USDJPY possible short for 145.0517th August daily key reversal bar indication for weakness ahead. use low risk, reversal trade need patience & discipline. supply zone 146.30-60, target: 145.05. stop loss above 146.60 i.e. 147.00.
Usdjpyprediction
USDJPY possbile short for 139.403rd August daily key reversal bar, made a new high closed on the low, aggressive indication for short ahead usdjpy, take 2 positions by splitting risk equally, one cmp , one pending half % with 50% retracement. target 139.40, stop loss above 143.85.
USDJPY possible short for 139.40bearish order block range as supply zone 142.40-142.95. stop loss 143.15, target: 139.40. Non-commercials reduced 40k shorts by last 4 weeks while commercials reduced 40k long by last weeks signs for jpy bullish reversal.
USDJPY possible short for 139.6024th july daily inside bar range in between the previous bar range indication for weakness ahead. if inside bar fails then above supply zone for short 142.00-4300, stop loss 143.20, target: 139.60
USDJPY possible short for 138.50142.40-143.00 supply zone for short. stop loss above 143.00 i.e. 143.20. target: 138.50
USDJPY AnalysisUSD is much stronger than Japanese Yen. Japan economy is not in the good condition. As per my analysis Yen will remain weak for the whole next week. Better to look buying opportunity on it.
USDJPY BuyJapanese Yen seems more weak in next coming week. I believe it will fall against the USD, but while trading it, keep an eye on DXY. Because if you judge DXY perfectly, you will make handsome profit on it.
USDJPY BuyUSD seems stronger than JPY. I think JPY is weaker than all its pair. It is better to look buying setup on all JPY pairs next week.
USDJPY BuyJapanese Yen looking weaker, against the USD. I think every support is the chance to buy USDJPY.
USDJPYUSDJPY a strong support is reached, it is likely to react well. Wait for a good position to buy.
Although the trend is still bearish in the medium term.
Observe the money management and the stop loss.
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USDJPYAUDUSD analysis H2: opportunity to sell.
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Observe the money management and the stop loss.
USDJPY suspect more bearish for 137.00supply zone for short 141.20-142.00, stop loss: 142.50, target: 137.00
USDJPY BuyJapanese Yen is still weak and I don't believe that in coming days it will show strength till US will not start to decrease its interest rate. Every dip in USDJPY is an opportunity to buy it.
USDJPY is ready to flyLast week JAPANE has not increased its interest rate and by this JPY come again in weakness after some strength but from last Thursday USD took strength against the JPY. Better to watch buying opportunity on it.
USDJPY BuyOn Friday night USD fell badly just due to the speak from Federal Member. I believe it will rise again and will make new HIGH of this year. Better to buy on DIP as I already mentioned in the chart.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- By this time USDJPY was very well BUY with US ECONOMIC DATA being POSITIVE. And FED UPDATES were very POSITIVE. So the JPY automatically went down. The other reason is that MARKET RISK is OFF. And JPY WEAKNESS came according to their ECONOMIC PROJECTION. Therefore, with the SENTIMENT in the MARKET, the JPY became WEAK in a very short time.
- At the moment, the MARKET is taking a bit of RISK OFF, that's why the JPY is going up. According to our previous USDJPY ANALYSIS, the USDJPY UPSIDE WAVE is going UP around 155 ++ PIPS. I hope you get it.
- There is definitely a very high possibility that USDJPY will go down a bit and move to 147.561 LEVEL. The reason for that is because the MARKETS RISK is already on, so it can happen. After that, the USDJPY price can be SELL at 132.669 level by BREAKING the TREND LINE. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE. usdjpy
USDJPYEach person can see patterns in this chart based on their vision, such as triangles, wedges, or flags. Therefore, in my opinion, the template name is not very important.
Whichever pattern breaks, we will most likely see a sharp move in the same direction.
Observe the money management and the stop loss, the Fed is speaking today, and the Jackson Hole meeting is underway.
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USDJPY BuyThe market of USDJPY is in Bullish Divergence and also it taking support on Trend line which is giving strong indication of further bullish momentum.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- At this point, USDJPY was fairly well BUY with the emergence of some positive comments regarding US INFLATION DATA and RATE HIKE SENTIMENT in recent days. As a result, the USD automatically rose against the JPY. The other reason is that MARKET RISK is OFF.
- Right now, the MARKET is getting a bit RISK ON, that's why the USD is going down. For this reason, JPY is slightly higher against USD. Definitely, there is a very high possibility that USDJPY will move up to the 142.175 level. The reason for that is because JPY is STRONG compared to USD because MARKETS RISK is already ON. After that, the USDJPY price can fall to 131.627 LEVEL after a TREND LINE BREAK. We focus on MARKET UPDATES and MARKET SENTIMENT.
USDJPY Short OpportunityWe can see the weakness on the upside because it's hitting January 2002 resistance. Just check the monthly chart, you can see it there.
The trendline will be the confirmation if we will go bearish. Just wait to break the trendline and go short. We have long way down.
USDJPY Set Up IdeasAs you can see here, I see 3 possible scenarios for USDJPY. It's been in an uptrend for some. I mostly want to sell as you can tell since 2/3 of scenarios include UJ falling to 132.6. It hasn't seen that 132.7 high since 2002! So should it decide to go up, I'd prefer a deeper retracement, but with the "r" word looming in the US economy I'm not confident that UJ will break past the resistence zone of 136.7.
That being said, I'm a technical trader so whatever path the price follows, that's what I'll trade!
USDJPY Evening star pattern probability short for 133.00#usdjpy, Bar "A", "B", and "C" formed evening star pattern for short. 21st June bar "A" broke resistance to catch stop losses. Bar "B" inside bar confined within the range of the last bar. Bar "C" broke inside bar low confirmed weakness ahead. 133.00 first hurdle as a support if breach then next 132.30.
USDJPY bearish for 130.80#usdjpy, 15th June daily bar is key reversal bar dictating weakness ahead. while friday bar is quite bullish bar but not breached 15th bar high. So until price does not breach key reversal bar high my view is bearish. sell cmp 134.90 with stop loss 135.80 for target 130.80.
