USDJPY seems BullishAs we can see that USDJY taking support on it's previous support zone. I believe from the current market price it can be bullish.
Usdjpybullish
USDJPY seems BullishJapanese yen is weaker against the USD. I believe that this bullish journey will remain continue in next week. Better to look buy opportunity on every support taken on trend line.
USDJPY seems BullishJapanese yen is still weak and I believe that this pair will continue grow to make new high.
USDJPY seems Bullish on Trend lineIt is better to look buying opportunity on it till it is above the trend line.
USDJPY Bull Continues Until 130.000+We have seen a nice leap in price since my last update, blowing past the resistance of 127.330 .
I am still bullish on USDJPY, but the price of 130.000 will be a big deciding factor. If the pairing continues past this price it will more than likely go onto to 134.000 . If not we may see some drops.
Current Trading Range based on April 2002 day chart
Entry: 128.650
TP: 129.000 | 129.200 | 129.600 | 129.800 | 130.000
For more frequent updates be sure to like this post and let me know what you think in the comments.
USDJPY seems BullishUSDJPY is obeying it's ascending trendline. The market will remain bullish till the USDJPY is remain above the trend line. Yen is weak against all currencies. Better to look buy setup on it.
USDJPY BREAKING THROUGHT HUGE LEVELIll be keeping my eyes on this one but it does look like we are breaking through a huge area of resistance and continuing on the bullish momentum. For now Ill wait and see if we can get a pull back and possible entry's for long trades around 114.250.
How I look at fast bullish runs USDJPYJust a bit of a look at how I trade these pairs when price is on a huge upside move. It can be very rewarding when you get entry's and straight into risk free but remember anything can happen and just cause price is looking so strong, we can get sell offs whenever... its better to be safe then lose.. risk amounts stay the same ALWAYS no matter how good a setup looks.
USDJPY - Long Trade Idea 112.060 targetUSDJPY, 1h Buy
Entry - 111.500
Stop Loss - 111.250 (25 pips)
Take Profit - 112.100 (60 pips)
usdjpy chart looks like a flag on 1h chart ..its posible to continue rising.. lets see what happens
USDJPY looks bullishIn the chart, USDJPY has breakout its descending trend line which indicates the more uptrend. Follow Monday bullish candle if occurred.
USDJPY is in Bullish ModeIn the chart, the market has strongly breakout its previous sell candle strongly for a further upside level.
USDJPY Eyes the December low Hi folks,
Keep your eyes on the daily channel line, price to breakout the level will be our trigger point.
USD/JPY 1D Swing shortPatterns playing out perfectly again. Rejection at the lower support. My target is 104.900. Goof luck!
USDJPY - LONG
ALL ANALYSIS ARE MADE USING ONLY PRICE ACTION, NO INDICATORS. MULTIPLE TIMEFRAMES ARE INVOLVED BEFORE TAKING A TRADE.
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==> PLEASE TAKE NOTE!! DO NOT SET LIMIT ORDERS. GET IN ONLY WHEN YOU GET THE GO SIGNAL FROM PRICE ACTION
Small Bullish PotentialMarket is showing great potential to push to the upside. But be careful as fundamentals are oppose this prospective setup. Risk Low
USDJPY: Near Strong Support Level....Important Levels to Note!!!USDJPY have tested this support level @107.10 price level and what we have seen is failure to reject this level. As we can see this led to 3 lower head forming. For now, I will be expecting to see a BULLISH movement to 108 price level. Definitely, a breakthrough in price level there is possible which I will update again.
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USDJPY Market Structure Analysisif you have your market view, please share it in comments
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USDJPY Consolidating at CRUCIAL SUPPORT: Potential BUYUSDJPY is consolidating at the Support area for the last few days. So, it would be interesting to see if USDJPY manages to stage a comeback this week. Like with any other JPY pairs, the main driver is going to be the Global Risk Sentiment. I expect risk sentiment to get a little better this week because of the recent trade deals with Mexico.
Besides, recent Dollar sell-off on account of Rate Cut related assumptions which are a bit overdone in my opinion.
So, depending on BULLISH PRICE ACTION in the support area, traders can look for BUYs at 108 with SL below 107.70.
TPs can be set at 109 and 110 respectively.
