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Uj

USDJPY Daily Analysis March 20th, 2022USDJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: This week UJ is low on the list for expected setups due to the extreme surge of volume we’ve been seeing. We simply have no structure whatsoever. The best thing we can do is wait for price action to retrace instead of trying to buy into this rally. Ideally, price action pulls back to form structure. Technically we could see price action fall as low as our 78.60% fib level and still remain bullish structure on this daily timeframe. Look to take long scenarios off key fib levels and target back toward 120.000 resistance. Trade scenario 2: The only other scenario that could take place and make sense would be… price action continues rallying and actually breaks through 120.000 resistance IF this happens we still need to see structure of some kind so look for higher lows above 120.000 that line up with key fib levels. When you see a high surge of volume on a currency pair or any asset your trade opportunities greatly diminish. The market needs time to resume more normal movement. Waiting is often the only option.
by ForexLeague
USDJPY 4hour Analysis March 13th, 2022USDJPY Bullish Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Just like DXY this pair UJ is very bullish! We can see last week that price action had a surge of bullish volume which sent it flying toward the 117.000 area. Currently we’re a bit overextended and identifying structure would be in our best interest. Ideally, price action pulls back and forms a higher low for us to enter long on. Trade scenario 2: For us to consider UJ bearish we would need to see structure form below 115.00
Long
by ForexLeague
CALM SELLUJ created a relative equal high after a break and retest of a H4 rising channel support. There was a target area for a liquidity grab above the relative equal high where price was expected to push to before dropping again. After that area was hit, a 50% fibonacci retracement was created on the M30 timeframe. The profit projection area from this 50% fibonacci retracement lines up with a H1 indecision level which is TP1. TP2 is H4 lower low which is also just above the D1 timeframe support. Feel free to comment and let me know what you think. Please like and follow for future analysis'.
Short
by Toppa
2
USDJPY 4hour Analysis March 6th, 2022USDJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Ranging Trade scenario 1: Overall UJ is bullish on the major timeframes, however, we can see that we have high volume ranging on the 4hour. Current price action is looking to break the range bearishly so we are looking for lower highs below 115.000 which is the key zone here. Trade scenario 2: If UJ continues to range we should price action turn bullish with reactions off of 115.000
by ForexLeague
1
USDJPY 4hour Analysis February 27th, 2022USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Back to bullish! UJ is shaping up nicely here with a clear 4hour bullish transition. Currently, price action is resting near 115.350 support and we’re waiting for either another higher low with strong bullish setups or some consolidation with later conviction candles to enter long on. Trade scenario 2: For us to consider UJ bearish we first would need to see a break of 115.000 support with a lower high below.
Long
by ForexLeague
USDJPY 4hour Analysis February 20th, 2022USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Price action is looking newly bearish here on UJ and is currently resting at support near 115.000. The most likely scenario is that we will see support break with price action forming a lower high below. Look to target lower toward key support levels. Trade scenario 2: For us to consider UJ bullish again we ideally want to see a break of a prior lower high so for us that means we need to see a higher low above 115.350.
Short
by ForexLeague
USD/JPY (An opportunity during distress?) View On USD/JPY (28 Jan 2022) In the current market condition, I am expecting UJ could be the clear winner There can be alot more UPside on this pair. Let's see, DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay