It was bound to happen, but the vehemence was surprising. USDJPY lost almost 200 pips within a day and made little effort to defend itself against the raging bears. By evening, the pair was literally down - exhausted and beaten.
The last trading hours seem to take away any hope for the bulls.
The price knew only one direction in the past weeks - up.
It is clear...
Pair Name : USD/JPY
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( Short After Retest )
Type : Mid Term...
Pair Name : USD/JPY
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 70 PIP
Pair Name : USD/JPY
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2
Account Growth = 10 %
Pip' Achieved = 140 PIP
Hi Traders!
The Nonfarm Payroll (NFP) announcement came in at 205K, which was weaker than the expected number of 225K, and the markets have reacted quite strongly to the news. This could be a possible reversal of the bullish trend we have seen for the US dollar, and it will be very interesting to see what the Federal Reserve and other finance officials say about...
As we said before and from 144.00 we are looking for more dump here like the red arrows mentioned on chart.
DISCLAIMER: ((trade based on your own decision))
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USDJPY update, looking at USDJPY now based on my initial analysis we can see that the USDJPY tanked as per the initial forecast, there was some volatility during the course of the week due to fundamental events surrounding the USD which also acted as a catalyst towards increasing the overall momentum as we would’ve noticed with today’s NFP announcement.
But...
My dear subscribers ,
USD/JPY looks like it will make a good move, and here are the details:
The price is coiling around a solid key level - 142.260
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 140.011
Safe Stop Loss -...
The USDJPY has experienced a depreciation of over 9% against the yen in the current year. Last Friday, the Japanese currency hit a low of 145.07 per dollar in early Asia trade, the lowest it had been in over seven months. However, it stabilized at 144.30 later on Friday following statements from Finance Minister Shunichi Suzuki. Suzuki emphasized that Japan would...
FX:USDJPY daily time price is currently consolidating which means we will have an ' price expansion'. This is strong size that buyers presence is still there in the market even after the 'CPI DATA' came out to be negative. Let's not miss out on this great buying zone.
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USDJPY is temporary overbought on a daily basis. Correction is upcoming then after back to bullish again. Consider also the nation's status on making your trade. Fundamental and technical go hand in hand in your trading strategy.
This is not a financial advice. Trading may lose your capital. Trade wisely
#usdjpy
We have now shifted bearish in Swing structure
Now shorts are the highest probability scenario to look out
just keep follow the trend
supply in control demand is failing
Sorry so late
Price has broken and pulled back
To last.level.of support
Continue to sell this pair and take profits at 220 fib level
Blue box on bottom
Which is where price came from...the next support level
Hey Traders, in the coming week we are monitoring USDJPY for a buying opportunity around 142 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 142 support and resistance zone.
Trade safe, Joe.
