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Usdjpyshort

DXY Top short term top is in short USDJPYThe dollar is in a secular downtrend. After a brief respite I expect the downtrend to resume. The BOJ is currently still defending their YCC and while they will continue this policy a while longer I expect it to be modified and eventually phased out. This will lead to higher yields globally but especially in Japan. This should help to strengthen JPY so I like going long Yen here. If you can't trade forex look at long FXY as a good proxy.
TVC:DXYShort
by The_Pain_Trade
This Trade Is Making Me Uncomfortable Normally, I’m sure of my trades. When I feel uncomfortable about a trade I normally don’t take it and most of the time that’s the trade that ends of making me money. However, when the trade loses I feel vindicated, but that’s a false feeling. Van Tharp taught a trader should write down our beliefs. I’m doing that. Mark Douglas taught traders to take every opportunity or else they end of creating false trading data. So, I have to trade even when I’m uncomfortable. So, now I have no choice but to find where this feeling is coming from. Let me explain: The 4 hour timeframe reversed this week and has now made two lower lows. I see this as price telling me to sell using my downtrend TMP strategy. What makes me uncomfortable is when I look at the 12 hour and daily timeframe, to me, price is still pushing up. I hate when my timeframes are off this way, but it doesn’t mean the trade can’t work out. Keep in mind, I’m not writing this post looking for answers or for someone to clarify this for me. I’m writing this to get my thoughts and feelings out and to push myself to trade the opportunity regardless of my feelings. So, am I in this trade? Yes! I have to be. It fits my rules to trade on the 4 hour timeframe. What makes me feel a little bit better about being in it is I decreased my position size. Recently I increased it and it has paid off, but a trade where I know my feelings are involved, I’d rather decrease the size, take the trade because it fits my setup, and let the trade play out. Who knows, I could win. If I lose, I can live with the small loss and setup for the next trade. Let’s face it, if we let out feelings get in the way of every trade we’d be holding ourselves back, right? This is the trader side in me sharing my thoughts and feelings. Most people won’t do this. I understand why, but sometimes letting the ego go to be real with yourself can help you more than making it seem like you have everything under control 100% of the time. -Happy trading my friends
Short
by ShaquanLopez
5
USDJPY H4 ZONE MARKINGWe have USDJPY H4 Analysis for Zone Marking. According to this analysis, we can see the price still running Above 200MA & price Running ascending channel using pattern of Higher High & Higher Lows This sign of buying pressure for more confirmation we have marked demand & supply zone which is mentionedin the downside. Demand zone1@ 132.276 to 131.460(Strong) Demand zone2 @ 131.000 to 129.648 (strong) Demand zone3 @ 128.525 to 127.759(strong) supply zone1@ 136.890 to 137.532 (Strong) Supply zone2@ 137.751 to 138.246 (strong) With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
by Enclave_fx
USDJPYHi USDJPY has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
USDJPY Ready for a large move southThis idea is one to watch and will be a good move if it happens. USDJPY took incredible Bull action last year, but has since been moving back down to previous support levels. We can start to see an incredible head and shoulder pattern forming. Key levels to look out for are the previous support zones around the 126-127 zone and especially the 115 zone which has been a historical key zone. Whilst in there as been short term bulish pull back, stepping back out to the daily shows there is more to this downside and a good entry zone currently.
Short
by dnsmith
USDJPY Long Term Analysis (4H Chart)Technical Analysis Summary USDJPY TREND ANALYSIS We have 1 Uptrend in green color Internal Trend (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice
by husseindergham
USDJPY | Perspective for the new week | follow-up detailsSince the last publication; price action moved over 400 pips in our direction (see link below for reference purposes) as the Greenback rose 0.6% to close the week just below the 135.000 zone. The Japanese yen was among the worst-hit Asian currencies as the US Dollar hit a six-week high against a basket of currencies after stronger-than-expected inflation readings and hawkish comments from Federal Reserve. This video illustrates what we should be expecting from the current market structure in the coming week as price action trades between the 133.900 and 135.000 range. 00:50 Reference to last week's daily commentaries and results 05:30 USDJPY analysis on Daily Timeframe 09:50 Macroeconomic event for the week 11:00 USDJPY analysis on the 4H Timeframe 13:10 Conclusion on next week's projections Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
1
USDJPY can begin to decline and break support line of wedgeHello traders, I want share with you my opinion about USDJPY . When observing the graph, we can see how the Japanese Yen formed an upward wedge and traded inside. You can also see how the price has retested the resistance area and bounced back. The Japanese Yen is now trades below the resistance area and can start moving down and break through the support line of wedge . I think that after a possible breakdown of the support line, the price can continue to fall and exit the wedge . Based on this analysis, I set 2 goals at level 134.50, which coincide with the support line and support level 133.65. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
7
USDJPY Analysis and Forecast (SELL) - 297 pips.This is a technical analysis for the USDJPY currency pair with a forecasted trade recommendation to sell. The entry point is at 138.683, with a take-profit order set at 130.012 and a stop-loss order at 141.659. The forecast for the USDJPY currency pair is bearish, with a recommendation to sell the pair at 138.683. The take-profit order is set at 130.012, indicating that the trader expects the price to decrease by approximately 868 pips. The stop-loss order is set at 141.659, limiting potential losses to around 297 pips in case the trade moves against the trader. The analysis is based on technical factors such as price trends, chart patterns, and technical indicators.
Short
by ProTradeSignals
1