USD/JPY has been bullish since January 2021 and is currently in an ascending triangle pattern, indicating a potential push through the 152.000 resistance level. Is this the moment to long? How do we trade this? 🤔 We need to wait for a confirmed breakout of 152.000. The probability of a breakout is high, but we need the confirmation of support at 152.000 to...
Hello traders here is this week analysis of USDJPY, as you can see the market broke the resistance zone last week and now it is gouing up but just to be safe I will wait for the market to retest the resistance zone then I will look for long opportunities on the market.
The Japanese yen has continued to fall this week, hitting new lows against the euro, pound and other currencies, as investors look for better returns outside Japan. The yen is currently the worst-performing G10 currency of the year, having fallen 6.4% against the dollar, in contrast to being the best-performing currency. Against the euro, the yen fell 0.6% this...
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...
My bias for USDJPY is bearish due to the fact that price has reacted off the last supply from the whole chart, and has now given a CHOCH and BOS's on the higher time frame. Price has also took all the liquidity that was left above leaving price to now melt downwards and target all the asian lows, trend lines, equal lows, and imbalances that was left previously....
Short remains the strategy and constant weekly program until low 140.00's trade. The downside potential for OANDA:USDJPY is enormous. OANDA:USDJPY short, medium and long term trades massive massive overbought. The target at 140.00's is bare minimum. For the week, OANDA:USDJPY targets low 150.00's. If there is a good signal, I will update everyone soo n
USD/JPY has refused to fall below the Weekly 9EMA since July 28th. However, we are inching closer to the previous high resistance of 152.000, so we should be cautious longing in the coming weeks. JPYX is also hovering around a support area in a descending wedge and has the potential to pullback to the upside, dragging USD/JPY down or at least, holding it...
USD/JPY showed a strong sign of bear pressure on Tuesday last week when the JPY ripped to the downside for a brief moment. At this stage of a bull run, this is likely a sign of weakness and a reversal to the downside lurks. My recent DXY analysis shows the potential for a fall below its 106.000 support, and the JPY analysis shows signs of a reversal to the upside....
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...
The chart shows the high probability of the completed zigzag with wave (a) expanded. Good luck!
Hi Traders! USDJPY has now broken the 144.000 barrier, and the momentum does not look like it is slowing down. Our long-term bullish outlook on this pair has worked just as we anticipated, and we look forward to heading towards our new calculated vector level at 145.902. Since the break above the triangle last month (shown on the chart), the bullish momentum has...
#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken and the short-term POSITIVE SENTIMENT against the dollar. It came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway,...
#USDJPY - As of the previous day, the market sentiment for USD was quite up SIDE. The main reason for this is that the JPY started to weaken slightly and the short-term positive sentiment to the dollar. That's because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But at present, the FED can increase the RATE HIKE or their...
#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever...
Hey Traders, USDJPY has have faked movement in last two months since we had BOJ news on interest rate, the pair had reversed from over previous setup on #USDJPY. However, most things has changed since then firstly we have undecided DXY movement we have not had a clear dictative move. Hence, as we have NFP next week we are eying for DXY to drop until Friday as...
As you can see, the price can decrease for collecting liquidity under 126.359. For this, we can expect the price rise to a supply zone that we can define it 131.5- 135. All in all, I am bearish for USDJPY but I think the price needs more fuel. 💡Wait for the update! 🗓️29/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Stats of Strategy: Sniper Factors to Fundamental => Base on Overall Score: Strong Trend Only FX:USDJPY History Max Loss Consecutive in a row Record History: = 4 Currently Loss Consecutive in a row: == 2|3 Opportunity, Probability: 70% | R:R:R = 1:2<=3 Entry #3 Trade: Buy | Actual Result: Win Economic Calendar 00:30 EUR ECB's Elderson Speaks 06:00 ...
There are two possibilities The first to make down move to TP1 area and then break the last top The second a bearish wave without breaking the top and make correction within TP1 and TP2 In both cases, we are making down move to TP1 I always advise those who have experience and were not able to sell from the top to wait for the retracement wave and can...