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...
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
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Hey Traders,
Check out this technical analysis on USDJPY; it appears to be undergoing a small range pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market...
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** 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.
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In the 4-hour timeframe, USD/JPY appears to be in a bullish trend, adhering to an ascending channel pattern and displaying an ABC correction. The current price action suggests a bullish pennant formation following a breakout above a resistance level. Traders may anticipate a short-term bullish movement towards the ascending channel's resistance trendline,...
The hedge fund industry's short weakness on the yen is creating a fantastic opportunity for us to long USDJPY! As the Bank of Japan prepares to raise rates, now is the perfect time to capitalize on this trend and potentially make some significant profits.
The recent weakness in hedge fund shorts on the yen has created a favorable environment for us to take...
USD/JPY drops slightly after intervention talk from Japan’s chief of FX, Masato Kanda. Recent weakness in the Yen should be attributed to speculation not fundamentals, Kanda said. The authorities may intervene to correct the situation, propping up the Yen.
Multi-Timeframe Technical Analysis for USD/JPY
1. Monthly Time Frame:
- Key Observation: Noticeable rejection of the USD/JPY price at a significant support level, indicating potential bullish sentiment or a reversal point.
- Additional Note: High liquidity observed at price highs, marked by two equal highs, which could signify resistance zones.
2. Weekly...
Happy weekends Everyone!
FX:USDJPY it had created higher and then dropped to fill the order blocks, now price is at very critical area, if DXY remain bullish next week we can see a nice and clean 600 bullish move. For JPY, it is already bearish and will likely to remain bearish next week as the current economic conditions are not stable. Currently, what we...
Hello Traders, here is the full analysis.
Price reversal going up, levels for BUY . USDJPY long
! Great BUY opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
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...
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
USD/JPY jumps to 148.80 on hopes that the BoJ will maintain its ultra-loose monetary policy stance on Tuesday. The BoJ lacks a significant wage-price spiral to back an exit to negative interest rates. Diminished Fed rate cut expectations keep the US Dollar strong near its three-week highs around 103.50.
USD/JPY is the forex ticker that shows the value of the US...
#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.
