Usdjpyidea
USDJPY Analysis H1Here is my analysis for USDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/JPY with plan trading week : 25.09 - 29.09.2023H4 frame - we can see that UJ is following an uptrend.
However, recently there have been signs of light selling - a normal occurrence when encountering resistance zones.
Trading plan, watch SELL at 150.7
If Buy, wait for the signal at area: 146.6
Currently, UJ is in the middle zone, so we encourage followers to wait for good signals
Celebrate the Weakest Japan Yen in 10 Months - Long USD/JPY
The Japan yen continues to display its weakness, hitting a 10-month low against the US dollar. It's time to seize this golden opportunity and consider going long on USD/JPY!
The recent trend in the currency markets has shown a remarkable decline in the value of the Japan yen. As traders, we know that such fluctuations can present us with incredible prospects to maximize our gains. The current situation offers a perfect chance to capitalize on the yen's weakness and leverage the strength of the US dollar.
Why should you consider going long on USD/JPY? Well, let me share some compelling reasons:
1. Weakest Japan Yen in 10 Months: The yen's value has been steadily declining, reaching its lowest point in the past 10 months. This trend suggests a potential for further weakening, making it an ideal time to take advantage of this market sentiment.
2. Favorable Economic Factors: Various economic indicators point towards a stronger US economy, including robust GDP growth, improved employment rates, and increased consumer spending. These factors contribute to the strength of the US dollar, which can further drive USD/JPY in your favor.
3. Technical Analysis Signals: Technical analysis enthusiasts will be delighted to know that several indicators are aligning to support a bullish outlook on USD/JPY. From moving averages to trendline breakouts, the charts are painting a positive picture for this currency pair.
Now that you're aware of the exciting opportunity at hand, it's time to take action! Consider going long on USD/JPY and ride the wave of the yen's weakness. Remember, successful traders are the ones who spot opportunities when they arise and take calculated risks.
As always, it's crucial to conduct your own thorough analysis and risk assessment before making any trading decisions. Stay informed about market developments, keep an eye on economic news, and consult with your trusted advisors to ensure your strategies align with your investment goals.
Wishing you a joyful trading journey filled with profitable endeavors!
XAUUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Going downAs we all know, the news that is coming this week is going to dictate how the market is going to play out. My chart analysis shows that Elliott wave from BC is almost complete.
I predict that over the coming weeks/months the US dollar is going to sink, this was originally fueled by the news that Mike Burry has bet billions on the Nasdaq crashing. That would bring about a drop in the DXY, gold through the roof, and dollar pairs under your desk.
The question is when? well, has Mike Burry gone too early again or is he on time this time.
We will have to wait and see.
Published 19th September 2023
"USDJPY: Watching 148.80 for Reversal"The USDJPY currency pair is currently on an upward trajectory, approaching the key resistance level at 148.80. It's worth noting that in October of the previous year, the price experienced a significant downturn from this same level. Given this historical context, there is a reasonable expectation that a similar price reversal may occur this time as well.
Should the daily candle manage to close above the critical resistance point at 148.80, it could potentially signal a further bullish extension towards the next target at 150.10. However, our strategy entails a bearish outlook. We plan to initiate a sell position at 150.10, with a target set at 145.55. This target aligns with the trend line support, which suggests a potential bearish move in the market, mirroring the historical precedent of price declines from the 148.80 level.
🔥1st Sell Entry - 148.80
🔥2nd Sell Entry - 150.10
👇TP - 145.50
🔴SL - Join Our Channel
USDJPY: Confidence in the uptrend!USD/JPY consolidates in a tight range around 147.40 ahead of US UoM confidence data
The USD/JPY pair consolidated its recent gains in a tight range below the mid-147.00s during the first hour of Asian trading on Friday. The stronger US dollar (USD) is underpinned by strong US economic data. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value against six other major currencies, held above 105.35, near its highest daily close since March. The pair is currently trading near 147.45, losing 0.02% on the day.
USDJPY Analysis 14Sep2023In my opinion, there is a chance that prices may continue to rise slightly to the QM area before experiencing a bearish correction. If you wish to engage in short-term speculation, it is important to be mindful of your money management practices.
USDJPY - AnalysisUSDJPY
W1 - Uptrend, targets that we can potentially reach 167.571
The nearest target is 157.460 - from this level a correction and further upward movement may follow, as well as a possible trend reversal. When reversing, you can expect a three-wave structure; if the trend changes, global targets may be 137.806 - 127.111
What can you expect?
Continuation of the upward trend - the target can be set at the level of 152.028 - 157.460
Long
Targets – 148,299 - 149,139 - 149,907
Long-term perspective - goals 152,028 - 157,460 - 167,571
USD/JPY coming to the strong resistanceUSD/JPY has been consolidating in a narrow range of 145-147 for the past three weeks. The pair is demonstrating an accumulation and should breakout soon. The reversal zone is a big potential, at least for 100 pips.
The hurdle for raising rates this month is higher, implying the possibility for US Dollar falls.
Next stronger reversal zone possibility is at around 148.80, but light shorts right now can be placed.
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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: Fibonacci!During the Asian session on Tuesday, USD/JPY is struggling to rebound from its losses in the previous day. The pair is treading water around 146.60 as market participants await the release of the US Consumer Price Index (CPI). The downward pressure on the pair can be attributed to both bullish comments made by the Bank of Japan (BoJ) and a lackluster performance by the US Dollar (USD).
Governor Kazuo Ueda's recent remarks indicate that there is a possibility that the Japanese central bank may consider reversing its negative interest rate policy. This development has added further uncertainty to USD/JPY movement in recent days.
USDJPY: BoJ has a strong influence on the position of the currenThe USD/JPY pair broke its winning streak of three days, trading lower around 147.40 in the early hours of Wednesday's European trading session. The currency pair retreated from its recent highs reached on Tuesday, marking a new high since November 2022. The pair is facing downward pressure following a statement from Japan's top currency diplomat, Masato Kanda, according to Reuters' report.
USDJPY Analysis 10Sep2023USDJPY price movements are still in accordance with the latest analysis. Although bullish, it is still most likely the price will be stuck in the QM area. If you want to do a short, it's better to hold it first until the price is in the QM area. Seeing the RSI indicator that also looks saturated and divergent occurs, then in a time that is not too far can occur bearish.
#USDJPY: 200 PIPS SETUP!!Dear Traders,
After recent data related to NFP came out to be in support of USD price have reacted positively, though overall data still indicating strong upcoming downtrend on USDJPY.
Wait for price to come to our region at the rejection please enter accordingly.
If you like our work then please comment and like the idea.
Thanks as always for showing support!!!
USDJPY: Liquidity!USDJPY needs to create a small amount of liquidity to pick up momentum again!
In terms of technical factors, the psychological barrier is providing very good support at 146.159
Thank you for reading! ❤️
(USDJPY) : Obvious Uptrend on the Daily ChartHello guys, I hope you're all doing well. For USDJPY, I think the price will still stay upward and continue slowly (between the upward parallel channel) till the 151 area, and then we could expect a reversal or even breaking the major resistance. In my opinion, breaking the resistance has a better chance than reversing it. Finally, I'm looking for the best moment to place my order.
May you all be PROFITABLE,
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Prediction H1Here is my analysis for USDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDJPY ideaPrice is making HHs and HLs and is currently at the crucial resistance zone where divergence is also created. Hopefully, it will change its character after being rejection from this resistance zone.
BluetonaFX - USDJPY Potential Bull Flag PatternHi Traders!
There is a potential bull flag forming on the 1D USDJPY chart. Our bullish outlook on the US dollar continues, and the potential bull flag here is supporting this. We are currently in the flag channel, and we are looking for a break to the upside of the channel. The important price level here to look out for is 146.564; this is August's high, and we must break this level to continue to the upside.
A break with momentum above 146.564 and the psychological level of 150.00 will be in sight.
That being said, though we are bullish, as always here at BluetonaFX, we do not get attached to a view and must be ready to adapt at all times. If 146.564 does not break, the potential bull flag will fail and the market will most likely pullback, so we will look for selling opportunities around this level.
Please remember to like, comment, and follow, as your support greatly helps.
Thank you for your support.
BluetonaFX
