The uptrend is losing momentum due to the potential weakening of the dollar. We have a strong resistance line at 151.908 (52-Week High).
Hello Traders In This Chart USDJPY DAILY Forex Forecast By FOREX PLANET today USDJPY analysis 👆 🟢This Chart includes_ (USDJPY market update) 🟢What is The Next Opportunity on USDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
USDJPY is retesting the broken horizontal support level on the 4-hour timeframe, or the lower trend line. We expect the pair to re-test the key support levels listed on the chart, We are taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the...
As I explained in my previous post, UsdJpy could accelerate its decline and test 3 October's low. After this anticipated drop, the pair started to correct to the upside and now it's approaching an important sell zone. I'm looking to fade rallies around 149.50 for a new leg down. A close above 150 zone would negate this scenario
FX:USDJPY extended the losing streak that began on Thursday and marked an eight-week low, trading around 147.40 during the European session on Tuesday. The 147.00 psychological level emerges as the immediate support following the 38.2% Fibonacci retracement at 146.32. The US Dollar (USD) has plunged to a nearly three-month low, influenced by dovish expectations...
USDJPY New forecast The price of the dollar pair against the yen fell to exceed the level of 149.41, and now it is trying to stabilize below it, the support level of 148.35, and stability below this level will confirm the continuation of the dominance of the downward trend in the immediate term, and the way is open to heading towards our next target at 147.87...
USDJPY ANALYSIS .... The following scenario is the most likely scenario for the dollar-yen currency pair
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL 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 if you have your own opinion about it, write in the...
OANDA:USDJPY pair remains under heavy selling pressure for the fourth successive day on Tuesday – also marking the fifth day of a negative move in the previous six – and dives to over a two-month low heading into the European session. With the latest leg down, spot prices have retreated over 450 pips from the 152.00 neighbourhood, or the YTD peak touched earlier...
USDJPY has been in decline again the Yen since last weeks CPI release. The thing I find most interesting though is the rate of the fall. The left hand chart shows the expected daily range (ExMo) for the pair, with price moving further than expectation in the last 4 sessions. Yesterday we dropped double ExMo by 9:30am! With price sitting on the low for the rest of...
Finally, there are signs of shift in market structure from bullish to bearish. On the 4 hour chart, we have an internal break of structure and a change of character. This informs our bearish set up. On the retracement, we shall seek sell limit order(s) at either unmitigated or fresh supply.
PIMCO, one of the world's leading investment management firms, has taken a significant position in buying yen, indicating their preparedness for an imminent tightening of the Bank of Japan's (BOJ) monetary policy. The BOJ has long been known for its accommodative stance, but recent economic indicators and signals from policymakers suggest a potential shift...
Big profits on USDJPY, we are 250+ pips in profit in some day on a single positions. If we can break 149.250 level, UJ will officially enter in a new daily downtrend after weeks of uptrend. New target show us 200+ pips again of profit. Stay tuned
📉 USDJPY: Navigating Bearish Waters with Elliott Wave Mastery! 🌊📉💡 Embark on an insightful journey through the USDJPY market as we navigate the bearish waves with precision using Elliott Wave Analysis. Uncover the intricacies of the descending waves, pinpoint key support levels, and immerse yourself in advanced strategies tailored for traders seeking short-term...
Bank of Japan Governor Ueda said: It cannot be said that the weak yen will have a negative impact on the Japanese economy. A weaker yen promotes domestic inflation due to higher import costs. Weak yen has a positive impact on exports and profits of Japanese companies globally We do not comment on exchange rate fluctuations As we get closer to our inflation...
FX:USDJPY retraces some of Wednesday’s 0.60% gains on Thursday due to overall US Dollar (USD) weakness amid a risk-off impulse. Worse than expected, fundamental data from Japan’s triggered flows toward safe-haven assets, boosting appetite toward the Japanese Yen (JPY). At the time of writing, the major trades at 150.61, virtually unchanged in the early Asian...
Possible short setup with a completion of a bearish gartley at previous daily structure. Could be a good entry point for a possible reversal.
Short remains the strategy and constant weekly program until low 140.00's trade. The downside potential for OANDA:USDJPY is enormous. OANDA:USDJPY short, medium and long term trades massive massive overbought. The target at 140.00's is bare minimum. For the week, OANDA:USDJPY targets low 150.00's. If there is a good signal, I will update everyone soo n