The USD/JPY pair encountered downward pressure yesterday, dropping to the 148.807 level before reversing its direction upwards, hitting the uptrend line and consolidating above the resistance line at 149.315. This suggests that the market is likely to sustain an upward trajectory. Sustaining trade above this level is expected to serve as a driving force for the...
With the yen weaker than it was last week when it reached a one-year high of 150.78, USD/JPY dropped 0.1% to 149.50. The focus will be on the BOJ meeting's conclusion on Tuesday, when it is anticipated that the central bank would make additional announcements regarding its policy to manage the yield curve. High rates of inflation and the sharp fall in the value...
RSI shows upside momentum. Long positions with targets at 151.90 - 155.00. Resistance: 151.90, 155.00 Support: 140.80, 143.75
With the Japanese Yen stable below 150, BOJ is the main focus. Monday saw a small increase in the value of the Japanese yen, which last week dropped to a one-year low and is now trading below 150. With high inflation and a badly weakened economy, the spotlight is firmly on the outcome of the BOJ meeting on Tuesday, when the central bank is expected to likely...
The USD/JPY pair is exhibiting a bullish sentiment due to the US's economic resilience and the recent slump of the Yen. The pair is approaching a significant level of 150, which is being closely watched by the market for possible intervention by Japanese monetary authorities. The Federal Reserve and the Bank of Japan's policy decisions, along with upcoming...
Based my bullish bias for the US Dollar (DXY), I am expecting USDJPY to head higher as well. Last week price traded to a clear 4-hour Order Block before retracing and ending the week. Now there are 2 general areas where I expect price to move higher from and create new highs. 1. There are a few PD Arrays with my interest in this area, most of them overlapping....
FX:USDJPY Overall structure based on the Weekly, Daily, 4H, 1H timeframes is bullish, so we only look for buys. In the previous two days, price broke above 149.922 Daily resistance and made a pullback to around the 149.922 Daily support today, a great are to buy USDJPY
Over the past few weeks, we have observed a steady decline in the value of the yen against the dollar. This trend has raised serious concerns about the possibility of intervention by the Japanese government or central bank. As traders, it is essential that we consider the potential implications of such intervention and take appropriate action to safeguard our...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: EngB BUY Stop: 149.956 Stop Loss: 149.314 TP01: 150.598 TP02: 151.882 DWR present as a buy setup on 25 OCT, with Channel and Pivot are green bouncing off weekly pivot However, trade is not taken/considered SPX500: SELL DXY: UNSURE OIL: BUY GOLD: BUY
Very long term chart. Clear reverse H&S formation price target is 170. All important levels are on the chart. Nothing to say much. Fasten your seatbelts.
USDJPY touched 150.eleven early withinside the Asian consultation earlier than falling barely because the USD got here below strain from options-pushed selling. The pair is presently buying and selling round 149.93. Investors are carefully downplaying JPY because of the chance of presidency intervention. Finance Minister Shunichi Suzuki stated closing week it...
USDJPY New forecast The narrow range dominates the trading of the dollar pair against the yen, which is trying to crawl towards our first awaited target at 150.00. Therefore, there is no change in the expected bullish trend scenario in the immediate and short term, whose targets extend to 151.00 after crossing the previous level, with a reminder of the...
This is the weekly time frame on $USDJPY. FX:USDJPY seems not to have made any significant movement in the last two weeks from a swing perspective. Why is this? This is happening because the price needs to gather momentum to break the previous weekly timeframe's bearish order block. I shall step down to the daily and 4hr time frame to look for buy...
a beautiful setup through and through. Grade A long setup. 2/2 in favor of longs. OHV VAR in favor of longs. entry coming off of POC. a pullback to daily AVWAP coinciding with AS POC and rejection. entry at the open of subsequent candle. this being a secondary pair, warranted grade B risk, but this is those easy money repeatable setups that I look for on a...
USDJPY New forecast The USD/JPY pair is showing quiet positive trading, gradually approaching our first awaited target at 150.00, and the 50 moving average continues to support the price from below, waiting to cross the aforementioned level to achieve additional gains up to 151.00. Therefore, we will continue to favor the upward trend for the coming period,...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
FX:USDJPY Overall structure on USDJPY is bullish on the Weekly, Daily and 4H. Waiting for a break above 149.845 Daily resistance, then a retest to go bullish o USDJPY.
USDJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: SBB BUY Stop: 149.882 Stop Loss: 148.795 TP01: 150.969 TP02: 153.143 DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot Trade is not taken SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY