usdjpy downtrend it is happening ..... due to my previous analysis i realized usdjpy just bounces back on that resistance line
Usdjpyshort
usdjpy downtrend it is happening ..... due to my previous analysis i realized usdjpy just bounces back on that resistance line
USDJPY - Expect retracement !!Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. For now I expect price to make a retracement to fill that huge imbalance lower and then to reject from bullish order block
Fundamental news: Tomorrow (GMT+3) we have important news in USA, we will see results of CPI and Interest Rate. As well on Friday we will have news regarding Interest Rate in Japan. Pay attention to the result in order to validate the analysis.
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Short Idea on USDJPYUSDJPY made an attempt to breakout from symmetrical triangle pattern on 12/6/2024 before US CPI Data released.
After US CPI Data released on 12/6/2024, the USDJPY dropped tremendously from 157.37 to 155.75 level.
Today 13/6/2024, USDJPY climbed to sensitive rejection level 157.35 again.
On 4-Hours Timeframe Chart, you can see a potential Head & Shoulder Formation.
The USDJPY Price is currently forming a possible right shoulder, which potential peak will be at between 157.30 to 157.40 area.
If a Solid Bear candlestick formed break the support of 156.90 Level, you will see a waterfall happening to 154.90 level.
My Entry Price: 157.26
Profit Target: 154.90
Stop Loss: 158.15
Risk : Reward: 1 : 2.61
USD/JPY Ready For Sell After Daily Closure , Are You Ready ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDJPY Bearish Bias!USDJPY went up sharply
But the pair has hit a
Horizontal resistance level
Of 157.72 and we are
Already seeing a bearish
Reaction so we will be
Expecting a local move down !
USDJPY Sell oppotunity 166.96USDJPY already rejected from resistance area and ready for the retest 154.99 level. if unfortunately broke current support open buy order with 157.81 level target
USDJPY: Swing Sell Happening! AB=CD PatternFX:USDJPY
Price is currently in process of making AB=CD pattern; after USDJPY created a record Higher High, most of the traders were expecting price to drop heavy and it just did that. After dropping heavily, price made some correction and formed a AB=CD pattern which is where we can expect price to drop exactly in same amount as A to B made. Our final target is 145-147 which will be somewhere 800-1000 pips. Use proper risk management.
USDJPY - Expect bearish price action !!Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look only for short position. I expect bearish price action as price filled that huge imbalance and now could reject from bearish order block.
Fundamental news: On Friday (GMT+3) we have NFP day. News with high impact USD, so pay attention to the results in order to validate the analysis.
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USD/JPY Loses Ground Despite Strong Economic Data but..The Japanese Yen continued to weaken on Thursday, even as economic data showed a positive trend. The Tokyo Consumer Price Index (CPI) increased to 2.2% year-over-year in May, up from April's 1.8%, which marked a 26-month low. In addition, Japan’s Retail Sales (YoY) grew 2.4% in April, accelerating from a downwardly revised 1.1% rise in March and surpassing market forecasts of 1.9% growth. This marks the 26th consecutive month of expansion, indicating a sustained period of healthy consumption in Japan.
Monetary Policy Implications
The Bank of Japan (BoJ) has maintained its deeply entrenched monetary policy stance. Should nationwide inflation in Japan decline, it would prevent the central bank from raising interest rates. The significant rate differential between Japan and other countries continues to exert pressure on the Japanese Yen, underpinning the USD/JPY pair.
US Dollar Rebound
The US Dollar (USD) rebounded ahead of the Federal Reserve's preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index, which is due to be released today. However, the decline in US Treasury yields could limit the advance of the US Dollar.
Technical Analysis
From a technical perspective, we are anticipating a rebound for the Yen, particularly if the US Core PCE Price Index shows a negative impact. The footprint analysis reveals several areas of demand on the daily timeframe chart, where the value could find support for a possible reversal.
Investors should monitor the upcoming Core PCE data closely, as it will likely influence the near-term direction of both the USD and JPY.
USD/JPY Giving Amazing Bearish P.A , Short Setup Valid Soon !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USD/JPY Short: Two potential IdeasOn montly we had an upmove without FVGs. The previous month showed some rejection, but stayed inside: This gives us potential for a rotation into the middle. The weekly chart is still confined in the big downwards candle and took the previous week low. The current day close is clearly below the previously mentioned weekly low. This move was carried by clear 4h-FVGs. This gives us two options:
Idea 1:
More on the bigger scale. A quick spike in the upcomming 1-2 4h candles with a clear rejection on the latest 4h-FVG would be an ideal trade location for short. I would like to see price around 156.37 and try to get an lower timeframe entry, e.g. on 15-30min. The ideal approach would not show any bullish FVGs on a lower timeframe like 30min.
Idea 2:
More aggressive, since 4h could attract market. But if we build another 30min candle and manage to produce a bearish FVG, we would have the potential for an earlier reversal. In this scenario it would be ideal to close the last bullish FVG beforehand. The 2nd indicated candle should then a rejection on the FVG and could give a good entry. This scenario stays active for me unless we either build more bullish FVGs or go below the current days low.
The first Take Profit, e.g. first half, would be the current days low around 155.95 - be wary to get a small stop for a good CRV. The 2nd half should be trailed.
✨FULL USDJPY. Multitimeframe Analysis✨☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
A good profit by breaking the defined area in the USDJPY
Hello Dears
What do you think about currency?
I have identified an orange area that if broken over the next week we can get a good sell deal on the currency
Personally, I am looking to enter this deal
Your eyes should be orange when the area is broken
A series of black dashed lines are drawn on the chart, we want to see the price reaction to these lines together.
USDJPY tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
USDJPY Analysis. Swing trade signal.Hello everyone i want share my idea about USDJPY Price action.
After huge uptrend, we saw some strong sellers which active after strong downside movement of JPY index. Japan government said in 2024 they will change monetary policy which was signal for swing traders, JPY index had pretty bad 2 years, it was coming strong downside, after this statement of Japan government it was first strong buyers, who really show strong buyside interest.
If we will look at Dollar index, it how us 2 thing price is still in uptrend at the moment, but after bad economical news of US government we can see sellers has control price, also if we look at us20 bond index we will see price came into downtrend which is i think additional signal of Dollar index bearish movement.
About USDJPY index, at higher timeframe, we are still in uptrend, but at the chart sellers trying to take control at price, we saw rejection from 4h fair value gap, this zone has tested after huge downside movement. 4h fair value gap and Fibonacci high sell zone is in same place but lets see what price action we will have, how i mentioned about Dollar index and JPY index, i am bearish at the pair.
I have some scenes which actually will approve i am right or not.
Always make your own research!!!
USDJPY 1H Short Trade - 1:6 RRRPair: USDJPY
Action: Sell
RRR: 1:6
SL: 157.134
TP: 154.442
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
USD JPY SELL There is a potential trend reversal on the Daily timeframe.
Stop loss: 158.1
Take profit: 152.195
Folow me for live updates
Usdjpy short USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.usdjpy confirm signal
sell 154.92 and tp 152.10 with stop loss at 156.2..rr 2.5i sell it coz even when dollars down he not down and so many ti_me BOj talk about to intervene.
i think they will do soon and if not a big pullback have to happens
u can put ur stop lost at 155.6 if u want a bertter RR but i scare about a big leg up
💡 USDJPY: Analysis May 23USDJPY has invalidated the doji signal and continued to increase in the past session. It has now approached the previous peak at 156.7, but has not yet shown a breakout signal. This price behavior is detrimental to our current selling strategy, but we still do not encourage you to change tactics because the risk of exchange rate intervention from the BoJ is still present and the price has not yet reached its peak. than. Brothers continue to hold existing short positions, SL placed above level 156.7. In case the price continues to go up and breaks this barrier, you should temporarily stop trading and wait for new signals.
💡 H1 trend: Sideway
Today trading idea: Sell.
