Usdjpyshort
USDJPY - Short active ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here I expect bearish price action from here as price filled that huge imbalance and rejected from bearish order block + institutional big figure 137.000. As well we can see price formed a normal divergence which indicates bearish price action.
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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.
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!
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Trading Involves High Risk
Not Financial Advice
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.
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 🚀
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.
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.
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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.
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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
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