USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- At this point, USDJPY is slightly UP. The reason for that is that with US INFLATION DATA being NEGATIVE, UJ BUY was very good until last week. And FED UPDATES were very NEGATIVE. But with the arrival of RETAIL SALES, MANUFACTURING DATA, and some FED UPDATES POSITIVE, USD BUY is coming again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite
- At present the MARKET is taking RISK OFF and therefore the JPY is WEAK. According to the USDJPY ANALYSIS we gave earlier. But JPY is getting WEAK against USD.
- There is definitely a possibility that USDJPY will go UP a little more and move to 142.354 LEVEL. Anyway, USDJPY price can go down to 130.000 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
Usdjpysignal
USDJPY Trade For Long.USDJPY is trading in short term Ascending Channel pattern within the long term Descending channel pattern. according to chart pattern analysis we might see USDJPY trading in Ascending Channel pattern for while and then breakout from pattern towards the down trendline resistance level as shown in chart.
Trade with stop loss and own capital risk management .
views/opinions are welcome to discuss
Stats of Strategy: Sniper Factors to Fundamental =>Stats of Strategy: Sniper Factors to Fundamental => Base on Overall Score: Strong Trend Only FX:USDJPY
History Max Loss Consecutive in a row Record History: = 4
Currently Loss Consecutive in a row: == 2|3 Opportunity, Probability: 70% | R:R:R = 1:2<=3
Entry #3 Trade: Buy | Actual Result: Win
Economic Calendar
00:30 EUR ECB's Elderson Speaks
06:00 KRW CPI (YoY) (Nov) 5.0% 5.1% 5.7%
07:30 AUD Home Loans (MoM) -2.9% -4.5% -4.8%
07:30 AUD Retail Sales (MoM) -0.2% -0.2% 0.6%
09:40 AUD RBA Governor Lowe Speaks
09:40 EUR ECB President Lagarde Speaks
11:30 NZD RBNZ Gov Orr Speaks
14:00 EUR German Trade Balance (Oct) 6.9B 5.2B 2.8B
15:00 EUR Spanish Unemployment Change -33.5K -20.3K -27.0K
19:00 EUR ECB's De Guindos Speaks
20:30 USD Average Hourly Earnings (MoM) (Nov) 0.6% 0.3% 0.5%
20:30 USD Average Hourly Earnings (YoY) (YoY) (Nov) 5.1% 4.6% 4.9%
20:30 USD Nonfarm Payrolls (Nov) 263K 200K 284K
20:30 USD Participation Rate (Nov) 62.1% 62.2%
20:30 USD Private Nonfarm Payrolls (Nov) 221K 190K 248K
20:30 USD Unemployment Rate (Nov) 3.7% 3.7% 3.7%
20:30 CAD Employment Change (Nov) 10.1K 5.0K 108.3K
20:30 CAD Unemployment Rate (Nov) 5.1% 5.3% 5.2%
20:30 EUR German Buba President Nagel Speaks
Up It Goes As Expected..... :)Quick update on my previous post as expected we dipped under 135 actually down below 134 price was extremely oversold across leading into the NFP release then my indicator giving the green light to enter.
I have already closed 50% of this position and the stop loss is at entry will trail the stop as we move up
Read my previous to learn how I was able to predict this move
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.
USD/JPY Analysis 21.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- Currently USDJPY is going UP. The reason for that is that with US INFLATION DATA being NEGATIVE, UJ BUY was very good until last week. And FED UPDATES were very NEGATIVE. But with the arrival of RETAIL SALES POSITIVE, USD is BUYING again. So JPY went down automatically in previous days. But with the intervention of the BANK OF JAPAN, there is now a very good demand for YEN in the market.
- At present the MARKET is taking RISK OFF and therefore the JPY is WEAK. According to the USDJPY ANALYSIS we gave earlier. But JPY is getting WEAK against USD.
- There is a very high possibility that USDJPY will move up to the 146.040 level. Anyway, USDJPY price can go down to 133.00 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
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 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 - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- At this point, USDJPY is getting somewhat RANGE. The reason for that is that with US ECONOMIC DATA being POSITIVE, UJ was BUY very well until last week. And FED UPDATES were very POSITIVE. Last Friday's LABOR DATA shows that the dollar continues to strengthen. So JPY went down automatically in previous days. But with the intervention of the BANK OF JAPAN, there is now a very good demand for YEN in the market. LABOR DATA is due this week.
- Currently, the MARKET is becoming RISK ON, that's why the JPY is WEAK. According to the USDJPY ANALYSIS we gave earlier. But JPY is getting STRONG against USD.
- There is definitely a high chance that USDJPY will go UP a little more and move to 145.60 LEVEL. Anyway, USDJPY price can go down to 136.00 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE. usdjpy
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 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.
20 reason for sell USDJPY1 Structure analysis time frame BEAR
2 target time frame : DAILY
3 Current Move : IMPULSE
4 Entry Time Frame : H1
4.1 Entry TF Structure: CORRECRIVE
4.2 entry move : RETRACEMENT
5 Support resistance: base H4 ORDER BLOCK
6 FIB: DISCOUNTED AREA
7 candle Pattern: 3 BLACK CROW
8 Chart Pattern: ABCD ELLITE WAVE
9 Volume : DRIED
10 Momentum UNCONVENTIONAL Rsi: RANGE SHIFT BULLISH TO SIDE WAYS
11 Volatility measure Bollinger bands: VOLATILITY DIVERGENCE
12 strength ADX: SIDE WAYS
13 Sentiment ROC: USD STRINGER IN BIG PIC
14 final comment : SELL FOR SHORT TARGET
15 : decision : SELL
16 Entry: RIGHT NOW AT OPENING
17 Stop losel: 148.5
18 Take profit: 144.50
19 Risk to reward Ratio: 1:5
Excepted Duration : 3 DAYS