USDJPY | Perspective for the new week | follow-up detailsEconomic data coming out of the US economy has pointed to slowing economic growth, as the increased sentiment that the Fed may pause its tightening policy lingered across the market. The market sentiment is clearly attaching more recessionary risks to the dollar, but when we look at the charts from a technical standpoint, price action is currently sitting in a strong demand zone at the 131.000 level. An area that has favored buyers for over 10 months now. With nonfarm payrolls out of the way, all attention is now focused on next week's US consumer price index (CPI) for the month of March (amongst other high-impact events). This video explains in detail what to look for on the chart in other to take a position in the coming week(s).
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Usdjpyidea
USDJPY: Seller entry!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️
Over the past two decades, the percentage of the global market held by the US Dollar has fallen from 71% to 59%, and there is a possibility that it could decline further in the future. This poses a significant threat to the United States as the use of different currencies in global trade is a zero-sum game, meaning that whenever a currency other than the US Dollar is used in international trade, it reduces the use of the Dollar. Therefore, if reliable alternatives to the Dollar become more popular, it could compromise America's dominance in the global market.
Note: Full TP, SL for winning the market and safe trading!
Don't Buy USDJPY in Short Medium TermTechnical Analysis:
- As you can see in the chart, USDJPY is doing a abc correction in red
- We expect USDJPY will be continuing down on next week
- H1 Right Side is turning up
- H4 Right Side is turning down
Technical Information:
- We'll like to sell USDJPY when wave 4 in black is done around FWB:124 and like to buy at around HKEX:115 when the correction in wave c in red will be completed
USDJPY top-down analysisHello 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 BUYWelcome. According to my analysis of the USDJPY pair, there is a high possibility of a bullish move. With a rising flag. The market is now trying to break the strong resistance at 133.500. good luck for everbody.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
USD vs YEN | USDJPY IdeaHi traders!
As you can see, the long-term trend of the USD/JPY price chart is bullish.
But in this direction there are lines and areas that show resistance against price growth.
So we will wait for the price to break the first resistance zone ( it's around $133.80 ).
USDJPY Dollar vs Yen FX:USDJPY
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
USDJPY: America on verge!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
China is aiming to establish its currency, the yuan, as the major rival to the dollar in global trade. It has established new alliances with Russia and other nations that are ready to conduct direct transactions in Chinese yuan. It is not surprising that Russia is taking steps to undermine the dominance of the U.S. dollar, as Western sanctions have tried to exclude Russia from worldwide financial operations, which has led the Kremlin to seek substitutes such as conducting international trade in rubles, yuan, or even gold. The current concern among U.S. officials is that Saudi Arabia may announce its decision to stop pricing oil exclusively in dollars, which would officially mark the end of the dollar's role as the world's reserve currency.
Note: Note: Full TP, SL for winning the market and safe trading!
20 Reason for Buy USDJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: a bullish trap and, after it, a solid inside candle
2:📆Monthly: confirm high and choch market making a deep corrective move now may make a further down base more significant trend
3:📅Weekly: choch and fresh high market going down, forming a low
📈 7-Dimension Analysis
🟢 Analysis Time Frame: Daily
Price Structure: The price structure is currently bullish, indicating a potential upward trend.
Pattern Candle Chart: The failed head and shoulder pattern, as well as the twizzer pattern, suggests that the market may be experiencing a shift towards the bullish side.
Volume: Although there is a significant amount of bearish volume in the market, the price is not able to make lower lows, indicating that the volume may be an execution sign of the end of the bearish move.
Momentum (UNCONVENTIONAL RSI): The RSI is currently between 60 and 40, suggesting a consolidation or sideways movement, with multiple supports at the 40 level.
Volatility Measure (Bollinger Bands): The market is exhibiting a classic W pattern, indicating a potential trend reversal.
Strength (ADX): The ADX is almost neutral, suggesting that the market is in a period of consolidation.
Sentiment (ROC): Using the rate of change, the USD is currently stronger than the JPY.
✔️ Entry Time Frame: H1
Entry TF Structure: The H1 structure is bullish, indicating a potential upward trend.
Entry Move: We need to wait for the end of the corrective move before entering the market.
Support Resistance Base: We need support of the OB current move.
FIB: Drawing a trendline from the upper side breakout is necessary.
☑️ Final Comments: Wait for the correction to end before entering the market.
💡Decision: Buy
🚀Entry: 131.856
✋Stop Loss: 131.490
🎯Take Profit: 133.686
😊Risk to Reward Ratio: 1:4.63
🕛 Expected Duration: 5 days
USDJPY- LONGPerfect Idea to think about going long on USDJPY; Hey Everyone, hope all of you are doing great, USDJPY is still in bearish trend and long term approach is to buy at our buying zone to catch the maximum pips when it reverse. However, we have NFP this week friday it will be crucial to see how price reacts to it.
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USDJPY top-down analysisHello 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 top-down analysisHello 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 top-down analysisHello 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.
BUY ANALYSIS ON USDJPYThere are multiple confirmations for this buy trade. Firstly we have the change in market structure. secondly, we have the inverse head and shoulder pattern. Thirdly, we have the break out of the trend line after 3 touches. We can also see price try to break the support zone but it could not. So therefore, we await the retest of the trend line before we go long. Thank you
USDJPY Possible Long SetupUSDJPY broke major resistance that now is a major support on daily timeframe, and this major support coincides with the area of our ascending daily trendline, I believe that the price will touch it, and then it rejects, giving us a good entry for long, I will wait for confirmation and update the idea.
20 REASONS FOR SELL USDJPY🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: a bullish trap and, after it, a solid inside candle
2:📆Monthly: confirm high and choch market making a deep corrective move now may make a further down base more significant trend
3:📅Weekly: choch and fresh high market going down, forming a low
4:🕛Daily: the price is near to prices support a sharp fall
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: dearish inner
6: 2 Pattern Candle Chart: long wick
7: 3 Volume: good volume at the bearish candle
8: 4 Momentum UNCONVENTIONAL Rsi: super bearish zone
9: 5 Volatility measure Bollinger bands: walking on the band
10: 6 Strength ADX: sharp bear dmi up,
11: 7 Sentiment ROC: jpy stronger
✔️ Entry Time Frame: h1
12: Entry TF Structure: right now is bearish,
13: entry move: impulsive
14: Support resistance base: h4 d1
15: FIB: trigger event done
wait for the trend line breakout
☑️ final comments: sell at the opening
16: 💡decision: sell
17: 🚀Entry: 130.604
18: ✋Stop losel:131
19: 🎯Take profit:128.800
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 2 days
From bearish to bullishSince 15 March the market has been bearish and creating fractals along the way, both bullish and bearish. The fractals formed significant areas which were fairly being mitigated and respected. After the first liquidity sweep the market pushed up, got rejected by the fair value gap then made a pullback to the invalidated demand zone and broken through to make another liquidity wipe out as anticipated. With this current bullish move, price already invalidated the breaker, I foresee the market going up to trigger the internal liquidity for a short sell, then continue with this bullish market…