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...
UDS/JPY has a double top reversal signal on the Daily candles and a triple top on the 4HR candles with a massive gap to fill. This reversal signal happened at a key level, 152.00 which is the previous high from October 2022. As shown in my previous prediction, a short position is reasonable at this level. The double/triple top is the confirmation of that short,...
I did not hold the trade until TP but took a significant profit. I moved SL into profit but didn't wait for signs of reversal to get out. Price went to TP after volume kicked in. I need to remove emotions...set it and forget it! Next trade we will risk a percentage of profits and let the trade ride.
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...
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...
FX:USDJPY continues to move on the upward trajectory, trading around yearly highs at 151.70 during the European session on Monday. The USD/JPY pair eyes a potential ascent toward the major resistance at the psychological level of 152.00. This could materialize if the strength of the US Dollar (USD) gathers momentum, propelled by higher US Treasury bond yields and...
Well, you can see all the important supply and demand zones on the chart. If you have questions, feel free to ask. 💡Wait for the update! 🗓08/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
USDJPY, the double bottom pattern, might indicate a reversal of the previous downward trend. Traders often use the distance between the lowest low of the pattern and the resistance line to estimate a potential price target. Based on this pattern, and major direction of trend, a projected target of 151 might be feasible. However, it's essential to apply technical...
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...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: EngB BUY Stop: 149.956 Stop Loss: 149.314 TP01: 150.598 TP02: 151.882 DWR present as a buy setup on 25 OCT, with Channel and Pivot are green bouncing off weekly pivot However, trade is not taken/considered SPX500: SELL DXY: UNSURE OIL: BUY GOLD: BUY
USDJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: SBB BUY Stop: 149.882 Stop Loss: 148.795 TP01: 150.969 TP02: 153.143 DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot Trade is not taken SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: IB BUY Stop: 149.859 Stop Loss: 149.445 TP01: 150.273 TP02: 151.101 DWR present as a buy setup on 16 OCT, with Channel and Pivot are green bouncing off EMA10 However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable SPX500: SELL DXY:...
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.
USD/JPY has been ranging between 148.300 and 149.300 since last week and has failed to break down to the 30EMA on the Daily chart. DXY has failed to break below its Daily 30EMA as well. The USD/JPY price action is currently in the top 1/3rd of the range with the RSI just mid-level leaving room for a move up and out of the range. There is a gap to fill up to the...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: EngB BUY Stop: 148.444 Stop Loss: 147.488 TP01: 149.400 TP02: 151.312 DWR present as a buy setup on 25SEP, with Channel and Pivot are green bouncing of EMA10 However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable SPX500: BUY DXY: SELL OIL:...
The previous USDJPY thread became too long to remain practical hence, this new thread for the USDJPY. Previous thread summary ----------------------------------- Calendar days: 96 Net profit: (USDJPY only) +1073 pips (including the currency hedge adjustments in support of Nikkei long positions - +1132% Net) Max risk; 0.71% of capital; Max draw-down: -0.43% Number...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: SBB BUY Stop: 148.488 Stop Loss: 147.312 TP01: 149.664 TP02: 152.016 DWR present as a sell setup on 22SEP, with Channel and Pivot are green bouncing of EMA10 However, trade is not taken/considered as it differs from our Market Analysis Bias. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY ...
USDJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: SBB SELL Stop: 148.371 Stop Loss: 147.464 TP01: 149.278 TP02: 151.092 DWR present as a buy setup on 21SEP, with Channel and Pivot are red bouncing of EMA10 Trade is taken as it is within our Market Analysis Bias. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY