UJ should be moving down and correct for now..***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
Usd-jpy
USDJPY Potential for Bullish Continuation| 9th September 2022On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- we're looking for a pull back buy entry at 142.445 where the 50% retracement sits with the take profit placed at 144.907 where the 161.8% extension sits. our stop loss is placed at the overlapping support 139.252 where the 38.2% retracement and 61.8% projection sits
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.
USDJPY Potential for Bullish Continuation| 8th September 2022On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- we're looking for a pull back buy entry at 141.652 where the 23.6% retracement sits with the take profit placed at 144.906 where the 161.8% extension sits. our stop loss is placed at the overlapping support 139.349 where the 38.2% retracement sits
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.
USDJPY Potential for Bullish Continuation| 7th September 2022On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- we're looking for a pull back buy entry at 142.773 where the previous swing low sits with the take profit placed at 144.835 where the 161.8% extension sits. our stop loss is placed at the previous swing low 141.472 where the 61.8% projection sits
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.
USD/JPY Outlook (7 Septeber 2022)The USDJPY reaches and breaches 142 as previously analysed.
The USDJPY consolidated at the 140.50 price level before breaking out strongly to reach a high of 143.
With the upward trendline on the daily timeframe, and the 161.80 fib level showing the potential target level of 145, the USDJPY could continue climbing towards that price level before a strong deep correction to the downside.
USDJPY Potential for Bullish Continuation| 6th September 2022On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- we're looking for a pull back buy entry at 139.362 where the previous swing high sits with the take profit placed at 140.802 where the previous swing high sits. our stop loss is placed at the previous swing low 138.217 where the previous swing low and 23.6% retracement sits
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.
USDJPY Potential for Bullish Continuation| 6th September 2022On the H4 chart, prices are still moving in an ascending trend signaling bullish momentum- we're looking for a pull back buy entry at 139.362 where the previous swing high sits with the take profit placed at 140.802 where the previous swing high sits. our stop loss is placed at the previous swing low 138.217 where the previous swing low and 23.6% retracement sits
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.
USDJPY 4hour Analysis September 5th, 2022USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: Looking bullish overall and we’re currently seeing no signs of slowing down.
The most likely scenario is that we continue bullish without structure. It looks like at most we may see a higher low near 139.000 before continuing higher.
Trade scenario 2: For us to even think about looking for shorts on UJ we need to see a significant break below 137.000 with a lower high below.
USDJPY Up 11%The USDJPY is now up another 1% since the previous post, taking it to 11%
from the breakout which occurred on Apr 11, 2022.
We see a clear pattern of higher highs and higher lows, indicating that a bullish
trend is in play and as long as this pattern continues, we are likely to see further
moves to the upside.
There are previous highs above price but we can ignore these as they were
formed over ten years ago and are not very likely to act as strong levels of resistance.
We currently have positions in play for this forex pair and will look to compound
if the trend continues.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
USDJPY Potential for Bullish Continuation| 5th Sept 2022On the H4 chart, we're looking for a pull back buy entry at 139.906 where the previous swing low sits with the take profit placed at 141.841 where the 127.2% extension sits. our stop loss is placed at the previous swing low 138.263 where the previous swing low and 23.6% retracement sits
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.
NonFarmPayroll Prep (USDJPY)NFP analysis for the first Friday of the month! The expectation is for an increase of 295K with last month released at 528K (The previous month's forecast was 250K). And relatively unchanged in terms of the unemployment rate and average hourly earnings. If the data is released better than expected, the USD should strengthen.
Is the USDJPY likely to continue climbing higher?
Or is it set up for a strong reversal?
Typically strong US NFP employment data is would result in a strengthening of the DXY and for the USDJPY to climb higher.
The USDJPY could climb towards the 142 resistance area before possibly staging a strong reversal, as the Stochastic look to turn out of the overbought area.
On the reversal, the first target level would be the 139.40 support level.
USDJPY Potential for Bullish Continuation| 2nd Sept 2022On the H4 chart, we're looking for a pull back buy entry at 139.367 where the previous swing high and overlapping support sits with the take profit placed at 140.302 where the 78.6% projection sits. our stop loss is placed at the previous swing low 138.078 around the 61.8% projection area as well as the previous swing low
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.
USDJPY Potential for Bullish MomentumOn the H4 chart, we're looking for a pull back buy entry at 138.228 where the 61.8% projection sits with the take profit placed at 140.687 where the 78.6% projection sits. our stop loss is placed at the previous swing low 136.249 which coincides with the 38.2% retracement
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.
USDJPY Potential for Bullish Continuation| 1st September 2022On the H4 chart, we're looking for a pull back buy entry at 138.351 where the 61.8% projection sits with the take profit placed at 140.596 where the 78.6% projection sits. our stop loss is placed at the previous swing low 136.455 which coincides with the 38.2% retracement
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.
Dip buying offers good risk/reward on USDJPYUSDJPY - Intraday - We look to Buy at 137.63 (stop at 136.77)
We are trading at overbought extremes. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Support is located at 137.50 and should stem dips to this area. Dip buying offers good risk/reward.
Our profit targets will be 139.48 and 140.00
Resistance: 139.50 / 142.00 / 145.00
Support: 137.50 / 132.00 / 126.80
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
USDJPY Potential for Bearish Continuation| 31th August 2022On the H4 chart, we're looking for a pull back sell entry at 138.900 where the 161.8% extension sits. our stop loss is placed at the previous swing high 139.405 and our take profit will be at 136.490 where the 23.6% retracement sits
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.