Even if sellers break the immediate support level at 143.20, a two-week uptrend around 142.40 acts as an additional downside filter. Notably, the upward sloping trendline from early May and the 200-SMA, near 140.80 and 139.40 respectively, serve as additional support levels for the bearish USD/JPY before taking control. On the other hand, an eight-week-old...
After a few indecision candles at the high, followed buy a volume push up to a major resistance, I became alert that a bearish setup might present. Friday closed off with a variation of a bearish engulfing. When price closes beyond a price then closes right back beneath it its a sign that this price is being rejected. Naked analysis tells us that the 1hour chat...
The chart ought to be self explanatory. (Should have cleared already that +400 pips to which the previous post - attached - eluded. :-)
USDJPY on Daily TF looking forward to taking orders from POI Area while covering the Fair value gap we can see sell trades in the POI area with a complete risk-reward ratio Just my thoughts:)
🔘Broke the structure on the 4H timeframe 🔘Broke the structure on the 1H timeframe (confirmation) If we break the red level on the 1H timeframe, we we'll go a little higher before drop, but if we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
I think the price can go up to the limit of block orders and then drop
USDJPY has been in an uptrend for a while after breaking my weekly keyzone. Price is presently at a resistance level. I expect price to break the resistance and continue the uptrend, or price will get rejected and possibly reverse back to the keyzone below as marked in the chart. What's your bias on this pair? kindly like and share your thoughts below
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
OANDA:USDJPY The price has reached the top of the channel and I expect the price to drop to the bottom of the channel. what's your opinion?
Market is in bull run there is chance for liquidty swap, which I can see right now. Market has astong resistance around this level we might get a swing or 0.03%-0.07% change
Hello everyone! I want share my idea about USDJPY. On that chart we have pretty bullish trend which came close to 1W key LVL which at 142.250. we need to be careful because both of them indexes are in bearish trend but what we are looking now USD is stronger than JPY. I am waiting for touch that LVL I have also short order on that LVL for catch little price...
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.
Dear traders, similar to other JPY pairs, USDJPY has also rallied heavily in the past few days. However, in the hourly chart, we are seeing that UJ is turning bearish with 141.90 level as the resistance. I have already sold at 141.82 and currently holding my sell with a TP at 140.70. SL has been placed above the resistance zone highlighted in my chart .
USDJPY has reached previous key levels, we could see a very nice and easy short here to the 132 zone. For those looking longer term, the 120 zone is a nice target area!!!
Hi It seems that there is a possibility of a break in the half-hour time frames. I placed a bet inside the chart if the half-hour candle closes below the blue dashed line, there is a possibility of achieving goals 1 to 3. To avoid losses, be sure to pay attention to the trigger of entering the trade. If you like my analysis, please support me with like,...
In this video, we delve into a comprehensive technical analysis of USDJPY. We examine the impact of recent fundamental factors, including a surge in US unemployment claims, which led to a sell-off in the US Dollar. The upcoming week is set to witness crucial economic events that will strongly influence the price movements of this currency pair. With indications...
Expecting USDJPY to drop due to this evening's BOJ news release and press conference. Based on the nature of the news and market indicators, there is a strong chance that the developments favor the Yen over USD. If price goes over 141.500 there is a chance for a buy. Sell Entry: 140.000 Targets: 139.680 | 139.360 | 139.000 | 138.700 | 138.245 | 137.815 |...