USDJPY has been in the process of completing the daily structure. Ideally wait form the daily close today, with a close below 151.09 to enter short trades. Fundamental: The US go to war in Syria Will we see a drop before the market closes?
From a technical point of view, the trend is bullish on intraday chart, but at the same time it should be logical to appear some corrective structure. the pair is currently approaching a very important resistance area. Trade with care Like | Share | Comment
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...
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Nothing changed here, as I said in my previous analysis I have a long position, expect price to take buy side liquidity and to create new higher high. I will secure my trade and move SL to BE. Like, comment and subscribe to be in touch with my content
Following three consecutive sessions of sharp decline, buying strength has resurfaced as the price nears the lower boundary of the ascending price channel. While the overall bullish pattern remains intact on the H4 and daily timeframes, it's worth noting the emergence of a bearish signal. A notably robust bearish pin bar has taken shape on the weekly chart,...
USDJPY now doing retracement to continue the fall. This also measured by fibo which this pair already come to level 423 for the bull and will doing the fall afterthis
USDJPY New forecast The dollar pair against the yen dropped yesterday and tried to breach the support 150.00 level ,so that the bearish corrective trend scenario remains valid, which mainly targets the 149.14 and 148.89 areas. therefore the downward scenario will be remain valid and effective during coming period and moving average 50 support the continuation...
USD/JPY has finally touched the previous high of 152.000 with a strong bull candle that we'll call a Bull Capitulation. Immediately after that price target was hit, we saw a series of bear bars falling to the 30EMA. We have now been above the 30EMA for 69 days and after touching a key price range, have a high probability of falling below down to the bottom of the...
Weekly chart says it all.. the 2022 pattern is now repeating again for the USDJPY pair: 1- Top rejection 2- Bear Doji close 3- Waiting now for confirmaton: bear candle with body closing below previous and lower high The volume seems to be lower this time so watch out for one last try to test the weekyl Top. Most likely will be rejected so thats a good point for...
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. After news on JPY price has a strong impulse, I wait for a retracement to fill the imbalance lower and then to reject from bullish order block Fundamental analysis: This week we have a...
Was waiting for the next opportunity after getting stopped out from the last trade. There might be the end of the uptrend for UJ for now. I've placed my trade on last Monday, and there's so many big news on USD these few days. As there weren't any hiking in rates, it's time to fill up the imbalances below. Let's share idea's based on UJ, do drop down a comment on...
UsdJpy , the Yen is testing the highs for liquidity preceding a decrease. It is early in the week and probabilities are not there for the kind of upside volume that we want to observe . 150.5 Bullish Weekly target 152 2nd Bullish Weekly Target 148.71 Bearish Weekly target 148.23 Bearish weekly target #2
We expect further downside on this pair, signalled by the breakout of the ascending channel pattern. We can also see the formation of a low high and a breakout of a key level which further supports our directional basis.
Japanese Prime Minister Kishida said: The economic stimulus package totals about 17 trillion yen, including tax cuts Supplementary budget to finance the economic stimulus package worth 13.1 trillion yen Will try to pass additional budget one day soon So in the near future will JPY continue to increase?
The Bank of Japan adjusted monetary policy, the Yen suddenly plummeted According to results from the Bank of Japan's two-day meeting, the bank's Policy Committee allowed 10-year bond yields to exceed 1%, considering this level as an upper threshold instead of a ceiling. hard and remove the commitment to protect this ceiling by buying bonds with unlimited...
With the EUR/JPY exchange rate at 160.80, the 2008 peak, and the USD/JPY exchange rate at 150.75, the yen is continuing its downward spiral to a new low throughout the day. This occurred when Tokyo dispelled any rumors that it was still protecting the price by confirming that it did not interfere in the currency markets in October. The BOJ doesn't seem to be...
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