USDJPY AnalysisUSD is much stronger than Japanese Yen. Japan economy is not in the good condition. As per my analysis Yen will remain weak for the whole next week. Better to look buying opportunity on it.
Usdjpybullish
Bullish Outlook on USDJPY - 12 May 2023Price tested a key support zone at 134 on the Daily timeframe, which is in line with the 78.6% Fibonacci retracement. A break above the confirmation level at 135.2 could provide bullish acceleration towards the resistance zone at 137.2, which coincides with the 78.6% Fibonacci extension level. Price is holding above the Ichimoku cloud and 20 EMA, supporting our bullish bias.
USDJPY 4H: Bullish outlook seen, further upside above 136.5Price is bullish, forming higher highs and higher lows. Price is currently hovering above a key demand zone at 134 on the H4 timeframe. A throwback to this demand zone, which coincides with the 78.6% Fibonacci retracement, followed by a break above our upside confirmation at 135.2 could provide the bullish acceleration to the supply zone at 136.5.
USDJPY BuyUSDJPY is taking support on its major levels. Japanese yen is not stronger, as we all knows Japan did not increased it interest.
Bullish outlook on USDJPY - 21 April 2023Price is testing a key support zone at 133.80 on the H4 timeframe, which is in line with the 38.2% Fibonacci retracement. A throwback to this zone could present the opportunity to ride the bounce to the resistance zone at 135.20, which coincides with the 50% Fibonacci extension level and graphical high. Price is holding above the Ichimoku cloud and Stochastic RSI is in the oversold region below 20, supporting our bullish bias.
3-bar bullish reversal on USD/JPYAfter an extended pullback on the USD/JPY daily chart, we think it is time for the pair to revert higher.
A bullish divergence formed with the RSI (2) and a bullish pinbar formed on after a failed attempt to break below 130. Being a round number, there's reasonable chance of demand down at that level, and yesterday's up day is part of a 3-day bullish reversal (Morning Star).
- The bias remains bullish above Friday's low, although bulls could seek bullish setups on lower timeframes if prices pull back towards Friday's high - or wait for a break of yesterday's high to assume bullish continuation.
- An initial target is around the 38.2% Fibonacci ratio / 133 handle
- A Second target could be around the monthly pivot / 200-day EMA / 50% retracement level
USDJPY BuyUSD seems stronger than JPY. I think JPY is weaker than all its pair. It is better to look buying setup on all JPY pairs next week.
USDJPY H1: Bullish outlook seen, further upside above 132.50Price is currently hovering above a key support zone at 132.50 on the H1 timeframe. A throwback to this support zone, which coincides with the 78.6% Fibonacci retracement, could provide the bullish acceleration to the resistance zone at 133.80, in line with the 161.8% Fibonacci extension. Price is holding above the 20 EMA and Ichimoku cloud, while Stochastic RSI is in the oversold region below 20, supporting our bullish bias.
USDJPY BuyThe USDJPY took support at major level. I believe USDJPY will rise if JPY continue to show weakness.
USDJPY M30: Bullish outlook seen, further upside above 133.20Prices have broken above a key resistance-turned support zone at 133.20 on the M30 timeframe, in line with the 23.6% FIbonacci retracement. A throwback to this zone could present an opportunity to ride the bounce to the resistance zone at 135.00, which coincides with the 161.8% Fibonacci extension and 61.8% Fibonacci retracement. Price is holding above the 20 EMA, while MACD is showing bullish momentum, supporting our bullish bias.
Bullish outlook on USDJPY - 3 March 2023On the H1 timeframe, prices are testing a support zone at 136.20, which is in line with the 38.2% Fibonacci retracement. A throwback to this zone presents an opportunity to ride the bounce to the resistance zone at 137.20. Stochastic RSI is in the oversold region below 20, and price is hovering near the bottom of the Bollinger Bands, supporting our bullish bias.
USDJPY BuyUSDJPY will rise more against the JPY. I think USD is stronger than JPY and this pair will rise gradually. Better to look buying opportunity on it.
USDJPY BuyJapanese Yen looking weaker, against the USD. I think every support is the chance to buy USDJPY.
Bullish outlook on USDJPY - 16 February 2023Prices have broken through a resistance-turned-support zone at 132.80 on the H1 timeframe. A throwback to this level, which is in line with the 50% Fibonacci retracement, could provide the bullish acceleration to the next resistance zone at 134.50. Prices are lying above the Ichimoku Cloud, while Stochastic RSI is in the oversold region below 20, supporting our bullish bias.
USDJPY BuyJapanese Yen is still weak and I don't believe that in coming days it will show strength till US will not start to decrease its interest rate. Every dip in USDJPY is an opportunity to buy it.
USDJPY is ready to flyLast week JAPANE has not increased its interest rate and by this JPY come again in weakness after some strength but from last Thursday USD took strength against the JPY. Better to watch buying opportunity on it.
The usdjpy week's rally is expected to startHello guys
The @USDJPY will be expected to rise this week, the first target we can make it simple 152, you can set your goals as follows:
@USDJPY
TP ✅ : 152
TP 2 ✅ : 154
TP 2 ✅ : up up up ....
If there is negative news on the dollar, it can fall back and return to a rise... That's why let the stop loss be flexible, and I am confident in my analyzes that it is bullish
GOOD LUCK
USDJPY BuyOn Friday night USD fell badly just due to the speak from Federal Member. I believe it will rise again and will make new HIGH of this year. Better to buy on DIP as I already mentioned in the chart.
USDJPY Bull Run ContinuesUSDJPY leaped from price 140.200 to almost 143.000 this morning continuing the long-term bull trend. After the pairing reaches price 143.000 I am expecting the bull run to continue. I have based my analysis off charts from June 1998, the last time USDJPY saw these price points.
Buy Entry: 143.000
Broad Targets: 143.900 | 144.500
Resistance: 145.000
Be sure to like this post and let me know what you think in the comments below.
USDJPY smart money concepts MatrixVIt was easy predictible that USDJPY is bullish again, but you have to get a good risk managment. SMC has the best concepts with Risk Managment, where you have a 2-20 RR. The most important thing is to protect your money from the banks by your stopploss and takeprofit.
If you have a profitable 10 RR you can lose 10 trades and regain it with 1 trade.
Explanation= Yellow SMC Traders, Red Retail/Patterntraders. NOTICE!! Patterns are useful, but you have to know how every marketparticipant is trading: Patterntraders, Indicatortraders, SMC Traders, Orderflow Traders, Volume Traders, Banks
1. € = Liquidty in SMC Trading, Trend in Retailtrading, shows where price is going
2. CHOC (Change of Character): Market change its direction and brokes last supportzone = Sign of Market Reversal
3. Yellow Fibonacci: SMC Traders take the last candle of Support/Resistance and take the 0.5 Zone as their TP/ENTRY/STOPPLOSS
They try to knock out Retail Traders, who wait for breakout in 1minute Chart = Fakeout = Entry of SMC Traders
SMC Trading is based on risk managment, its the most important thing.
4. Entry Pattern Traders: Pattern Traders see a bullflag, they take the bearish trend, copy it, and wait for trendhit. Their stopploss is mostly the golden 1.618 Zone, Takeprofit, is close to the other trendline. They often have a 1:2 RR;
5. Entry SMC Traders: 0.5 or 0.618 FIB Zone of last resistance or support zone (ITS A "LAW"), which they take to draw their stopploss/entry
We have a bearish CHOC, so there are still short positions, which push the price down.
You have to practice your style of entry/stopploss/takeprofit. Your goal with SMC is to place trades with a high RR (5+)
Combine it with other retail strategys like patterns or indicators. the more confirmations the better
6. TP of SMC Traders: The last bull consolidation zone (CZ), before the the price did the bigger bullcandle.
SMC Traders take the 0.5 FIB Zone of the low and high of the CZ as their takeprofit. There is also the CHOC Zone, which is also a confirmation
This TP can also be an entry for a longposition.
7. BOS (Break of structure): Market broke through last resistance, closed the body of the candle above the zone. retest, BOS
8. 2nd SMC Entry: Retail Traders will go long instantly, but your goal is to buy as low as possible to take your RR high.
2nd SMC Entry is the BOS Zone, Stopploss the 1st supportline, Takeprofit is your choice
Follow for more. Normally my posts are very short, but this time I thought I have to explain my TrAdInGvIeW
GG Ez MatrixV Ruler Of The Market
USDJPY BuyThe USDJPY is forming Simple Bullish Flag Pattern and the indicators are already giving bullish sign.
USDJPY Buy and then SellAs Dollar Currency Index seems bullish so by this we can assume that USDJPY will go more up to it's Resistance zone.
