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USDJPY 4hour Analysis March 6th, 2022USDJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Ranging Trade scenario 1: Overall UJ is bullish on the major timeframes, however, we can see that we have high volume ranging on the 4hour. Current price action is looking to break the range bearishly so we are looking for lower highs below 115.000 which is the key zone here. Trade scenario 2: If UJ continues to range we should price action turn bullish with reactions off of 115.000
by ForexLeague
1
USDJPY 4hour Analysis February 27th, 2022USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Back to bullish! UJ is shaping up nicely here with a clear 4hour bullish transition. Currently, price action is resting near 115.350 support and we’re waiting for either another higher low with strong bullish setups or some consolidation with later conviction candles to enter long on. Trade scenario 2: For us to consider UJ bearish we first would need to see a break of 115.000 support with a lower high below.
Long
by ForexLeague
USDJPY 4hour Analysis February 20th, 2022USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Price action is looking newly bearish here on UJ and is currently resting at support near 115.000. The most likely scenario is that we will see support break with price action forming a lower high below. Look to target lower toward key support levels. Trade scenario 2: For us to consider UJ bullish again we ideally want to see a break of a prior lower high so for us that means we need to see a higher low above 115.350.
Short
by ForexLeague
USD/JPY (An opportunity during distress?) View On USD/JPY (28 Jan 2022) In the current market condition, I am expecting UJ could be the clear winner There can be alot more UPside on this pair. Let's see, DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
USDJPY 4hour Analysis January 16th, 2021USDJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Looking very bearish here on the 4hour timeframe while the higher timeframes remain overall bullish. Price action is in a tricky area because we have re-entered a known range and the trend now becomes less clear. The most likely scenario is that price action finds resistance around 114.150 and falls back into the range. Trade scenario 2: For us to consider UJ bullish we would first need to see a higher low above 114.150 resistance.
by ForexLeague
watch for UJ sell next weekWe can see the uptrend from the previous has now been broken. The US dollar did have hard news last week while Japan had some great news on their end. The buyers will come in on Sunday and see if they can get ahead again but it looks like its in a retrace and the bears should start to take charge. If this is in a bearish direction. The first TP would be 113.110 as that is when price will start to retrace again. Let me know what you think will happen this week.
Short
by Theofficialcutty
2
USDJPY 4hour Analysis January 9th, 2021USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are extremely over extended here on UJ. For us to enter long we need to see a pullback with a structure forming higher low. Keep in mind that UJ is still overall bullish as long as we’re above 114.150. Trade scenario 2: No short opportunities are available yet. We would need to see a massive amount of bearish pressure breaking through support levels as low as 114.150 first.
Long
by ForexLeague