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Longusdjpy

USD/JPY holds within trend line - positive NFP news supports USD🔔🔔🔔USD/JPY news: ➡️ USD/JPY price decreased to 143.80 due to the weakness of the USD after the US employment report decreased compared to the previous month and Average Hourly Earnings m/m decreased slightly, However, NFP was better than the previous forecast, so this is probably support for the USD Personal opinion: ➡️ USD/JPY is still maintained in the trend line, the buyers have returned after the RSI almost entered the oversold zone and there are signs of slowing down of the sellers. ➡️ Analysis based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Buy USD/JPY 143.80- 144.00 ❌SL: 143.40 | ✅TP: 144.50 – 145.00 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Positive US talks are supporting the USD🔔🔔🔔 USD/JPY news: ➡️ USD/JPY recovered to around 142.70 during the Asian session on Tuesday as positive risk sentiment undermined safe-haven assets such as the Japanese Yen while boosting the US Dollar. However, further gains appear limited amid weak trading conditions due to a holiday in Japan. Personal opinion: ➡️ Positive news on tariff negotiations is emerging more and more, and the parties are also easing trade tensions. This is supportive for the USD and could cause USD/JPY to rise slightly in the coming time ➡️Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Sell USD/JPY 143.20 - 143.30 ❌SL: 143.70 | ✅TP: 142.70 - 142.20 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
3
Trade news gradually improves - Supporting USD to rise again🔔🔔🔔 USD/JPY news: ➡️ The USD/JPY pair extended its gains to approach the 144.00 level early Friday, driven by renewed demand for the U.S. dollar following a Bloomberg report suggesting that China is considering suspending the 125% tariff on certain U.S. imports. The pair largely ignored Tokyo’s hotter-than-expected CPI inflation data. Personal opinion: ➡️ USD/JPY continues to rise thanks to positive news from the Trump administration’s negotiations with Asian countries. Although good Japanese economic data supports the JPY, the focus is still on the active trade war and it supports the USD ➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Buy USD/JPY 143.00 - 144.40 ❌SL: 142.50 | ✅TP: 143.80 - 144.40 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
USD/ JPY ! 11/8 ! oversold , support , BUY nowUSDJPY trend forecast November 8, 2024 The Japanese Yen (JPY) struggles to gain traction on Friday, fluctuating with minor gains and losses against the US Dollar (USD) as the European session nears. Support for the JPY comes from recent comments by Japanese authorities, though concerns about the Bank of Japan's (BoJ) capacity for further rate hikes limit its upward momentum. Meanwhile, optimism around Trump’s growth and inflation policies largely overshadows the Fed’s dovish outlook, boosting US Treasury yields, which in turn weighs on the lower-yielding JPY. Additionally, renewed USD buying helps restrict any significant downside for the USD/JPY pair. Trump as president with more strict foreign policies, mainly helps the dollar stronger. This will help USD/xxx currency pairs to increase in value. /// BUY USD/JPY : zone 152.300 - 152.100 SL: 151.700 TP: 40 - 100 - 200 pips (154.100) Safe and profitable trading
Long
by Moon-ForexAcademy
3
USD/ JPY !! continue to increase the price trendline⭐️ Smart investment, Strong finance ⭐️ USD/ JPY INFORMATION: During the Asian session on Thursday, the Japanese Yen (JPY) has gained ground against the American counterpart, breaking a three-day losing streak. It had previously reached its lowest level since November 28. The JPY's relative safe-haven status is being supported by a generally weaker risk tone and the subdued price action of the US Dollar (USD). However, the upside potential is limited due to expectations that the Bank of Japan (BoJ) will maintain its ultra-dovish stance in response to factors such as a recent earthquake in Japan, declining inflation rates in Tokyo, and weaker wage growth. ⭐️ Personal comments NOVA: The upward price trendline is still very nice, testrend to then have more BUY power ⭐️ SET UP USD/JPY PRICE: 🔥BUY zone:147.750 - 147.600 SL 147.100 TP1: 148.100 TP2: 148.400 TP3: 148.700 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Long
by Nova-Scalper
16
USD/JPY Potential Long Setup !Based on technical analysis, the 4-hour timeframe is currently showing a rejection of the Exponential Moving Average (EMA) and the first support level (S1) of the daily pivot points. These factors indicate a potential bullish trend reversal in the near future. However, before initiating a long position, it is important to observe whether the price will close above the daily pivot points. If it does, it would suggest a stronger upward momentum, thereby increasing the probability of a successful trade. Furthermore, the overall trend is currently bullish, indicating a potential continuation of the upward trend. It is important to note that technical analysis is not a guaranteed predictor of future price movements, and risk management strategies should be implemented to minimize potential losses. In conclusion, based on the rejection of the EMA and S1 daily pivot points in the 4-hour timeframe, combined with a bullish overall trend, setting a long position after the price closes above the daily pivot points may present a favorable trading opportunity. However, careful consideration of risk management is imperative.
Long
by Bobby-BCT
Unusual way to enter on a double Bottom (USDJPY)Hi Traders, I am currently watching USD/JPY for a potential Long Position. Now looking at standard price action, Price has created a Double bottom and went as far as breaking the neckline. The conventional way to enter this would be by entering once price has retested the neckline, which there is absolutely nothing wrong with. However, looking at the way price has moved right now I see a much better risk-to-reward ratio if price manages to break the minor resistance at 135.450. If price starts pushing hard to the point where this current H4 candle Flips bullish, I will be more than happy to take an impulsive entry with the momentum. Target is at 136.250 as we have a clean range on the left. Remain patient. Renaldo Philander.
Long
by Tradebudz
Expecting Bullish Move USDJPYI'm expecting a the US dollar to gain some strength this week, aganist the Japenese Yen. Looking for possible minor move to the upside followed by a retest, and then finally a huge move. Reasons for USD strength: 1.) The yen was very strong last week, and if you look at other currency pairs that traded against the yen, you would notice huge directional moves. 2.) If you look at the monthly timeframe you would notice that price has found support at this current level several times. 3.) the previous month showed a doji candle, hinting that maybe there are some exhaustion or indecision in the market and price may be ready to change directions. 4.) On the weekly timeframe, there is a double bottom candlestick formation. 5.) (refer to the daily chart) Price has currently found support at this current level, which previously acted as resistance. 6.) On the 4hr. price has been making Higher Lows and Lower highs, hinting that a breakout may be in the works. I'm not saying that this will definitely happen, this is my personal opinion. If you disagree or comment what you think. Like, Comment or Follow.
Long
by NoCeilingsTrading
6
Are we going to reach 110.000 ? = USD JPY Hello guys, im actually expecting a bullish move today for the USD JPY wich is very strong this Week ! we have a beautiful pull&back on the H1 chart ! Actually im waiting for a strong move if the price react to the "symetrical triangle" i hope it will go to the 110.000 minimum or reach the 1.618 fibo (110.558) For me no signal for a changing trend ! D1 chart show a nice bullish situation ! Hope everything will be ok :p Have a nice day and good trade !
Long
by BeginnerTrader93
1