Ujforecast
USDJPY, Bearish, Swing tradeGood afternoon,
I hope everyone had a great weekend and previous trading week. Here I present a premarket forecast for UJ for this trading week. Last trading week UJ was bullish, breaking a key daily supply/demand area @142.118. Toward the end of the week, price reversed and closed below the same daily area of supply/demand @142.118.
Price rejected at a key 4hr level @141.731 with potential to retracement back to area @142.118.
If anyone has any questions, comments, concerns, or similar analysis, please share, comment, or boost.
USDJPY, Short, 4hr UJ hit the daily high level of 137.777 early this morning before taking a big leap down to 135.400 area. Currently looking for price to touch and resist the next supply located in the 137.000 area. Once price rises and rejects this area of 137/000, it will be in your best interest to take a sell if you have a similar set up. Will this be a short term bear cycle or are the bears in control of the market this week?
If there are any questions, comments, or concerns please don't hesitate to leave a comment. If this set up is similar to yours or you believe this is a great setup please share, like, and leave a comment
UPDATEhe USD/JPY is among the major currency pairs to watch this week, thanks to the yen’s heightened volatility in recent times and the fact we have some key economic data from the US this week.
• Yen drops as risk sentiment improves
• USD/JPY could resume lower on falling rates expectations
• Core PCE among key data releases to watch
USD/JPY bounces back as risk sentiment improves
The mood in the markets was noticeably brighter at the start of this week. Investors were hoping that authorities and regulators would be able to ring fence stresses within the banking sector. The USD/JPY and other yen pairs all bounced back, along with equity indices.
Sentiment towards risk actually improved in the second half of Friday’s session, and that momentum carried into the first half of Monday’s trading.
But there has been no fresh news, and so banks will remain under the spotlight. If we see any signs of fresh stress in the sector, then this should fuel a rally in the yen and undermine the USD/JPY pair.
USDJPY Analysis I Marked up USDJPY, using technical analysis only with no indicators whatsoever.
This analysis can be used to analyzed any market.
this setup is Technical analysis in its purest form.
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A potential continuation of an uptrend after ending diagonal UJThis pair may resume its uptrend when this potential ending diagonal ends with a Risk to Reward Ratio of 1:7 (risk abt. 100 pips and reward of abt. 799 pips).
#elliottwaveforecast
@marketpainterPH
Where will UJ go? It’s in the air We are back with UJ after a crazy week in the market, now we see that right now we are in a box of consolidation and we are waiting for an actual direction to trade. We see it’s been in a downtrend for a while but things do look to be slowing down and the buyers are making their presence. So for right now we should wait and see exactly where this will go.
What do you think?
USDJPY short with 4x Confluences. Confluences listed:
1: Trendline breakout and close on the Daily timeframe
2: Change in market structure and new low has been formed
3: Break and close below support around the 113.3** area
4: Double Top Pattern Formation
Summary:
Entry will be taken during the NY session. The trade has a potential RR of 2: 1 or more, depending on how deep the pull back is next Monday. If the trade is any less than 2:1 RR we will not be looking take the trade. Target are set using fibs from the high to the low of the breakout candle.
USD/JPY could move UP!Hey tradomaniacs,
good opportunity here to catch the current bottom as price seems to try to rise from here.
So far good absorption seen and I expect more continuation to the upside.
Manage aggressively!
USD/JPY SHORT IDEAHey guys,
as I`m still unable to trade currently I just share some of my views and plans for you.
USD/JPY could fall drastically with falling yields as USD would be under pressure while JPY gets its benefits!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
USD/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
USD/JPY: Daytrade-Preparation
Notice:
Waiting for break of neck-zone and trendline.
Volume, momentum and volatility has to confirm before we place a sell-order.
Market-Sell: 106,325
Stop-Loss: 106,620
Target 1: 106,015
Target 2: 105,850
Target 3: 105,700
Stop-Loss: 30 pips
Risk: 0,5 % - 1%
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Seeing a Strong Buy Formation on USDJPYAs we can see, the moving averages are lined up nicely for a buy. Whenever the smallest moving average is on the bottom and so on and so fourth, it tends to indicate that the market is signaling a reversal to the upside. Just bored, on this Sunday morning so I'm trying to give my bias. Hopefully someone has a takeaway from this idea.
USD/JPY BUY SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Type: Day-Swingtrade
Market Buy: 109,000
Stop-Loss: 108,470
Target 1: 109,380
Target 2: 109,840
Target 3: 110,200
Stop-Loss: 53 pips
Risk: 1-2%
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Usd Jpy ShortFX:USDJPY
So After the yesterday news party popper, UJ still showing bearish signs , you can either wait for break or enter with the Stoploss
YEN is Weak Now!USDJPY
Setup: HNS
Confluence:
CRS
Confirmation Needed
Price has to break neckline
Entry:
Buy @ 107.50, SL @ 106.70 (80 pips), TP @ 109.00 (150 pips)
UJ Long swing, During the Dollars immaculate inflation!- UJ has held up to key support levels so I am expecting some upward pressure to continue.
~~~~~~Looking for possible resistance at price level now, then buyers will flock out of trade (they get nervous)
~~~~~~ you will see institutional investors pile on long(buy) positions to continue the dollars inflation path
--> Call made based on technical factors going into price action
--> On chart I have marked possible Tp1/Tp2
--> Sl: Trade at your own risk
-------GOOD LUCK TRADING------
Usd Jpy Short Continuation FX:USDJPY
UJ hitting supply zone and despite all roses and flowers for trade tensions, it still expected to retrace from here
