USDJPY is getting too hot, so a nice rebound would be also a great opportunity for a retest, I am planning to take this trade if the market catch my entry.
USDJPY USD is more stronger than the JPY No seen the bearish divergence The trend continue it self BUY LIMIT 0.382 = 148.390 SL = 147.383 TP = 149.271
Im getting some possible signals for sell here and this is one of the possibilities I am looking at outside of the corrective channel it seems to be making a possible head and shoulders (as always never trade and HNS before confirmation) but I will be watching that 147 area quite closely if it keeps shaping up.
Usdjpy that continues to see a lot of upward pressure due to the interest rate differential between the United States and Japan. I think that continues to be the story here. And therefore, you need to look at it through the prism of a market that is going to take advantage of that. I think you continue to get paid to hang onto this pair. And I think most big...
Current Market Description: On the monthly timeframe, price is still underneath the bearish Trendline which was created in November 2007 when price climaxed at 2.1000. Since then price has been slowly trickling down; Price touched the Trendline in June 2021 at roughly, 1.42500, then got quickly rejected to a new all time low of just over 1.0000. 18 months later,...
Let's discuss and come up with a strategy for the new day! USDJPY is retracing after receiving support from bullish sentiment around 146.50-146.30. Currently, the uncertainty surrounding BoJ's policy moves and the US dollar's renewal demand are positive signals for this currency pair. However, the market is preparing for a series of important US economic data,...
The US dollar and the Japanese yen If the data appears in favor of the dollar, then buying is the best option and vice versa Good luck
UJ has been on a steady downtrend we haven't reached any significant zone but it has given us triple bottom whom one might call a triangle. So it could go both ways even though i still would like it to go down some more but we all know we react to the market and not our feelings and thoughts.
This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
we expecting correction for USD just we need clear confirmation we have swing low than we will go long before we short again at the resistance level as shown on the chart
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Potential bounce at 146 zone, do check that area out. If bounce it coming, could be better to watch jpy crosses like gbpjpy or audjpy as well for longs. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt...
Hello,Friends! Bearish trend on USD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 148.121. ✅LIKE AND COMMENT MY IDEAS✅
I took sell as seen on chart, i believe UJ has done correction an looking to continue its long term bearish move Thanks for checking and will update along the way
Following a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Sell decision.
#USDJPY.. well guys in our perveious idea regarding usdjpy we predicted a upside area that is still valid and we told you that if market break this then it will go upside, but market didnot break his upside area and still consolidate in between your supporting and resistance area, keep close it guys because 148.15 and 147.25 both areas are the key levels for...
Greetings, esteemed forex enthusiasts! Today, the USD/JPY is exhibiting a robust rebound, currently stationed at the 148.45 mark. It has ascended to a more than one-week high during the closing session of the week. A haze of uncertainty over the Bank of Japan's policy stance, coupled with expectations that the Fed might sustain its higher interest rate policy for...
Hello traders, we want to check the USDJPY chart. After breaking the uptrend line, the price is moving in a descending channel and has pulled back to the key level indicated. We expect this level to play the role of a resistance level and the price will fall to around 146,400. Good luck.
The Bank of Japan is giving the clearest signs of a possible change in monetary policy. Wage settlement is the focus with the manufacturing sector reportedly agreeing to the highest pay rises for over 25 years. This is likely to force other companies to follow suit. This could be the catalyst for raising interest rates at the Bank of Japan monetary policy meeting...