Usdjpylong
USDJPY: Potential Buying Opportunity Ahead Hello traders.
Looking at the naked daily charts on USDJPY, I sported a key level of Support and Resistance where I do expect the price to rise from there.
Moreover looking at the recent price action we can see pin bar which is a great signal of price rejection from the level.
For safer entry we shall switch to lower time-frames, putting other factors into consideration.
What is your option on USDJPY? Please comment , like and follow for more.
I kindly appreciate that 🙏, Nivea trading 🙌
Bullish Reversal to USDJPY on 1H timeframeAn emergence of a divergence in the USDJPY pair in a 1H timeframe signals a potential reversal to a bullish trend . Furthermore, I could see there was an evident falling wedge pattern that could be witnessed, signaling a possible opportunity to long the position
Strategy to approach this potential long trade for USDJPY:
1) Wait for the price to break previous LH.
2) Based on the calculation of lot size of 1.13, I would place a Buy stop on breakout point at 130.518
3) Stop Loss - 129.623
4) Keeping the risk/reward ratio to 1:1, I kept the Take Profit 1 level at 131.507
Strategy once Take Profit 1 is achieved:
1) Once Take profit 1 is achieved, I will revise the Stop loss level to the previous Take Profit 1 level i.e. 131.507 for breakeven.
2) For the 2nd leg of the trade my Take Profit 2 is 132.507
USDJPY : LONG (Inverse Head & Shoulder)according to my analysis (inverse)head & shoulder pattern used to place pending orders, it can be an effective way for traders to take advantage of potential price movements in the market. By carefully analyzing key levels, setting appropriate levels, and managing risk with stop-loss orders, traders can increase their chances of success in the markets
Thanks
USDJPY LongThis idea is still valid yesterday I gave The idea about USDJPY and it didn't confirmed the break out AND Price went falling down but USD JPY IS still we can long .wait for the Divergence confirmation once the Bullish divergence Confirmed We can enter to the long position. My target is DM(Daily mid) line. This is my personal view about this currency. Lease do your own research and follow your trading rules....IF u like to my idea pleas give me a boost and follow me through Trading view.
USDJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. I expect price to continue the retracement as on MACD we have normal divergence which indicates bullish price action. As well I see price to fulfill the imbalance higher and then to reject from bearish order block for a short position.
Fundamental analysis: Tomorrow we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. The raise of interest rate means strength of currency this could support our bearish price action.
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USDJPY SellUSD/JPY consolidates the biggest weekly loss since January while bouncing off a five-week low to 132.50 during early Monday. In doing so, the yen pair tracks the recovery in the US Treasury bond yields to begin the key week on a firmer footing after marking a three-week losing streak in the last.
That said, the US 10-year Treasury bond yields rise six basis points (bps) to 3.49% while the two-year counterpart also adds five bps to print a 3.93% coupon at the latest. It’s worth noting that United States two-year Treasury bond yields marked the biggest weekly loss in three years while the 10-year counterpart dropped the most since early January.
USDJPY h1 main trend is still down. The price is currently in a short correction span. With this pair, traders can wait to sell down around 133.40, SL: 134.00, TP: 131.70
USD-JPY: TRADE SETUP (REVERSAL PATTERN= FALLING WEDGE)USD-JPY is expecting to have reversal move from its current position. This can be observed via Double Bottom Reversal Pattern as well as the presence of Divergence. The trade setup is designed for a LONG TRADE option for this FOREX Pair including with a projected price.
USDJPY BUYWe are Looking to Buy USDJPY for about 250 pips plus, so basically we are Currently waiting for confirmation to buy Waiting on price to Create A W pattern which means price create Higher Highs and higher Lows, Breaking the Trend line before we can take our buys So tell me what you think about my Analysis and Also About UJ.
USDJPY SellThe surge in yields and the bullish run in stocks have propelled the USDJPY upwards. The price recently peaked at 133.66, slightly above a swing area between 133.50 and 133.652, as well as the falling 100-hour moving average at 133.696. The current price is trading at 133.54. A breakthrough above the 100-hour moving average would lead traders to target the retracement level from last week's high at 134.069. For now, sellers are leaning against the resistance.
USDJPY h1 main trend is still down. After a correction at the end of yesterday, the pair is currently showing signs of continuing to decline. Recommended sell to current price 133.40, SL: 134.00, TP: 132.20
USDJPY Long Hello everyone,
I'm back at it again with another swing analysis drop for UJ. In this snap shot we can see that there is a double bottom formation which indicates and gives confirmation that we are in a bullish market. Currently we will be waiting for a swing to our supply zone, once we see that price is rejecting in our supply zone and begins to drop to our demand zone and holds off there, we have a confirmation to take our buy. I am open to all feedback from anyone and everyone to make my analysis better for myself and whomever views this. If you agree with my analysis or have a similar set up, please drop a comment and give this post a like.
Thank You
USDJPY H4: Bullish outlook seen, further upside above 130.80 On the H4 time frame, prices are showing bullish order flow with higher lows and higher highs seen and a throwback to the support zone at 130.80, which coincides with graphical support zone and 78.6% Fibonacci extension could present an opportunity to play the bounce to the resistance zone at 134.50. Stochastic exited the overbought region and we are seeing a bullish divergence which supports the bullish bias.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
- All MARKETS including STOCKS and COMMODITIES are going down slightly due to MARKET RISK OFF.
- There is definitely a high chance that USDJPY will go UP a bit more and move to 135.610 LEVEL. Anyway, USDJPY price can go down to 124.739 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.