FX_IDC:JPYUSD FX:USDJPY Japanese Yen about to fly, fasten your seatbelts, and enjoy the ride. Risk-OFF trade is coming. Generational Wealth awaits.
Hello fellow traders! USDJPY has retested and respected a possible key level Checklist: ✔FORMED STCUCTURE AT KEY LEVEL ✔RSI AT 51 ✔SUPERTREND IS BUILDING BUYING POWER ✔FIB RETRACEMENT HAS SO FAR RESPECTED 38.20% TARGET 1 - 300 PIP ANALYSIS TARGET 2 - 250 PIP ANALYSIS GOOD LUCK 🍀🍀🍀!!!
The Japanese Yen gains support from anticipated BoJ policy shifts, fostering a safer environment and limiting USD/JPY within lower USD demand. Investor focus on US economic data before FOMC minutes remains crucial. Technically, breaching the 200-day SMA signals a USD/JPY downtrend. Daily chart indicators suggest potential further losses. Any upward movement could...
The Japanese Yen continues to exhibit relative strength amid hawkish expectations from the Bank of Japan (BoJ). Bets on a series of Fed interest rate cuts in 2024 are dampening the USD and weighing on USD/JPY. Bearish speculators are becoming cautious, eagerly awaiting the release of the US Personal Consumption Expenditures (PCE) Index data later this Thursday for...
The USD/JPY pair remains under selling pressure for the fourth consecutive day, reaching its lowest point since October 4 during the Asian trading session on Tuesday. However, the spot price has slightly rebounded in the past few hours and is trading around the 148.00 level. USD/JPY continues to trade near its lowest level in six weeks, extending losses to around...
Recent developments surrounding the Bank of Japan (BoJ) are under increasing pressure to intervene in the ongoing weakness of the yen. As we stay vigilant in our trading strategies, it is crucial that we pause and carefully consider the potential implications of such intervention. Therefore, I strongly recommend that each one of us exercise caution and reevaluate...
looking bullish trend in weekly timeframe bec follow falling wedge
On weekly chart, the pair has been continuing to have a bullish pattern for a long time, and it is infinitely close to the high of 149, with the current trend, 150 is not impossible anymore. On daily chart, we can see that it has completed the consolidation then the breakout pattern. From 4H chart, the pair has been keeping up with no looking back, but from a...
Time Frame: 4H Symbol: JPYUSD Entry: 0.007576 TP: 0.007678 SL: 0.007506 Bias: Long We are bullish for this pair too. We think the current price momentum will lead the pair upward.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007413 TP: 0.007514 SL: 0.007345 Bias: Long Current volatility structure and price pattern suggest a bullish bias. So we are searching for a long opportunity.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007437 TP: 0.007539 SL: 0.007378 Bias: Long We are bullish for this instrument. Considering the price context, we anticipate a long trade.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007879 TP: 0.008149 SL: 0.007665 Bias: Long For this instrument we are bullish too but the momentum may not be up to the mark and therefore the strength of the signal is weak.
in this chart we can see that the price after touching the supply zone, made e correction leg ! If the price can go throw the supply (resist) zone, we can wait to price tests the supply area! #jpyusd time frame 1h ep ~ 0.00787 sl ~ 0.00785 tp ~ 0.008
Repeating pattern of bullish divergence leading to sharp short-mid term rallies.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008707 TP: 0.008775 SL: 0.008647 Bias: Long The long bias will continue for this pair. A buy trade can be expected from the current price pattern. Any trade should be taken carefully.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008652 TP: 0.008721 SL: 0.008596 Bias: Long For this instrument, our bias is long as we see the price rate of change and the dynamic support analysis confirm that there is a greater chance of going long.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008717 TP: 0.008785 SL: 0.008658 Bias: Long We are biased bullish for this pair. Currently the price action reveals a high probability buying opportunity. Given the present condition of price changes, the established trend will continue.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008691 TP: 0.008760 SL: 0.008641 Bias: Long Currently the price pattern of JPYUSD is showing a bullish bias. We can catapult a good long move from the current directional move.