USDJPY is still continuing to adjust upward as expected, currently the important conversion resistance level around 156 is being approached, this is the price area where we are looking to sell, please pay attention to the signals here as the price approaches, Consider reopening short positions if reliable bearish signals appear, especially on the daily...
The Japanese yen USDJPY rose 0.6% on Monday, although trading volumes in the currency were limited due to a market holiday in Japan.
The rate is inversely linked to the strength of the yen, which has fallen sharply from a 34-year high of more than 160 yen last week amid signs of repeated government intervention in currency markets.
But given that the...
My Dear Robbers / Traders,
This is our master plan to Heist Bearish side of USD/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at...
On the chart, I underlined important key levels:
support and resistance areas on USDJPY for next week.
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
On the 4 hour chart we have a shift of market structure from bullish to bearish. As we await the release of NFP data, my view is a bearish continuation irrespective of the magnitude of NFP data.
My old friend finally decided to listen to me and make a good drop. More is coming of course, and i expect a reclaim of the 146.000 level sooner or later (probably before june). I placed another sell limit at 154.500, in case will see a spike to liquidate some shorts. Holding all for the long term
Taking a buy position at 154.759. I haven't seen too many signs showing any weakening in this pair. We are about to break through a previous old high, I'll be holding this trade up until the 164 area or until I see serious signs of weakness on this pair, for now I'm long and will continue to trade with the trend. Let me know your thoughts or if you see something...
Pair : USDJPY ( U.S Dollar / Japanese Yen )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as Correction in Short Time Frame
Fibonacci Level - 161.8%
USDJPY is moving near the lower boundary of the ascending channel.
The price bounced off the dynamic support.
The chart has formed a pattern AB=CD.
We expect a rebound after the support level is retested.
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The Japanese Yen ticked lower against the United States Dollar on Wednesday, with USD/JPY getting mighty close to the sort of level that might force authorities in Tokyo to intervene.
The Dollar is of course benefitting against most rival currencies from a broad re-pricing of interest rate expectations. The resilience of pricing and economic growth in the world’s...
The Japanese yen experienced a notable rise on Monday, which analysts interpreted as a potential sign of intervention by Japanese authorities in the foreign exchange market. The move comes after a significant depreciation of the yen, which has fallen nearly 11% against the dollar this year and 35% over the past three decades, recently hitting a 34-year...
Dear Traders,
Hope you are doing great, right here we have an excellent opportunity of buying USDJPY, JPY plummeted few days ago as BOJ kept the interest rate as the same and decided not to change. Leading a heavy sell off on YEN. However, price did make strong correction right after the sell off, though we think it was temporary correction. Right now price is at...
HELLO FIRENDS
As we can see USDJPY holding the bullish trend strongly and looking for these design levels if they will not break our Stop loss zone, we are expecting these move incoming days or weeks on weekly based chart there is a clear view that why we are looking for more higher high and let the chart makes a double top on these levels let's see what market...
USD/JPY broke ascending triangle pattern at the 152.00 Resistance level per my last analysis. Since then, we have seen the completion of the measured move to 154.500 followed by a third leg up to 158.350! Is this the moment to long? Or are we in for a hard sell-off?
Previous Analysis:
How do we trade this? 🤔
I would not long the market open. After a strong...
Hello fellow traders, Im seeing the FX:USDJPY Could retest this zone.
This is only my, This is not a financial advice, are we seeing japan yen could go higher, 160?
Follow for more Longterm/swing trades.
The idea is Buy.
Instrument: USD/JPY
Pattern Formation: Cup and Handle
Current Situation: Near Key Resistance Level
Analysis:
The USD/JPY currency pair has been exhibiting a compelling technical setup, characterized by the formation of a Cup and Handle pattern near a crucial resistance level. This pattern suggests a potential bullish continuation in the prevailing...
USDJPY has been in a strong uptrend, recently consolidating within a rectangle pattern.
Price attempts to hold above the rectangle and potentially challenge the monthly resistance level.
Always practice proper risk management with stop-loss orders
USDJPY is moving in an ascending channel near the resistance level.
The volatility of the chart movement has decreased.
The price has formed locally a small double top pattern.
We think that the pair will correct from the resistance.
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