USDJPY H4: Bullish outlook seen, further upside above 138.80Price is hovering above a key support zone at 138.80 on the H4 timeframe. A throwback to this zone, which coincides with the 78.6% Fibonacci retracement, could present an opportunity to ride the bounce to the resistance zone at 140.40, which is in line with the 78.6% Fibonacci retracement. Stochastic RSI is in the oversold region below 20, supporting our bullish bias.
Usdjpylong
USDJPY Long Term Selling IdeaHello Traders
In This Chart USDJPY HOURLY Forex Forecast By World of Forex
today USDJPYD 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 Video 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 LongOANDA:USDJPY
The price broke an important resistance a few days ago (horizontal black line). I will wait for the money back and after that, I will enter the long position. The stop loss may be activated and the price will go up to the green trend line. If it happens, I will update the idea and set a new long position.
BUY USDJPYThe trend is bullish. expecting the price to test the monthly supply level or zone at 149.495.
For short term traders, take profit at 140.858 if you are an aggressive trader. But you can wait until prices closes above 140.858 before you execute the trade to take your profit from 140.900 and 149.445.
isn't that a good trade?
Please like and comment.
Bullish Outlook on USDJPY- 5 Jun 2023Currently, there is bullish order flow, with higher lows and higher highs created. A break above upside confirmation at 140.80, followed by a throwback to support zone at 138.80, which nears the 78.6% Fibonacci retracement level, could provide bullish acceleration towards the resistance zone at 142.00, which coincides with the 100% Fibonacci extension level. Price is currently hovering above ichimoku cloud and 20 EMA, supporting our bullish bias.
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.
Japan Weakens - Invest in USDJPY Now!As you may have heard, Japan's economy has been experiencing some weakening lately. The country's GDP has declined for the past two quarters, and its government is struggling to stimulate growth. In addition, the Bank of Japan has been keeping its interest rates at harmful levels, putting pressure on the yen.
But what does this mean for us as traders? Simply put, it means that now is the perfect time to invest in USDJPY. Moreover, with Japan's economy weakening, the yen is also expected to weaken, making the USDJPY pair an excellent option for traders looking to make some profits.
So, what are you waiting for? Take advantage of this opportunity and invest in USDJPY now! You could make some serious gains with the right strategy and some luck.
As always, I recommend researching and analyzing before making any investment decisions. However, if you're looking for a good investment opportunity, USDJPY is worth considering.
I hope you found it informative and helpful.
USDJPY Upside PotentialHey Traders! 👋
For Day 21/100 of our challenge, we will look at USDJPY upside potential this week.
Technicals:
- Currently on pivot area (expecting support to form)
- But price is still creating LLs-LHs
- Better to go long above 139.600
- Target previous high 140.800
Fundamentals:
- Market to price in higher probability of rate hikes as positive data continues to support this narrative
- BoJ remains with dovish policy and no changes are foreseen in the near-term
USDJPY - Long from discount zone ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H perspective, so I am looking for longs from discount zone. My point of interest for long position is if price makes a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: This week on Friday we have news on USD, will be released monthly NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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USDJPY: fed hawks and new developments!USD/JPY eyes 141.00 as upbeat US households’ spending supports hawkish Fed stance
Fundamental technical analysis:
The market price line is being consistently followed by the 34 EMA, resulting in a stable uptrend over a period of time. The RSI has returned to a safe and stable level of 60.5. To minimize the FVG zones, there is a forecast of a slight sideways trend before the news is released.
Financial market analysis:
The US Dollar (USD) slightly bounced back after a brief dip in profit-taking during the day. This was due to the US Bureau of Economic Analysis (BEA) reporting an increase in the headline PCE Price Index by 0.4% in April, compared to the previous month's 0.1%. Moreover, the yearly rate accelerated to 4.4%, exceeding expectations for a fall to 3.9% from March's 4.2%. Further details showed that the Core PCE Price Index, which is the Fed's preferred inflation gauge, increased to 4.7% from 4.6%, beating consensus forecasts.
These results reinforced the market's belief that the Federal Reserve (Fed) will keep interest rates at higher levels, which supports the Greenback. This, in turn, acts as a tailwind for the USD/JPY pair. Currently, the markets are predicting over a 50% chance of another 25 bps lift-off at the June FOMC meeting. This is supported by a rise in the US Treasury bond yields, which widens the US-Japan rate differential and encourages the flow of funds away from the Japanese Yen (JPY).
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 BUYhello usdjpy pair. He has reached an important stage. The price is now at a strong support, with a retest of the double button pattern. With a positive candle on the daily chart. Humiliate to a strong entry of buyers. to climb again 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
USDJPY the week ahead : Three white Soldiers seen at USDJPYThis is a follow-up post of our previous analysis with USDJPY. As we expected the currency pair given breakout at the level of 139/140. It has formed a Doji candle on one day chart, gave confusion to retail traders as that Doji was formed after continuous bull candles and appeared nearby the resistance area. It was able to manage to give a breakout and stay strong above 140 levels.
After the breakout, it has formed three white soldiers which is indicating a strong buy towards the said target of 145 / 150. Expecting the first target by the NFP data release date ( First Friday of June month )
Weekly movement Predictor :
Monday = Neutral/ Slight Bearish ( US holiday: Memorial Day )
Tue, Wed = Bullish
Thursday = Bearish
Friday = Ultra Bullish.
You can use stop loss or USE trailing Stop loss 136 region where 20EMA is seen.
USDJPY LONGThe pressure from the sellers is pushing the market up to clear out the present inbalance in liquidity presently 72% from all retail traders on IG market is on the sellers side, it's always good to stay off the crowd. Personally i think it will take us up around $148.739 so sit tight mate enjoy the ride.. patient is keyyyy...
USDJPYas we look at the chart usdjpy, and see on weekly where it drop after reaching 151 price line market has return where it breaks out as seen on the chart with trend line my conisidration is that look daily chart and get confirmation on 1h chart frame for long sell. this is not financal advice. #usdjpy
USDJPY | Perspective for the new week | follow-up detailsThe USDJPY fell 0.54% to 137.955 on Friday after data showed that Japanese consumer inflation rose back to a 40-year peak in April, putting pressure on the Bank of Japan to adjust its ultra-loose monetary policy. However, news of constructive talks to end the current debt ceiling impasse in Washington raises optimism that a deal can be reached to avoid a damaging debt default. This video illustrates the technical side of the market, as we try to consider the fundamental factors that might affect buying or selling of this pair.
Disclaimer:
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You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.