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USDJPY 4Hour Analysis July 18th, 2021USDJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Higher timeframes still point bullish although we did see price action on the 4hour fall to key support at 110.000 where we are now consolidating. Ideally we want to continue with the overall bullish trend as it is the most likely. Look for a significant break of resistance with higher low formations to enter on. Look to target higher toward key resistance around 111.500 Trade scenario 2: For us to consider UJ bearish we need to see a clear break below 110.000 with a confirmed lower high. Look to enter short on strong bearish setups after the lower high and target lower toward support near 109.150
Long
by ForexLeague
USDJPY 4Hour Analysis July 11th, 2021USDJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: UJ is overall bullish but we have seen a fairly strong 4hour bearish trend come into play here. Currently we are at key support near 110.000 and we’re looking for reversals. Ideally we can spot a higher low above 110.000 with strong bullish setups & confirmation. Look to enter long and target higher toward key resistance levels. Trade scenario 2: For us to consider UJ bearish we need to see a lower high below support at 110.000
Long
by ForexLeague
USDJPY 4Hour Analysis July 5th, 2021USDJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we’re very bullish and the trend looks like it will continue this way. We do have to keep in mind that our most key level is near 111.500. This means that we’re looking for buys once price action starts to form higher lows above and that we will look for shorts if we can spot a reversal with lower highs below 111.500. Trade scenario 2: For us to consider short opportunities we would need a clear reversal with plenty of confirmation. If this happens we will look to target lower toward major support levels.
Long
by ForexLeague
USDJPY 4Hour Analysis June 28th, 2021USDJPY Long Idea Weekly Trend: Bearish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still pretty bullish on UJ but a pullback would be appropriate given the strong bullish trend we’ve recently seen. Ideally we can spot a higher low above 110.000 and look to enter long from there. Target higher toward 111.500. Trade scenario 2: For us to consider UJ bearish we would need to see a total break of support at 110.000 with a lower high below.
Long
by ForexLeague
USDJPY 4Hour Analysis June 21st, 2021USDJPY Long Idea Weekly Trend: Bearish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we’re still very bullish on UJ and we recently broke key resistance at 110.000. From the current level we’re looking for reversals & higher lows to continue with the trend. Look to enter long after we confirm a higher low and target higher toward prior highs and 111.500. Trade scenario 2: For us to consider UJ bearish we need to see a break back below 110.000 with a confirmed lower high. This would present a good short opportunity where we will look to target lower toward 109.150.
Long
by ForexLeague
USDJPY 4Hour Analysis June 13th, 2021USDJPY Long Idea Weekly Trend: Bearish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we’re pretty bullish on this pair and price action has been in a strong bullish channel. To continue with this trend we ideally want to see a higher low above the next major level of resistance. Trade scenario 2: For us to consider UJ bearish we would need a bearish break of the channel. For now the first step would be to see a reversal at current resistance with a break to follow.
Long
by ForexLeague
USD/JPY- Weekly Analysis- 06-06-2021 - 06-11-2021 ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯UJ- USD/JPY- Weekly Forex Trade Analysis- 06-06-2021 - 06-11-2021✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯Trade Idea Information And Market Analysis✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ #1- Market Trend / Market Bias = Uptrend- The Market Trend Is Up A. Blue Arrow Pointing Upwards... Signaling A Strong Uptrend B. Blue Arrows Signaling Uptrend Continuation Moves From Support Levels C. Red Arrow Signaling Downtrend / Counter-Trend Move From Resistance Level ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ #2- Key Market Support And Resistance Levels A. Weekly Support & Resistance Level At 110.930 B. Weekly Support & Resistance Level At 107.600 C. Weekly Support & Resistance Level At 106.390 D. Daily Support & Resistance Level At 109.435 E. Daily Support & Resistance Level At 108.510 ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ #3- Price Action Market Trading Signals / Setups A.✯First Highlighted PAM Signal Was A PIN BAR B.✯✯Second Highlighted PAM Signal Was A PIN BAR C.✯✯✯Third Highlighted PAM Signal Was A PIN BAR D.✯✯✯✯Future Potential HIGHLIGHTED PAM Signal/Setup??? ✯✯✯Highlighted Pin Bar Buy Signal Formations All Signaling Uptrend Moves✯✯✯ ✯✯✯Looking For The Potential Formation Of A PRICE ACTION BUY SIGNAL✯✯✯ ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ 4. EVENT AREA Highlighted Area A. Signaling A Strong Area / Level For A Potential Big Future Movement ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯
Long
by DMAFXTRAD
USDJPY 4Hour Analysis June 6th, 2021USDJPY Long Idea Weekly Trend: Bearish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we’re still very bullish on UJ on all significant timeframes but we’re currently seeing price action pull back on this 4hour timeframe. This is ideally what we want to happen in a bullish trend, wait for the pullback then enter on a confirmed higher low. In this scenario we will look for entries closer to 109.150 after we can identify a reversal. Trade scenario 2: For us to consider UJ bearish we need to see this ascending channel break with lower highs below key support levels. If we see a confirmed lower high below 109.150 then we will consider short opportunities.
Long
by ForexLeague
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