FX_IDC:USDJPY Notice: The points are only valid from 2024/09/20 to 2024/10/05 What we have now? 1.The key support and resistances level: 152 148.2 144 142 139.5 What should we do? 1.Open the long position when the price fails to break through the lower support level TP when the price is close to upper resistance level or TP 50% of your position...
✅USD_JPY is trading along the falling resistance line And as the pair is going down now After the retest of the line I am expecting the price to keep falling With the target of retesting the demand levels below at 139.74 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
USD/JPY Analysis: The Rate Falls Below 140 Yen per Dollar Despite today's public holiday in Japan, yen buyers remain active. As shown on the USD/JPY chart, today's candle low has dropped below the psychological level of 140 yen per dollar. The last time this exchange rate was seen was on 28 July 2023. On 11 August, when analysing the USD/JPY chart, we: → drew...
The USDJPY H4 remains firmly in a strong downtrend. The recent price action shows a powerful extension wave downward. We're focusing on selling the pullback on the 15-minute chart. Targets are set at 140.27 for the first and 139.59 for the second. Stop at 141.97. Happy Trading!
USD/JPY Analysis: Rate Drops to New Yearly Low The USD/JPY chart shows the rate has fallen below its 5 August low. This decline was influenced by comments from Bank of Japan representative Junko Nakagawa, who stated that the bank would continue raising interest rates if inflation keeps decreasing. “Given that real interest rates are currently very low, we will...
USDJPY / 1D TIME FRAME HELLO TRADERS Currently, prices are experiencing downward pressure and are trading below the turning level of 146.893. This suggests a bearish trend, especially after a breakout from the ascending channel. As long as prices remain below 146.893, the expectation is for them to move towards the next support level at 140.991. Should prices...
Although US non-farm data in August was not as expected. But the Bank of Japan has recently taken a hawkish stance on interest rate hikes, which has also significantly helped the yen's recovery. The U.S. Bureau of Labor Statistics said Friday that nonfarm payrolls increased by 142,000 jobs last month, while July's gain was revised down to 89,000. On the...
✅USD_JPY will soon retest a key support level of 140.280 So I think that the pair will make a rebound And go up to retest the supply level above at 143.256 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-JPY keeps falling But the pair will soon hit A horizontal support Of 141.717 from where We will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Downside breakdown USDJPY Yen broke a reversal pattern and decided to make a breakout to 140. This is a strong support level from which I expect a local rebound on upward correction. On options, this scenario is also confirmed, considering that today is the expiration of monthly options. The margin is also a bit higher, ideally make a false breakdown down and...
Market Analysis: USD/JPY Trims Gains USD/JPY is correcting gains and might test the 144.15 support in the near term. Important Takeaways for USD/JPY Analysis Today - USD/JPY struggled near 147.20 and recently started a downside correction. - There was a break below a major bullish trend line with support at 145.80 on the hourly chart at FXOpen. USD/JPY...
Went Long today on UJ, target wise, I just got lucky, otherwise I would be probably have locked in 0.80% and got tagged out after London KZ. I closed +12.60% for the month.
yesterday closed after CBDR at 11R(took one loss prior to that),UJ gave entry from PD area with POI. Currently shorts again, breaker-block from NY yesterday. Took 1 trade prior to this, had breakevren. This trade now has been set to breakeven already. Holding for 9R.
The USD/JPY currency pair experienced a decline to around 144.440 during Tuesday’s European session as the US Dollar (USD) remains under pressure. Market participants appear increasingly convinced that the Federal Reserve (Fed) is on track to begin reducing interest rates starting with its September meeting. This sentiment has kept the USD on the back foot,...
EUR/USD Breakeven USD/JPY still expecting it to go bearish (need to check again if I am having confirmation bias and this pair is diverging from norm. But stops are fixed max -2% for the day.
Shifted back again to 1.00% stops, last 15m to hour we are expecting bearish close. Happy to take this loss
USDJPY HELLO TRADERS in the last week the price of OANDA:USDJPY starting to rising , currently the price it will be trying to breakout a channel , in the event of this occurrence , price starts to up trading . Tendency , the price is under bullish pressure , until trading above turning level . Downward Zone : for a downward movement to occur , the...
USD/JPY Analysis: Rate Surpasses 149 Yen Per Dollar As the USD/JPY chart indicates, the rate has risen approximately 5.4% above the August 5 low. On one hand, the yen's weakening against the U.S. dollar is partly driven by rumours that the Bank of Japan might intervene not to support the weak yen (as when the rate was above 160) but to weaken it further....