Conversely, in the scenario of sellers regaining control and driving the exchange rate lower, support appears at 149.70 and 148.90 thereafter. Continued losses beyond these thresholds may lead to a pullback towards 147.50 in the near term. USD/JPY outlook: Extended consolidation above trendline support to precede push towards key barriers Confirm long Target
After consolidating for some time, price eventually broke structure to the upside where it preceded to retrace halfway in(forming the second point of our much needed liquidity) before breaking structure again with momentum. With this price has established the necessary requirements for us to consider a buying opportunity to catch the expansion upwards since the...
Looking to buy from the support level of 0.87240, waiting for that pull back before we enter just to add extra confirmation
US dollar to the Japanese yen gave us a pretty similar scenario to the British pounds of the Japanese yen we broke bullish providing a huge range powered by news and fundamentals we now have located the lowest half of the range with our unmitigated order block we are looking for price to run back to this order block and continue pushing higher. Based off of the...
Dear followers, Today USD/JPY 's trading session will open with low-monemtum ,overall the price is in the uptrend . I opened Buy Stop Order at around 136.655 and the price will go through this point and reach to 137.256 , it wil create a new resistance H4 time frame.
STRATEGY LONG The Japanese yen depreciated past 134.5 per dollar, sliding back toward its weakest levels in seven weeks as the Bank of Japan maintained its ultra-easy monetary policy and made no adjustments to its yield curve control. However, the BOJ said it will remove forward guidance that pledges to keep interest rates at current or low levels. Latest data...
Currently, I am observing a potential bullish uptrend in the USD/JPY market, indicating that the price of the pair is likely to continue to rise under 61% my Fib level or to breakout for continuous short breakdown to 39mins chart during opening of London session. NOTE : It's important to keep in mind that relying on a single indicator cannot guarantee profitable...
The Fed’s monetary policy, along with persistent inflation expectations, has pushed the benchmark 10-year U.S. Treasury yield up to 4%. The Bank of Japan, meanwhile, is continuing to hold the 10-year Japanese government bond yield near zero. The Japanese central bank conducted a bond-buying operation for the second straight day to keep the yield within its...
The USD Take advantage yesterday after the positive news about the Unemployment Claims with a strong bullish candle and the bias from the market changed positively for the USD currencies. The price today may continue the new bullish rally with a new upwards. We are Looking for a new bullish impulse.
The USD/JPY after an important retracement has pullback in confluences of the 131.000 support level, 61.8% Fibo and the 200 Moving average where the price reacts with a strong Bullish impulse. Now the price is around the value of 135.000, the stochastic it's over the oversold area and the RSI turned bullish. The Forecast of Ichimoku è Bullish and all these clues...
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Expecting a break of the labeled resistance level in the coming hour off the back of US unemployment news. This may create some strong upside volume on the USD/JPY towards my labeled profit target. this is not financial advice just my assumption on how I think the market will react within the coming hour, so please trade at your own risk.
USDJPY is entering a order block soon and above the order block, we have some imbalance to fill so I think the price will create fake support and then grab the demand so the price will move up. Before I enter this trade I always wait for some kind of break of structure or change of character so make sure you do the same. this is no financial advice, Trade wisely
Long now as per the level shown....RRR 0.5:1..Maintain strict SL
Long opportunity on break up of recent high.....T1 RRR 0.6:1 T2 1:1 SL as shown