Here is my analysis for USDJPY on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The Japanese yen traded just north of 140 against the U.S. dollar on Monday, after the currency breached that level at the end of last month for the first time since November.
Last year, Japan’s Finance Ministry intervened to prop up the yen on three separate days: Sept. 22, Oct. 21 and Oct. 24 — as the currency notched 150 against the greenback, weakening to...
1) Price is rounding up; Noted with the red semi circle = bullish
2) break of the resistance line with a large momentum candle = bullish
3) MACD line has crossed the zero line = bullish
= bullish
Im going 1.5 ATR take profit and 1 ATR stop loss
Investor fears of Japanese intervention, rising borrowing costs, and US-China trade conflicts boost demand for the safe-haven Japanese Yen (JPY). The USD/JPY pair is under pressure as the US Dollar (USD) remains weak. The US ISM Services PMI indicates a slowdown in inflation, which suggests a less hawkish stance by the Federal Reserve (Fed). However, the market...
With the US nonfarm payrolls behind us, we look to the US CPI report as the next big risk for markets. Ahead of this, we’ve seen USD sellers start to dominate with EURUSD eyeing a re-test of the 22 June high of 1.1012 and USDJPY 300 pips off its recent high. We also see GBPUSD looking poised to test the 1.2850 highs, so one for the breakout traders, especially...
Hello traders!!
this last week has been full of statements by both American and Japanese central banks! the two banks are still diametrically opposed on their monetary policy decisions.
The fed, despite having skipped the month of June by a further rise of 0.25%, is expected to see another two further rises by the end of 2023! but Powell's words were the ones most...
📉 This week, I'm keeping a keen eye on a counter-trend trading opportunity for USDJPY. I'm patiently waiting for a potential shorting opportunity at the Key Resistance Level of 142.96.
⚠️ However, it's important to note that despite this shorting opportunity, my overall bias remains bullish on the US Dollar. This week appears to be a retracement week in the...
Dear colleagues, I expect a correction towards the 50% Fibonacci retracement level at 143.346. On Monday, a continuation of the movement towards the resistance area at 141.674 is possible.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
UJ has not actually confirmed its range yet but we will be looking for it to do this on or near market open, now if we don't confirm we will of course follow it down to the next high and low setup we can find.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your...
Recently, the USDJPY pair experienced a bearish breakout below its lower boundary. This suggests a potential downward movement towards a significant support level formed at the bottom.
USDJPY break neckline
pull back buy
today usdjpy just break-out
therefore we should look for buying
opportunity to catch the next rally!
aim 142.50 and 146.60
Ideal Entry 137.80
Hi Traders,
We have 2 zones to look for longs in UJ. We are expecting a move up from these zones. Watch for a trend change in the lower timeframes as confirmations.
Alerts on
- Price 141.865
- Recent Strong Low
We have set alerts on the above. Our target will be 143.571.
Follow us and hit the Boost if you like our charts.
Thank you and trade safe. 👍
USD/JPY appears to be a really decent short sale from level 142. Don't miss up this opportunity to make an impressive profit on this trade.
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I’m going to be looking for a long position as soon as the market opens
I do believe we will retest the high and potentially go even further up to 150
We are in a oversold market and we have broke out the baby bands which leads me to believe we are going up
USD/JPY there was a bearish trend for the last few days but it was not that Strong. it was coming down very slowly. it has become a vry storng bearish trend since the 6th
