am continuously adding to my position.
There are also some better zones to buy USDJPY. If we see any confirmation ( Bullish Engulfing ) at fib 0.618 and 0.5 levels where there is also trend line new touch and probably fake out .
USDJPY(1D) The price of USDJPY about to show bullish power know the price of USDJPY 151.350 the price going up to near 160.135 so know keep it your mind and keep following me for more updates related USDJPY.
Keep following me more updates and information related with this pair or if you want more analysis about different pairs of the market then keep following me and keep supporting me.
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Yen stable after BOJ decided to end negative interest rate on 19 MAR 2024. However BOJ interest rate just remove negative rate and keep rate constant at 0%.
The question is, Would market rather invest dollar that offer interest rate earning at 4.75%(after deducting 0.75% since FED announced would be have 3 rate cuts in 2024) or low interest rate earning offer by...
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...
The USDJPY currency pair has recently exhibited a bullish trend. However, it has been consolidating sideways for an extended period, lacking a clear directional bias. In our video analysis, we explore a couple of scenarios and provide detailed insights regarding price action considerations. Notably, we look for heightened volatility as liquidity is tested both...
Price is currently on the swing high resistance level and could reverse from this level to our take profit
Entry: 151.809
Why we like it:
There is a swing high resistance
Stop loss: 152.303
Why we like it:
There is an alignment of the 78.6% Fibonacci projection
Take profit: 151.032
Why we like it:
There is a pullback support
Please be advised that the...
I'm bearish on this pair short term, as we can see multiple rejection wicks on higher time frames, it has broken a previous resitance, but this sideways consolidation is making me believe their may be a push down before a final push-up these ideas are purely hypothetical, and I may or may not take these trades, I am also not a professional, but use this as my...
USDJPY Supply Zone Appears in D1 Time Frame Looking Price Action for Long Term Sell
Risk and Reward Ratio is 1:23
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, by...
