Usdjpysell
USDJPY Re-Testing Resistance zone The pair has bounced off 21-EMA which is strong support at 132.12, weakness only on break below
Price action is above major moving averages and daily cloud
USDJPY-SELL++No change in view.
We remain short and will add shorts above 136.27 for now, when seen. It's a medium-term view, with the objective to see 130.17 and thereafter some consolidation move lower to 128.78. Monthly chart shows the possibility of 125.57 area for now.
USDJPY-SELL++No change in view. I added last at 135.13 and will add further above 136.00.
For now the strategy is to take profit @ 128.87 25% of position and balance @ 127.57. The pattern shows potential for larger decline based on weekly and monthly chart.
USDJPY SHORT (100 PIPS)Looking for a perfect short position of UJ worth 100 pips. Due to the rise of USD which made UJ form a perfect head and shoulder, i'm looking for a perfect sell scalp to 133.200 which serves as a support for UJ. This may serve as the breakdown point. If my breakout point gets breached, i'm looking for UJ to Short below 131.000.
USDJPY STRONG SHORT H4Market Structure: Invalidation of an uptrend
Area of Value: RSI Divergence
Entry: Bearish Candle confirming the divergence
Exit if Right: 3 Tranches on possible areas of support
Exit if Wrong: 1 ATR above recent swing high
RRR: 1:5
NOTE: RSI DIVERGENCE IS STRONG AS THERE ARE THREE SWINGS NOT SUPPORTED BY MOMENTUM BASED ON RSI
A comprehensive analysis of USDJPY prior to FOMC meetingHello traders, with the carnage that's going on in the Global Financial markets, it's really not a
surprise that US Dollar is gaining strength across the board. Adding fuel to the fire are the talks
of an upcoming recession and stock market crash.
With that in mind, let us take a look at what is happening in USD/JPY. As you can see, the price has
rallied very strongly over the last 3 weeks. Currently, USD/JPY is at a level that was last seen in 2002.
Keep in mind that price tends to react quite strongly at such historical levels.
With the FOMC meeting less than 12 hours away, I would refrain from placing any major bets on any currency pair
and I recommend other traders to do the same. However, if the price spikes to 135.30 or higher during the FOMC
meeting, I would try a sell entry with 130 as my TP over the next couple of weeks.
Keep in mind, that the above setup is strictly speculative and it would be invalid if USD/JPY breaks the resistance
level strongly.
Usd is ready to weak against YenHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about USDJPY.
We can see a strong resistence level near the CMP. and clear breakout of TL since 31 May. now we are expecting for a long term bearish move till previous high.
his is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
USD/JPY may drop some before it rise againNote: USD/JPY is in uptrend, there is no doubt here. So, selling USD/JPY is risky.
The FED is raising rates and BOJ is still holding their negative rates. So, as a carry trading method JPY is much weaker than the USD.
And BOJ already says they are not going to raise rates anymore. Now the question may arise, WHY am I in sell mode in USD/JPY.
Reason is simple, Everything has a limit. I think USD/JPY has reached its limit. As long as it didn't break above the 135.30, it is not going to up more.
If you see its last few days moves. The USD became strong against most of the major currencies but couldn't against the JPY.
That means the current price zone matters to the investors. If you think my logic is not strong, please you can skip it...
I think after tomorrow's rate decision the USD will be weak. Because the market is priced at a 75 BP rate hike. But my mind says, the FED won't raise 75 BP. rather they will rise only 50 BP.
USDJPY-SELL++The strategy still the same. We got a overbought currency pair, and judging the medium-term comparisons, building up a short should benefit over time.
The key is small leverages to be applied, and adding at certain intervals. Right now I added @ 135.12 and got my average now 134.43.
We will add again near 136.00. Profit order around 126.67 now.
Great Short ooportunity on USDJPY for swingAccording to Uptrand channel
to Divergence on CCI
Previous Level
Historic level
sell at 132.87 with 2 tp in the weekoverbought
monthly resistance max 133.15
dollars is at top
a correction is needed
sell at 105.10 and take profit at 104.15overbought in many time frame + rsi divergence
+ on monthly resistance around 105.05-105.35
also usdjpy is on resitance at 20 years high
when it will reach target i will put my Sl around 104.60 and let continue till it down asjusting Sl every 15 pips
USDJPY-SELL++No change in view.
The pair is heavily overbought medium-term and this requires a reasonable correction back to 128.37 and for long-term the correction likely to be near 125.16 or lower.
Strategy SELL @ 133.50-133.70 and again above 134.60-134.80 area is suggested.
Usdjpy Detailed view.As we say in our previous analysis market was ready to get back to the support. And now there is a proper reversal near resisterence and trendline
USDJPY-SELL++No change in view for the medium-term.
For now I added another position @ 133.13 and the average now is 131.94. The market is overextended daily, weekly, and the most monthly chart. The pattern no doubt is aiming for some higher levels, and for that reason we add relax a bit each time it goes higher, I will update when I have placed a next sell.
For now I expect correction back towards 125.57 medium-term and short-term profit order @ 127.87. It depends to the time-frame you wish to play.
Usdjpy Strong bearish move commingIn this chart we can see a long term bearish reversal in comming days. We will enter but after confirmation.
USDJPY METEO Anticipating any of these moves in the coming week... flexibility and risk caution... confirmation before entry
USDJPY-SELL++I have increased my short @ 130.75 awhile ago, and will add further on increases, which are possible. The view is medium-term, and not short-term, so from short term perspective we may have little more upside before correction sets in.
The focus is medium-term, and the level over overbought is high, not extreme for weekly chart and getting to extreme on Monthly chart.
the strategy is unchanged to build up shorts in but using small leverage.
The correction is likely to go towards 125.17 for now.
USDJPY: Never Ending Bull Run 🚀Trying to trade anything JPY is proving difficult as we experienced yesterday on EURJPY. The death of JPY just continues over and over.
I think the bull run will continue all the way into the key psychological level of 130 before we see any signs of buyers slowing down.
I won't set an order, I will set an alert because we are bound to see some manipulation around this key level.
Once the manipulation and play on price is complete around 130 THEN we may have the opportunity to join sellers.
Buyers got an easy breakout of the 'trend-line' which leads me to think liquidity and trapped sellers remain at the low.
This will be the target IF we locate a sell.
USDJPY-SELL++As expected we went little higher, and now am eyeing to ADD further SELL @ 130.70-131.00 when seen on opening Monday.
The DC is high up and we are showing resistance at previous high 131.5o area, and of course an increasing overbought status on weekly chart and much more extreme monthly.
Overall view is that we will see lower 125.17 for corrective reasons.
USDJPY 5-DMA local supportUSD/JPY extends range trade, cautious mood prevails ahead of US jobs report
The pair is extending rangebound trade for the second straight session, caution prevails ahead of US NFP data.
SHORTING UJ FOR 60 PIPSPrior to today's market closure, UJ recorded a low at 129.520 before a move upside. Expected a fall out at my rejection zone (130.050-129.920).
Expecting a rollover to 129.350's before the NFP data for June drops!!!
NB: Red BOx; Rejection zone
