USD/JPY new long setup - This is an educational content that will give you some ideas and also teach why and how to enter a trade with pure price action.
Forex-usdjpy
Bearish Looking 10Y US Notes Can Push USDJPY HigherHello traders!
Today we will talk about 10Y US Notes and its negative correlation with USDJPY.
10Y US Treasury yields keeps pointing lower, as we see a bearish triangle formation within wave 4 correction that can send the price even lower for wave 5. If that's the case, then respecting correlations, USDJPY can see more gains for wave 5, as we also see a bullish triangle pattern within wave 4.
As you can see, triangle, a continuation pattern can be approaching the end, as we see the final subwave "e" in progress, so ahead of NFP report, be aware of that final 5th wave before we will see reversals.
Be humble and trade smart!
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UJ should be moving higher
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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USDJPY all set to shortThis is USDJPY - 4hour chart: Price broke out of an ascending trend line after showing Divergence on the MACD,
Price retested the broken trend line and it has the potential to continue moving lower,
We will be waiting for a bearish opportunity on a lower timeframe to confirm the down move...
Entrada bajista para UsdjpyDespués de la tendencia bajista comenzó su retroceso a niveles fibo respetando bien. Considero que si los sigue respetando el precio caerá mínimo hasta 113.413
Watch for 113.21 for USDJPYUSDJPY / 4H
USDJPY has been trading in a bullish trend and now is retesting some historical
levels, we expect the price to go more down to retest the before previous support
around the 113.21 that's where we will be looking for buys based on the price action
we observe following Wycoff confirmation on lower time frames to get on with perfect
entires if our bias is correct.
Trade safe,
Trader Leo.
USDJPY | Buy opportunity on the weaknessYesterday, I upload analysis of this currency that it has a potential breakout in near term. After seeing the market closing this morning, I saw hints about a correction will happen. You see , USDJPY basically now under a large consolidation pattern between 102.578/104.808-114.725/118.625. So, right now, USDJPY facing the major resistance (long term resistance). It is not surprising to me if this USDJPY needs some time to take this resistance.
Question probably appear, why not USDJPY comes down again to the support 102.578/104.808? Well, I am sure many traders also try to short on this major resistance or waiting for sell setup. But, if you see carefully about the chart of this USDJPY, you will see something different happen in the chart that is a mid-term consolidation formed. For me, it is a sign that market already made a preparation to face the resistance.
But that is just a theory, we focus on market presence and one thing for sure is the trend still bullish but now market move sideways, and give vibes to do a correction. And this is actually give opportunity to buy USDJPY in the right time.
Good Opportunity to go short on USDJPY USDJPY / Weely
USDJPY has been in a bullish trend and now it's rising to test a very strong resistance level,
we expect the price to go down after taking the highs or just approaching them,
if the sellers are strong enough to make the price break the bullish structure then
this might turn to be a long-term swing trade.
Trade safe,
Trader Leo
MarketBreakdown | WTI OIL, GOLD (XAUUSD), USDJPY, EURAUD
Hey traders,
here is a brief technical outlook of 4 peculiar instruments in my watch list.
1️⃣ WTI Crude Oil - 3 days time frame 🛢️
Very surprisingly WTI broke the year's high yesterday.
It looks like buyers are willing to push much higher.
The next historical highs to watch:
85.0
90.0
For buying, I would wait for a pullback first.
2️⃣ Gold (XAUUSD) - Daily time frame 🥇
Gold broke and closed above a resistance line of a falling wedge pattern.
This morning we see its retest.
Chances are high to see a bullish reaction soon.
Closest resistance - 1780
3️⃣USDJPY - 3 days time frame 🇺🇸🇯🇵
Yen dropped to a major supply zone.
110.45 - 110.8 is the area to look for buying opportunities.
Taking into consideration that the pair is trading in a bullish trend,
probabilities are on the bulls' side for now.
4️⃣EURAUD - 3 days time frame 🇪🇺🇦🇺
The market is trading in a bullish trend.
Reaching 1.643 structure high, the pair is retracing.
Ahead is a major confluence zone:
we see a perfect match between a major rising trend line and horizontal structure support.
From that confluence point, a bullish move will be expected.
❤️Please, support this idea with like and comment!❤️
Is the USD/JPY about to Fall? Strong Sell Signal!Hey traders so I have been watching this pair for several months and it looks to me like it has been carving out long term Head & Shoulders top. Finally it also looks like it is about to break below the neckline. If this occurs I think we could see a straight sell off to the profit target which is 106.50
The fact that the stock market is also starting to turn lower could accelerate selling because the Yen is known as a safe haven currency pair which means investors may buy it in times of uncertainty.
Sell Trade Entry 109.20
Stop Loss 111.00 above right shoulder.
Exit Strategy- Profit Target 106.50
Risk Management:
(Always look at every trade as how much you can afford to lose. Make sure it is your risk managment tolerance. Most experts recommend never to risk more than 2% of you total account equity on any given trade. Then protect your profits until market reaches your desired target.)
Trade Well,
Clifford
Possible break outs enjoy these possible break out signals for totally free love you all don't gamble too hard we still need our accounts lmao have a great day peace
USDJPY SHORT TERM BUY SETUP.Hello traders.
UJ seems to be in small corrective structure, so ultimately we can expect more upside based on the pattern that we're currrently seeing.
However, this pattern may change and develop into a different pattern(If it does, I'll update the chart in the comments).
For now, we'll anticipate a short term move to the upside.
Happy Monday ;)
Trade with care.
USDJPY short idea 9/6/21USDJPY sells idea based off 4 hour fib (61.8 retracement). Daily broke structure, 30 min broke counter trendline along with structure.
USD/JPY Long waiting II happenLet's go long this upcoming September! Then we sell at top of the channel. Currently taking small sell positions with break-even stoploss.
USD/JPY | Potential Upward Movement 🚀 Technical Analysis:
The pair is traded inside an expanding wedge formation where the market succeeded to make a rebound and move higher. A lower correction could be seen to the highlighted zone before a new impulsive wave to the upside toward the mentioned target profit.
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Trade Idea:
Buy Limit Order @ 110.04
Take Profit @ 110.53
Stop Loss @ 109.87
Trade Safely 🙂
USDJPY needs to move down before sustained upside can be foundWe predicted upside in the short to medium term. This week price continued to trade in a random walk manner. We see areas of value to the downside that needs to be liquidated before price can continue a sustained uptrend. We expect choppiness in the upcoming week.
BEAR CASE
We want to see price move down in the medium term to break that 107.000 level.
BULL CASE
If the markets find conviction the upside, price will continue to trade range bound in the channel that was drawn out.
USDJPY 4h Uptrend Possible Buy PositionUSDJPY is on an uptrend currently and there is a good positon to buy it @ 110.25 which is the 61.8 level of Fibonacci .
No Confirmation = No Trading
USD/JPY – Week 26 – Targeting the trendline.In our previous outlook, we expected USDJPY to drop towards the trendline. Instead, the price reached new highs but soon after gave some signs of exhaustion.
For next week, we expect the pair to reach the trendline. If it breaks and consolidates underneath, we will consider further bearish momentum. If not, then we will most likely bounce back up and make a new high.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
USDJPY: Bullish Outlook & Potential Targets 🇺🇸🇯🇵
Hey traders,
USDJPY keeps trading in a minor bullish trend from the end of April.
The pair is steadily growing within a rising wedge pattern.
Now the price is approaching its support.
I believe that probabilities are high that the pair will set a higher low again and will go higher.
Goals:
110.3
110.7
In case of a bearish breakout of support of the wedge, I will look for shorting opportunities.
USD/JPY analisys and price outlookKey levels
110.20
109.90
109.60
108.69 Last Price
108.40
108.10
107.80
