USD/JPY - Short; SELL right here!The chart ought to be self explanatory.
(Should have cleared already that +400 pips to which the previous post - attached - eluded. :-)
Usdjpysignal
USDJPY 23June2023if you look at the elliot notation and fibo extension placement, then wave 3 is right at 1.618, which means wave 3 is already 1.6x longer than wave 1.
I want to predict where the USDJPY price moves using the fibo extension, and it could be that the price goes to the fibo extension of 1.618 as well. if you look at the trendline, there is a possibility that the price will respond positively to the trendline, which also meets the fibo extension area.
I think this notation is quite correct, because wave 3 is not the shortest wave. as evidenced by the price at 1,618, and wave 5 could be a bullish continuation, this type of bullish can run for quite a long time. if you want to go short, it's better to wait for a fairly positive bearish confirmation.
#USDJPY 4H | 1H Sell🔘Broke the structure on the 4H timeframe
🔘Broke the structure on the 1H timeframe (confirmation)
If we break the red level on the 1H timeframe, we we'll go a little higher before drop, but if we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 SELLit seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Potential Long Trade Opportunity in USD/JPYBased on analysis, an enticing opportunity has emerged for a potential long trade in the USD/JPY currency pair. The suggested entry level for buyers is at 140.000. 📈💰
To maximize profit potential, a take-profit level has been set at 140.300, targeting a potential upward move in the market. 🎯💥
To manage risk, it is crucial to set a stop-loss (SL) level at 139.925, ensuring protection against potential adverse price movements. 🛡️⚠️
Remember, market conditions can shift swiftly, so it is essential to stay vigilant and adapt your trading strategy accordingly. As always, exercise your own discretion and adjust the stop-loss and take-profit levels based on your risk tolerance and trading plan. ⚙️💪
Successful trading relies on diligent analysis, effective risk management, and disciplined execution. Wishing you the best of luck and profitable trades! 📊💼✨
#TradingView #USDJPY #LongTradeOpportunity #TakeProfitTarget #TechnicalAnalysis #MarketAnalysis #RiskManagement #TradingStrategy #ForexTrading
UsdJpy- Consolidation before resumption to the upsideAfter the strong leg up started in the middle of May and the break above 137.50 important resistance, UsdJpy reached a high at 141 zone and has started to consolidate.
The consolidation is forming a symmetrical triangle which usually leads to continuation.
We can consider two bullish scenarios for this pair:
1. A break above the triangle's resistance and a rise to 145 zone
2. A break of triangle's support and a retest of 137.50 zone support followed by a continuation of the up trend.
As for negation, 137.50 is now confluent support and a break of this level could put the pair on a downtrend
USDJPY: Movements in a volatile market!The hurdle for raising rates this month is higher, implying fresh US Dollar falls
The Consumer Price Index (CPI) report is the final significant piece of information before the bank's decision. However, it's doubtful that it will alter the current situation. The bank's inclination to take a break, as indicated by May's Nonfarm Payrolls and echoed by Fed Chair Jerome Powell, suggests that they will stop raising interest rates. As bond markets haven't priced in this possibility entirely, there's potential for the US Dollar to weaken further in conjunction with returns on US debt.
USDJPY Support & Resistance D1 USDJPY: D1 Support & Resistance
This is my depiction of support & resistance which might help you to see the market structure ahead.
The use of this support & resistance is for decision making whether you trade breakouts / pullbacks in the next few days.
USDJPY ____ INCOMING BULLISH MOVEHello Guys,
USDJPY just cleared buy-side liquidity and is heading should head for the daily FVG.
Also, based on my outlook for the dollar index (see below for analysis), USDJPY should continue the rally but first, it needs to go into the daily order block to gather orders and momentum for this move.
Follow for more updates.
Feel free to DM me.
Dollar Index analysis
Other USD-related pairs
GBPUSD analysis
NZDUSD analysis
Cheers,
David
USDJPY 11June2023when wave 5 looks over, now enter the correction period, I have not added the new elliot notation, I have not seen the pattern that will occur even though the price movement looks positive for a correction. short term the price will drop to the SnD area with invalid restrictions, when the price moves higher than the invalid area it could be bullish again or there may be a fake break out.
USDJPY Analysis: New Week Perspective and Follow-Up DetailsIn this USDJPY technical analysis video, we delve into the aftermath of the recent Nonfarm Payrolls data, which offers critical insights into the US labor market. With positive data surpassing expectations and the potential for a Federal Reserve interest rate hike this month, the US Dollar may be poised for a bullish upswing. The May report revealed a remarkable increase of 339,000 payrolls in both public and private sectors, surpassing the forecast of 190,000.
Moreover, the recent signing of the bill by President Joe Biden, suspending the US government's $31.4 trillion debt ceiling and avoiding a default, adds another layer of anticipation to the market's reaction.
From a technical standpoint, this video focuses on a detailed analysis of USDJPY Support and Resistance Levels, as well as Trendlines within the 4H timeframe. By examining these levels, we aimed to identify potential trading opportunities on the USDJPY chart for the upcoming week as it helped in making informed trading decisions.
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
DeGRAM | USDJPY trend continuation. Buy opportunityUSDJPY is trading in the ascending channel, making higher highs.
The marker is likely to go up, potentially resulting in an AB=CD pattern.
If price pulls back to support, we'll have an opportunity to buy.
We expect a retest of the resistance level .
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 and CADJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
USD/JPY Chart H1Here is my view for USDJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDJPY ____ INCOMING BEARISH MOVEHello Traders,
USDJPY rallied last week into a weekly bearish order block and I expect it cause a retracement in the bullish rally.
As you can see on my chart, I have marked out the sell-side liquidity that I expect price to go and hunt.
Also, the dollar index is showing that there is likely to be a short-term bearish move in the dollar which is meant to impact USDJPY.
Follow me for more analysis.
Dollar Index Analysis
XAGUSD analysis
Cheers,
David
USDJPY ____ SHORT-TERM BEARISH LONG-TERM BULLISHHello Guys,
Last week I made a post on the bearish move of this pair which I capitalized on (see below for this analysis). This week I expect this pair to be short-term bearish as noted in my analysis of the dollar index.
Follow for more updates.
See my previous analysis on USDJPY
See this week's analysis on DXY, EURUSD, GBPUSD & NZDUSD
DXY
EURUSD
GBPUSD
NZDUSD
Cheers,
David
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 and CHFJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
