we are looking good for a nice drop. I will be looking for the market to test this resistance area. We may see a fake to the upside before dropping so be careful.
Pair Name : USD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal...
opportunity emerges with USD/JPY, as the buy zone beckons at the enticing level of 154.70. With a strategic eye on maximizing gains, the take-profit targets are delineated at 155.20, 155.80, and 156.50, each representing a carefully calculated ascent in the trajectory of potential profitability. However, prudent risk management is paramount, hence a stop loss is...
USD/JPY stabilizes around the 154.50 mark after recouping some of its daily losses on Friday. According to Reuters, a senior Iranian official stated there are no immediate plans for retaliation following Israeli airstrikes. This development coupled with hawkish comments from Federal Reserve officials on Thursday gave the US dollar a boost. The Reuters report...
USDJPY Soars to New Heights! The USDJPY pair has continued its impressive uptrend, breaking past the resistance level of 152.100 and reaching new highs above 154.900. This bullish momentum is supported by solid technical indicators that paint a promising future. A meticulous observation combined with the stellar Fibonacci retracement tool suggests that this...
The current selling zone for USD/JPY is identified at 154.42. In this zone, traders may consider executing sell orders to capitalize on potential downward movements in the currency pair. Setting take-profit levels at 153.50, 153.00, and 152.00 allows traders to secure profits at different price points as the pair declines. These take-profit levels serve as...
The Japanese Yen is currently receiving support from government intervention, but differing expectations from the Bank of Japan (BoJ) and the Federal Reserve (Fed), along with reduced tensions in the Middle East, have diminished JPY's role as a safe haven asset. From a technical standpoint, indicators continue to signal an upward trend. The Relative Strength...
FX:USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart. Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its...
USD/JPY is currently at multi-decade highs, closing at 155.00. Traders are exercising caution due to increased risks stemming from Japan's forex intervention. The recovery of the US dollar (USD) is bolstering the upward momentum of USD/JPY. From a technical standpoint, the pair is trading above the Simple Moving Averages (SMA), indicating a stable uptrend....
Due to yen bearish dominance and usd strong bullish momentum USDJPY has reached a record high where it is harder to pin point the bearish reversal. Though we can identify the next swing buying opportunity and that what we did, we have identified possible bullish rebound point. Good luck and trade safe.
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at154.79, which is a multi-swing high resistance. Our take profit will be at 153.88, an overlap support level. The stop loss will be placed at 155.08, which is above the 127.2% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a...
The USD/JPY pair attracts some sellers around 154.15 on Friday during the early Asian trading hours. The risk-off mood and rising tension between Israel and Iran boost the safe-haven flows, benefiting the Japanese Yen (JPY). However, the robust US economic data and any hawkish comments from the Federal Reserve (Fed) officials might cap the pair upside in the near...
Usdjpy has held 151.750 as a strong resistance level for quite some time, recently it broke through this level and has stayed above it. It's time to look for good buying opportunities.
Overall, USD/JPY continues to maintain an upward trend. Looking at the chart, we can see that the upward trend is supported by technical indicators. Currently, the price is trading above the SMA lines, and it is expected to rise sharply in the near future.
Price is set to fallback to H4 support at 152.628 price level. This is a follow up to JPY better than expected outcome in JPY inflation rate report released earlier. I anticipate some bearish price action In lower times. Target 152.628
Short position on USDJPY. Rejection off resistance level, possibly BoJ intervention around 15500, higher TF OBV bearish divergence
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hey, guys Usdjpy is still showing a very strong bullish stance. I expect a pullback around 153.32-153.09. Once I see this area to hold, then this could be a very good buying area. We can see up to 156.71 or higher If that happens, it might put us in a better position to enter the deal