USD/JPY is extending recovery above 155.00 in the European session on Tuesday. The pair stretches higher, as the US Dollar capitalizes on a cautious mood while Japanese Yen traders adjust their positions ahead of Wednesday's BoJ policy decision. The USD/JPY pair trades back and forth in a tight range above the crucial support of 156.00 on Monday’s European...
After an impressive 1000-pip drop in two weeks, USD/JPY reversed precisely from an old resistance level, now support at 152. At this point, we also see a higher low in place, and bulls seem determined to recover lost ground. In the overall trend, the 1000-pip drop is merely a correction and even if there will be a new leg down toward the important 150 level, a...
An ascending flag pattern appears, showing the recovery of USDJPY when news about the stock market or the recent presidential appointment continues to be good for the US market. The USD fell to its lowest stage in approximately 2 months, a improvement amplified via way of means of the pointy boom withinside the fee of the yen that triggered turmoil in worldwide...
Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: 15M 1: Swing Structure: Bullish with BOS after taking the inducement. Bullish impulsive swing move starts making a pullback in the internal structure POI liquidity zone. External POI OB FVG already taken from the discounted area. 🟢 Entry Model: Whale scoop Support liquidity demand area...
Recently we witnessed a sharp dropped on USDJPY due to BOJ hints of intervene in currency market. However, in fact they just gave hint of intervention and did not specify the plan. In some scenario, many says, it was a move to alter the direction of JPY pairs for sometime. In our view price is likely to move upside strongly after touching our area. We therefore...
The USD/JPY price appears bullish on the 1-hour timeframe due to the completion of an Elliott Wave ABC correction and a reversal falling wedge pattern. We plan to enter a buy position after the breakout of the resistance trendline and key level. This technical setup suggests potential for upward movement.
Pair : USDJPY ( U.S Dollar / Japanese Yen ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Fibonacci Level - 61.80% Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence
USD-JPY is trading in a Rising channel the Pair has retsted a Support cluster of the Rising and horizontal Support lines and we Are already seeing a Bullish reaction so a Further move up Is to be expected
The USD/JPY pair has recently exhibited a Bullish Divergence on the 1-hour chart. This technical pattern is a significant indicator suggesting potential upward price movement. The price action has also received a strong rejection at a key support level, which coincides with a 4-hour trendline and the 61.8% Fibonacci retracement level. These factors collectively...
USD/JPY trickled it's way just shy of 162.000 where it formed a double top reversal pattern on the Daily chart and fell hard to 157.500. Should we still be long? Or is it time to get short? How do we trade this? 🤔 As mentioned in my previous analysis from May 7th after the massive sell-off from 160.200 back down to 152.000, we should be looking for...
All data supports LONG usdjpy ---- According to Nikkei, till now, Japanese institutional traders have now no longer poured capital into overseas markets on any such big scale. Banks offered simplest a internet 220.7 billion yen of overseas property withinside the first 1/2 of of this 12 months. Meanwhile, pension price range bought a internet of 9.forty three...
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
"ALL THE PROBLEM IS WITH THE FED" On Wednesday`s buying and selling consultation, the yen fell to 160.88 yen for 1 USD, the bottom degree due to the fact that 1986. Early this morning (June 27) withinside the Asian marketplace, the yen rebounded slightly. 160.sixty three yen to at least one USD. The yen has depreciated approximately 2% this June and fallen 12%...
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...
Analyzing the USDJPY on the daily chart reveals a clear bullish trend. The pair is currently testing a significant resistance level. Although I'm considering a long position, I won't enter at this point. Instead, I’m looking for a pullback. On the 30-minute chart, there’s a noticeable bullish imbalance and an order block just below the current price. My ideal...
The USD/JPY pair traded near a seven-week high above 158.00 during today's European session. The rally appears to have paused amid uncertainty over the Federal Reserve's (Fed) interest rate path and the release of Japan's national Consumer Price Index (CPI) data for May , will be announced on Friday. Market expectations for the Fed to start cutting interest rates...
I have USDJPY going to 160 and beyond..... price may be a little choppy until then but I am Long on this pair and I've been using every dip (when price takes bearish dive) as a buying opportunity. I can see price testing the previous highs of 157.844 (yellow level) and eventually breaking and closing above it, once this level of previous resistance (157.844) is...
My Dear Robbers / Traders, This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and...