USD/JPY Analysis
The overall trend remains bullish, but confirmation of the bullish scenario requires a 4-hour candle close above 157.980. If this occurs, the price is likely to target 159.820 and 161.820.
On the other hand, if a 4-hour candle closes below 156.580, it signals a potential drop toward 153.980. A further break below this level could see the price decline to 151.780.
Stability above 157.980 will reinforce the bullish momentum, with targets at 159.820 and 161.820.
Key Levels:
Pivot Line: 156.590
Resistance Levels: 159.40, 161.82, 163.20
Support Levels: 154.64, 153.43, 151.790
Trend Outlook
Bullish: Above 157.980
Bearish: Below 156.580
Consolidation: Between 156.45 and 157.98
previous idea:
The overall trend remains bullish, but confirmation of the bullish scenario requires a 4-hour candle close above 157.980. If this occurs, the price is likely to target 159.820 and 161.820.
On the other hand, if a 4-hour candle closes below 156.580, it signals a potential drop toward 153.980. A further break below this level could see the price decline to 151.780.
Stability above 157.980 will reinforce the bullish momentum, with targets at 159.820 and 161.820.
Key Levels:
Pivot Line: 156.590
Resistance Levels: 159.40, 161.82, 163.20
Support Levels: 154.64, 153.43, 151.790
Trend Outlook
Bullish: Above 157.980
Bearish: Below 156.580
Consolidation: Between 156.45 and 157.98
previous idea:
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.