Usdjpyforecast
USDJPY | IS THIS A TOP?USDJPY has been in a bullish trend since the start of the year as it is trading above the trendline and 50d SMA.
However, the trend looks pretty mature as RSI started to show bearish divergence and MACD is flattening. Is this the top?
The possible drop could be 129.000 and 130.000.
Let us know what do you think of the idea?
USDJPY and CADJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 Evening star pattern probability short for 133.00#usdjpy, Bar "A", "B", and "C" formed evening star pattern for short. 21st June bar "A" broke resistance to catch stop losses. Bar "B" inside bar confined within the range of the last bar. Bar "C" broke inside bar low confirmed weakness ahead. 133.00 first hurdle as a support if breach then next 132.30.
DeGRAM | USDJPY at 20 Years ResistanceUSDJPY is testing a resistance zone which was tested almost over 20 years ago.
Orders are placed at those levels by major institutions that are selling by market and those that have bought and are taking profits right now.
We will see massive sell-offs.
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USDJPY read to fall after resistence testHi 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 FX:USDJPY
We can see a market break its strong support in D1. but weekly candle is running and now price is trading below the resistence.
So we are expecting a strong Fall near support area .
This 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 !
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USD/JPY unable to break resistance, expecting a decline in priceDear traders, USD/JPY is struggling to break the resistance level. As you can
see, bearish candlesticks have formed at the 4H chart.
I am expecting a decline in price of USD/JPY towards 132.50. I have already sold
at 134.90 and currently holding the sell with targets as indicated in the chart.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- JPY FEATURE is going down a bit right now. Somehow it will come back up. The main reason for this is that the MARKET SENTIMENT RISK ON TONE is still playing. JPY FEATURE stands at 0.0074 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. Already JPY WEAK is coming with JAPANESE UPDATES. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP.
- USDJPY PRICE can be REJECT from 138.61 LEVEL. For VOLATILITY UP, and JPY FEATURE UP.
If MARKET RISK OFF, it can continue to fall to USDJPY 128.66 LEVEL very easily after breaking the TREND LINE.
USDJPY SHORT (100 PIPS)Looking for a perfect short position of UJ worth 100 pips. Due to the rise of USD which made UJ form a perfect head and shoulder, i'm looking for a perfect sell scalp to 133.200 which serves as a support for UJ. This may serve as the breakdown point. If my breakout point gets breached, i'm looking for UJ to Short below 131.000.
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 !
USDJPY NeutralRight now , we are currently at the monthly resistance (135.000) but still bullish on lower timeframe
Looking to react on strong resistance that was broken and now waiting for a retest and a confirmation to go up.
However, if the price come back to below the strong resistance we will look for downside movement
DeGRAM | USDJPY double toppedUSDJPY hit a major structural resistance level of 134.500 like a wall.
Price action formed a double top, indicating that the market cannot make a new high.
We expect some price relief or sideways move at the resistance.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY: Yen Decimation continues!!USDJPY
Intraday - We look to Buy at 133.29 (stop at 132.49)
The primary trend remains bullish. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. We can see no technical reason for a change of trend. Further upside is expected although we prefer to buy into dips close to the 133.00 level.
Our profit targets will be 134.99 and 135.50
Resistance: 135.00 / 137.00 / 140.00
Support: 133.00 / 130.00 / 126.80
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USDJPY(bullish) To be continued..As it seems according to the chart, the bullish trend is still continuing. The analysis shows that the current price level has never been hit since May 2002. Probably, the final target for this movement could be considered close to the resistance area at 136.510. Watch out!