The 1-hout chart shows that prices broken above Wednesdays high before retracing back into a support cluster, which includes the 10-day EMA and daily pivot point. Momentum looks like it wants to turn higher from here, although traders should always be on guard for the 'false move' around the UK/European opens before the 'real move' gets underway. Given the bullish...
Hello Traders! This is my idea related to USDJPY M15. I want to see the BOSS from the price of 149.870 to be taken, after that, I will look for a long entry and the target will be above the higher boss. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
USD/JPY is showing signs of a bullish setup, with the formation of a symmetrical triangle pattern. There's a strong likelihood of a breakout soon. Traders are advised to keep a close eye on this pair as it may indicate a potential upward movement in the near future.
OANDA:USDJPY USDJPY (H4) Will fall to 148 or increase to 152 ? The USDJPY market on the H4 timeframe exhibits the following characteristics: The ongoing contraction phase suggests a period of hesitation and gradual consolidation before significant fluctuations occur. The peaks depict a pattern of lower-high prices, indicating a potential weakening of...
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...
Hello Traders! This is my idea related to USDJPY H1. I see a double reaction from the FVG H1 and I expect a continuation of a bearish market until the price of 149.500 where we have the OB level. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...
USDJPY appears poised for continued growth, supported by its pattern of forming higher highs and maintaining trendline support. With this momentum intact, market sentiment suggests an anticipation of further price appreciation. Traders may view this trend as an opportunity for potential upward movement in the USDJPY pair, aligning with bullish expectations.
Even if there are some bad news for Japan, i expect weakness on USDJPY. There's a bearish divergence on H1 and H4 timeframe and price has broke below main trendline. I am targeting first support zone at 149.000
The yen showed resilience, up 0.23% against the dollar at 150.26, although Japan's GDP figures showed a larger-than-expected recession and Germany overtook Japan as the world's leading economic power. third largest economy in the world. Commonwealth Bank of Australia currency strategist points out that the technical recession in Japan has minimal impact on the...
Looking for the 4h close to confirm rejection, but probably not volume until tomorrows CPI
Hey Traders, Check this analysis out on USDJPY. The pair had been trending toward the upside for quite some time. Now, it had broken the immediate resistance that could cause a bit of pressure that sellers could take advantage of, followed by an actual smooth pullback. Provided that the price remains below the support, I will look for a short trade. Keep a...
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line Break of Structure and Retracement Completed Impulse Waves " 12345 " and Corrective Waves " ABC "
USDJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
📌Examining the trend in the four-hour time frame, USD/JPY has formed a bullish head and shoulder pattern, which seems that the rate after the pullback to the neckline resistance range in the range of 148.59-148.83 can reach resistance. 🎯The upper level of the Andrews fork in the Fibo range of 261.8% will increase at 153.03.✔️
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...
Explore the latest market dynamics in our new video as we analyze the USD/JPY movement, surging over 0.90% to 148.05 following a robust US jobs report and elevated Treasury yields. The addition of 353K jobs in January has shifted Fed rate cut forecasts, reflecting a tightening labor market and bolstering confidence in the US economy. However, amidst this positive...
Pure technical analysis. USDJPY has penetrated the upper channel of the trendline, but will not shoot straight up. Instead, the price will retrace to the strong traditional support in the 145,000 zone, as the price has had a lot of interaction in this area formerly. The 145.000 area coincides with the Fibonacci zone between 0.384 and 0.5, as well as the leg E...