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Usd-jpy

USDJPY Potential for Bullish Rise | 24th February 2023Looking at the H4 chart, my overall bias for USDJPY is bullish with the current price being above the Ichimoku cloud , Looking for a buy stop entry at 135.454, to ride the bullish momentum. Stop loss will be at 134.452 which is the overlap support. It’s worthy to note that there is an intermediate resistance at 135.962, where price might struggle to break through. Take profit will be at 137.657, where the previous swing high was. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
1
USDJPY Potential for bullish rise to overlap resistanceLooking at the H4 chart, my overall bias for USDJPY is bullish with the current price being above the Ichimoku cloud , Looking for a buy stop entry at 135.228, to ride the bullish momentum. Stop loss will be at the overlap support at 134.452 which is my buy entry. It’s worthy to note that there is an intermediate resistance at 135.962, where price might struggle to break through. Take profit will be at 137.657, where the previous swing high was. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
USDJPY Potential for Bullish Rise | 23rd February 2023Looking at the H4 chart, my overall bias for USDJPY is bullish with the current price being above the Ichimoku cloud , Looking for a buy stop entry at 135.228, to ride the bullish momentum. Stop loss will be at the overlap support at 134.452 which is my buy entry. It’s worthy to note that there is an intermediate resistance at 135.962, where price might struggle to break through. Take profit will be at 137.657, where the previous swing high was. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
1
USDJPY can make new impulse? 🦐USDJPY on the 4h chart after the previous idea broke and retest the resistance level as expected. The price also broke the descending trendline creating a potential long setup opportunity. How can i approach this scenario? IF the price will break the minor resistance level we can consider a buying setup according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question.
by InkyGrip
6
Joe Gun2Head Trade - USDJPY break out yesterday?Trade Idea : Buying USDJPY Reasoning: Closing break above 134.65 on daily Entry Level: 134.70 Take Profit Level: 136.72 Stop Loss: 133.91 Risk/Reward: 2.48:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
USDJPY Potential for bullish rise to overlap resistanceLooking at the H4 chart, my overall bias for USDJPY is bullish with the current price being above the Ichimoku cloud , Looking for a buy stop entry at 135.228, to ride the bullish momentum. Stop loss will be at the overlap support at 134.452 which is my buy entry. It’s worthy to note that there is an intermediate resistance at 135.962, where price might struggle to break through. Take profit will be at 137.657, where the previous swing high was. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
USDJPY Potential for Bullish Rise | 22nd February 2023Looking at the H4 chart, my overall bias for USDJPY is bullish with the current price being above the Ichimoku cloud , Looking for a buy stop entry at 135.228, to ride the bullish momentum. Stop loss will be at the overlap support at 134.452 which is my buy entry. It’s worthy to note that there is an intermediate resistance at 135.962, where price might struggle to break through. Take profit will be at 137.657, where the previous swing high was. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
1
USDJPY Potential for Bullish Rise to 38.2% Fibonacci Line Looking at the H4 chart, my overall bias for USDJPY is bullish as the current price is crossing the Ichimoku Cloud. Looking for a pullback buy entry at 128.483 where the overlap support is. We are looking to take profit at 137.552 where the 38.2% Fibonacci line is, Stop loss will be placed at 122.364, where the recent swing low is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
USDJPY: are we targeting more highs with USD strength?Hey Traders, the last week USD data were all positive including NFP, Retails sales and other news as well which signal more pressure of rate hikes... we've noticed the last week that USD was outperforming major currencies but in Friday we had sort of a correction. how can we explain that? Simply just traders taking profits from their USD longs before market close in Friday and prior to US bank holiday in Monday. so if we notice some of a bullish price action around 134 align with good fundamentals we will think of taking this trade. otherwise of a breakout we will be monitoring other zones! Trade safe, Joe.
Long
by JoeChampion
19
Jump on the USD/JPY Bandwagon: Buy After Moving Average PullbackHey Traders! 👨‍💻Technical: USDJPY has found a lot of buying power, however we are approaching the weekly moving average support, and we are currently on a daily resistance level, this tells me that if sellers are going to be anywhere, they would be around this area zone, this should definitely start some bearish momentum, which could make it pullback to the 4h moving averages, this is where we could capitalize on a trade towards the up-side when we find a candlestick entry. 🎯 For an ideal entry: Wait for a pullback, then enter the trade on the 4h once you confirm that bullish bias is there, could be a good trade and great risk reward, if the trend breaks resistance, wait for a pullback and enter off resistance, could also be good, because it would confirm strong bull momentum further on.
Long
by FX-TradingLions
1
USD/JPY: Next level to watch is 135.00 – UOBThe continuation of the upside bias could propel USD/JPY to the 135.00 region ahead of 135.50, comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group Key Quotes 24-hour view: “We noted yesterday that ‘upward has firmed slightly’ and we expected USD to edge higher. However, we were of the view that ‘the major resistance at 134.00 is unlikely to come into view’. The anticipated USD strength exceeded our expectations as USD soared above 134.00 (high of 134.35) before pulling back. Despite the pullback, upward momentum is still strong and there is room for USD to rise above 134.35. However, the major resistance at 135.00 is likely out of reach today. Support is at 133.55, followed by 133.20.” Next 1-3 weeks: “Yesterday (14 Feb, spot at 132.90), we highlighted that ‘upward momentum appears to be building and there is room for USD to edge higher’. We added, ‘the major resistance at 134.00 might not come into view so soon’. While our view for USD to strengthen was correct, we did anticipate the rapid acceleration in pace as USD surged to a high of 134.35. Not surprisingly, upward momentum has improved further and USD is likely to continue to advance. The next level to watch is at 135.00, followed by 135.50. On the downside, a break of 132.40 (‘strong support’ level was at 131.40 yesterday) would indicate that the current upward pressure has eased.”
Long
by FOREXN1
4
USDJPY H4: Bullish outlook seen, further upside above 132.80On the H4 time frame, prices are showing bullish order flow with higher lows and higher highs formed and a throwback to the support zone at 132.80, in line with the 23.6% Fibonacci retracement and 61.8% Fibonacci extension levels could present an opportunity to play the bounce, with 137.80 as the resistance target. Failure to hold above the support zone at 132.80 could see prices push lower to the next support area at 130.50. Prices are also holding above the 20 MA supporting the bullish bias.
Long
by T3-Consultancy
1
USDJPY Potential for Bullish Rise towards previous swing highLooking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 132.770, where the overlap support and 38.2% Fibonacci line is. Take profit will be at 134.772, where the previous swing high is. Stop loss will be at 131.525, where the previous overlap support is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
USDJPY Potential for Bullish Rise | 16th February 2023Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 132.770, where the overlap support and 38.2% Fibonacci line is. Take profit will be at 134.772, where the previous swing high is. Stop loss will be at 131.525, where the previous overlap support is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet