USDJPY TRADE SETUPWait for retest the entry level then take a trade for Buy otherwise skip this setup guys
USDJPY trade ideas
USDJPY LONGWhen market opens, ill be looking to add more buys on USDJPY from the anywhere in the marked box as soon as entry confirms... Ill take 1st profit @156.179 and second profit @157.301
Total pips = 320pips
The higher TF all agree on buy trend and thta needs to be respected, do your research and lets see if we agree on this move. Fingers crossed
USD/JPY Technical Overview for Next WeekUSD/JPY trades around 156.50 on Friday. Daily chart analysis shows a continued bullish bias, with the pair moving upwards within an ascending channel pattern. The 14-day Relative Strength Index (RSI) is just below the 70 level, supporting the bullish outlook. A breakout above the 70 mark would indicate an overbought condition, potentially leading to a downward correction for the pair.
The USD/JPY pair could target the upper boundary of the ascending channel near the 159.70 level. A breakout above this level would reinforce the bullish sentiment and potentially push the pair toward its four-month high of 161.69, recorded on July 11.
On the downside, the USD/JPY pair could find support at the nine-day Exponential Moving Average (EMA) around 154.65, followed by the lower boundary of the ascending channel at 153.90.
USDJPY LongUSD-JPY continues a bullish momentum on upside, and continuously making HH and HL, Currently Uusdjpy is retracing and preparing or news highs. we can make a good profit from these entry levels.
USDJPY - Long active !!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 for a long. I expect bullish price action as we can see a rejection from bullish OB + trendline + level 154.000.
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Usdjpy is likely to go upUSD/JPY is likely to continue rising as the U.S. economy shows strong growth, supported by robust data such as high GDP growth, low unemployment, and resilient consumer spending, which strengthens expectations for the Federal Reserve to keep interest rates higher for longer, while the Bank of Japan maintains its dovish monetary policy. Key upcoming U.S. economic releases, such as the Non-Farm Payrolls, CPI, and Retail Sales, are expected to further reinforce the positive outlook for the USD, keeping upward pressure on USD/JPY.
USDJPY 900pips potential ?USDJPY (Swing Trade update) - 900pips ?!? For who interested on USDJPY, my plan. We are on a rising wedge, we must broke the bellow line of wedge and we must broke @ 153.410 with a candle closed bellow that. To short with target as wedge projection @ 144.532
USDJPY SELL SETUP !!“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading … I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” — Victor Sperandeo
USDJPY - Bullish Trajectory Intact20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it:
As long as price stays above Daily SMA cross, with a supporting 20SMA,
a bullish continuation remains intact.
Next confluence @ 157.166
If that confluence is breached and held, 160.00 = TARGET.
I deeply appreciate you taking the time to study my analysis and point of view.
Keynote!
The most important to consider always, before you leap:
When you jump in the river, make sure you swim "WITH" the current.
USD/JPY: USD Faces Correction Ahead of Key Retail Sales DataThe Japanese Yen has strengthened as the US Dollar begins to correct downward in anticipation of upcoming Retail Sales data. Japan's GDP annualized growth for the third quarter was reported at 0.9%, a notable decline from the 2.2% growth seen in the second quarter. In response to currency market volatility, Japan’s Finance Minister Kato emphasized his commitment to taking necessary measures to counter excessive fluctuations in foreign exchange rates.
From a technical analysis perspective, the current price indicates a rebound in an area where multiple supply zones converge, suggesting the potential for a pullback of the USD against the JPY. Retail traders continue to show a bullish stance towards the US Dollar, while other market participants appear uncertain or bearish in their outlook.
Given the significant rally in the USD that followed the Trump election victory, we are observing for a possible correction. As these dynamics play out, attention to price patterns and broader economic indicators will be essential for traders navigating this market environment.
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USD/JPY is still in its upward trendBy examining the trend in the one-hour time frame, USD/JPY has an important support range in the range of 153.38-154.02.
In general, this scenario is reinforced that USD/JPY can increase in price up to the resistance of the channel ceiling in the range of 158.08, provided that there is no closing of the four-hour candle time below the important support interval in the range of 153.38-154.02.
What is a Liquidity Void?This study goes over what Liquidity Voids look like and a live example of how to trade off of them - Charting back from early May 2010
Indentifying Bullish/Bearish Orderblocks & Mitigation Blocks Orderblocks and Mitigation Block Live Study - Looking at live example going back to early May of 2010. There was news on May 6th that caused the market to plunge but interestingly enough - Price Action manages to be find a floor around the Orderblocks indentified on the Daily, Weekly, and Monthly Charts (HTF)
USDJPYBOJ will increase interest rate to boost yen appeal in global financial window, this could come this year and it will alter trade direction to favor Javanese yen
BearishLooks like this could continue lower on the rejection of the 0.786 fib line and the trend line.
USD/JPY Daily Chart AnalysisThe USD/JPY pair is currently moving within an upward channel, demonstrating a steady uptrend since the recent lows around 139.56. The pair has been respecting key Fibonacci retracement levels, which could act as areas of support and resistance.
Key Levels to Watch:
0.236 Fibonacci Retracement (156.67): This level has served as a resistance zone, and a breakout above could pave the way for a test of the recent highs around 157.84.
Support Zones: Immediate support is seen at the 0.382 retracement (153.40), with additional support at the 0.618 level (148.12). A break below the channel could see a retest of these supports.
Indicators & Trends:
Moving Averages: The 20-day and 50-day moving averages are acting as dynamic support levels, supporting the current bullish trend.
Volume: There was a recent increase in volume as the pair rallied, suggesting strong buying interest. However, watch for any drop in volume, as it could signal weakening momentum.
RSI (Relative Strength Index): The RSI is approaching overbought territory, so caution is advised as the pair nears resistance zones.
Outlook:
The pair may experience consolidation between the 153.40 support and 156.67 resistance levels in the short term. A breakout above 156.67 could lead to a potential test of 157.84 and beyond. Conversely, a breakdown below the support trendline may shift momentum towards the downside, targeting lower Fibonacci levels and potentially the key support near 143.88.
Trading Plan:
Bullish Bias: Wait for a confirmed breakout above 156.67, aiming for the 157.84 level.
Bearish Bias : A confirmed break below the channel could signal a trend reversal, with initial targets near 150.75 and 148.12.
Always consider using appropriate risk management.
USDJPY: Buy opportunity inside the 1H MA200 and 4H MA100.USDJPY is bullish on its 1D technical outlook (RSI = 58.138, MACD = 1.880, ADX = 50.518) which perfectly explains the Channel Up it's been trading in since October 8th. At the moment the price is on an aggressive bearish wave, which got accelerated today as it was rejected on the 1H MA50. The result is so far a direct hit on the 1H MA200 for the first time since Nov 10th. The last two HL were on the 4H MA100 however, so there is still some more room to fall but even on the current level the reward largely outweighs the risk. We are just over the 0.5 Fibonacci level afterall, which is where the November 5th low was formed. We're long, aiming for a +3.20% rise (TP = 158.500).
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USD/JPY: Bearish Setup Triggered – Major Reversal Underway?The USD/JPY currency pair reached a pivotal high in July 2024 at 161.951, followed by a significant drop to 139.581. We interpret this as wave 1, unfolding through an A, B, and C corrective countertrend. As of 15 November 2024, we estimate that wave C peaked around the 156.7 level.
From here, we project a substantial bearish reversal, with the pair potentially breaking below the 130 level. The invalidation level for this bearish scenario is set at 161.951. Should this resistance hold, traders could anticipate sustained downside momentum. This bearish forecast is supported by technical indicators aligning with broader macroeconomic factors.
Key resistance lies at the 156.7 level, with traders advised to monitor this zone closely. Strategic positioning could offer opportunities for profit while mitigating risks, as this move signals a significant market shift.
USDJPY short idea 1H high risk! Looking to sell USDJPY, possible 1:5 RR
Entry , Stop ,take profit on the chart
Consolidation Midweek Rally #7 Daily fractal tuesday tradeAfter Friday touched the daily Orderblock formed during election week, I saw the perfect opportunity for a daily fractal trade. I waited for the London session's move, and since price dropped below the Asian range after 12:00 AM New York time, I waited for a 15-minute Orderblock to form and retraced into it.
The entry happened around 2:00 AM, but even if I had waited until 2:30 AM, the result would have been the same. I took partial profits and closed the entire trade on Thursday after price hit a Premium Discount (PD) array.
Although the playbook suggests Friday often sets the high of the week, I chose not to be greedy and exited early.
doing screenshots and publish really helps me a lot :D
USDJPY ANALYSISThe price is still in the uptrend and is reacting in a strong zone, signaling a shorter bullish call.
