👀 👉 Someone requested a video on USD/JPY. Currently, I don't see any viable trade opportunities, as the price is range-bound. I'll be waiting for a break, retest, and failure of either the previous range high or low on the 4H chart before considering any trades on this currency pair. Here's my technical analysis. Disclaimer: The content in this video is for...
VISIT FOURTRADES WEBSITE FOR MORE INSIGHT The 1-hour chart reveals more granular details of the recent price action. The pair has formed a bearish engulfing candlestick pattern at the resistance zone around 157.00, which is a strong bearish signal. This pattern indicates a potential reversal to the downside. Furthermore, the pair is approaching a support level...
Dear Traders, Our first entry turn out to be in our favour and we expect price to rise even higher and higher. USD dominance over JPY is significant and in no soon time, we can expect BOJ to change any policies or intervene in the market. We may see some correction in the market but it is very unlikely that it will be reversal. Good luck and trade safe! Team Setupsfx
Dear Traders, Hope you are doing great, price of USDJPY remain tricky. Previously, we had anticipated that price will drop heavily, however, due to weak Japanese yen price remain bullish as it was before. We still currently in a correction zone, where we can expect price to drop slightly lower to our area of entry and then we can see a strong buyers liquidity...
USDJPY went up sharply But the pair has hit a Horizontal resistance level Of 157.72 and we are Already seeing a bearish Reaction so we will be Expecting a local move down !
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame Resistance Level
#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.770 SL 154.75 TGT :156.56-157.11 its 1.3:1 RR.Other Everything Written On Chart .
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as Correction in Short Time Frame Fibonacci Level - 161.8%
Dear Traders, Hope you are doing great, right here we have an excellent opportunity of buying USDJPY, JPY plummeted few days ago as BOJ kept the interest rate as the same and decided not to change. Leading a heavy sell off on YEN. However, price did make strong correction right after the sell off, though we think it was temporary correction. Right now price is at...
At the beginning of April, Japan's ex-FX diplomat Watanabe said that the BOJ were unlikely to intervene with USD/JPY below 155. Well now the pair trade less than 80 pips beneath this key level (and less than a day's trade by recent standards), 155 is certainly the level to watch today. The strength of the bullish 1-hour trend makes it seem that USD/JPY has little...
Dear Traders, OANDA:USDJPY first entry dropped successfully 400 pips, now there is possibility of price filling up the liquidity and dropping from that region. Bullish price will likely to push the price up to our area of entry where price will fall strongly. Use accurate stop loss and take profit as described in our chart, if you have any doubt or finding it...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY 1H Projection My View on usdjpy. looking for sellside
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line RSI - Divergence Break of Structure Completed " 123 " Impulsive Waves
USDJPY 1H Projection All over market in bullish trend. short term inducement sell not enough volume for upward move.
USD-JPY went up from the Lows but now the pair is About to retest the falling Long-term falling resistance Line while being oversold So I will be expecting a Local bearish correction !
Introduction: The USD/JPY pair has experienced a dynamic week marked by a double top pattern, providing insightful clues for traders. While recent days showcased a retracement and an apparent uptrend tendency, the most recent price action is signaling a potential shift. Retracement Dynamics: The past week witnessed a retracement in the intense and continuous...
We expect further downside on this pair, signalled by the breakout of the ascending channel pattern. We can also see the formation of a low high and a breakout of a key level which further supports our directional basis.