The USD/JPY has slip after touching the 160.00 region and it is suspected as an intervention during the trading holiday in Japan. However, the effect was quite minimal as the dollar/yen pair saw bullish strength at 151.972 support. Going forward, USDJPY may head higher to test the immediate resistance at 151.70 before another round of sell-off occurs. mid to...
In the near future, USDJPY will show us significant growth. Please follow this case!! Against GBP, the USD is showing signs of decline, the Japanese yen is the opposite
Attention Traders, In today's trading session, our focus is on USDJPY, where we're eyeing a potential selling opportunity around the 155.700 zone. Currently, USDJPY is entrenched in a downtrend, undergoing a correction phase as it nears the critical support and resistance area at 155.700. From a fundamental perspective, there's notable contention in the market...
Looking for a sell opportunity in USDJPY. Reason to SELL: 1. Forming 'M' pattern in 15 minute chart. 2. showing downtrend line in 15 minute chart. Use proper risk management. Thank you
USDJPY still seems to show the signs of bullish movement. Watch it keep climbing until right before the closure of market on Friday.
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
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
After the pullback, USDJPY is ready for the big drop. Follow risk management
This is wycoff wave Entrance confirmed Use the same Stop Loss
SL: 156.610 TP: 153.449 In this trading strategy, we present a compelling opportunity for a long position on the USDJPY currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
The Japanese yen turned into little changed The Japanese yen turned into mildly unstable on Monday, with USDJPY soaring simply under 156. The recognition stays on any capability authorities intervention to assist the currency, after at the least instances of intervention in early May. The authorities is stated to have stepped in to deliver down the USDJPY...
The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. This was weaker than the market estimate of -15.%. On a quarterly...
If the market breaks the zone we can expect. This is a great opportunity and not to be missed.
The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. This was weaker than the market estimate of -15.%. On a quarterly...
Lock in your entry for USD/JPY at 155.12, perfectly poised at the 61.8% Fibonacci retracement and just steps away from the 100-period EMA at 155.16. This convergence offers a strong technical base for a bullish reversal, in line with the ongoing bullish sentiment in the market. The precise entry point boosts the risk/reward ratio, making it an excellent...
CHECK PREVIOUS POST on April 29. The overall trend is bullish. looking to go long at the mitigation of the 1hr ob.
Today gonna be watching out for the ninja. Overall Bullish bias so will be waiting for a sweep of the Asian accumulation and hope to get an entry inside the discount PD array and the buy side imbalance sell side inefficiency. Better Stops after we get an entry. Targets will be on the daily highs. NB: haba na haba hujaza kibaba
Looking for a sell opportunity. Reason to sell: 1) Breakout uptrend line 2) forming 'M' Pattern in 5 minute chart - Use proper risk management. Thank you