**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/JPY holds strength above 149.00 ahead of BoJ-Fed policy decisions USD/JPY clings to gains above 149.00 as the BoJ seems to be delaying plans of exiting an ultra-dovish policy stance. Earlier, large hikes awarded by Japanese firms and stable inflation above 2% boosted BoJ’s rate hike hopes. The US Dollar trades sideways as the focus shifts to Fed...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Completed " 123 " Impulsive Waves RSI - Divergence Break of Structure Fibonacci Level - 261.8% Bullish Channel as an Corrective Pattern in Short Time Frame
The Japanese yen changed into mildly risky on Monday after a risky week amid hypothesis approximately an cease to the BOJ`s yield curve manage and terrible hobby quotes policies. The BOJ started a two-day assembly on Monday, with a choice to be introduced on Tuesday. The USD/JPY change fee has fallen to 146 in line with dollar, specifically after reviews that...
#USDJPY The price came out of that 4h trend, but we don't have a LL on 1D, which made the price pump from the support of 145, at this moment the week closed with a resistance rejection . on 4h, respectively of the former trend line, on Tuesday morning we have the BOJ R-interest.
USDJPY Looks good to add more to my shorts. I am waiting the price to reach the resistance area at 148.400, where i expect it to start drop again. I think we will see new lows this week or at the beginning of the next week.
Expecting JPY to reverse and stay bullish; as the price of the UJ have been overbought, in this strong bullish impulse if price drops it would drop heavily most of the time. Let's wait and see how price react at our designated selling zone.
In the 4-hour timeframe, USD/JPY is displaying a bearish bias, evident by a breakout from consolidations on the downside. Traders might seek to enter selling positions after a correction, typically ranging from 61% to 78%, has been completed, anticipating further downward movement. Monitoring for confirmation of the correction's end could help in timing entry...
I am trying a quick long on USDJPY. Momentum looks good and strong, and considering the recent drop on GOLD, i expect a continuation on USDJPY. Target resistance area at 148.4
Most Asian currencies were range-bound on Monday, while the dollar fell near a two-month low as markets awaited key US inflation data for further reading. signals about when the Federal Reserve will cut interest rates. Regional currencies are surging from last week after dovish signals from Fed Chairman Jerome Powell and labor data reinforced expectations that...
Hello Traders! This is my idea related to USDJPY H2. I expect another retracement in the OB level and after that I will execute a long trade in case of confirmation. I see the price to go up until the level of 149.500. Wait for confirmation! Apply Risk Management! Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this...
The Japanese yen hovered close to a four-month low, whilst statistics confirmed inflation in Tokyo recovered as predicted in February. Stable inflation offers the Bank of Japan extra motivation to elevate hobby costs from extraordinarily low levels. The greenback index and greenback index futures had been consistent at some point of the session buying and selling...
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...
hello guys i hope you are having a good week , today i am looking at USDJPY this weekly candle on usdjpy closes as a hammer looking like candle indicating buy. for the daily tf the price started consolidating for a while now (accumulation) , since friday candle closed as inverted hammer am guessing monday we are going to see a red candle possible the candlle...
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line RSI - Divergence Break of Structure Completed " 123 " Impulsive Waves
USDJPY is on its third leg up in this bull channel that started at 141.000. We're near the top of Resistance Zone, is a long justified? How do we trade this? 🤔 We need confirmation of a breakout to justify a long. After the initial bull run to 152.000, USDJPY pulled back with three legs to 140.200 and followed with a run to our current position of just over...
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Bullish Channel as an Correction Pattern in Short Time Frame with the Breakout of the Lower Trend Line Break of Structure Consolidation Phase Completed " 1234 " Impulsive Waves RSI - Divergence