Hello everyone, nice to meet you all. Please share your personal opinions in the comments. I ask for your booster and subscription. Due to the recent attack by Iran on Israel over the weekend, the dollar has strengthened, and Israel has announced retaliatory measures against Iran, signaling "painful methods." This has further bolstered the dollar's strength....
The Japanese yen (JPY) fails to gain meaningful momentum during Tuesday's Asian session and languishes near the 34-year low reached against the U.S. currency the day before. Monday saw a report that the Bank of Japan (BoJ) will focus less on inflation and shift to a more discretionary approach in setting monetary policy. Meanwhile, BoJ Governor Kazuo Ueda said...
Plan A: Once Reaching Around 155.20, Observed the reversal pattern, such as 4H bearish harami, 4H bearish engulfing, Long shooting star to enter the short trade. At least 1-3 profit target that can be set separately as T1, T2 , T3. Plan B: What happen if no reversal pattern found : very simple continue to Long.
The Technical outlook for the USDJPY is very strong. The current price is trading above 2,3,4 Daily Highs; this means the price is very bullish. We took a long trade based on the Bullish wave structure count after a retracement into the buy zone of the bullish CHoCH. Watch out for the 154.60 (-0.618) Target 2 of the Fibonacci. If the price manages to trade above...
Since March 20th, when FX:USDJPY once again reached the 151.50 zone, marking a decades-high for this pair, the price has been fluctuating within an extremely tight range. However, upon closer observation of the price action, it becomes evident that USDJPY is pressing against this resistance level, with dips being consistently bought. Even during Friday's NFP...
Yesterday price traded and closed at 154.300 In today’s trading session. We’re looking forward to seeing the bullish trend continue or we may see a retracement before more bullish sentiment starts. Here’s the H1 market structure and levels where we monitor price for trading opportunities 1. The area of 154.442 which serves as a resistance 2. The area of...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Likely this would be a trending up pair, but do keep a look out for any intervention. Frankly BOJ could be looking to intervene, and by then you should see big movement on UJ. Trade this pair carefully! Do check out my recorded video (in trading ideas) for the week to...
Markete removed the retailers after liquidating them and then move on towards its direction...
market will go long will touch the above resistance level,as usd is strong as per the fundamentals and strength wise
1. Daily/Weekly/Yearly Uptrend 2. Healthy and strong bullish momentum candle 3. Important News Strong USD/Weak JPY Tomorrow as possible Catalyst 4. Price above 2 MA's 5. Price above 200 MA 6. Trend Indicator from Babypips Confirmation 7. Currency Strenght Meter confirmation 8. 2% Risk, 3:1 R:R 9. Close on reverse candle/breakout of structure/bad news impact 10....
The pair is making HH and HL after its break out. Entry can be taken at at 0.38 fib retracemnet with SL the previous HL
The USD/JPY currency pair continues to exhibit remarkable strength, rising to the level of 154.00. On the 4-hour chart, the price of this pair remains robustly above the simple moving averages (SMA), a clear indication of the continuation of the upward trend. However, it's important to remember that markets are always in flux, and corrections are inevitable. A...
Few understand this (mainly because it's nerdy as hell) But it's a big deal. And every investor should at least kind of get it to grasp what's really going on with their portfolio. In simple terms: Japan has kept interest rates artificially super low for over a decade. Even lower than the US and Europe. That forced Japanese investors to invest overseas to...
USD/JPY surpassed the 154.00 level during Monday's U.S. trading session. On the 4-hour chart, technical indicators are strongly supportive of further price increases. However, the Relative Strength Index (RSI) suggests that the market is overbought, which could lead to a short-term price correction before resuming its upward trend. While this may temporarily...
First place as the big liar goes to the BOJ. BOJ sent many messages regarding the exchange rate and possible intervention but nothing is happening. Their focus is only USDJPY. After so many years I can say that they deserve the place of the big liar. They are not consistent in what they do and what they promise to the public. This is literally madness for a...
Since the open last night USD/JPY has pushed stronlgy higher, so much so that the price has already reached the WR1 weekly pivot. Its a never ending mystery to me why everyone doesn't use weekly pivots as they are lines of interest on the charts known at the start of the week and when price reaches weekly support (WS1) or weekly resistance (WR1) there's a high...
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...
UJ looks like is about to XPLOAD on the BULLISH side. We have all indicators shows positive sign If we break and get NEW ALL TIME HIGH, i will hold 1 position to at list 156.73 I took a buy here let see Bear in mind we have important US news letter today, VOLATILITY EXPECTED See u on the other side hollaaaa lol