The USDJPY pair has been displaying a bearish sentiment in the recent trading sessions. The price action has been showing a consistent downtrend, with sellers dominating the market and pushing the price lower. This sentiment is further supported by increasing selling volume, indicating that traders are willing to sell at lower prices.
Technically, the 50-day...
Technical Analysis: (Personal opinion)
USD/JPY failed to break the 134.000 resistance level on the four-hour chart and returned to the 132.794 support level. After a short break at the mentioned support level, it broke the desired level, and became a resistance level, probably in the middle of the day, we will see a drop in the price of the dollar against the...
Hey Guys,
So here's another YEN.
137 Area is FAR more feasible for shorts. Currently you are low still after the grand fall we looked at.
Let the market retrace and short POPS.
That is the only way to trade with the overall natural trend of the market (up and down Via waves)
I see bullish retest and looking to long the market and sweep the equal highs then I might be shorting at the TOP supply again as the initial bias of the market is downtrend.
USDJPY
Analyze
Generally the direction is uptrend
price trade at the bullish channel
under 132.36 the price will try to reach 131.57 and if can break it then it will reach 130.89
as long as price trade above 132.36
the chance of rise up increase and price will try to reach 133.04 , 133.72
under 131.57 it will reach 130.89 and 130.51
support line : 132.36 ,...
Hi folks today I'm prepared for you JAPANESE YEN analytics. After breaking through the support zone 130.20-129.80, the price could not foothold in below and began to rise. Japanese Yen broke through resistance at level 132.80, traded higher for a while, then began to decline and broke through the current support level. The price reached the trend line and tried to...
USDJPY is approaching a key support and hit our buy entry at 131.810 and bounce to the up side. Price could hit our take profit at 133.762 which is an overlap resistance. Stop loss is at 130.537 which is an overlap support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an...
The current market for USD/JPY is dominated by the bears, who are eagerly anticipating a continuation of the downward trend. At this crucial moment, the trendline support is highly vulnerable. As Tokyo traders enter the market on Friday, the price of USD/JPY remains stagnant, resting below a significant resistance area near 132.70 on the 4-hour charts. The US...
USD despite it's apparent weakness lately looks ready to go on a run against the yen. The double bottom looks good and a run to range highs at 148 looks probable. I'm long from 130 and will hold this to range highs. Inversely I'll Martingdale down to the yellow circle, around 126-127 where the next support is. If price gets down to those levels you're going to...
USDJPY is approaching our buy entry and potentially bounce from this level. We could see price move up to our take profit target.
Entry: 131.812
Why we like it:
There is an overlap support that aligns with the 61.8% Fibonacci retracement
Stop Loss: 130.488
Why we like it:
There is an overlap support
Take Profit: 133.828
Why we like it:
There is an overlap...
I think 131.5 is a good range to buy
At least there is a very low risk that I am sure will not be touched
And finally, we will close the position with excellent Yesud, and one should be patient
USDJPY is currently in a bullish Trend on H4 Timeframe and The past week it has been retracing on H1 Timeframe, We are expecting a buy from the H4 Order Block
USDJPY fluctuated downward, and the exchange rate fell below the support of the upward trend line. At present, you can pay attention to the resistance in the 132.9-133.4 area. If the rebound encounters resistance, you can consider shorting, and pay attention to the 131.0-131.5 area below.
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Over the past two decades, the percentage of the global market held by the US Dollar has fallen from 71% to 59%, and there is a possibility that it could decline further in the future. This poses a significant threat to the United States as the use...
