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Usdjpylong

USDJPY WEEKLY PLAN UPDATEHI all I was aiming for a 50% retracement between the high (151.946) and the low (127.220) The USDJPY is currently slightly bullish following a breakout from the consolidation area. which has a highest price of 132.908 and a lowest price of 130.570 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. cheers
Long
by mytw0cents
UsdJpy- Two great targets for bullsIn my previous UsdJpy analysis I said that "131 holds the key for bulls" and after some volatility in this zone, bulls seem to have won the battle. At the time of writing the pair is trading at 131.50 zone and a daily close above 132 could signal more gains in cards for the pair. Targets for bulls could be set at the 135 zone and 140 in extension and only the price back under 130 would negate this bullish scenario. My previous UsdJpy analysis:
Long
by Mihai_Iacob
17
USDJPY - Daily Trade Idea - 10-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.
Long
by onelinkFX
1
USDJPY LongExpecting USDJPY to go into a buy if it can stay above Sunday's opening gap price of about 131.000 . The price has been bouncing between resistance price 131.500 and support price 130.500 so a break above 131.500 should be a good signal for a long. Buy Entry: 131.700 Targets: 131.880 | 132.000 | 132.165 | 132/360 | 132.530 | 132.700 Resistance: 132.850 Support/Stop Loss: 130.500 Be sure to like this post and let me know what you think in the comments below
Long
by DollarYenQueen
1
USDJPY - Daily Trade Idea - 9-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.
Long
by onelinkFX
1
USDJPY - Daily Trade Idea - 7-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.
Long
by onelinkFX
2
JPY weakens on BoJ rumor and strong US jobs The Japanese yen has fallen past 132.50 per dollar (from 129.00 last Friday), reaching its lowest point in four weeks following reports that the government is considering Bank of Japan Deputy Governor Masayoshi Amamiya as the next central bank leader. Amamiya is seen as the most dovish of the potential candidates, putting an end to hopes of the BoJ normalizing its monetary policy after years of ultra-easy measures. However, the Japanese government has since denied the rumors that they had approached Amamiya and maintains that the new BoJ Governor will be announced sometime in February. Recently, the Japanese central bank maintained its ultra-low interest rates and yield control policy, despite speculation of a policy change. Current BoJ Governor Haruhiko Kuroda stressed the need for a sustainable 2% inflation target, accompanied by rising wages. The yen was also affected by a strong dollar due to positive US jobs data, indicating that the Federal Reserve has room to raise interest rates. In January 2023, the US economy created a surprising 517K jobs, the largest increase since July and well above the 2022 monthly average of 401K, easily surpassing the market prediction of 185K. The job growth was broad-based, with the biggest increases in leisure and hospitality (128K), professional and business services (82K), and health care (58K). Last week, USD/JPY had a noteworthy 4-hourly candle close from a technical viewpoint, breaking through the descending trendline and the psychological 130.00 level. The new 4-hourky open was in the form of a Hanging Man candlestick, with no upper wick, indicating bearish stagnation or a reversal. If we do see some retracement the 200-day moving average could act as support just below 131.00. On the weekly view of the chart, upside resistance suggests 132.90, 133.90 and 134.40 could be points of contention for the pair.
by BlackBull_Markets
USDJPY, Side ways before the real move? USDJPY / 4H hello traders, welcome back to another market breakdown. This is an update on the last idea I shared on USDJPY. The price stayed at a range and might be waiting for the Fed's decision this week before making a move. USDJPY has been trading in a down trend. However, the price is trading at where stong bulls are expected to show up. Checkout the 2 plans I have prepared for this week for a short squeeze setup. Trade safe, Tarder Leo.
Long
by Leo-btm
17
USDJPY - Daily Trade Idea - 6-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.
Long
by onelinkFX
1