Hey there on 4h TF On USDJPY looking for Sell position from previous high level so we recommend that we can see short area from 149.500 USDJPY SELL LIMIT 149.300-149.500 TP. 148.800 TP. 148.500 TP. 148.000 SL. 150.00
USDJPY Pivot 148.600 - If the price is higher than the pivot, Long target TP1 at 149.360, TP2 at 149.920, cut loss if the price is lower than the pivot. - If the price is lower than the pivot, short target TP1 at 148.290, TP2 at 147.540, cut loss if the price is higher than the pivot. ***Please money management***
USD/JPY reached its all-time high back on November 13th but lost around -7.27% within two months. Despite the high volatility in the dollar, the Japanese yen couldn't reach or break the lower high level around 150.91. Last week, due to the Dollar's inflation data, the price of USD/JPY tested a bottom area of 146.452 and rallied to a resistance level of 148.95...
This setup outlines a long/buy trade on the USDJPY currency pair using a buy stop order to enter at 149.174. The stop loss is placed at 148.557, which means the maximum risk per standard lot is around 617 pips (149.174 - 148.557). The take profit level is set at 149.791, which is 617 pips away from the entry, giving the trade a risk-to-reward ratio of 1:1. A...
I BELIEVE that this pair will make its way back down due to a couple of reasons. First would be the dollar which has lost its power over the last couple of weeks which puts USDJPY in a chokehold. Secondly would be the FVG imbalanced level(Green box drawn) that the USDJPY has touched on the 4 hour which i would recommend waiting on a BOS on the 1 hour for...
Mar 14 If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and...
My analysis on USD JPY, I use limit orders so I don't need to be in front of the chart all day. To consider this a good entry there are certain criteria to follow: 1. Clean BoS with IMB. 2. * Look for areas where liquidity has been purged. 3. * Stochastic: in uptrend 0-15, in downtrend 85-100. ( * ) = Not optional but increases our probability. I use Fibonacci...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
There is possibly no bigger trading event this week than the Bank of Japan’s decision on Monday. The groundwork for abandoning negative interest rates has been subtly laid since last year, and now, this could very well be the month they choose to make their move. The prospect of ending a policy entrenched for nearly two decades could significantly move the...
USDJPY is in Bullish Trend, making Higher Highs and Lower Lows consistently.
**Monthly Chart** USDJPY broke the high of August 1998 and moved higher in Oct 2022 which created a new swing high at around 150 level before drifting lower. This created a new strong level since then and the price was unable to break above it. Additionally, the price created a new MC in Nov 2023 and the price moved towards it and currently testing it. ...
USD longs should be careful as BOJ is expected to scrap YCC and move from -0.1% to 0% in their March 18-19 meeting asia.nikkei.com
4 Hour: Has broken out of a consolidation zone and made a strong impulsive move to the downside. Price has now pulled back to the premium zone and also at a supply zone. I believe a pullback is expected but because this impulsive move down failed to break the structure on the Daily. I am cautious that the Daily will remain bullish.
USD/JPY jumps to 148.80 on hopes that the BoJ will maintain its ultra-loose monetary policy stance on Tuesday. The BoJ lacks a significant wage-price spiral to back an exit to negative interest rates. Diminished Fed rate cut expectations keep the US Dollar strong near its three-week highs around 103.50. USD/JPY is the forex ticker that shows the value of the US...
On 4 hour Candle USDJPY is looking like Bullish trend as chart is posting continuous series of Higher High followed by Higher Low in compliance with DOW theory. Therefore, I would like to take entry if previous Higher High is crossed in upwards trend. To limit the risk of loss in case of Reversal of trend, I'll put Stop Loss at previous Higher Low.
Expecting there to be a pullback early this week to continue bullish DXY pressure. Underlying low interest rates for JPY supporting potential new all time high for USDJPY. Also positive data last week for DXY solidifies the idea. Potential reversal around 149.80
USDJPY is now looking to become bullish. In case it continues to go up, deciding to go long in it.
Its been a while since I dont post this pair, Now looking good for its momentum. Well see how things works, previous price surge could be just a liquidity. The idea is to make equal highs again. This idea is Buy only. Trade at your own risk. This is not a financial advice either. Follow for more higher context. Patience is a Virtue, higher timeframe is Good...