Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. NFA.
USD/JPY has been consolidating in a narrow range of 145-147 for the past three weeks. The pair is demonstrating an accumulation and should breakout soon. The reversal zone is a big potential, at least for 100 pips.
The hurdle for raising rates this month is higher, implying the possibility for US Dollar falls.
Next stronger reversal zone possibility is at around...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Yesterday, UsdJpy opened with a gap of almost 100 pips.
After a low at 146, the pair started to rise, and looks like it wants to fill this gap.
Last week of trading UsdJpy consolidated and considering yesterday's open, a correction could be next.
In my opinion, rallies around 147.50 should be sold and, considering a stop loss above the recent high, a 1:3...
A huge gap in USD/JPY has appeared to start the week after comments from Bank of Japan Governor Kazuo Ueda about a possible end to its negative interest rate policy (NIRP). In a Saturday Yomiuri newspaper interview, Governor Ueda mentioned that by the end of the year, the BOJ could accumulate enough data to assess whether the conditions are present to raise...
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...
Dear Traders,
After recent data related to NFP came out to be in support of USD price have reacted positively, though overall data still indicating strong upcoming downtrend on USDJPY.
Wait for price to come to our region at the rejection please enter accordingly.
If you like our work then please comment and like the idea.
Thanks as always for showing support!!!
JPY continues to be sold. USDJPY is nearing the previous intervention area of 148-151. The BOJ needs to do something. They are starting to feel the squeeze.
Today, the bomb started to tick. The BOJ has suggested they will do all possible to strengthen the Yen. They have two significant weapons: intervention and interest rates.
Intervention - This will bring an...
This summer, quiet markets favored the carry trade. Popular funding currencies here are still the JPY and the CNY.
The carry trade involves borrowing low-interest currency and investing in high-interest currency to profit from interest rate differential and exchange rate movements. Traders often use JPY and CNY as funding currencies due to their low-interest...
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. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional mid figure 145.500.
Like, comment and subscribe to be in...
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.
The dxy price started getting rejection from 103.500, as it reached the htf supply zone
This supply zone is from 103.500 to 105.000
The currency fair as forex pair /usd will be benifiting with some sort of bounce as the dollar is cooling down
Where as currency pair like usd/forex pair for example usd/Jpy can get healthy correction keep them on your watchlist...
USDJPY H1 (SMC)
1-Entering a trade on the dollar and the yen. We note that the price was in a strong upward trend. Break through the top. He quickly returned under it, and this was the first sign of a change in direction
2-Then it broke the low that formed the last high
3-Retesting forms resistance. And give areas for holding sales deals
Have good Luck
Let me know what you think In the comments!
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**
Thanks a lot for your support
USDJPY had a magnificent rally that lasted over 6-weeks.
Unfortunately, nothing last forever and trends have a short-term span.
I first noticed the pair going into a possible consolidation once it hit YTD highs and rejected it on 08/29/2023.
Price was already showing struggle to break higher from the beginning of this month and been in a 3-week consolidation.
I...
Hello everyone, in this analysis, we will take a look at the bearish scenario
for USD/JPY. As you can see from the chart, USD/JPY is currently at the
upper trend line of the rising channel, which increases the probability
of a reversal.
📌Yesterday, a bearish daily candlestick had formed at the upper TL. So, if price
doesn't rise above 147, we can expect a...
