Usdjpylong
yen is looking strong USDJPY
broke out descending trendline during NFP data and little correction on Trendline and then will see a good bullish move towards mentioned resistance zone
Last week strength to Dollar give a new life to Yen. Which is suitable for long time at this time price needs a correction of it is done in our direction surely will go up from the support to make new High
upcoming fundamental will play a important role
DXY strong to the upside after FED meeting...DXY moving to the upside due to the interest hike by the FED, it means USD getting stronger, look for bullish for USD Pair at least for a week.
USDCAD - Bullish - as USD Strong, CAD (USOIL) will be traded to the south due to the slow demand as Operational Cost will be increased (USD).
USDJPY - Bullish - JPY so sensitive with the interest hike
#EURAUD- Going towards 1.5900 REGIONHello Traders, Hope you all doing great, so EURAUD had a nice rejections at previous daily low expecting a continuous a bullish momentum!
Entry Criteria!
-Enter when price break-through trendline of liqudity, that will be a safest entry!.
-Watch for price momentum when the 4H candles closes and then enter.
Good Luck, Trade Safe!
USDJPY BUY ZONEGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
USDJPY buy zone 128.500 and 127.900 and 127.400 SL 126.900. Risk 1%. Buy from monthly and weekly target area. First Target Standard, Global Target Return to Area 130.600 and 132.500
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
USDJPY showing mixed signals - Bullish starting biasDownward channel has been clearly performing over the last couple of months. Before we saw an INverse Cup and Handle which brough the price to our first target.
This continued downtrend however, is seeing potential signs of upside.
First the RSI is touching the 50 and has turned a Green backgroun.
The Price has currently broken above the channel, but will it last?
I am going to choose the bullish bias and set a target at 137.50.
If it turns back down it's going to 122.00. Hence I'm having a Neutral view with a bullish bias.
If that makes sense haha.
USDJPY - Short StrategyAccording to chart analysis, We can see -ve Divergence and price is at the support level. So we are taking a long.
USDJPY WEEKLY TRADE Hello traders
I'm looking for a 50% retracement after falling from the high of 151.946 and the low of 127.227.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
#USDJPY- VERGE OF BULLS TAKING OVER!!Hey Traders, USDJPY has have faked movement in last two months since we had BOJ news on interest rate, the pair had reversed from over previous setup on #USDJPY. However, most things has changed since then firstly we have undecided DXY movement we have not had a clear dictative move. Hence, as we have NFP next week we are eying for DXY to drop until Friday as traders are eying on the data to be supporting for DXY.
-Potential entry would be the area described in the chart, will keep you updated.
Trade Safe and Good Luck!!!
USDJPY - Daily Trade Idea - 1-Feb-23USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDJPY - Consolidation phase ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here we are in consolidation phase and price accumulates positions before tomorrow's news. I expect price to manipulate buy stop liquidity and then to distribute lower.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
UsdJpy- 131 zone holds the keySince the end of October last year, UsdJpy has dropped 2500 pips from top to bottom.
However, considering the rise of 50% of the pair since the beginning of 2021, this is just a correction of the long-term trend and, in fact, the pair seems to have found a bottom exactly in 50% Fibo retracement of this strong bull leg.
At this moment the pair is consolidating under the important 131 resistance, and a break above this level could lead to gains to the 135 zone resistance in the medium term.
I'm bullish on this pair, waiting for confirmation though
USDJPY (BULLISH) LONG BIAS!Hello all!
This pair looks interesting for next week! I have a LTF POI marked where i will watch and monitor the price of UJ before buying!
I am long-term bullish on this pair, however like i mentioned, in the case of price breaking below 126. The next monthly demand is down near 116!!
However, my projection is showing long, and until this monthly Demand Zone breaks, i will not think of selling UJ
Take care!
USD JPY : Buy limit at that postion USD JPY Forecast : BUY LIMIT
- We must wait for the JPY pair to reach this support area .
As it reach this area we can enter with buying position , but we must put stop loss for that trade .
USD/JPY : Possible Falling Wedge or is it False?USDJPY has been a in bearish market just like audjpy and just as such it also has had a recent bull rally that provided confluence to breakout the possible falling wedge resistant zone and also have candle closes outside however it could also be false due to the lower trend zone caused by the sudden drop in price which created a trend zone inside wedge where it looks like it has retested off what be the top of that zone.
Makes sense as price action is overbought currently so i can see a strong pullback after market open so that it can level out price action on indicators before the FOMC pushes it back up and out of the wedge and trend.
USD/JPY :: what do you think ?! is it possible ?!!USD/JPY :::
The purple channel is a large channel that easily covers the time frame of 4 hours .
The price is currently at the ceiling of this channel and the last important encounter of this price was in the smaller channel and all these corrective movements have created a triangle .
If the triangle is broken from above, the next few resistances will be broken like a domino, and the price will enter a new range .
USDJPY H1: Bullish outlook seen, further upside above 128.80On the H1 time frame, prices are approaching the support zone at 128.80, in line with the Fibonacci confluence levels and a throwback to this zone could present an opportunity to play the bounce to the resistance zone at 130.50. Stochastic is approaching support at 3.90 supporting the bullish bias. A change in market structure on the lower time frames, following the break of the most recent high could provide confirmation for a higher probability setup.
USDJPY BUYAlright a quick one on USDJPY I don’t have much to say on this Analysis, but on the H4 TF we Got a Trend line And it is Creating A LL & LH So on this Buy we are Looking on The 30min TF for A Highs to Be Tested which is my Fib Level of 61.8 Which is My Take Profits Area 131.819.
BUY USDJPY 159 pips
SL: 129.800
TP: 131.819
So let’s see how this plays Out
Thanks Guys
USDJPY falling wedge (DAILY CHART)usdjpy is forming a falling edge on the daily chart and the price is likely headed to the 126 - 124 area where theres a support on the daily and monthly charts. we will be looking for buys at that area and holding for weeks
USDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here we are bearish from daily perspective, so I am looking for shorts. I expect price to continue the retracement tp fill the imbalance and then to reject from bearish orderblock + institutional big figure 132.000.
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USDJPY: A Bullish reversal ideaBearish Indications
• As per Dow’s theory trend is bearish.
• Key resistance is at 129.570
• 4H Time-Frame overall trend is bearish.
• Seasonal Analysis of USDJPY remain Bearish in January.
• However Seasonal Analysis of JXY for past 10 years January remain bearish.
Bullish Indications
• 4H Time-Frame Higher Low is formed and confirmation of Bullish trend can be ascertaining once Higher High is established.
• On 15M Time-Frame a bullish trend of Higher Highs and Higher Lows is clearly evident.
• Bullish Engulfing/ Three White Soldiers candles are visible.
• Next Support is at 126.459
• Formation of AB=CD indicates a reversal is possible in area of 128.096 and signs of bullish candles put weight to this theory.
• Seasonal analysis of DXY for past 10 years indicates it to remain bullish in January.
• No Divergence is Spotted on RSI Oscillator.
Biased: Long
Plan A (Long)
Entry Long: 1.06255 (Fib Lvl 61.8%)
TP: 130.089 (Fib Lvl 38.2%)
TP2 : 131.937 (Fib Lvl 61.8%)
Stop Loss: 127.826 (Point D of ABCD Pattern)
Risk/Reward: 1:1.18
Manage your Risk Accordingly.
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#USDJPY Bull Divergence Building - DPO AnalysisBull divergence is building on the Detrended Price Oscillator indicator.
The DPO is a free to use indicator on Tradingview
Use the quick charts to find bottoms and average in over the next few days.
Use trail stop trend line with alert to tell you when to close.
USD/JPY :: Best Choice... .USD/JPY :::
Waiting for the triangle to break is a general view of the price trend, but if you are looking for a short-term trend, selling can be a good choice .
