JPY 1D Outlook for next week Currently JPY running with Descending channel and still on path correctly. Already broke the 4H Support level 754.4 and continues bear market. Analyze recommend to open buy order with All JPY pairs according to strong side. ( USDJPY Didn't recommend till CPI ) Key levels D1 Pressure level located | 767.3 | 774.6 Support level...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bias to watch for setups to go on long like what i did last week. Take note! :) Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and...
Hey Traders, In the coming week, we are keeping a close eye on USDJPY for a potential buying opportunity around the 148.800 zone. USDJPY has been following an uptrend and is currently experiencing a correction phase, bringing it closer to the support and resistance area at 148.800. Adding a fundamental layer to our analysis, it's important to note the recent...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #CADJPY. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
In today's trading session, we're eyeing a buying opportunity on USDJPY around the 148.900 zone. USDJPY recently broke through a significant resistance area and is currently in a correction phase, approaching the retrace area. Technical Analysis: USDJPY's recent breakout above key resistance levels signals potential bullish momentum. The pair is now in a...
Hey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 97.300 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 97.30 support and resistance area. Trade safe, Joe.
FX:GBPJPY I have determined the harmonic pattern target on the chart; I wish you success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Expecting price to mitigate the 50% of the previous Bullish Impulse. Now, we had our first Bearish signal, and a Sell Limit is sitting at the OTE Level of the latest impulse. We also have the confluence with a 30m OB+.
GJ might have took out the 30M entry and also on 1D charts looking sketchy but on the W chart the RSI is posting divergence when u look at the 23 Jan 24 equal highs to today im looking for a reversal of the 1D candle within 2-3 lengths to validate the W short.
The GBP/JPY pair on the M30 timeframe displays a bullish signal through a recent upward breakout from a symmetrical triangle pattern, suggesting a potential buying opportunity. Key Points: Triangle Breakout: The price has been consolidating within a triangle formation characterized by converging support and resistance lines. This often indicates indecision...
The USD/JPY pair on the M30 timeframe displays a bearish signal due to a well-defined downward channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel characterized by two falling lines, one for resistance and one for support. This pattern...
The GBP/JPY pair on the M30 timeframe exhibits a bearish channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel, characterized by two falling lines, one for resistance and one for support. This indicates ongoing selling pressure and...
The NZD/JPY pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing upward momentum and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging...
🇺🇸🇯🇵 📊Analysis of the Japanese yen In the medium term, the market is on an upward path and can reach the range of 149.500 and complete 5 ascending waves. Currently and in the short term, the market is in a downward correction as wave 4 and it can return to the upward trend by maintaining the range of 147.700 and 147.500 as support again.
Waiting on a Mitigation on a 30m OB. We also have liquidity resting, that could lead price to rapidly move towards our Sell Limit
In today's trading session, the focus is on the USDJPY pair, with traders eyeing a potential buying opportunity around the 148.100 zone. The currency pair is currently in an uptrend but undergoing a correction phase, with the price nearing the key support and resistance area at 148.100. This analysis is supported by recent statements from Chair Powell, who notably...
The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing downward pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: The price has been trading within a downward-sloping channel defined by two...
The Japanese yen may have weakened following the BOJ’s latest ‘non decision’ regarding monetary policy, but markets clearly weren’t surprised enough for it to extend its bearish moves today. Not a single xxx/JPY pair managed to break above its cycle highs, and momentum is now turning lower on these pairs to show a strengthening of the yen. But what has caught...