a pull back with a pin bar in 3 hr time frame, I am bearish on this pair for an RR of ~3
The drop in FX volatility after last week’s action is being helped by the PBoC's stabilisation of the Yuan and should not help the Yen, which remains the most popular funding currency for carry trades. Verbal interventions in Japan and the softer Dollar momentum are helping a bit, but the current environment suggests a recovery in JPY remains even more strictly...
Hello traders, Wave 5 has probably ended at 151.972 zone. ABC Correction is aimed at getting to 149.860 zone. Thanks.
Looking to long USDJPY. Currently in a short position from the high as I mentioned last week in Yen alignment across the Yen pairs where I had my eye on CADJPY and USDJPY also looked appealing to take a short play. Currently now looking for longs as the trend is still clearly bullish on this pair along with other JPY pairs. However this leg we have just completed...
USD/JPY preserves its bullish momentum after breaking above 150.00 with the 'sell the fact' reaction to the Bank of Japan's decision to end negative interest rates. In the post-meeting press conference, Governor Ueda said they will consider options for easing broadly, including ones used in the past if needed.
Dear Readers, I hope this message finds you well. I wanted to provide you with a brief update on the stock FX:USDJPY I have been monitoring. It appears that the stock is approaching a potential resistance level Near 6960-80 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a...
USDJPY is preparing to continue its bullish trend amid strong sell-offs of the Japanese national currency. Medium-term target could be 155.0 Amid the change of tactics of the Japanese central bank, traders are still negative towards the JPY and are still very much increasing short positions. On D1 the market still has a strong buyer in the currency pair, this...
USDJPY afyer retest sell short until 0.5 / 0.618 fib level On the chart displayed, there's a trading strategy that involves waiting for a price retest following a break of structure. A detailed analysis suggests that, once the price retests the significant level and shows clear signs of rejection, we should prepare for a potential short (sell) entry....
We are looking for a heavy dump here now near daily resistance formed here or near our possible resistance zone which is mentioned as a major resistance and soon we are looking for our -300pips target hit by high volume and bear candles. DISCLAIMER: ((trade based on your own decision)) <
After 0.5 fibo retest Drop sell us/jpy Multiple TP
There is significant resistance, thus this is a cautious buy. Hourly chart shows USDJPY consolidating. Expect trend continuation. I may be getting in early. 4Hr: D: W:
Long time since my last idea. I am using price action and OB. Hope it works
USDJPY has been the story of the day. No imminent tightening hints from BoJ 'hawk' Tamura left USDJPY drifting higher, the pair nudged to highest levels since 1990. The move drove a response from Finance Minister Suzuki who said they will take "bold action" if needed, language we haven't seensince from him 2022. This is the second escalation this week after Kanda...
USDJPY SELL | In-Depth Day Trading Analysis Greetings Traders, let's dive into a comprehensive analysis of the USDJPY pair. I anticipate a potential further decline within this range in the near future. This presents a compelling SELL opportunity for USDJPY traders. After conducting thorough analysis, I am confident in the validity of this viewpoint. Your...
the DXY is regaining strength looking to break the recent high and the yen is currently pulling back but is expected to tank as it is still in a downtrend price is showing rejection off of support that used to be old resistance so I am looking to take this pair Long
The Japanese yen has edged higher on Wednesday. In the European session, USD/JPY is trading at 151.17, down 0.26%. The Bank of Japan raised interest rates last week for the first time since 2007. The move marked a sea-change in monetary policy. However, the tightening has not translated into gains for the Japanese yen, which remains under pressure. Earlier today,...
USDJPY is continuously making higher high and higher low. I have to get inside the current trend and avail my profits. Lets see how it turns out.