Usdjpysell
Choppy USDJPY to test the top of the channel.The price for USDJPY is consolidating at the bottom of the channel looking for another run to break the top of the channel. The bottom may be in but do not be surprised to see another fake out to the bottom. If you are already in the long, and in profit, you can take some profits off the table once price tests 116.5. Otherwise, I think we can wait for a better buy entry when price hits the oversold region of the 4hr RSI.
USDJPY SHORTUSDJPY breaking downwards and good to short at current point.
Very risky trade with very less SL and huge returns.
R:R :- 1:12+
Trade safe. Manage risk. Be profitable.
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More downside for the USDJPY but capped in a range.It looks like there is more downside to come for the DXY though the move will likely be capped in a range. This downward move can get some support at around the 114.6 or 114.2 levels before it hits the bottom of the range. What the price chooses to do at those levels will be largely dependent on what the central banks do. Is the federal reserve going to turn more hawkish than they already are? Or are they going to stick to the original plan?
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Look for more downside to continue Hi Traders,
USDJPY is shaping up to continue its bearish momentum. As we can see the volatility on Friday made another swing low to further this correction development. We still have room to fall and with the Russia and Ukraine situation happening, I suspect safe-haven currencies like JPY will continue its strength.
Waiting for a strong Impulse breakout followed by a correction before I enter this sell.
Whats your view on this pair ? Comment below and share your analysis!
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Good luck!
USDJPY LONG/SHORTUSDJPY is currently at a very crucial level.
It is facing a rejection from the previous resistance zone.
For LONG :- One can enter it once it closes above 116.5 in Daily TF for target of 118+.
For SHORT :- One can enter around 115.5 with a SL of 116.5 for target of 113 (SAFE TARGET).
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY, Hosoda "N" waveHere we are in the B1 Semiannual, with the price that has gone into double maximum, but I firmly believe that this level will be broken.
We are close to the closure of the annual (March 15th) and I believe the price is making the last sprint towards a new relative high.
If we project the last short uptrend by calculating 38.2% as the second restart point, we notice that the price would create a resistance at 117.28, called the Hosoda "N" wave; this level could be our entry point for a medium-term bearish trade.
The MCS is already in the phase of excess strength, just missing a new high and a signal to confirm this hypothesis.
Let's wait.
Looks like a sellHi Traders,
USD pairs has been showing weakness across the board recently and with a little volatility throughout the U.S session today, some corrections have been coming together as this week is is wrapping up.
As price is at the top of the ascending channel, a strong push down could give us CAB entry with some room to drop.
Good Luck!
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USDJPY: Breakout Trap ⚠️Have buyers been lured in with a clean breakout creating support? It is a possibility.
If this is the case, I would like to see some sells from this region.
The ideal entry would be on the pullback after the BOS but aggressive traders could consider this region.
For this sell to work, price cannot pass the high marked or the setup will be invalidated.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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USDJPY short on risk-aversion expectations Current US high debt along with Omicron variant triggering a spike in covid cases and border closings right after the FED and other central banks announcements to reduce liquidity may push investors to flight for safety and enter into risk-aversion mode creating demand for the safe-heaven currencies, including the JPY.
USDJPY | Sell on Strength USDJPY is trading in a short term symmetrical triangle. Sell on strength strategy can be adopted while following overhead trendline.
Alternatively, if it manages to break the overhead resistance the pair can become bullish and bulls will push the price to upside.
Trade your levels accordingly.