Usdjpyshort
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
- All MARKETS including STOCKS and COMMODITIES are going down slightly due to MARKET RISK OFF.
- There is definitely a high chance that USDJPY will go UP a bit more and move to 142.35 LEVEL. Anyway, USDJPY price can go down to 130.642 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I look price to continue the retracement to fulfill the imbalance and then to reject from bearish order block + institutional big figure 136.000.
‼️Attention!!! Due to the fact that we have news events on USD this week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
USDJPY is exactly moving according my analysis USDJPY is exactly moving according my previous analysis and nicely hitt our two main targets ( tagged ).
Now market is at trend resistance and horizontal resistance zone is also here.
So I expect some retracment back before bullish move.
You can sell from here to the support with small SL.
And buy from trend support for our main target 3.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
Market Update: Bullish Signals for USD/JPYThe USD/JPY market has seen some positive developments recently, with several bullish signals emerging that indicate that price action is still in favor of the bulls.
One of the most significant indicators of this bullish trend is the break above the 100 EMA (Exponential Moving Average). The 100 EMA is an essential technical indicator used by many traders to gauge the overall trend of an asset. When the price breaks above the 100 EMA, it signals a potential shift in the trend, from bearish to bullish, in this case.
In addition to the 100 EMA breakout, the Lorentzian Classification is also showing a 2-4 bullish price point, further supporting the positive momentum in the market. The Lorentzian Classification is a technical analysis tool used to measure the market's volatility, and it is indicating that there is a strong likelihood of bullish price movements.
However, while these bullish signals are a good sign, it's essential to note that caution is still necessary. To consider a swing short, traders would like to see the price come below the trend line and the 100-day EMA. This is because the trend line and 100-day EMA are critical support levels that need to be broken to confirm a bearish trend.
If the price breaks below the trend line, traders should wait to see if it retests off the 100 EMA or if it breaks below it. It's important to note that the market has only just broken out above the 100 EMA and retested it, so it may need further confirmation before any significant price movements occur.
If the price breaks above the resistance zone at 135.00, traders should look to take a long position up to 137.000. However, it's important to remain vigilant and monitor the market closely for any changes in the trend.
In conclusion, the current market signals suggest that price action for USD/JPY is still in favor of the bulls. However, traders should exercise caution and wait for confirmation before making any significant trading decisions.
Thank you for reading our market update. Stay tuned for more updates on the latest market trends and developments.
Sincerely,
The Finance Academy Trading Team
OfficialB1gFudg3
USDJPYfrom the fundamental aspect of things USD didnt do well during their inflation rate report.
FORD made statement about deploying about 30k of their workers.
so USD MIGHT not be strong enough this quarter. but they all always have strenght in them tho.
so lets take the risk
trade carefully '
risk properly
and follow for more content like this
[UPDATE] Trade Triggered In We Go....Ok quick update on the idea posted last week as expected we got the move up to the 134 area and my TRFX indicator has just give a SELL signal giving us the green light to enter this position.
Stop loss is well above 136 the target as explained is the 125 area as the position moves in our favor we will be taking part profits and using a trailing stop. This position will likely take several weeks or maybe longer to play out with nearly 900 pips on profits on the table.
If you would like to know the full reasons behind this setup read the related post below.
USDJPY H4: Bullish outlook seen, further upside above 132.80On the H4 time frame, prices are showing bullish order flow with higher lows and higher highs formed and a throwback to the support zone at 132.80, in line with the 23.6% Fibonacci retracement and 61.8% Fibonacci extension levels could present an opportunity to play the bounce, with 137.80 as the resistance target. Failure to hold above the support zone at 132.80 could see prices push lower to the next support area at 130.50. Prices are also holding above the 20 MA supporting the bullish bias.
USDJPY - Expect bearish price action ✅Hello traders!
‼️ This is my perspective on USDJPY.
I expect here bearish price action as price took out buy stop liquidity above equal highs and formed a normal H4 divergence which indicates bearish move.
‼️Attention!!! Due to the fact that we have news on USD this week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!