USDJPY - Bullish price action ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: On Thursday will be released quarterly GDP in USA, if the actual is higher than forecasted it means strength of USD.
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Usdjpylong
USDJPY 4H : Support further rise upUSDJPY
New forecast
The USD/JPY pair continues to fluctuate around the support of the ascending channel, and is quietly creeping upward to reach the 150.00 barrier, waiting for this level to be crossed to open the way towards heading towards our next positive target at 150.55 and 151.00.
In general, we continue to favor the upward trend for the coming period unless the 148.74 level is broken and holds below it, as breaking this level will put pressure on the price to start a downward corrective wave for the rise that started from the 138.05 areas.
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 150.00 , 150.55
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY 4H (Pivot Price:149.44)
USDJPY
stabilizing above 149.44 will support rising to touch 149.95 then 150.29 then 150.60
stabilizing under 149.05 will support falling to touch 148.73 and then 148.39
Pivot Price:149.44
Resistance prices: 149.95 & 150.29 & 150.60
Support prices: 148.73& 148.39& 147.94
timeframe:4H
USDJPY 1H : Uptrend above 148.74USDJPY
New forecast
The USD/JPY pair faced negative pressure in the past sessions and tried to break the support of the ascending channel, but it maintained its stability above the support of the ascending channel, so that the upward trend scenario remains valid in the immediate and short term, awaiting achieving our goals, which start at 150.00 and extend to 150.55 after exceeding the previous level.
Therefore, the upward trend scenario will remain effective for the coming period supported by bullish channel and dollar strong ,The expected upward wave, which will remain in effect provided that the price remains above the 148.74 level.
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 150.00 , 150.55
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY Long Term SELLING Trading IdeaHello Traders
In This Chart USDJPY DAILY Forex Forecast By FOREX PLANET
today USDJPY analysis 👆
🟢This Chart includes_ (USDJPY market update)
🟢What is The Next Opportunity on USDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDJPY highest height Analysis ↗️ ↘️Hello Everyone 🙋🏽♂️
As we could see at the end of the descending channel,
we had a highest height breakout after that we have 2 scenarios after the price will bounce that zone or we could see double bottom before a bearish market will start or the price will break the zone 152 and a bull market will continue .
my most forecasting scenario is the double top with a descending channel
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We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP
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Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
GOLD READY FOR NEW ATH?! (4H UPDATE)🚀As you can see Gold dropped lower, but seems to have found support around Wave 2 (Wave Y), which was highlighted on the first analysis. Will keep an eye on this to see if Gold can push up from here next week. Anywhere from current market price is good to DCA & buy Gold. $1,868 - $1,840.
USDJPY I Weekly Forecast & Technical OverviewWelcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY 4H (Pivot Price:149.05)USDJPY
stabilizing above 149.05 will support rising to touch 149.62 then 150.08 then 150.60
stabilizing under 149.05will support falling to touch 148.41 and then 147.85
Pivot Price:149.05
Resistance prices: 149.62 & 150.08 & 150.60
Support prices: 148.41& 147.85 & 147.05
timeframe:4H
USDJPY 1D OUTLOOK USDJPY
Analyze
If a price can stable above 148.73 the direction will be uptrend again to reach 150.28 , 152.03 , 153.89
For any reason if the price backs off and stable under 148.73 , the price will try to reach 147.62 If can break it then will reach 146.19 and 1143.45
Support line:147.62,146.19 ,143.45
resistance line: 150.28,152.03 ,153.89
usd jpy good retest to buyHello, according to my analysis of USDJPY, there is a very good buying opportunity. We now notice a retest of the strong support at 137500. With a very positive green candle on the daily chart. The 200 moving average is also in the same area. This is evidence of the power of buyers at this level. good luck for everbody
USDJPY 4H : Continue at the bullish trend USDJPY
OUTLOOK
Trading in the dollar pair against the yen stabilizes around the level of 148.74, and we notice that the price is moving positively now, waiting for the price to be stimulated to resume the expected upward trend for the coming period, remembering that our next target is at 149.46.
The ascending channel provides continuous positive support for the proposed ascending wave, which will remain in effect provided that the price maintains its stability above the 148.74 level.
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 149.46 , 150.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY 4H : Still bullish USDJPY
OUTLOOK
The dollar pair against the yen continues to rise, reaching our expected target at 148.74 now, and we expect the upward trend to continue to exceed this level and open the way to achieving additional gains that reach the psychological barrier of 149.46 and 150.00.
Hence, the bullish trend scenario will remain valid and effective for the coming period, supported by the bullish channel, keeping in mind that the continuation of the bullish wave requires stability above the 147.80 level.
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 149.46 , 150.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Daily Wave Rider - USDJPY - BUY USDJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: EngB
BUY Stop: 148.444
Stop Loss: 147.488
TP01: 149.400
TP02: 151.312
DWR present as a buy setup on 25SEP, with Channel and Pivot are green bouncing of EMA10
However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
USDJPY 4H : Uptrend USDJPY
OUTLOOK
The USD/JPY pair shows more upward bias as it attempts to confirm a return to the ascending channel, reinforcing expectations of a continuation of the upward trend in the immediate and short term, recalling that our next target is at 149.46 and 151.50 ,but to be sure at the bullish trend should stable above 148.74 and then will rise up .
There for the bullish trend scenario will be remain valid effective supported by bullish channel in place provided that the price maintains its stability above the 147.80 level , remembering that stabilized under 147.80 will not finish the bullish attempts but it will postponed in the shot term .
The expect range trading for today it will be between the resistance line 148.74 and support line 147.80.
Support line : 147.80 , 146.40
Resistance line : 148.74 , 149.46
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY Long Term SELLING Trading IdeaHello Traders
In This Chart USDJPY DAILY Forex Forecast By FOREX PLANET
today USDJPY analysis 👆
🟢This Chart includes_ (USDJPY market update)
🟢What is The Next Opportunity on USDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
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
USDJPY | Perspective for the new week | Follow-upThings are heating up as the selling pressure surrounding this pair seems to be shifting gears. The US Dollar is riding high, boasting its loftiest daily close since March. What's fueling this surge? Well, it's all about the robust economic performance of the US economic docket.
Let's dive into the numbers—brace yourself for some impressive stats. The Producer Price Index (PPI) recently flexed its muscles, growing by 1.5% YoY. That's a notable leap from the prior reading of 0.8%, and it's left expectations trailing in the dust. Meanwhile, Retail Sales in August defied predictions, surging by 0.6% MoM, way above the estimated 0.2%. Not to be outdone, the US Department of Labor shared some encouraging news: weekly Initial Jobless Claims stood at a mere 220,000, down from 217,000, comfortably beating market consensus pegged at 225,000. These numbers collectively paint a picture of a resilient US economy and a notable rebound in inflation throughout August.
But here's the twist—the Federal Reserve (Fed) doesn't seem swayed by these developments. Market key player suggests that the Fed is likely to keep its interest rates steady at the upcoming meeting. In the background, the Fed's steadfast hawkish stance continues to give a nod to US bond yields and fortify the US Dollar's position—for now.
Now, let's pivot to the Japanese Yen's corner, where the plot thickens. The Bank of Japan (BoJ) has made its stance clear: they're not considering an exit from their ultra-easy policy unless wage and inflation data play ball. This leaves the JPY exposed to the maneuvers of its global rivals.
As we gear up for the upcoming week, we're bracing for a series of pivotal economic events, including the highly anticipated interest rate decisions from both sides of the Pacific. Stay tuned for the analysis that'll keep you ahead of the forex curve!
USDJPY Technical Analysis:
As highlighted in the video, the recent mild downward pressure is beginning to ease, and the odds of USD pulling back further have diminished. However, only a clear break of 147.950 will validate an uptrend continuation. In this video, we conducted an in-depth technical analysis of the USDJPY chart, carefully examining the current market structure which is evidently bullish. Our primary focus is within the key zone of 147.950, which will serve as our center of focus ahead of the upcoming week. The key level becomes an area of interest as buyers continue to knock this ceiling and a breakout/retest could incite a clear uptrend. The market's reaction around this area at the beginning of the new week will heavily influence the trajectory of price action in the days to come.
Join me on this journey as we explore potential trading opportunities using trendlines, key levels, and chart patterns. Be sure to stay connected to my channel, follow my updates, and actively engage in the comment section as we navigate the dynamic USDJPY market together.
Wishing you the best of luck as you chart your course in the USDJPY market this week.
#USDJPY #technicalanalysis #tradingopportunities #inflation #monetarypolicy #Fed #interestrates #economicanalysis #Forextrading
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
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Daily Wave Rider - USDJPY - BUY
USDJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: SBB
BUY Stop: 148.488
Stop Loss: 147.312
TP01: 149.664
TP02: 152.016
DWR present as a sell setup on 22SEP, with Channel and Pivot are green bouncing of EMA10
However, trade is not taken/considered as it differs from our Market Analysis Bias.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
Reference to our WK38 analysis, we are anticipating a sell on USD
Daily Wave Rider - USDJPY - BUYUSDJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: SBB
SELL Stop: 148.371
Stop Loss: 147.464
TP01: 149.278
TP02: 151.092
DWR present as a buy setup on 21SEP, with Channel and Pivot are red bouncing of EMA10
Trade is taken as it is within our Market Analysis Bias.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
USDJPY BuyToday was a volatile day for USDJPY due to the FOMC press conference, but based on current MA indicators and the DXY, I am expecting the pairing to continue long until tomorrow's JPY red folder event.
I have based my chart on the last time UJ saw current price points in November 2022.
Buy Entry: 148.450
Targets: 148.600 | 148.740 | 149.000 | 149.200 |149.400
Resistance 149.700
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