USDJPY buy position now running 350 PIPS in profit. 50% of the move has pretty much been completed, with 50% upside left. Move SL to breakeven if you haven't already.
USDJPY how did you do the analysis ? 1- general trenline 2- zone support 3-rsi zone
USDJPY idea long position analysis 1hr Pair :USDJPY Position : LONG (BUY ) Entry1 : 148.950 STOP LOSS @ 148.650 TP 1 @ 149.250 TP 2@ 149.550 TP 3 @ open ( Trailing SL ) confirmations entry position 1-rejection zone 2- rsi zone
The USDJPY currency pair is currently exhibiting a bullish trend, suggesting that the value of the US dollar is strengthening relative to the Japanese yen in the foreign exchange market. This upward movement may be driven by various factors such as positive economic data, market sentiment, or geopolitical events favoring the US dollar over the yen. Traders and...
The USD/JPY pair is forming a symmetrical triangle on its weekly chart, indicating a period of market consolidation. Traders are closely watching for a breakout above the upper trendline, currently at 150.552. If this breakout occurs and is sustained, it could lead to a bullish rally towards the 176 level. However, caution and confirmation are advised before...
Following a raft of mixed messages from the Bank of Japan (BoJ) and stronger-than-expected wage negotiations for corporate Japan, the central bank stepped up overnight and ended eight years of negative interest rate policy (NIRP) as well as putting a cap on yield curve control (YCC). The BoJ raised its Policy Rate by 10bps for the first time in nearly two decades,...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Hello everyone, this is the new strategy I'm discussing for USDJPY! It can be seen that USDJPY has undergone significant fluctuations yesterday, with prices surpassing 149.00 and remaining stable at this level. It is currently trading at a new high of 150.25, after reaching 140.50, marking a 0.75% increase for the day. So, what are the reasons and factors driving...
Fun fact about me, Forex was my first introduction into the market back in 2020. Now a lot has changed for me in the past 4yrs. I have learned so much about trading and investing, it's truly been a journey. Now I no longer trade FX but I do still look at the FX market for information. Is it just me, or does this pattern look really familiar? IDK
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...
Bank of Japan Ends the Era of Negative Interest Rates The Bank of Japan has not raised interest rates for 17 years. For 8 years, it was in the negative zone. But today there was a dramatic shift in monetary policy — the Bank of Japan announced a decision to increase the interest rate from -0.1% to 0.1%. The central bank also abandoned yield curve control...
After eight years of negative rates, and seventeen years since the last rate hike, the Bank of Japan has finally delivered what was an eagerly-anticipated exit from over a decade of ultra-easy monetary policy; though, frankly, the first steps towards policy normalisation – despite being incredibly significant – came with little fanfare, or subsequent market...
We have positiive news from Japan, this bearish OrderBlock confirmed sell signal. Risk reward 1:7
This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
My strategy is volume trading. High volume areas=Untapped orders ready to be filled We see a build up of consolidation where price ranged, sometimes breaking out but never continuing in that direction. We've tapped a high volume area which could mean downside is on the way. Lets see what happens
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . USDJPY long ! Great BUY opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
USDJPY is churning chart paper just above the 149.01 handle as investors gear up for a central-bank-heavy week. The Bank of Japan (BoJ) is expected to deliver an update on its negative interest rate regime early in the Tuesday market session after Japan’s spring wage negotiations showed the highest wage increases in over three decades. The Federal Reserve (Fed) ...
USDJPY fluctuated insignificantly in the past session, still slowing down before the resistance area of 149.5. This may change today with the BoJ's new policy decision. You should patiently stay outside and observe, in case new notable bearish signals appear, especially on the daily frame. You may consider selling. This selling strategy only changes when the...