What do we expect the market do next ahead of BoJ interest rate decision coming up on 26th April (Friday ) we’ve marked out the levels to watch out price action in coming days 1. The area of 154.788 (high ) 2. The area of 151.860 (broken resistance ) We may likely anticipate a fall if price react pretty nice in 154.788 level.
USDJPY analysis The market structure its an uptrend and now looking at the H4 time frame it's on a higher high level at 154.568 , which is also the market close. The bulls are loosing momentum and now it seems like the bears are gaining some strength over USD. Price is already creating a lot of rejections after buying for a very long time ⌛️. And the market...
How can you know when to exit?? You see the problem is that its difficult to buy a stock that is bullish because you have no idea when it will crash or when to exit Holding the bag is not worth it You have to let go of your losses on this journey BY focussing on learning especially in the beginning when you are trying to find a system to use Develop a good...
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.
Overnight developments have been driving the yen higher, although domestic developments may have contributed to JPY lagging the Swiss franc in this risk-off environment. Japan’s national inflation figures came in below expectations this morning, with headline CPI slowing from 2.8% to 2.7%, and core CPI from 2.8% to 2.6%. Core inflation excluding fresh food and...
USD/JPY is currently maintaining stability around 154.50 amidst unpredictable market fluctuations. According to Reuters, the currency pair reversed losses after a high-ranking official from Iran stated that there is no immediate plan for retaliation against Israel's missile attack on Iran. This has reduced the likelihood of escalating tensions in the Middle...
Hello,Friends! USD/JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 152.670 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
DAILY Break upwards and price has been fighting to go up, yet we were stopped out. Doesn't break the plan, it is part of business expenses. 4H 154.00 was our bouncing point, it is where we get support and push upwards. 1H 154.60, we are slowing down and looking left shows us that we are in an area of sensitivity.
The Japanese yen showed some promise earlier, gaining as much as 0.48% against the US dollar as it rose to 153.59. However, it has pared those gains and is trading in Europe at 154.58, down 0.04%. Japan’s nationwide CPI, which excludes fresh food, rose 2.6% y/y in March, down from 2.8% in February but higher than the market estimate of 2.7%. Core CPI has now...
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.
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 is trading in the range between the trend lines. In the last attempt to test the dynamic resistance, the chart reacted with a sharp decline. We expect a decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY → An opportunity to get along hello guys... as you can see, usdjpy made a supply and demand zone and started forming a three-drive pattern! two of them formed so far! no on this internal trendline is a great opportunity to get a long position until this third drive that would be the next target! ___________________________ ✓✓✓ always do your...
USDJPY sell Although the former is still below its trigger line it is running above zero and shows signs of bottoming while the latter has already bottomed after finding support at its equilibrium level
USD/JPY has stabilized around the 154.50 mark, recovering some of its losses from Friday. A report from Reuters revealed that an Iranian official stated there are currently no plans for immediate retaliation against Israeli airstrikes, easing geopolitical tensions. The US dollar gained momentum following hawkish remarks from Federal Reserve officials on Thursday,...
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
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...
Consider initiating a short position now at the current price of 154.50 for USD/JPY. Selling at this level anticipates a decline in the exchange rate of the US dollar against the Japanese yen. Set your stop loss (SL) at 156.00 to limit potential losses in case the market moves against your position. This trade offers three potential take profit (TP) levels: TP1 at...