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Uj

USDJPY 4hour Analysis August 14th, 2022USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Looking bearish on the daily & 4hour timeframe for UJ and we’re looking to continue with that bearish trend. Ideally price action breaks support at 133.000 and forms structure below. Look to target lower toward key support around 129.500. Trade scenario 2: For us to consider UJ more bullish we would need to see rejection off 133.000 support right now and start pushing higher.
Short
by ForexLeague
USDJPY 4hour Analysis August 7th, 2022USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are back to bullish on all timeframes for UJ. Last week we saw the 4hour transition back to bullish after rejecting our 133.000 zone. Going into this week we’re looking for a significant higher low to enter long on. Trade scenario 2: For us to consider UJ bearish again we first would need to see a break below 133.000 with structure below.
Long
by ForexLeague
How to make quick 40 pips in USDJPYSince the FED last week went from an ultra hawkish stance to a more data dependant one it is clear that US data will now become even more important and volatile for USD pairs and also for the whole market. And thats great news! It means we can now extract pips from the market every time there are important US news like for example the ISM manufacturing data today. If you want to participate you can enter to my group trough the link in my bio. For the ISM report yesterday it was really easy to get 30-40 pips out of USDJPY: 1. The ISM came better than expected with 52.7 vs. 52.1 consensus. -> go long USDJPY immediately 2. Algos drove USDJPY higher for 40 pips 3. Take profit immediately when the first impulse of the move weakens. 4. Market participants realize that the most important subcomponent of the ISM, -> prices paid <- , came much lower than expected (60.0 vs 75.0 consensus) 5. USDJPY falls all the way back again I made easy peasy 40 pips and so can you next time.
Long
by PrimeTrading
USDJPY 4hour Analysis July 31st, 2022USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking newly bearish on UJ and it does not look like it is slowing down. Ideally this week we see strong bearish setups rejecting our 134.000 zone. Look to target lower toward 131.000 Trade scenario 2: For us to consider UJ bullish we need to see a break back above 134.500 with a higher low above. Look to target higher toward 136.500 if this happens.
Short
by ForexLeague