Get started

Usdjpybuy

Usd is ready to weak against YenHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about USDJPY. We can see a strong resistence level near the CMP. and clear breakout of TL since 31 May. now we are expecting for a long term bearish move till previous high. his is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit !
Short
by Theranasaramd
USD/JPY may drop some before it rise againNote: USD/JPY is in uptrend, there is no doubt here. So, selling USD/JPY is risky. The FED is raising rates and BOJ is still holding their negative rates. So, as a carry trading method JPY is much weaker than the USD. And BOJ already says they are not going to raise rates anymore. Now the question may arise, WHY am I in sell mode in USD/JPY. Reason is simple, Everything has a limit. I think USD/JPY has reached its limit. As long as it didn't break above the 135.30, it is not going to up more. If you see its last few days moves. The USD became strong against most of the major currencies but couldn't against the JPY. That means the current price zone matters to the investors. If you think my logic is not strong, please you can skip it... I think after tomorrow's rate decision the USD will be weak. Because the market is priced at a 75 BP rate hike. But my mind says, the FED won't raise 75 BP. rather they will rise only 50 BP.
Short
by Gold_Trading_Expert
4
USDJPY – SPOT: Double Bullish Pin BarsUSDJPY – SPOT: Double Bullish Pin Bar Signals (Double Bullish Pin Bar + Inside Bar Combo Setup) Price Action: Price formed two consecutive Bullish Pin Bars + Inside Bar (Combo Setup) late last week. Price exploded higher from the Bullish Multiple Inside Bar + Ultra-small Pin Bar (Combo Setup) that had formed around two weeks ago (We suggested trading this setup in the May 30th, weekly newsletter, and hopefully some traders got on board). Price exploded higher from the recent Bullish Multi-Bar Fakey Setup that had formed over two weeks ago, (We suggested trading this setup in May 26th, members' daily newsletter). Potential Trade Idea 1: For more aggressive traders, we are considering buying on a breakout above the current Two consecutive Bullish Pin Bars + Inside Bar (Combo Setup). Potential Trade Idea 2: We are considering buying on a retracement lower and/or after a price action buy signal, at or around the 131.35 short-term support level.
Long
by UnknownUnicorn393254
1
USDJPY: Never Ending Bull Run 🚀Trying to trade anything JPY is proving difficult as we experienced yesterday on EURJPY. The death of JPY just continues over and over. I think the bull run will continue all the way into the key psychological level of 130 before we see any signs of buyers slowing down. I won't set an order, I will set an alert because we are bound to see some manipulation around this key level. Once the manipulation and play on price is complete around 130 THEN we may have the opportunity to join sellers. Buyers got an easy breakout of the 'trend-line' which leads me to think liquidity and trapped sellers remain at the low. This will be the target IF we locate a sell.
Short
by AlkalineFX
22
USDJPY: Multiple Inside Bar PatternUSDJPY – SPOT: Buying On A Breakout Of Bullish Multiple Inside Bar Pattern Price Action: Price formed a Bullish Multiple Inside Bar + Ultra-small Pin Bar (Combo Setup) late last week. Price formed a Potential Bullish Multi-Bar Fakey Setup early last week (This Setup will trigger only if price breaks out above the Mother Bar’s high), (We suggested waiting for the Bullish Fakey setup in May 25th, daily newsletter). Potential Trade Idea 1: We are considering buying on a breakout above the current Bullish Multiple Inside Bar + Ultra-small Pin Bar (Combo Setup) Potential Trade Idea 2: We are considering waiting to see if the current Bullish Multiple Inside Bar + Ultra-small Pin Bar (Combo Setup) turns into a Potential Bullish Fakey Setup.
Long
by UnknownUnicorn393254
1