Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 150.100 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 150.100 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 149 support and resistance area. Trade safe, Joe.
After breaking to the upside and retracing to form liquidity withing internal structure, price pushed to the upside with very low and steady momentum. It then formed liquidity below a supply zone that it could use to retrace and target the internal liquidity that remains untapped.
STRATEGY LONG TARGET 175USD YEN The market thinks the Bank of Japan’s new governor is negative for the yen and a plus for stocks, at least based on his first policy board meeting. In fact, the headline NFP print showed that the US economy added 253K new jobs in April against 179K anticipated, offsetting the downwardly revised reading of 165K. Adding to this,...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 145 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 145 support and resistance area. Trade safe, Joe.
UJ giving some of the cleanest price action from Thursday and Friday leading us into what we have now which is a swing range to go lower, now we can clearly see we are sitting close to the SWH and have created liquid above the relatively equal highs BUT overall we do want to see some lower prices, if we don't take the high at open and we break down lower id be...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 145.500 zone, USDJPY was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the trend at 145.500 support and resistance zone. Trade safe, Joe.
Hey Traders, in today’s trading session we are monitoring USDJPY for a selling opportunity around 146 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 146 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 145.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 145.500 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 142 zone. USDJPY was trading in an uptrend and successfully managed to break it out, currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring USDJPY for a selling opportunity around 141.400 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 141.400 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 142.000 zone, USDJPY was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching an important resistance area of 142.000. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 139.500 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 139.500 resistance zone. Trade safe, Joe.
Here is my view for USDJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 133.5 zone, USDJPY is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 133.5 support and resistance zone. The recent USD data were all soft and signal a pause of rate hike from the federal reserve. Also...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 133.100 zone. USDJPY is trading in a downtrend and now seems to be in a a correction phase in which it is approaching the major trend around133.100 resistance zone. I would also keep an eye on tomorrow's CPI as it would be a good confirmation for new lows if it comes...
Hey Traders, USDJPY is forming a bear flag and now seems to be approaching an important weekly zone of 132 if we get a decent rejection i would target more lows. Fundamentally US data continue to print soft and signal no more rate hike from fed as inflation tensions are easing so the market is expecting more of a dovish upcoming monetary policies. JPY is...