I write to you today with concern and urgency as the gold market takes an unprecedented turn. In recent weeks, gold has reached record highs against the Japanese Yen (JPY), potentially defying the US Dollar (USD) dominance. This unexpected development calls for immediate attention and careful consideration, as it could have significant implications for traders...
Observing the USD/JPY pair, we can notice that the price had been in an uptrend and had gathered liquidity. After the liquidity pool was filled, the price broke through the last order block, following which the most recent high was breached. In my view, this signifies the beginning of a downtrend. I anticipate the price to reach 144.550 .
USD/JPY has continued to defy gravity despite the growing threat of verbal (or actual) yen intervention by the MOF/BOJ. Yet the higher and faster it rises, so does the threat of intervention. You can see what impact it had on USD/JPY from the large bearish candle that formed on 23 October 2022, where the initial break above 150 was then met with a swift move lower...
Hi all after a long rally im look for a correction to wave A I see a short-term chance to long the yen if it breaks out on the daily chart. 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
I like to keep my ideas simple and clean. I see UJ hitting some resistance so I placed a fib to where it could possibly retrace. I'm looking to take a short position with TP 1 being the 38% level and TP being the 50% level. My stop loss will be above the high of the wick.
In the intricate realm of forex trading, precision guides every move. Every level, and every fluctuation holds profound significance. Let's delve into the technical intricacies shaping the journey of the USD/JPY pair within the 30-minute timeframe. Steadying the Path: Dual Support Levels In the heart of these crucial moments, USD/JPY establishes its path with...
USD its strong with a DXY in uptrend with new H-Highs ,and the 147.2 are its the half of the last cycle liquidity so, lets see what the price will do.
usdjpyafter impulse and corection its near to selling zone wait for the confirmation on given area and go for it
The USDJPY landscape is a complex interplay of monetary policy divergence between the US and Japan, actively influencing the Yen's weakening. Yet, optimism surrounding the peak of US interest rates introduces an intriguing caveat to the Greenback's ascent. Federal Reserve minutes unveiled this week emphasize a consensus among committee members about "significant...
first it made rising wedge pattern now it is making triple top trendline it all depends on fed and boj if it breakout to upside then buy retest target 150 or sell third retest of trend near big daily resistance near 145
Here we can see USDJPY is making continuous HHs and now at the stage of high resistance zone + we can see bearish divergence. Hopefully, we will reject these resistance levels and start to be bearish.
"Deciphering USDJPY's Bearish Move: Insights from Smart Money on H4 📉🐻 Unlocking the intentions of the smart money players, a meticulous analysis of USDJPY's H4 timeframe reveals a compelling story of bearish momentum gaining strength. 📊 **Smart Money Blueprint**: The high time frame (H4) serves as our canvas to interpret the movements of institutional players....
USD-JPY broke the key Horizontal level then went Up to retest the new Resistance of 145.006 from Where I think we will see A local bearish pullback !
Price reached the fib levels between 61.8 and 78.6 reaching the OB that created change of character after the FVG. Great area to short.
Seems like bearish market can control USDJPY again. There is no intervention by BOJ yet, but, selling yen in this levels is so dangerous. Trade safe. Good luck.
Risk 0.5% TP1 = 1:1.5 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
looking bearish trend in daily timeframe bec follow ascending channel pattern
Traders: We monitor price in usdjpy for a possible sell set up. - best possible sell point :146.80 - stop loss : 146.98 Target 146 As always we need confirm. Use stop loss to keep your capital safe. Good luck