Trade was very good - clean M.S and P.A, HOWEVER, price did not hit EMA on the HTF - great RT and 2.5RR
Here is my analysis for USDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price is making HHs and HLs and is currently at the crucial resistance zone where divergence is also created. Hopefully, it will change its character after being rejection from this resistance zone.
USDJPY BUYSin play. 1. Potential Bullish Trend. 2. USD is strong meanwhile JPY is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
the price has been rejected at the support area 3 times and made a strong engulfing candle, the price is clearly a Bullish market right now
In Japan, the Bank of Japan's Governor Kazuo Ueda highlighted that underlying inflation remains slightly below the 2% target during a Federal Reserve research symposium. This observation reaffirms the central bank's commitment to maintaining the current monetary policy approach. Despite core consumer inflation in Japan hitting 3.1% in July, companies passing on...
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...
Reasons to BUY - Price has shown rejection from the 15mins TF demand zone at 145.72 - London session has taken the Asian liquidity by tapping off the zone and rejecting sharply - DXY showing off strong bull power I expect Price to head towards the last swing high 147.36 with the aid of News during NY session Please keep SL below demand zone, and Risk Management...
i see the price has made a deep pullback on a falling wedge pattern, then the price created a double bottom pattern, and a strong rejection of the 50 Moving Average, this a strong buy bias.
the price first broke the resistance turned support area, then created a falling wedge pattern, now it looks like the price will continue its bullish run
Following my yesterday's idea, USDJPY is in a strong support zone. There are a lot of buy position near 146.250 and i think that a long position with small SL can be a good idea. The price need to absorb the 100 pips lost today
Expecting USDJPY to go into a short-term buy based on current chart indicators and DXY upward movement. I have based my chart off the last time USDJPY saw current price points in November 2022. If the pairing cannot top price 146.600 we could see some deep retracement from here. Buy Entry: 146.620 Targets: 146.800 | 146.940 | 147.100 | 147.250 Resistance:...
USD/JPY Daily USD/JPY breaks the range and uptrend continues to the next level 151.94. SUGGESTED TRADE: BUY USD/JPY ENTRY - around 147.130 SL - 144.400 TP - 151.600 Client Sentiment: Retail trader data shows 73% of traders are net-short. We typically take a contrarian view to crowd client sentiment, and the fact traders are net-long suggests USD/JPY prices...
Here is my analysis for USDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
UJ is presently still bullish, price has broken the trendline and presently getting rejected at the current resistance level. If price breaks above the resistance i will look for a buy entry. What is your bias?
The price reached a strong support level and touched the ascending trendline. With a long-term upward trend, I expect further upward movement. It is worth examining the processes on lower timeframes and looking for entry points. If you find it useful, like, follow, share! Good trading!
The USDJPY landscape is a complex interplay of monetary policy divergence between the US and Japan, actively influencing the Yen's weakening. Yet, optimism surrounding the peak of US interest rates introduces an intriguing caveat to the Greenback's ascent. Federal Reserve minutes unveiled this week emphasize a consensus among committee members about "significant...